ABSTRACT
The purpose of this study was to determine the impact of Agricultural sector on economic growth of Nigeria within the period of 1990-2008. (Nineteen years period). The study was a secondary data research in which I adopted multiple regression models as my tool of analysis. The OLS was the estimation technique. From the analysis, the following findings were made: Agricultural sector has a positive relationship with Economic growth as a unit increased in agricultural sector led to 0.9 units increase in economic growth of Nigeria. I also found out that economic growth and development of Nigeria is attributed to Agriculture. From these findings, the researcher made the following recommendations; efficient and equitable distribution of farm inputs by the government, provision of basic infrastructure and social amenities, advancing of loans to farmers at low or no interest rate, adoption of strategies that would attract young graduates to farming, engaging of more extension workers that will be under the direct supervision of the ministry of Agriculture so as to encourage growth and development of the sector and economy at large.
TABLE OF CONTENTS
Title page i
Approval page ii
Dedication iii
Acknowledgment iv
Abstract v
CHAPTER ONE
1.1 Introduction 1
1.2 Statement of the Problem 4
1.3 Review of Related Literature 5
1.4 Government Effort in Agriculture 12
1.3.2 Empirical Studies 17
1.3.3 Theoretical Foundation 24
1.4 Objective of the Study 25
1.5 Hypothesis of the Study 26
1.6 Scope of the Study 26
1.7 Significance of the Study 26
CHAPTER TWO
METHODOLOGY
2.1 Conceptual and operational definition 29
2.2 Model Specification 30
2.3 Model Justification 31
2.4 Estimation Technique 31
2.5 Result Evaluation 32
2.6 A Priori Expectation 34
2.7 Source of Data 34
CHAPTER THREE
RESULTS
3.1 Presentation of Result 35
3.2 Testing of Hypothesis 37
CHAPTER FOUR
DISCUSSION OF RESULT
4.1 Discussion of Result 40
4.2 Implication of Findings 42
CHAPTER FIVE
SUMMARY AND CONCLUSION
5.1 Summary 45
5.2 Conclusion 46
5.3 Recommendations 47
5.4 Limitations of the Study 48
5.5 Suggestion for further Studies 49
References 50
The purpose of this study was to determine the impact of Agricultural sector on economic growth of Nigeria within the period of 1990-2008. (Nineteen years period). The study was a secondary data research in which I adopted multiple regression models as my tool of analysis. The OLS was the estimation technique. From the analysis, the following findings were made: Agricultural sector has a positive relationship with Economic growth as a unit increased in agricultural sector led to 0.9 units increase in economic growth of Nigeria. I also found out that economic growth and development of Nigeria is attributed to Agriculture. From these findings, the researcher made the following recommendations; efficient and equitable distribution of farm inputs by the government, provision of basic infrastructure and social amenities, advancing of loans to farmers at low or no interest rate, adoption of strategies that would attract young graduates to farming, engaging of more extension workers that will be under the direct supervision of the ministry of Agriculture so as to encourage growth and development of the sector and economy at large.
TABLE OF CONTENTS
Title page i
Approval page ii
Dedication iii
Acknowledgment iv
Abstract v
CHAPTER ONE
1.1 Introduction 1
1.2 Statement of the Problem 4
1.3 Review of Related Literature 5
1.4 Government Effort in Agriculture 12
1.3.2 Empirical Studies 17
1.3.3 Theoretical Foundation 24
1.4 Objective of the Study 25
1.5 Hypothesis of the Study 26
1.6 Scope of the Study 26
1.7 Significance of the Study 26
CHAPTER TWO
METHODOLOGY
2.1 Conceptual and operational definition 29
2.2 Model Specification 30
2.3 Model Justification 31
2.4 Estimation Technique 31
2.5 Result Evaluation 32
2.6 A Priori Expectation 34
2.7 Source of Data 34
CHAPTER THREE
RESULTS
3.1 Presentation of Result 35
3.2 Testing of Hypothesis 37
CHAPTER FOUR
DISCUSSION OF RESULT
4.1 Discussion of Result 40
4.2 Implication of Findings 42
CHAPTER FIVE
SUMMARY AND CONCLUSION
5.1 Summary 45
5.2 Conclusion 46
5.3 Recommendations 47
5.4 Limitations of the Study 48
5.5 Suggestion for further Studies 49
References 50