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ABSTRACT
The purpose of the study was to determine the role of agriculture in economic growth and poverty reduction in Nigeria. The data used were collected from the statistical bulletin of the Central Bank of Nigeria and World Bank’s development indicators, and covered the period of 33 years ranging from 1981 to 2014. Multiple regression was used to analyze the data. The result showed that agriculture has significant impact o n economic growth in Nigeria. It was also showed that agriculture has significant impact on poverty reduction in Nigeria. The other variable included in the model which is non-agriculture output did not have significant impact on poverty reduction. The study therefore recommends among others that government provides more funding for agriculture universities in Nigeria to carry out researchers on all area of agriculture production; this will lead to more exports and improvement in the competitiveness of Nigeria agriculture reproduction in international markets. The Central Bank of Nigeria should also come up with a stable policy for loan disbursement to farmers at a reasonable interest payback.
Background of the Study
The role of agriculture in economic growth and poverty reduction has become an issueof great concern in developed and developing countries. Nnadi (2005) stated that agriculture is indispensable in addressing economic growth and poverty reduction, which are the most difficult challenges facing many countries in the world especially developing countries where on the average, majority of the population are considered poor. Evidences in Nigeria show that the number of those in poverty has continued to increase. The author stressed further that the rising profile of poverty in Nigeria is assuming a worrisome dimension as empirical studies have shown. In consonant with this, Ojo (2008) opined that, Nigeria, a sub-Saharan African country, has at least half of its population living in abject poverty. The UN Human Poverty Index in 1999, credited Nigeria with 41.6%, captured the phenomenon more succinctly as the figure placed the nation as amongst the 25 poorest nations in the world. As at 2004, the HPI (Human Poverty Index) value for Nigeria, 40.6, ranks 76th among 102 developing countries for which the index has been calculated. The country has increasing rate of poverty both at the regions and at the national level, high unemployment rate, high income inequality, low quality human capital, high percentage of population on welfare and high out migration in the face of high economic growth.
Agriculture is the production of food, feed, fibre and other goods by the systematic growing and harvesting of plants and animals (Akinboyo, 2008). According to, Brandt (2011), agriculture is the cultivation of land, raising and rearing of animals for the purpose of production of food for man, animals and industries
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SIMILAR AGRICULTURAL ECONOMICS FINAL YEAR PROJECT RESEARCH TOPICS
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1. IMPACT OF THE COMMERCIAL AGRICULTURE CREDIT SCHEME ON THE PERFORMANCE OF BENEFICIARIES IN ANAMBRA STATE NIGERIA
» ABSTRACT The study examined the impact of Commercial Agriculture credit scheme on the performance of beneficiaries in Anambra State, Nigeria. Simple r...Continue Reading »Item Type & Format: Project Material - Ms Word | 80 pages | Instant Download | Chapter 1-5 | AGRICULTURAL ECONOMICS DEPARTMENT
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2. THE APPLICATION OF COMPUTER TECHNOLOGY ON THE INVENTORY CONTROL SYSTEM AS A PRODUCTIVITY IMPROVEMENT STRATEGY IN NIYYA FARMS NIGERIA LIMITED KADUNA
» CHAPTER ONE INTRODUCTION BACKGROUND TO THE CASE STUDY The advent of computer technology has boost production of both domestic and industrial activitie...Continue Reading »Item Type & Format: Project Material - Ms Word | 52 pages | Instant Download | Chapter 1-5 | AGRICULTURAL ECONOMICS DEPARTMENT
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3. MARKET INTEGRATION AND PRICING EFFICIENCY OF SOYABEANS IN BENUE AND ENUGU STATES, NIGERIA
» ABSTRACT The study analysed market integration and pricing efficiency of soyabeans in Benue and Enugu States, Nigeria. Low household demand for soyabe...Continue Reading »Item Type & Format: Project Material - Ms Word | 222 pages | Instant Download | Chapter 1-5 | AGRICULTURAL ECONOMICS DEPARTMENT
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4. ANALYSIS OF LIVELIHOOD DIVERSIFICATION BY FARMING HOUSEHOLDS IN SELECTED LOCAL GOVERNMENT AREAS OF KADUNA STATE, NIGERIA
» ABSTRACT Thisstudy focused on analyse of livelihood diversification by farming households in Kachia, Kagarko and Jaba Local Government areas of Kaduna...Continue Reading »Item Type & Format: Project Material - Ms Word | 82 pages | Instant Download | Chapter 1-5 | AGRICULTURAL ECONOMICS DEPARTMENT
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5. IMPACT OF AGRICULTURAL POLICY ON ECONOMIC DEVELOPMENT UNDER THE JONATHAN ADMINISTRATION
» ABSTRACT Nigeria has been faced with bad governance, poverty, terrorism, environmental degradation, oil theft, illegal bunkering, proliferation of sma...Continue Reading »Item Type & Format: Project Material - Ms Word | 61 pages | Instant Download | Chapter 1-5 | AGRICULTURAL ECONOMICS DEPARTMENT
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6. THE AGRICULTURAL SECTOR AS THE KEY TO THE DIVERSIFICATION OF THE NIGERIAN ECONOMY FOR SUSTANABLE DEVELOPMENT
» ABSTRACT With the recent and continued fluctuations in the international price of crude oil, lack of diversification of the Nigerian economy has led t...Continue Reading »Item Type & Format: Project Material - Ms Word | 52 pages | Instant Download | Chapter 1-5 | AGRICULTURAL ECONOMICS DEPARTMENT
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7. TRANSPORTATION COST VARIATION AND ITS EFFECT ON AGRICULTURAL PRODUCT A CASE STUDY OF EDO STATE
» CHAPTER ONE INTRODUCTION 1.1 Background of the study Agriculture has been identified as the primary and biggest source of income in rural communities ...Continue Reading »Item Type & Format: Project Material - Ms Word | 52 pages | Instant Download | Chapter 1-5 | AGRICULTURAL ECONOMICS DEPARTMENT
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8. ECONOMIC OF CASSAVA PROCESSING IN IBESIKPO ASUTAN L.G.A AKS
» ABSTRACT This study was carried out to examine returns to cassava processing in Ibesikpo Asutan Local Government Area, Akwa Ibom State. The specific o...Continue Reading »Item Type & Format: Project Material - Ms Word | 52 pages | Instant Download | Chapter 1-5 | AGRICULTURAL ECONOMICS DEPARTMENT
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9. ECONOMIC ANALYSIS OF MAIZE (Zea mays) PRODUCTION IN SOBA LOCAL GOVERNMENT AREA OF KADUNA STATE, NIGERIA
» ABSTRACT The objectives of this study are to describe the socio economic characteristics of maize farmers, costs and returns, and identify the constra...Continue Reading »Item Type & Format: Project Material - Ms Word | 37 pages | Instant Download | Chapter 1-5 | AGRICULTURAL ECONOMICS DEPARTMENT
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10. ANALYSIS OF EFFECT OF FLOOD ON LIVELIHOODS AND ADAPTATION MEASURES OF SMALLHOLDERS CROP FARMERS
» CHAPTER ONE INTRODUCTION 1.1 BACKGROUND TO THE STUDY The Intergovernmental Panel on Flood (IPCC) (2007), views flood as statistically significant vari...Continue Reading »Item Type & Format: Project Material - Ms Word | 44 pages | Instant Download | Chapter 1-5 | AGRICULTURAL ECONOMICS DEPARTMENT