Agricultural export and inclusive growth in Nigeria

The study examined agricultural exports and inclusive growth in Nigeria from 2010 to 2024. The objectives of the study are to; examine the effect of cocoa beans export; sesame seed exports; and cashew seed export on per capita gross domestic product (GDPp). Annual data were collected from United Nations’ Commercial Trade Statistics and the Central Bank of Nigeria (CBN) statistical bulletin. The technique of ordinary least square (OLS) multiple regression was used to determine the relationship between the dependent variable (GDP per capita) and the independent variables (cocoa beans export, sesame seed export and cashew seed export). Based on the OLS results; export of cocoa bean and sesame seed have positive effect on inclusive growth (per capita GDP). While export of cashew seed has negative but significant impact on inclusive growth. Based on the findings, it was recommended amongst others that, various products of agriculture required for exports should be given urgent developmental attention in terms of provision of energy and good roads because of their advantage of their immediate returns to the growth of the economy.

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Publication Details

Journal
Zenodo (CERN European Organization for Nuclear Research)
Published
2025-12-31
DOI
https://doi.org/10.5281/zenodo.18397567
Primary Topic
Economic Growth and Development
Type
article
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article

Agricultural export and inclusive growth in Nigeria

ADEYEMI John Olarewaju, AYOOLA Babatunde Festus, EFOBIRI Emeka Callistus
Zenodo (CERN European Organization for Nuclear Research)
Economic Growth and Development
article

Agricultural export and inclusive growth in Nigeria

ADEYEMI John Olarewaju, AYOOLA Babatunde Festus, EFOBIRI Emeka Callistus
article en

Abstract

The study examined agricultural exports and inclusive growth in Nigeria from 2010 to 2024. The objectives of the study are to; examine the effect of cocoa beans export; sesame seed exports; and cashew seed export on per capita gross domestic product (GDPp). Annual data were collected from United Nations’ Commercial Trade Statistics and the Central Bank of Nigeria (CBN) statistical bulletin. The technique of ordinary least square (OLS) multiple regression was used to determine the relationship between the dependent variable (GDP per capita) and the independent variables (cocoa beans export, sesame seed export and cashew seed export). Based on the OLS results; export of cocoa bean and sesame seed have positive effect on inclusive growth (per capita GDP). While export of cashew seed has negative but significant impact on inclusive growth. Based on the findings, it was recommended amongst others that, various products of agriculture required for exports should be given urgent developmental attention in terms of provision of energy and good roads because of their advantage of their immediate returns to the growth of the economy.

Zenodo (CERN European Organization for Nuclear Research)
University of Port Harcourt (NG), Rivers State University (NG)
Openalex Percentile: Top 17%
Economic Growth and Development
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Agricultural export and inclusive growth in Nigeria — ADEYEMI John Olarewaju, AYOOLA Babatunde Festus, et al. · Zenodo (CERN European Organization for Nuclear Research) (2025) | TGRS Research Map | TGRS