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Connection between Government Agricultural Spending and Agricultural Sector Growth in Nigeria: An Autoreegressive Distributed Lag (ARDL) Approach

This study empirically evaluates the connection between government expenditure and agricultural growth in Nigeria from 1986 to 2024. The chosen secondary time series data were extracted from the Central Bank of Nigeria (CBN) and the World Bank Development Indicators (WDI) Database, 2024 editions. Agricultural value added (measure of agricultural sector annual contribution to GDP) (the dependent variable) was regressed as a function of aggregate government expenditure on agriculture, total number of manpower employed in the agricultural sector, gross fixed capital formation, carbon emission, fe…

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