IIARD International Institute of Academic Research and Development

INTERNATIONAL JOURNAL OF ECONOMICS AND FINANCIAL MANAGEMENT (IJEFM )

E-ISSN 2545-5966
P-ISSN 2695-1932
VOL. 9 NO. 3 2024
DOI: https://doi.org/10.56201/ijefm.v9.no3.2024.pg104.116

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Effect of Financial Development on Agricultural Growth in Nigeria: (1981-2022)

Ejinkonye, Remigius Chinwoke, Nwali, Tiben Benz, Nwosu, Samuel N., Akiegbeme, Muhammad Isah, Momoh, Danjuma Yakub

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Abstract

This study examined the effect of financial development on agricultural growth in Nigeria covering the period 1981 to 2022.

keywords:

Financial development, private sector credit, money supply, prime lending, agricultural output

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References:

Ayeomoni, I. O., & Aladejana, S. A. (2016). Agricultural credit and economic growth nexus.
Evidence from Nigeria. International Journal of Academic Research in Accounting,
Finance and Management Sciences, 6(2), 146-158.

Beckman, J., & Countryman, A.M. (2021). The importance of agriculture in the economy: Impacts
from COVID-19. American Journal of Agricultural Economics, 103 (5), pp. 1595-1611
CBN (2022). Central Bank of Nigeria Statistical Bulletin. www.cenbank.org

Egwu, P. N. (2016). Impact of agricultural financing on agricultural output, economic growth and
poverty alleviation in Nigeria. Journal of Biology, Agriculture and Healthcare, 6(2), 36-
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