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Abstract:
This paper examines Agricultural Development and employment generation with particular reference to Nigeria. The paper acknowledged the important role agriculture plays in developing countries such as Nigeria not only in employment generation but also for overall economic growth. It showcases the agriculture sector as the most critical and basic sector that has significant potentials for the transformation of the Nigerian economy. Employment was seen as one of the basic problems confronting the economy of Nigeria, therefore, this paper resort to finding the contribution of the earlier mainstay of the economy to employment generation in Nigeria. To achieve this objective the Error Correction and Granger Causality test was employed to analyse the contribution of agricultural sector alongside other explanatory variables such as gross domestic product, foreign private capital, federal government expenditure and industrial on employment generation in Nigeria. The study also provides the overview of agricultural development in Nigeria and also provides a framework for understanding the agricultural sector in relation to the strategies employed by government to develop the sector. However, the result of the study revealed that agricultural sector and other explanatory variables contribute significantly to employment generation in Nigeria. There, to reduce the increasing unemployment in Nigeria, government should intensify effort in improving the agricultural sector that could serve as feedback mechanism in providing raw materials for industrial purposes.
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