International Journal of Business, Economics and Management 2312-5772 2312-0916 10.18488/journal.62.2017.42.38.43 International Journal of Business, Economics and Management The Link Between Agricultural Budgetary Allocation and Economic Growth in Nigeria International Journal of Business, Economics and Management International Journal of Business, Economics and Management 02-2017 2017 02-2017 02-2017 4 2 38 43 23 Jan 2017 19 Apr 2017 This study investigates the nexus between Agricultural budgetary allocation and Economic Growth in Nigeria by employing simple regression analysis and a further test of cointegration and vector error correction model to determine short run dynamic behaviour of the variable. The result of the study revealed that there is positive relationship between Agricultural budgetary allocation and Economic Growth in the long run. It was also observed that since the Agricultural budgetary allocation and Economic Growth are positively related. This relationship is significant over the two years lagged value of budgetary allocation to Agriculture. And by implication, the government has to stand aloof by increasing expenditure on agriculture because agricultural sector plays a vital role towards the National Transformation in Nigeria.<br>