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Agricultural Production and Economic Growth in Nigeria: Implication for Rural Poverty Alleviation

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  • Oyakhilomen, Oyinbo
  • Zibah, Rekwot Grace

Abstract

This research was carried out to provide empirical information on the relationship between agricultural production and the growth of Nigerian economy with focus on poverty reduction. Time series data were employed in this research and the analyses of the data were done using unit root tests and the bounds (ARDL) testing approach to cointegration. The result of the data analysis indicated that agricultural production was significant in influencing the favourable trend of economic growth in Nigeria. Despite the growth of the Nigerian economy, poverty is still on the increase and this calls for a shift from monolithic oil-based economy to a more plural one with agriculture being the lead sector. It was recommended that pro poor policies should be designed for alleviating rural poverty through increased investments in agricultural development by the public and private sector.

Suggested Citation

  • Oyakhilomen, Oyinbo & Zibah, Rekwot Grace, 2014. "Agricultural Production and Economic Growth in Nigeria: Implication for Rural Poverty Alleviation," Quarterly Journal of International Agriculture, Humboldt-Universitaat zu Berlin, vol. 53(3), pages 1-17, August.
  • Handle: RePEc:ags:qjiage:195735
    DOI: 10.22004/ag.econ.195735
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    7. Debesh Mishra & Kamalakanta Muduli & Rakesh Raut & Balkrishna Eknath Narkhede & Himanshu Shee & Sujoy Kumar Jana, 2023. "Challenges Facing Artificial Intelligence Adoption during COVID-19 Pandemic: An Investigation into the Agriculture and Agri-Food Supply Chain in India," Sustainability, MDPI, vol. 15(8), pages 1-25, April.
    8. Anaida Iosif, 2015. "The relationship between poverty and agricultural growth in countries within central and eastern europe," International Conference on Competitiveness of Agro-food and Environmental Economy Proceedings, The Bucharest University of Economic Studies, vol. 4, pages 170-176.
    9. Abu, O. & Okpe, A.E. & Abah, D.A., 2018. "Effects of Climate and Other Selected Variables on Rice Output Response in Nigeria," Nigerian Journal of Agricultural Economics, Nigerian Journal of Agricultural Economics, vol. 8(01), October.
    10. Okunola Akinbode Michael, 2017. "Long and Short Run Dynamics of Agricultural and Petroleum Sectors in the Economic Growth of Nigeria," Romanian Economic Journal, Department of International Business and Economics from the Academy of Economic Studies Bucharest, vol. 20(64), pages 13-27, June.
    11. Debesh Mishra & Biswajit Mohapatra & Abhaya Sanatan Satpathy & Kamalakanta Muduli & Binayak Mishra & Swagatika Mishra & Upma Paliwal, 2024. "The pandemic COVID-19 and associated challenges with implementation of artificial intelligence (AI) in Indian agriculture," International Journal of System Assurance Engineering and Management, Springer;The Society for Reliability, Engineering Quality and Operations Management (SREQOM),India, and Division of Operation and Maintenance, Lulea University of Technology, Sweden, vol. 15(6), pages 2715-2729, June.
    12. Anthony Orji & Jonathan E. Ogbuabor & Onyinye I. Anthony-Orji & Jennifer Nkechi Alisigwe, 2020. "Agricultural Financing and Agricultural Output Growth in Developing Economies: Any Causal Linkage in Nigeria?," International Journal of Finance, Insurance and Risk Management, International Journal of Finance, Insurance and Risk Management, vol. 10(2), pages 34-43.
    13. Seyi Olalekan Olawuyi & Abbyssinia Mushunje, 2019. "Social Capital and Adoption of Alternative Conservation Agricultural Practices in South-Western Nigeria," Sustainability, MDPI, vol. 11(3), pages 1-20, January.
    14. Megbowon Ebenezer Toyin & Ojo Oloruntimilehin Sola & Olasehinde Timilehin John, 2017. "Agro-processing Output and Agricultural Sector Employment: Evidence from South Africa," Acta Universitatis Danubius. OEconomica, Danubius University of Galati, issue 13(2), pages 174-184, April.
    15. Oluwatobi Joshua OLOFIN & Adeleke Gabriel AREMO (Ph.D) & Olabode Philp OLOFIN (Ph.D) & Oluwafemi Olawale OKUNADE, 2023. "Neighborhood Effect, Agricultural Development and Poverty Level in Nigeria," International Journal of Research and Innovation in Social Science, International Journal of Research and Innovation in Social Science (IJRISS), vol. 7(5), pages 705-726, May.
    16. Khondaker Golam Moazzem & Tamim Ahmed, 2021. "Implications of COVID-19 for Bangladesh’s Graduation from the LDC Status," CPD Working Paper 140, Centre for Policy Dialogue (CPD).
    17. Joseph David & Nurudeen Abu & Akintola Owolabi, 2025. "The Moderating Role of Corruption in the Oil Price-Economic Growth Relationship in an Oil-Dependent Economy: Evidence from Bootstrap ARDL with a Fourier Function," Economic Alternatives, University of National and World Economy, Sofia, Bulgaria, issue 1, pages 5-30, March.
    18. Runganga, Raynold & Mhaka, Simbarashe, 2021. "Impact of Agricultural Production on Economic Growth in Zimbabwe," MPRA Paper 106988, University Library of Munich, Germany.
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    20. Surbhi Bansal & Pushp Kumar & Shan Mohammad & Nazim Ali & Mohd Arshad Ansari, 2021. "Asymmetric effects of cereal crops on agricultural economic growth: a case study of India," SN Business & Economics, Springer, vol. 1(12), pages 1-19, December.

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