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Food Price Inflation and Agricultural Sector Performance in Nigeria

Food price inflation is a very important macroeconomic variable because everyone in the economy is affected by the experience of a shock. Of particular importance therefore is the effect of food price inflation on the Nigerian agricultural sector. The study hinges on the endogenous growth theory, which emphasizes the need for an economy to grow from within. Data was sourced from Ha, et al. (2021) and World Development Indicators (2025). This study ascertained the nature and strength of the link between food price inflation and the Nigerian agricultural sector output and exports. Correlation an…

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