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Abstract
The contribution of the oil and agricultural sectors to the Gross Domestic Product (GDP) of Nigeria is important and of significant interest. Understanding the contributions of these sectors can provide valuable insight into the overall economic performance and development of the country. The aim of this paper is to fit a regression model that will predict future GDP growth in Nigeria. It will help determine the extent to which each sector influence the overall economic growth in Nigeria. The statistical tool employed include the multiple regression analysis and the reliability of the model was tested using ANOVA test for joint significance and t- test for individual significance of the parameters of the model. It was revealed that both the oil and agricultural sectors contributes significantly to GDP growth. The oil sector has traditionally been the main driver of economic growth in Nigeria, while the agricultural sector plays a critical role in providing employment and food security. Attention should be given to both sectors in the economy to promote sustainable economic growth and contribution to the GDP of Nigeria. This analysis helps policymakers, researchers, and stakeholders make informed decisions regarding resource allocation, investment strategies and economic diversification.