Select Currency
Translate this page

AGRICULTURE FINANCING IN NIGERIA

Format: MS WORD  |  Chapter: 1-5  |  Pages: 50  |  2987 Users found this project useful  |  Price NGN5,000

  DOWNLOAD THE COMPLETE PROJECT

ABSTRACT

The study is to research on the problems and prospect of agriculture in Edo State. The study is to look at the attitude of Edo State people towards the improvement of agriculture, which tend to be a weak attitude and problems to the state at large. These problems are summarized as low level of literacy, poor agricultural implements, inadequate number of skilled /trained and qualified labourers or workers, little or on finding etc. However, the research deems it fit to profound solution to the low level of agriculture in Edo State. these solution are as follows; lists of skilled workers should compiled and updated always receipt or certificates should be advocated, personal income and support should be  appropriate appreciated and use well. However, the above solutions to the problems of agriculture in Edo State, will tend to change to a positive one, whereby the people of Edo State will now tend to improve agriculture effectively if only the government of Edo State will employ these prospect of agriculture.

    

CHAPTER ONE

INTRODUCTION

1.1 BACKGROUND INFORMATION

Agricultural sector is the earliest sector of the economy in the history of mankind. The history of agriculture started when man wandered from places to place gathering fruits and animals to satisfy his immediate need. As at that time, man had three basic necessities in life, these are air water and food air and water is provided naturally while food has to be provided by man himself with much and little hindrance from nature. Agriculture as the backbone of West Africa economy is further revealed by the fact that it contributes an average of about 75 percent of various counties exports. Agriculture supplies about 80 percent of Nigeria’s exports.

The importance of agriculture in the economy of west Africa is borne out by many factors, for instance, it employs between 60-90 percent of west Africa occupied population in Liberia, 80 percent of the working population is engaged in agriculture forestry, fishing and breeding more than 60 percent of the employed labour force is engaged in agriculture in Ghana in the Ivory coast, 85 percent of the population are farmers, and the percentage rises to go if we include the immigrant population of that country in Senegal 80 percent of the active population is engaged in agriculture. All these point to the facts that agriculture is the main source of livelihood of West Africa Agriculture as an economic development has provided a dominant position within the economy of each country gives at a crucial role in the economy development of West Africa. It provides raw materials for the textile, tyre, soap, cocoa, fruit canning and cigarette factories.

In 1968, agricultural exports formed 72 percent of the total exports of Ghana. The 408.000 tons of agricultural products, valued at about 24,000 million CFA Francis, which the Cameroon republic exported in 1964. Constituted about 80 percent of their total exports. At about 20 percent of the total agricultural output of West Africa is exported while the remaining is consumed directly or used by the local industries. The rates of economic development and growth of Nigeria and West Africa countries of the under developed and developed ones has increase efficiently under production of the existing exports crops as permitted by the world markets, and the developing of new ones in orders to increase foreign exchange earning which turn permits the import of the goods and services needed for development. This goes to say that one of the most significant impetus for economic development lies in the size and stability of a flow of maximum prop[ortion of investment in agricultural output which will have to be rapidly expanded. Also, with an increase in the incomes obtained from the sale of food stuffs and agricultural raw materials by the farmers more funds will be available for further investment in agriculture and the new industries.

According to Areoye (2014), some states have low agricultural potentials, it has also been observed that a West Africa small scale farmers applies a lot of general labour, the supply of which is plenty, and a little capital to a wider extent of land than his counterpart in the economically advanced area of the world. Simple implement likes hoes and cutlasses are used on the frames while fertilizers and manures are not widely used. Almost all the traditional farmers are uneducated thus activities not properly organized and production cost are not carefully related to their yearly output. However, bulk of agricultural production in West Africa come from millions of small scale farmers in Nigeria, peasant farmer’s cultivate a averages of two to three areas and in some part of the Northern states, each extended family has been found to hold about 17 areas, about one quarter of which is usually under permanent cultivation. It is significant that apart from food products the bulk of exports like rubbers, cocoa, cotton and palm kernels are produced on the small holding of millions of West Africa peasant farmers. And in spite of the significance of large scale plantations farming in Liberia and Ivory coast yet now here does the proportion of plantations exceed 10 percent of the total cultivated land. Lastly, the small scale farmers use traditional methods of farming one of these is shifting cultivation and bush fallowing by which they allow land to go back to bush after a few crops. Thus, new land is cleared for cultivation which may be for two or five years, depending on the pressures of populations of land after which it is abandoned for a number of years, the percentage of the total land area that is under fallow at any period of time has been estimated to be at least 40 in Nigeria which however engages it to problems in food production in Nigeria.

STATEMENT OF PROBLEMS

The problem of low productivity and lack of improvement in agriculture has been traced to various causal factors. One of such course is the lack of adequate finance to the agriculture’s. They complain that they do not have enough fund to carry on with their activities.  We    want to investigate the reasons why these formers find it difficult to raise enough money to carry out their important work I will also investigate the ways of eliminating these problems. Several measures have been taken by the government to encourage agriculture financing in the country but they houses not yielded the necessary effect for they are established.

OBJECTIVES OF STUDY

The study seeks to examine the various roles of financing agriculture in Nigeria. Other objectives for the study are:

1. To ascertain if high interest rate of lending is the problem of agricultural financing in Nigeria.

2. To know if the reduction of interest rate will increase agricultural financing in Nigeria.

STATEMENT OF HYPOTHESES

H0: High interest rate of lending is not the problem of agricultural financing in Nigeria.

