One of the challenging factors in achieving sustainable growth is the inability of the Nigerian government to diversify the country's revenue base. This study aims to investigate the relationship between cash crop financing and agricultural performance in Nigeria.,Four crops were considered, namely, cotton, cocoa, groundnut and palm oil. The impact of cash crop finance shock on agricultural performance was investigated using the vector error correction model (VECM), while the long-run relationship was examined through the identification of long-run restrictions on the VECM.,The variance decomposition showed that financing shock is more sensitive to cause variation in aggregate employment than aggregate agricultural output in palm oil, while for cocoa, cotton and groundnut showed otherwise. The long-run structural equations exert a positive relationship between cash crop financing and agricultural performance, except for oil palm and cocoa financing that has a negative connection with agrarian employment.,The study is limited to the unavailability of data for agriculture sector capital utilisation, which was not used.,These results show that long-run benefit can be maximised by appropriate funding in cotton and groundnut production to promote sustainable growth.,The study examines the impact of cash crop financing on agricultural performance with the aim to promote sustainable growth in Nigeria using identified VECM.

中文翻译：

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经济作物融资，农业绩效和可持续性：尼日利亚的证据

实现可持续增长的挑战性因素之一是尼日利亚政府无力使该国的收入基础多样化。本研究旨在调查尼日利亚经济作物融资与农业绩效之间的关系。考虑了四种作物，即棉花，可可，花生和棕榈油。使用矢量误差校正模型（VECM）研究了经济作物融资冲击对农业绩效的影响，而通过确定VECM的长期限制，检验了长期关系。方差分解表明，融资冲击对农业总产值变化的影响比对棕榈油中农业总产值的变化更敏感，而对于可可，棉花和花生则相反。