AGRICULTURAL GROSS DOMESTIC PRODUCT (GDP) AND ECONOMIC GROWTH IN NIGERIA

P.O. IDISI, I.J OGWU, E. D.OLADIMEJI

Abstract: One of the sector that is regarded as part of the contributors to the growth of the overall economy of Nigeria is the Agricultural sector. This is despite the low yields, inputs and lack of adequate full attention on the sector by the government in time past as a result of oil sector being the major area of interest of the government. This study aimed at examining the impact of Gross Domestic Product (GDP) on economic growth in Nigeria.

Secondary source of data was employed of Gross Domestic Product (GDP) for the period of 2008-2018. It was revealed that agricultural sector has the potential of contributing positively to the overall Gross Domestic Product, there by leading to economic growth in Nigeria. This paper also shows that agricultural sector in today’s economy of Nigeria has taken back its position of being a key sector of the economy that it use to be before the drastic shift from Agriculture to focusing on oil sector as the determinant of the growth Gross Domestic Product (GDP) level in Nigeria.

Keywords: Gross Domestic Product (GDP), Economy, Growth, Agriculture, Sector.

Title: AGRICULTURAL GROSS DOMESTIC PRODUCT (GDP) AND ECONOMIC GROWTH IN NIGERIA

Author: P.O. IDISI, I.J OGWU, E. D.OLADIMEJI

International Journal of Management and Commerce Innovations 

ISSN 2348-7585 (Online)

Research Publish Journals

Vol. 6, Issue 2, October 2018 – March 2019

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AGRICULTURAL GROSS DOMESTIC PRODUCT (GDP) AND ECONOMIC GROWTH IN NIGERIA by P.O. IDISI, I.J OGWU, E. D.OLADIMEJI