Abstract
The study is an appraisal of Boko Haram’s insurgency on the agricultural sector of the Nigerian business environment. A time series analysis research method was adopted, while descriptive statistics and t-test were used to analyse the secondary data before and during the insurgency. The result of the findings showed that agricultural valued added to the GDP was high before Boko Haram disruption and has reduced during the period of insurgency. Based on the findings, the study recommends that Government should take legal and justifiable action to ensure that the ills caused by Boko Haram to the agricultural sector are arrested and farmers encouraged with better incentives to go back to farm.
Highlights
Agriculture in Nigeria is the most important sector of the economy from the standpoint of rural employment, sufficiency in food and fibre, and export earning prior to the discovery of oil (Towobola, et al 2014)
Data were obtained from World Bank showing Nigerian agricultural value added percentage of GDP from 1994 to 2013 a period of twenty (20) years in order to determine the extent of agricultural contributions to Gross Domestic Product (GDP)
Descriptive statistics and T-Test were used in analyzing the data collected. This is with a view to enabling the researchers to obtain the effect of Boko Haram insurgency on the agricultural sector of the Nigerian business environment
Summary
Agriculture in Nigeria is the most important sector of the economy from the standpoint of rural employment, sufficiency in food and fibre, and export earning prior to the discovery of oil (Towobola, et al 2014). There was sustained emphasis on agriculture such that Nigeria was a major exporter of agricultural products like palm produce, cocoa, groundnut, cotton and rubber. In addition to these cash crops, the national agricultural system produced enough food crops such as yam, cassava, maize, millet, sorghum and soya beans so that there was practically no need for food importation. According to Akinwumi (2014), in the 1960s, before the discovery of oil, Nigeria was known to be a major agricultural producer in the world. The country which was known to produce 65% of tomatoes in West Africa has become the leading importer of tomato paste
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