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Successive national agricultural policies/programmes, growth of gross domestic product (GDP) and expansion of agribusinesses in Nigeria

Author

Listed:
  • Clara U Nwankwo
  • Michael E Ikehi
  • Toochukwu E Ejiofor
  • Florence O Ifeanyieze

Abstract

In Sub Saharan Africa, agriculture’s contribution to employment and Gross Domestic Product (GDP) is estimated to be higher than other sectors. Policies designed and implemented for the agricultural sector could be an influencing factor to the variations in the contributions of agriculture to the annual national GDP. These policies are believed to have shaped and (some) still shaping the landscape of agriculture and national economy. The study analysed agriculture’s GDP contribution during the implementation of various national agricultural policies, and the potential of the policies to foster agrobusiness development in Nigeria between 2000 and 2021. The study adopted mixed-method approach. Primary data were collected through a structured questionnaire administered on 29 purposively sampled state Agricultural Development Programme (ADP) directors across Nigeria. The questionnaire was face-validated by three experts. Reliability test was carryout using Cronbach Alpha approach, which yielded an index of 0.89. Copies of the questionnaire were administered on the respondents through direct contact. Secondary data were collected from the Nigeria’s Federal Ministry of Agriculture and Rural Development, National Bureau of Statistics, and World Bank. Data was analysed with mean, standard deviation, percentages and ANOVA. Findings of the study revealed that the performance of implemented agricultural policies had influence on agricultural sector’s percentage contribution to national GDP, and changes in agriculture’s GDP contribution had significant impact on national GDP growth. The duration of active life of the policies did not influence their performance, like the Root and Tuber Expansion Programme which lasted longer yet performed less than the National Special Programme on Food Security in terms of improvement in agriculture’s GDP contributions. All the policies implemented had several limitations in their ability to foster agribusinesses in Nigeria. The study recommends that future policies should focus on providing sustainable frameworks for developing the business in agriculture through value chain optimisation and the use of the teeming, young, and affordable labour force like China and India did to become global food producers.

Suggested Citation

  • Clara U Nwankwo & Michael E Ikehi & Toochukwu E Ejiofor & Florence O Ifeanyieze, 2024. "Successive national agricultural policies/programmes, growth of gross domestic product (GDP) and expansion of agribusinesses in Nigeria," PLOS ONE, Public Library of Science, vol. 19(2), pages 1-18, February.
    • Handle: RePEc:plo:pone00:0291999
    DOI: 10.1371/journal.pone.0291999
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    References listed on IDEAS

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    1. Zewdie Habte Shikur, 2020. "Agricultural policies, agricultural production and rural households’ welfare in Ethiopia," Journal of Economic Structures, Springer;Pan-Pacific Association of Input-Output Studies (PAPAIOS), vol. 9(1), pages 1-21, December.
    2. Okuneye, P. A. & Ayinde, I. A., 2011. "The Nigerian Agricultural Policy Inadequacy: The Way Forward," Nigerian Journal of Agricultural Economics, Nigerian Journal of Agricultural Economics, vol. 2(01).
    3. Mariano, Marc Jim & Villano, Renato & Fleming, Euan, 2012. "Factors influencing farmers’ adoption of modern rice technologies and good management practices in the Philippines," Agricultural Systems, Elsevier, vol. 110(C), pages 41-53.
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