By Usman, Francis Robert
Capital flight, a term used to refer to the leakages of financial resources from an economy pose a serious problem in Sub Saharan economies as it impacted negatively on capital scarce countries such as Nigeria. This study empirically examined the impact of capital fight on agricultural growth in Nigeria using ordinary least square technique for the period 1970 -2013. The data generated were analyzed using Unit root test, co integration test, regression analysis and F statistic. The study found negative and insignificant relationship(P>0.05) between total capital flight and agricultural growth; meaning that capital flight had no direct impact on agricultural growth or the impact on agricultural growth was shadowed by the other macroeconomic variables in the system. Also, the stock of gross external debt (EXD) variable showed positive and statistically significant relationship (P