Consumption plays a significant role in determining the size of the multiplier and the dynamic effects of the economy shock. It also constitutes the largest component of the aggregate expenditure of an economy. As a result, economists have propounded theories in a bid to explain the determinants...

Agriculture used to be the mainstay of the Nigerian economy contributing over 70 percent to the country's total output and accounts for over 90 percent of total food consumption. However, the performance of the sector has drastically deteriorated since the discovery of crude oil in 1956. The...