H0: Reduction of interest rate will not increase agricultural financing in Nigeria.

SIGNIFICANCE OF STUDY

Findings from an authentic study of this nature are expected to contribute immensely to our educational and agricultural policies and prospect in West African. It would also assist formers and business men who are opportune to read this research work in their business activities.  It would bring about increase in exportation of farm product hereby make life conformable in Nigeria.

Managers of agriculture business will be able and also have a wide range of solution to deal with agricultural financing in rural development. Agriculture is very important in man’s everyday life particularly in providing food for individual providing revenue for formers and the agriculture sector generate a sizable point of the national income and can also contribute its quota to the success of the student in our institutions.

DEFINITION OF TERMS

This research topic has some very key words which call for treatment before anything else.

Agriculture:  This is a sector of economic achinilyes which provide human with some of their needs.  Or the science and practice of captivating the land and keeping animal for man’s use.

Authentic: Genuine know to be true

Financing: The management of money

Prospect:  Way of soling problem

Export: Selling goods to another country

  DOWNLOAD THE COMPLETE PROJECT

AGRICULTURE FINANCING IN NIGERIA

Not The Topic You Are Looking For?



For Quick Help Chat with Us Now!

+234 813 292 6373

+233 55 397 8005


HOW TO GET THE COMPLETE PROJECT ON AGRICULTURE FINANCING IN NIGERIA INSTANTLY

  • Click on the Download Button above.
  • Select any option to get the complete project immediately.
  • Chat with Our Instant Help Desk on +234 813 292 6373 for further assistance.
  • All projects on our website are well researched by professionals with high level of professionalism.

Here's what our amazing customers are saying

JONNAH EHIS
Ajayi Crowther University, Oyo
I was scared at first when I saw your website but I decided to risk my last 3k and surprisingly I got my complete project in my email box instantly. This is so nice!!!
Excellent
Oluchi From Michael Opara University
If you are a student and you have not used iprojectmaster materials, you are missing big time! iprojectmaster is the BEST
Excellent
Emmanuel Essential
Kogi state University
I actually took the risk,you know first time stuff But i was suprised i received as requested. I love you guys 🌟 🌟 🌟 🌟
Very Good
Stancy M
Abia State University, Uturu
I did not see my project topic on your website so I decided to call your customer care number, the attention I got was epic! I got help from the beginning to the end of my project in just 3 days, they even taught me how to defend my project and I got a 'B' at the end. Thank you so much iprojectmaster, infact, I owe my graduating well today to you guys...
Excellent
MATTHEW NGBEDE
Ahmadu Bello University
I wish I knew you guys when I wrote my first degree project, it took so much time and effort then. Now, with just a click of a button, I got my complete project in less than 15 minutes. You guys are too amazing!
Excellent
Dau Mohammed Kabiru
Kaduna State College of Education Gidan Waya
This is my first time..Your service is superb. But because I was pressed for time, I became jittery when I did not receive feedbackd. I will do more business with you and I will recommend you to my friends. Thank you.
Very Good
Musa From Ahmadu Bello University
Thank you iprojectmaster for saving my life, please keep it up and may God continue to bless you people.
Excellent
Joseph M. Yohanna
Thanks a lot, am really grateful and will surely tell my friends about your website.
Excellent
Abdulrahman Jibrin
Nti Abaji
Nice one work prompt delivery tanx
Very Good
Azeez Abiodun
Moshood Abiola polytechnic
I actually googled and saw about iproject master, copied the number and contacted them through WhatsApp to ask for the availability of the material and to my luck they have it. So there was a delay with the project due to the covid19 pandemic. I was really scared before making the payment cause I’ve been scammed twice, they attended so well to me and that made me trust the process and made the payment and provided them with proof, I got my material in less than 10minutes
Very Good

FREQUENTLY ASKED QUESTIONS

How do I get this complete project on AGRICULTURE FINANCING IN NIGERIA?

Simply click on the Download button above and follow the procedure stated.

I have a fresh topic that is not on your website. How do I go about it?

How fast can I get this complete project on AGRICULTURE FINANCING IN NIGERIA?

Within 15 minutes if you want this exact project topic without adjustment

Is it a complete research project or just materials?

It is a Complete Research Project i.e Chapters 1-5, Abstract, Table of Contents, Full References, Questionnaires / Secondary Data

What if I want to change the case study for AGRICULTURE FINANCING IN NIGERIA, What do i do?

Chat with Our Instant Help Desk Now: +234 813 292 6373 and you will be responded to immediately

How will I get my complete project?

Your Complete Project Material will be sent to your Email Address in Ms Word document format

Can I get my Complete Project through WhatsApp?

Yes! We can send your Complete Research Project to your WhatsApp Number

What if my Project Supervisor made some changes to a topic i picked from your website?

Call Our Instant Help Desk Now: +234 813 292 6373 and you will be responded to immediately

Do you assist students with Assignment and Project Proposal?

Yes! Call Our Instant Help Desk Now: +234 813 292 6373 and you will be responded to immediately

What if i do not have any project topic idea at all?

Smiles! We've Got You Covered. Chat with us on WhatsApp Now to Get Instant Help: +234 813 292 6373

How can i trust this site?

We are well aware of fraudulent activities that have been happening on the internet. It is regrettable, but hopefully declining. However, we wish to reinstate to our esteemed clients that we are genuine and duly registered with the Corporate Affairs Commission as "PRIMEDGE TECHNOLOGY". This site runs on Secure Sockets Layer (SSL), therefore all transactions on this site are HIGHLY secure and safe!