Impact of Insecurity on Agricultural Sector Product in Nigeria

Using the Ordinary Least Square (OLS), this study analyzes the impact of insecurity on agricultural sector product in Nigeria. Employing time series data from the World Bank, the Central Bank of Nigeria and the National Bureau of Statistics from 2010 to 2023, the study reveals that terrorism has negative impact on agricultural output in Nigeria. In order to mitigate the effect of insecurity, this study recommends some strategies which include the provision of employment, literacy, reduction in poverty, and cross-cultural integration, among others. Furthermore, all the tiers of government should embrace dialogue which is a veritable tool in promoting peace in every region in the country. Keywords: Ordinary Least Squares (OLS), terrorism, Economic growth JEL Code: C13, H56, O40 DOI : 10.7176/JESD/15-7-02 Publication date : September 30th 2024

Publication Details

Journal
Journals & Books Hosting (International Knowledge Sharing Platform)
Published
2024-10-07
Primary Topic
Agricultural risk and resilience
Type
article
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article

Impact of Insecurity on Agricultural Sector Product in Nigeria

Journals & Books Hosting (International Knowledge Sharing Platform)
Agricultural risk and resilience
article

Impact of Insecurity on Agricultural Sector Product in Nigeria

article en

Abstract

Using the Ordinary Least Square (OLS), this study analyzes the impact of insecurity on agricultural sector product in Nigeria. Employing time series data from the World Bank, the Central Bank of Nigeria and the National Bureau of Statistics from 2010 to 2023, the study reveals that terrorism has negative impact on agricultural output in Nigeria. In order to mitigate the effect of insecurity, this study recommends some strategies which include the provision of employment, literacy, reduction in poverty, and cross-cultural integration, among others. Furthermore, all the tiers of government should embrace dialogue which is a veritable tool in promoting peace in every region in the country. Keywords: Ordinary Least Squares (OLS), terrorism, Economic growth JEL Code: C13, H56, O40 DOI : 10.7176/JESD/15-7-02 Publication date : September 30th 2024

Journals & Books Hosting (International Knowledge Sharing Platform)
Quality Education
Openalex Percentile: Top 44%
Agricultural risk and resilience
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Impact of Insecurity on Agricultural Sector Product in Nigeria · Journals & Books Hosting (International Knowledge Sharing Platform) (2024) | TGRS Research Map | TGRS