The nexus between agricultural output and poverty reduction in Nigeria
DOI:
https://doi.org/10.33003/fujafr-2026.v4i2.317.10-20Keywords:
Poverty, Agricultural output, Unemployment, Co-integrationAbstract
Purpose: This study examines the investment in agriculture and poverty reduction in Nigeria over the period 1990–2024. Specifically, the study analyzes the relationship between investment in agricultural —livestock, fishery, and forestry and poverty reduction in Nigeria.
Methodology: The study employed the ex-post facto research design, using secondary data extracted from the NBS and the CBN, the study employs the Phillips–Perron unit root test, Johansen co-integration technique, ECM, and OLS estimation.
Results and conclusion: The generated empirical findings established the presence of a long-run relationship among the variables. However, short-run and parsimonious estimates indicate that agricultural sub-sectors exert largely insignificant effects on poverty reduction during the period under review, although the ECM is correctly signed and significant, suggesting gradual adjustment to long-run equilibrium. The study concludes that structural constraints, insecurity, and inadequate sector investment may be responsible for this outcome.
Implication of findings: The findings imply that increases in agricultural investment have not transformed into meaningful poverty reduction in Nigeria.
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