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This study investigates the impact of agricultural financing and agricultural output growth on
employment generation in Nigeria from 1981 to 2017. The study adopts the framework of the Auto
Regressive Distributed Lag (ARDL) Model for analysis. The empirical results show that while
agricultural financing increases employment generation in both the short run and long run, the
lag of agricultural output growth increases employment generation mainly in the short run. Other
variables found to have significant effect on employment generation were price and agricultural
output while labor force population, wages and aggregate expenditure were insignificant. The
study concludes that policy makers should endeavor to see that every fund allocated for a
specific agricultural schemes and interventions should be fully utilized for its purpose. To increase
employment opportunities, there should be careful monitoring of the implementation of each
scheme and policy to realize their specific objectives.
