A Comparative Analysis of the Contributions of the Agricultural Sector and the Industrial Sector towards the Development/Growth of the Nigerian Economy

A Comparative Analysis of the Contributions of the Agricultural Sector and the Industrial Sector towards the Development/Growth of the Nigerian Economy

Okoli Christian O.

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Nwosu Dozie Felix

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Ajibade Bright F.

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Ogbumuo Dennis T.

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Osuji George A.

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α Chukwuemeka Odumegwu Ojukwu University

A Comparative Analysis of the Contributions of the Agricultural Sector and the Industrial Sector towards the Development/Growth of the Nigerian Economy

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Abstract

The comparison of the contribution of agricultural sector and industrial sector towards the development/growths in the Nigerian economy between 2005-2014 were determined using Hoteling T-distribution procedure. The data were collected from National Population Bureau of Statistics (NBS) and two populations were studied, namely agricultural sector and industrial sector. Under these two populations, four samples were selected from each population. For agricultural sector, the samples selected were crop production, livestock, forestry and fishing. For industrial sector, the samples selected were quarrying and other minerals, oil refining, cement and other manufacturing. The analysis shows that both sectors contribute to the development/growth of the Nigerian economy and the hypothesis were tested to know their level of contribution towards the growth/development of the Nigerian economy, which also shows that agricultural sector, contributes more to the economy than the industrial sector.

References

7 Cites in Article

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Funding

No external funding was declared for this work.

Conflict of Interest

The authors declare no conflict of interest.

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No ethics committee approval was required for this article type.

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Not applicable for this article.

How to Cite This Article

Okoli Christian O.. 2015. \u201cA Comparative Analysis of the Contributions of the Agricultural Sector and the Industrial Sector towards the Development/Growth of the Nigerian Economy\u201d. Global Journal of Science Frontier Research - F: Mathematics & Decision GJSFR-F Volume 15 (GJSFR Volume 15 Issue F4): .

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GJSFR Volume 15 Issue F4
Pg. 29- 34

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Journal Specifications

Crossref Journal DOI 10.17406/GJSFR

Print ISSN 0975-5896

e-ISSN 2249-4626

Keywords

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Classification

GJSFR-F Classification: MSC 2010: 03F60

Submission ReceivedMarch 15, 2015
Peer Review Double Blind
Handling Editor
Accepted April 11, 2015
Published April 25, 2015

Version of record

v1.2

Issue date

June 4, 2015

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Article Matrices

Total Score: 104

Country: Nigeria

Subject: Global Journal of Science Frontier Research - F: Mathematics & Decision

Authors: Nwosu Dozie Felix, Ajibade Bright F., Ogbumuo Dennis T., Osuji George A. (PhD/Dr. count: 0)

View Count (all-time): 188

Total Views (Real + Logic): 4377

Total Downloads (simulated): 2238

Publish Date: 2015 06, Thu

Monthly Totals (Real + Logic):

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Total Views: 4377

Total Downloads: 2238

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