There are series of activities that are involved in the process of agricultural production starting from inputs required for the production of agricultural products to when products get to the final consumers. A value chain represents a coordinated sequence of interconnected activities that collectively contribute to enhancing the worth of a product or service. Agribusiness activities contribute significantly to the sustainability of human life. It covers activities that begin from input production stage to a stage that ends with distribution of agricultural output to end users. Development of a vibrant value chain in agriculture is essential to ensure greater productivity and sustainable economic growth with a vibrant Gross Domestic product (GDP). However, development of a vibrant value chain in agriculture is hindered by numerous challenges which may include: paucity of funds, poorly implemented policies illiteracy, inadequate technology, insecurity, infrastructure deficit, unfavorable climatic conditions etc. This article focuses majorly on the evaluation of agriculture related value chain development on productivity and economic growth of Nigeria and factors affecting value chain actors of agribusiness and some of the inventions to ameliorate them. The study involved the use of quantitative research method and data generated were analyzed through descriptive statistics. The study engaged 100 respondents as the sample size. Finding from the study revealed that development of value chain in agriculture significantly contributes to productivity and economic growth of Nigeria. The findings of this study derived from agriculture value chain actors may be pertinent in the development of policies and strategic plans for ensuring economic growth.