ASSESSMENT OF RAINFALL VARIABILITY AND SUSTAINABLE ECONOMIC GROWTH IN OSUN STATE, NIGERIA

Abstract

Abstract
There are dynamics in the world climate shown by the inconsistencies of its element. Rainfall is one
of the elements that is crucial in sustainable economic growth and development. Rainfall is a major
factor of consideration in the economic activities of the State. The study assessed rainfall variability
and its impact on sustainable economic growth in Osun State, Nigeria. Data for the study were from
secondary sources. The rainfall data were from the Nigeria Meteorological Agency (Nimet) and the
Gross Domestic Data (GDP) was from the National Bureau of Statistics. The study used descriptive
and inferential statistical approaches to examine the relationship between rainfall patterns and Gross
Domestic Product (GDP) within a specific range of years. Randomized data is used to carry out the
analysis, ensuring unbiased and objective results. The findings provided empirical facts with a
correlation value of (0.2212) on the potential implications of rainfall variability in the state's
sustainable economic growth. Recommendations made for policymakers and stakeholders.

Keywords: GDP, Economic Growth, Rainfall, Sustainability, and Variability