| Summary: | The dynamics of stabilization policies and the effects of investment on agricultural output in Nigeria were explored in this study. (1981-2019). The study specifically looked at the impact of investment, monetary policy, policy mix, and fiscal policy on agricultural output. World Development Indicators (WDI), Index mundi, and Macrotrends were used as sources for the annual time series data on the research variables for the period 1981–2019. The Autoregressive Distributed Lagged Model was used in the investigation. The unit root test revealed in the pre-diagnostic tests that the variables were 1(0) and I.(1). The ARDL Bound test for co-integration revealed that the variables related to fiscal, monetary, and policy mix had long-run co-integrating relationships while the variables related to investment had none. Additionally, empirical findings indicated that, in the short term, only government agricultural expenditure (P = 0.0007 < 0.05) as a fiscal policy variable affected agricultural output. Exchange rate (P = 0.0000 < 0.05) and inflation rate (P = 0.0000 < 0.05) as monetary policy variables significantly effected agricultural output. All policy mix variables significantly effected agricultural output in the short run. However, only private domestic investment (P = 0.0322< 0.05) as an investment variable significantly effected agricultural output.
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