Agricultural Inputs And Agricultural Productivity In Nigeria

Abstract

The study investigated effect of agricultural inputs on agricultural productivity in Nigeria for the period 1981 – 2021.  It seeks to ascertain the effect of agricultural inputs on agricultural productivity in Nigeria and whether there is a sustainable long run relationship between agricultural inputs and agricultural productivity in Nigeria.  The Ordinary Least Square (OLS) estimation technique was used for estimation, time series data were obtained from Central Bank of Nigeria (CBN) and National Bureau of Statistics (NBS). Results showed that agricultural inputs had a significant effect on agricultural productivity at 5% level of significance while the Johansen co-integration test indicated a long run relationship between Agricultural Productivity (AGOUT), Agricultural Credit Guarantee Scheme Fund (ACGSF), Commercial Banks’ Loans and Advances to Agricultural Sector (CBLAAS) and Total Rainfall (RNFL). Based on the above findings, the study recommended among others that there is need to increase agricultural credit guarantee scheme fund as it has effect on agricultural productivity and to sustain commercial banks loans and advances to agricultural sector as it has a significant effect on agricultural productivity in Nigeria.