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The Role Of Agriculture In The Economic Diversification Of The Nigerian Economy: (1980 – 2016), Adamu Hassan Muhammad, Tahir Hussaini Mairiga, Iliya Ayuba Thompson, Usman Ismaeel Bello Dec 2020

The Role Of Agriculture In The Economic Diversification Of The Nigerian Economy: (1980 – 2016), Adamu Hassan Muhammad, Tahir Hussaini Mairiga, Iliya Ayuba Thompson, Usman Ismaeel Bello

Bullion

This study empirically examines the role of agriculture in the diversification of the Nigerian economy, using time series data from 1980–2016. Estimation results using Cointegration and Vector Error Correction Technique indicate that agricultural output has a positive relationship and significant impact with non-oil exports (NOE) and that non-oil revenue has a positive relationship with non-oil exports (NOE). It was recommended that, government should endeavor to increase agricultural productivity by improving its expenditure on the sector so as to enhance the growth of the economy. Government should also increase its non-oil revenue and revive the sector through sufficient budgetary allocation and …


Impacts Of Sudan Macroeconomic Policy On Agriculture, Issam A.W. Mohamed Professor Jul 2011

Impacts Of Sudan Macroeconomic Policy On Agriculture, Issam A.W. Mohamed Professor

Professor Issam A.W. Mohamed

The crisis of Southern Sudan and eminent secession in 9 July 2011 is a nightmare to the Sudanese national economy. The dependence on oil revenue that controlled the country for the past 11 years and negligence of the other real economy's economic sectors, agriculture and industry severely threatens the country. That is not only with diminished returns but with also with economic nightmarish economic catastrophe, famine and internal implosion. Short-sightedness on utilizing the oil money that bubbled the economy atrophied the real economic sectors and disabled it from responding to secession consequences of parting with 75% of revenues from oil …


Wto-Doha Multilateral Trade Negotiations And Agriculture, Professor Issam A.W. Mohamed Jul 2011

Wto-Doha Multilateral Trade Negotiations And Agriculture, Professor Issam A.W. Mohamed

Professor Issam A.W. Mohamed

The Doha Development Round or Doha Development Agenda (DDA) is the current trade-negotiation round of the World Trade Organization (WTO), which launched in November 2001. With the start of this round, non-trade concerns (NTCs) were explicitly renowned and integrated into the negotiation process. Generally, multi-functionality proponents attempt to resist agricultural trade liberalization by giving high support to protect their domestic producers. These are net food importing countries, some small countries with highly protected agricultural sector and large trade deficits in some main outputs and unfavourable agro-climatic conditions. The opponents of the multi-functionality argument all claim to recognize the legitimacy of …


Developments In The Agricultural Sector During The Second Quarter Of 1989, Central Bank Of Nigeria Cbn Jun 1989

Developments In The Agricultural Sector During The Second Quarter Of 1989, Central Bank Of Nigeria Cbn

Economic and Financial Review

There was a renewed optimism during the quarter that substantial growth in output could occur during the year, if the improvement in weather conditions and production environment was sustained. Available data showed that average monthly rainfall during the quarter was 177.53mm, representing a substantial rise over the 15 .4mm of the preceding quarter (which experienced an unusually prolonged dry spell) and about 18.3 per cent over the level of 150.1mm in the corresponding period of 1988. The distribution pattern showed that all the states of the Federation recorded rains during the quarter.


Developments In The Agricultural Sector Of The Economy During The Third Quarter Of 1986, Central Bank Of Nigeria Cbn Sep 1986

Developments In The Agricultural Sector Of The Economy During The Third Quarter Of 1986, Central Bank Of Nigeria Cbn

Economic and Financial Review

Harvesting of grains and tubers was the dominant activity in the agricultural sector in most parts of the country during the third quarter of 1986. In spite of the lower-than-average amounts of rainfall recorded during the first half of the year, a bumper harvest of maize, rice, yams and cassava was reported


The Role Of Agriculture In The Nigerian Economy, A. O.G. Otiti Sep 1978

The Role Of Agriculture In The Nigerian Economy, A. O.G. Otiti

Bullion

Agriculture was the mainstay of the Nigerian economy before the so-called oil boom which has brought about a rapid decline in agricultural production, virtual stagnation in the rural economy, marked movement of population from the rural to urban centres and high cost of food items. The article examines some recent developments in the agricultural sector of the Nigerian economy. It also discusses some of the role of Central Bank of Nigeria in promoting agriculture through adequate funding.