THE IMPACT OF AGRICULTURAL DEVELOPMENT ON NIGERIA ECONOMIC GROWTH
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Date
2016-09-08
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Jigawa State Polytechnic Dutse
Abstract
In recent decade, the main and potential contribution of agriculture to economic growth has been a subject of much controversy among development economists. As some content that agriculture development is a pre-condition for industrialization, others strongly object it and argue for a different path. Taking advantage of ordinary least square method (OLS), the research carried out by means of secondary data and using the independent variables. Agricultural Development (AGD). Capital Formation (CFN) Inflation Rate (INF), and Interest Rate (INT) to re_examine the question of whether agriculture could serve as an engine of Economic growth in Nigeria. The result gotten from the empirical analysis shows that the productivity in agricultural sector has appreciably impacted positively on the economic growth in Nigeria.