EFFECTS OF AGRO-ALLIED FUNDING AND AGRICULTURAL PRODUCTIVITY IN NIGERIA

ABSTRACT

This study examined the Effect of Agro-allied Funding and Agricultural Productivity in Nigeria. Three research hypothesis were formulated to guide and direct the study which are: (1)There is a significant relationship between Agro Funding and Agricultural productivity in Nigeria.(2)There is no long run relationship between agro allied funding and agricultural productivity in Nigeria.(3)There is no significant relationship between agricultural credit guarantee scheme fund and agricultural productivity in Nigeria. Data for the study was collected from the Central Bank of Nigeria Statistical bulletin. In a bid to answer the research questions, the study employed the ordinary least squares technique.  The study found that commercial banks’ credit and government expenditure on the agricultural sector had a positive and insignificant effect on Agricultural Productivity in Nigeria. However, the study found a positive and significant relationship between agricultural credit guarantee scheme fund and agricultural output. The study recommended that agricultural credit guarantee scheme fund should be properly funded by the Government in order to induce Agricultural Productivity.

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