IIARD International Institute of Academic Research and Development

International Journal of Agriculture and Earth Science (IJAES )

E- ISSN 2489-0081
P- ISSN 2695-1894
VOL. 10 NO. 9 2024
DOI: 10.56201/ijaes.v10.no9.2024.pg66.74

---

An Econometric Analysis of the Effect of Agricultural Funding on Maize Output in Nigeria (1999 -2020)

Ben-Elijah, I. A. & Chukuigwe, E. C.

---

Abstract

This study determined the influence of agricultural funding on Maize output in Nigeria within the period 1999-2020. The study adopted ex-post factor research design and relied on time series data. Pre and post -estimation diagnostics tests were adopted to check for reliability of the data used. The regression results showed that Public capital expenditure to agriculture (PCEXPA) (21.93377) has a positive and significant influence on maize production (MAZPD) for the period under study. The study concluded that the agricultural funding schemes have not been properly maximized to boost maize production and sustainability, and recommended that all the funding’s to agriculture selected in this study, with respect to maize production should be reviewed and properly channeled so as to increase the output of maize in the country.

keywords:

Agric. Funding, Cereal Crops, Maize

---

References:

Briones, R.M. (2013). Agriculture, Rural Employment and Inclusive Growth, Philippine Institute
for Development Studies Discussion Paper Series NO. 2013-39.
Falola, A., Achem, B. A., Oloyede, W. O. & Olawuyi, G. O. (2017). Determinants of commercial

production of wheat in Nigeria: A case study of Bakura local government area,
Zamfara
state. Trakia J. Sci. 4. 397-404. ISSN 1313-3551. Available online at:
http://www.uni-sz.bg
Mogues, T., Morris, M., Freinkman, L., Adubi, A., Ehui, S., Nwoko, C., Taiwo, O., Nege, C.,
Okonji, P. & Chete, L. (2008). Agricultural Public Spending in Nigeria. IFPRI Discussion
Paper 00789, 1 – 108.
Ochigbo, F. (2012). ‘Nigeria’s Agriculture Budget under 10%’. The Nation Newspaper, Nigeria.
Okidim, I.A. & Eze, C.C. (2018). Stabilization policy measures and its effects on demand for farm
credit in Nigeria: A case of agricultural credit guaranteed scheme funds (ACCGSF) (1983-
2014). Futo Journal Series (FUTOJNL) 4(1): 25-35.
Tasie, C. M. (2013). Effects of International Fund for Agricultural Development (IFAD) credit
supply on rural farmers in Rivers State, Nigeria. Journal of Development and Agricultural
Economics, 5(5),186-191.

DOWNLOAD PDF

---

Back