Analysis of Agricultural Public Expenditures in Nigeria: Examination at the Federal, State, and Local Government Levels

132 Pages Posted: 6 Jan 2015

See all articles by Aderibigbe Stephen Olomola

Aderibigbe Stephen Olomola

International Food Policy Research Institute (IFPRI)

Tewodaj Mogues

International Food Policy Research Institute (IFPRI)

Tolulope Olofinbiyi

International Food Policy Research Institute (IFPRI)

Chinedum Nwoko

Pol icy Associates, Abuja, Nigeria

Edet Udoh

University of Uyo (UNIUYO) - Department of Agricultural Economics and Extension

Reuben Adeolu Alabi

Ambrose Alli University

Justice Onu

Federal University of Technology, Owerri - Department of Agricultural Economics and Extension

Sileshi Woldeyohannes

International Food Policy Research Institute (IFPRI)

Date Written: December 10, 2014

Abstract

The level of public spending on agriculture in Nigeria remains low regardless of the indicator used. Agricultural spending as a share of total federal spending averaged 4.6 percent between 2008 and 2012 and has been trending downward precipitously. In contrast, Nigeria recorded an annual average agricultural growth rate of more than 6 percent between 2003 and 2010, and agricultural gross domestic product followed an increasing trend between 2008 and 2012. Budgetary allocation to agriculture compared with other key sectors is also low despite the sector’s role in the fight against poverty, hunger, and unemployment and in the pursuit of economic development. Public investment has been stifled by the lopsided manner in which national revenue is being allocated among the three tiers of government that have responsibility for agricultural development.

Keywords: Nigeria, West Africa, Africa south of Sahara, Africa, Agriculture, Public Expenditure, Agricultural Policies

Suggested Citation

Olomola, Aderibigbe Stephen and Mogues, Tewodaj and Olofinbiyi, Tolulope and Nwoko, Chinedum and Udoh, Edet and Alabi, Reuben Adeolu and Onu, Justice and Woldeyohannes, Sileshi, Analysis of Agricultural Public Expenditures in Nigeria: Examination at the Federal, State, and Local Government Levels (December 10, 2014). IFPRI Discussion Paper 01395, Available at SSRN: https://ssrn.com/abstract=2539680

Aderibigbe Stephen Olomola (Contact Author)

International Food Policy Research Institute (IFPRI) ( email )

2033 K Street, NW |
Washington, DC 20006-1002
Washington, DC, DC
United States

Tewodaj Mogues

International Food Policy Research Institute (IFPRI) ( email )

1201 Eye St, NW,
Washington, DC 20005
United States

Tolulope Olofinbiyi

International Food Policy Research Institute (IFPRI) ( email )

1201 Eye St, NW,
Washington, DC 20005
United States

Chinedum Nwoko

Pol icy Associates, Abuja, Nigeria ( email )

Abuja
Nigeria

Edet Udoh

University of Uyo (UNIUYO) - Department of Agricultural Economics and Extension ( email )

Ikpa Road
P.M.B. 1017
Uyo, Akwa Ibom State 1234
Nigeria

Reuben Adeolu Alabi

Ambrose Alli University ( email )

PMB 14 Ekpoma
Ekpoma, 310001
Nigeria

Justice Onu

Federal University of Technology, Owerri - Department of Agricultural Economics and Extension ( email )

P.M.B. 2076
Yola, Adamawa State
Nigeria

Sileshi Woldeyohannes

International Food Policy Research Institute (IFPRI) ( email )

1201 Eye St, NW,
Washington, DC 20005
United States

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