Economic Determinants of Agricultural Productivity in Nigeria

International Journal of Research and Innovation in Social Science (IJRISS) | Volume IV, Issue IX, September 2020 | ISSN 2454–6186

Economic Determinants of Agricultural Productivity in Nigeria

Muhammad Bilyaminu Ado and Bello Muhammad Bello
Department of Economic, Yusuf Maitama Sule University, Kano

Abstract: The study examined the economic determinants of agricultural productivity in Nigeria from 1981 – 2017, using ARDL technique. The outcome of the study confirms the long run linkage among the variables of the model. The estimated ARDL result reveals that the labor force and real exchange rate influence agricultural productivity positively, while the inflation rate are negatively in Nigeria. Hence it is recommends that the government and policy makers should encourage and assist farmers through agricultural programs and seminar Like (Anchor Borrowers, introducing new yield pest side, insecticide and newly agricultural techniques of production as well as agricultural mechanization) and programs such as operation feed the Nation (OFN), agricultural credit guarantee scheme fund (ACGSF) especially in Rural areas in order to increase more agricultural productivity in Nigeria.

Keywords: Economic Determinants, Agricultural Productivity, Labor forces, Exchange Rate, and Inflation Rate.

I. INTRODUCTION

Economic determinant in Nigeria is essentials for viable agricultural productivity, farmers are particularly in need of such instrument such as (capital labor forces and Real Exchange Rate) for instance record shows that 70% of the total population in Nigeria before political independences they depend on agricultural activities but because of the existed of crude oils and seasonal pattern of the instruments which include climate change inadequate budget to agricultural sector and low agricultural equipment’s the decline in food production will occur due to poor planting materials and the uncertainly they are facing. Consequently, food production profiles in Nigeria has been at lower Rate this lead to a rise in importation of agricultural product, Economic determinant enhance productivity and promotes standard of living of farmers , Numerically even though the agricultural sector in Nigeria contribute 42% of the GDP by providing the employment and a means of livelihood for more than 60% of the productivity engaged population it receives less than 10% of the annual budgetary allocation, thus under finding in this regard in central to decline in agricultural output in Nigeria . as a follows up the Nigerian agricultural development, Bank of agriculture and cooperatives Bank Limited which is mean to provide credits facilities to famers so as to increase more agricultural productivity in Nigeria.

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