THE IMPACT OF AGRICULTURE, INDUSTRY AND SERVICES SECTORS ON GROSS DOMESTIC PRODUCT IN NIGERIA
Keywords:
Agriculture, Industry, Services, Gross Domestic Product (GDP) and ANOVA modelAbstract
This study analyzed the impact of Agriculture, Industry and Service sector on Gross Domestic Product (GDP) in Nigeria from 1981 to 2019. The study was designed to examine the performance of the activity sectors and to determine its impact to Nigerian’s GDP for the period under study using two-way analysis of variance. This study revealed conclusively that the impacts of the three activity sectors to Nigerian’s GDP from Agriculture, Industry and Services are significantly different. It is recommended that the Nigerian government should come up with a strategic master plan to diversify the economy using the agriculture, industry and service sectors since the Nigerian economy from our analysis is grossly dependent on the impact of Services to GDP.References
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