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. 4 2024
DOI: 10.56201/ijefm.v9.no4.2024.pg142.157

---

Effect of Insecurity on Agriculture Sector Performance in Nigeria

Confidence Chinyere Amadi-Robert , Tonye ThankGod , King Sunday Agbagwa & Chibueze Samuel Chukwuemeka

---

Abstract

This study investigated the effect of insecurity on agriculture sector performance from 1990 to 2021. Analytical data for the study were obtained from Central Bank of Nigeria (CBN), World Banks World Development Indicators, (WDI) and National Bureau of Statistics (NBS) 2022. Augmented Dickey Fuller unit root method was used to determine if the variables were stationary. Consequently, some variables were stationary at order zero [I(0)] and others became stationary at order one [I(1)]. In light of this circumstance, the Auto-Regressive Distributive Lag (ARDL) Model was used in the research. Result from the ARDL bound test indicated that there is a long- run relationship between insecurity and agriculture sector performance on the evidence of the F- Statistic. Empirical result from the ARDL analysis found that kidnaping rate and armed forces personnel expenditure had a positive and significant effect on agriculture sector contribution to gross domestic product in the long-run. However, armed robbery rate and military expenditure had a detrimental effect on agriculture sector contribution to gross domestic product in the short- run. Hence, it was concluded that insecurity had a significant effect on agriculture sector performance in Nigeria. It was recommended amongst others that federal government through the ministry of defense should initiate new device on how to tackle kidnappers and eliminate the menace completely. This will help restore farmers and investors’ confidence.

keywords:

Kidnaping Rate, Arm Robbery Rate, Military Expenditure, Armed Forces Personnel

---

References:

Amadi-Robert C. C., &Thankgod, T, (2023). Effect of interest and poverty rates on agricultural
sector productivity in Nigeria. International Journal of Advanced Research and Learning,
2(4), 114-132.
Adebisi, S S., O.O Azeez, & Oyedeji, R (2017). Appraising the effect of boko haram insurgency
on the agricultural sector of nigerian business environment. Journal of Law and
Governance, 11 (1), 14-25.
Adewusi, O. A. & Jibril, K. (2022). Impact of Boko-Haram insurgency on agriculture in Adamawa
State, International Journal of Education and Social Science Research,5 (5), 209-223.
Bashir, U. F. & Mustapha, M. A. (2022). An assessment of the impact of armed banditry and
kidnapping on the nutrition status of the under-five children in Katsina State, Nigeria.
European Modern Studies Journal, 6(3).523-539.
Thankgod, T & Nwikina, C. G. (2024). Bank operations, insecurity and agricultural sector
productivity in Nigeria. Journal of Economics and Contemporary Policies, 1(1), 78-93.
Ilesanmi, O. & Odefadehan, T. C. (2022). The impact of insecurity on agricultural food loss in
Nigeria. Caleb Journal of Social and Management Science, 7(1), 78-92.
Odunsi-Oyewole, O. A. (2022). Impact of insurgency on agricultural sector in Nigeria.
International Journal of Research in Education and Sustainable Development, 2(1), 37-47
Ojo, M. A., Usman, M. A., Mohammed, U. S., Ojo, A. O. & Oseghale, A. I (2018). Effect of
insurgency on food crop farmers’ productivity in Borno and Gombe States, Nigeria. Ife
Journal of Agriculture, 30(3), 43-55.
Okonkwo, R. I., Ndubuisi, O. P., & Anigbogu, I. (2015). Security challenges and the implications
for business activities in Nigeria: A critical review. Journal of Policy and Development
Studies, 9 (2), 108 - 126.
Otuisi, L. E. B., Ogisi, D. & Emaziye, P. O. (2023). Effects of kidnapping and theft on output of
arable crops among households in the Niger Delta Region, Nigeria, 19(6), 1787 – 1797.
Solomon, E., Edet, O. G., & Kyari, I. U. (2019). Econometrics analysis of impact of insecurity on
agricultural growth and transformation in Nigeria (1960 – 2017). Direct Research Journal
of Agriculture and Food Science, 7(9), 264-270. (9), pp.264-270
Yusuf , G. Akpansung, O. A., & Baranzi, M. (2018). Effect of insurgency on agricultural outputs
in Biu Local Government Area of Borno State. International Journal of Social Science and
Humanities Research, 6(4), 1199-1210.

DOWNLOAD PDF

---

Back