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INTERNATIONAL JOURNAL OF NOVEL RESEARCH AND DEVELOPMENT International Peer Reviewed & Refereed Journals, Open Access Journal ISSN Approved Journal No: 2456-4184 | Impact factor: 8.76 | ESTD Year: 2016 Scholarly open access journals, Peer-reviewed, and Refereed Journals, Impact factor 8.76 (Calculate by google scholar and Semantic Scholar | AI-Powered Research Tool) , Multidisciplinary, Monthly, Indexing in all major database & Metadata, Citation Generator, Digital Object Identifier(DOI) |
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| Paper Title: | INSTITUTIONAL FUNDING OF AGRICUCTURAL SECTOR AND ECONOMIC GROWTH IN NIGERIA (1981-2021) |
| Authors Name: | Adeniji Quadri Tunde , Rasaki Olufemi Kareem , Abdulqodir Babtunde Taiwo , Jubril Olalekan Ojurongbe , Lukmon Olawale Ashiru |
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| Author Reg. ID: |
IJNRD_201736
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| Published Paper Id: | IJNRD2310017 |
| Published In: | Volume 8 Issue 10, October-2023 |
| DOI: | |
| Abstract: | The study examine the effect of institutional funding of agricultural sector on economic growth in Nigeria. The study adopted Secondary data extracted from the Central Bank of Nigeria statistical bulletin which spanned from 1981-2021. The study adopted the unrestricted Vector Autoregressive technique to examine the variables. . The findings showed that there is no long run relationship between institutional funding of agricultural sector and economic growth within the period under study in Nigeria. However, funds from Agricultural Credit Guarantee Scheme has significant effect on economic growth while the commercial banks’ loan to agriculture sector and Federal government expenditure to agriculture sector were insignificant to economic growth in Nigeria within the period under study. The study concluded that economic growth is influenced significantly by institutional funding of agriculture sector in Nigeria. The study therefore suggested that concerted efforts should be made by policy makers to make funds available to farmers through the farmers’ union/associations in other to make commercial farming more productive and stimulate economic growth in Nigeria. |
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| Cite Article: | "INSTITUTIONAL FUNDING OF AGRICUCTURAL SECTOR AND ECONOMIC GROWTH IN NIGERIA (1981-2021)", International Journal of Novel Research and Development (www.ijnrd.org), ISSN:2456-4184, Vol.8, Issue 10, page no.a121-a129, October-2023, Available :http://www.ijnrd.org/papers/IJNRD2310017.pdf |
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| ISSN: |
2456-4184 | IMPACT FACTOR: 8.76 Calculated By Google Scholar| ESTD YEAR: 2016 An International Scholarly Open Access Journal, Peer-Reviewed, Refereed Journal Impact Factor 8.76 Calculate by Google Scholar and Semantic Scholar | AI-Powered Research Tool, Multidisciplinary, Monthly, Multilanguage Journal Indexing in All Major Database & Metadata, Citation Generator |
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Published Paper ID:IJNRD2310017 Registration ID: 201736 Published In: Volume 8 Issue 10, October-2023 DOI (Digital Object Identifier): Page No: a121-a129 Country: Abeokuta, Ogun state, Nigeria Research Area: Social Science and Humanities Publisher : IJ Publication Published Paper URL : https://www.ijnrd.org/viewpaperforall?paper=IJNRD2310017 Published Paper PDF: https://www.ijnrd.org/papers/IJNRD2310017 |
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ISSN: 2456-4184
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