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Journal articles on the topic 'Nigerian agriculture'
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1
Eze, Sunday C., and Vera Chinedu-Eze. "Agripreneurship Curriculum Development in Nigerian Higher Institutions." International Journal of Small Business and Entrepreneurship Research 4, no. 6 (November 7, 2016): 53–66. http://dx.doi.org/10.37745/ejsber.vol4.no6.p53-66.2016.
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Sustainable agriculture has remained a subject of debate in Nigeria for decades without tangible results. Between 2001 and 2007, agricultural sector accounted for 40 percent of Nigeria’s Gross Domestic Products (GDP) and 51 percent of job creation. However, in 2015 agriculture accounted for only 17.77% of Nigeria’s GDP (National Bureau of Statistics, 2015). These figures are indications that agriculture has not met the need of the country, and reveal the dwindling nature of the sector. The declining nature of agriculture calls for a new strategy that will support agricultural development in Nigeria. This paper aims to advance agripreneurship education in Nigerian Universities by attempting to develop a curriculum that will trigger agriprenuership taught classes in Universities in Nigeria in attempt to increase youth and farmers participation in agripreneurship and improve the agricultural sector in general
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Ajekwe, Clement C. M., and Adzor Ibiamke. "Entrepreneurship through Agriculture In Nigeria." Business and Management Research 9, no. 1 (March 20, 2020): 35. http://dx.doi.org/10.5430/bmr.v9n1p35.
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Poverty is one of the supreme challenges in Nigeria. This paper explores entrepreneurship in agriculture as a strategy for a drastic reduction in unemployment and poverty in Nigeria. Agriculture creates employment opportunities to 70% -75% of the Nigerian working population and contributes about 20.9% of Nigeria’s total gross domestic product. Yet, young educated and ambitious Nigerians do not show much interest in agriculture. Currently, Nigerian farmers are elderly, toiling away with outdated techniques and tools. Not only are these old farmers unlikely to use latest technologies that guarantee rewards in agriculture and afford a modern lifestyle. The youth believe that career in agriculture would “condemn” them to a “backwards”, “dirty” lifestyle associated with the elderly “uneducated” farmers currently performing physical arduous backbreaking farm work. Meanwhile, the educated and ambitious youth struggle almost hopelessly to find employment in the few highly esteemed sectors, such as the civil service, banking, engineering, medicine and law. This paper persuades youths to take up a career in the agricultural sector through entrepreneurship activities; the paper tells stories of successful educated young entrepreneurs in agriculture. Some young successful educated and ambitious agri-preneurs are identified and their stories are told. These agri-preneurs are potential role models (i.e., people whose achievements in agricultural entrepreneurship the youths can emulate/imitate). The paper advises youths to start small with simple straightforward projects capable of producing cash rewards in the short-term and to look out for the several government and UN grants opportunities that encourage agropreneurship. Before launching their enterprises, aspiring agri-preneurs are counselled to avail themselves of training and apprentice opportunities from successful agri-preneurs.
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Etowa, Egbe Bassey, and Olugbenga Wilson Adejo. "Occupational choice and agricultural labour efficiency in Nigeria: Impact of ICTs." Applied Studies in Agribusiness and Commerce 11, no. 1-2 (June 30, 2017): 111–17. http://dx.doi.org/10.19041/apstract/2017/1-2/14.
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Increased labour efficiency is imperative in the developing world and particularly in Nigerian Agriculture which should be in its leaping phase. The interaction between labour efficiency and ICTs is inevitable in the realisation of the nation’s agribusiness potentials. Following a vivid descriptive statistics on main occupations and access to ICTs among the Nigerian populace, this study assessed effects of ICTs on the probability that a working aged Nigerian chose agricultural occupation over non-agricultural occupations. In doing so, the study analysed the effects of access to ICTs on agricultural labour efficiency in Nigeria. Data used for the analysis were drawn from the Nigerian General Household Survey-Panel held in 2010-2011 period. Analytical framework for the study include: Logistic Regression and Multiple Regression Models. Results show that access to mobile phones, using the internet to obtain information, and using the internet to send or receive mails were significant factors of the probability that a Nigerian chose agriculture or its related activities as a main occupation. Again, access to personal computers, use of the internet for e-banking, e-learning and for reading e-newspapers had significant impact on agricultural labour efficiency in Nigeria. The study recommends that labour policies should find a place for the role of ICTs, particularly the internet.
JEL. Code: Q12
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Adawo, M. A. "Women in agriculture and appropriate technology in Nigeria." South African Journal of Economic and Management Sciences 4, no. 1 (March 31, 2001): 90–98. http://dx.doi.org/10.4102/sajems.v4i1.2631.
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There is no doubt that agricultural growth in Nigeria has been on the decline. This is largely so because agricultural policies have a bias towards inappropriate technology, and fail to recognise women as the centrepiece in agriculture. The position taken in this paper is that women are in fact the pivot in Nigerian agriculture, and whatever technology is developed, should be in line with their needs. Such technology should involve a simple but mechanical form of weeding, the use of improved organic fertilizer and efficient methods of livestock husbandry.
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Mafimisebi, Taiwo, Adegboyega Oguntade, and Ojuotimi Mafimisebi. "Re-engineering agriculture for enhanced performance through financing." Cuadernos de difusión 15, no. 29 (December 30, 2010): 35–49. http://dx.doi.org/10.46631/jefas.2010.v15n29.03.
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Insufficient institutional credit is a major contributor to the persistent poor performance of the Nigerian agricultural sector. To encourage financial institutions to increase lending to the sector, a partial credit guarantee scheme was instituted. The scheme commenced operations in 1978 with an authorized capital of N 100.00 million, subscribed to 60% and 40% by the Federal Government of Nigeria and the Central Bank of Nigeria, respectively. This paper presents an appraisal of the scheme. The results revealed that there has been continuous growth in paid-up share capital, total fund resources, maximum amount of loan obtainable by farmers, number and value of loans guaranteed, volume and value of loans fully repaid and volume and value of default claims settled. There was a long-run convergence between the number and volume of guaranteed loans and the agricultural GDP. This finding indicates the need to expand the quantum of funds available for guaranteeing agricultural loans to increase performance of the agricultural sector in the long run. This step is justified by the strategic role of agriculture in the Nigerian economy in terms of food and fiber production, job creation, income generation, poverty reduction and economic stability.
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Oshio, P. E. "Agricultural Policy and the Nigerian Land Use Decree: The Conflict." Journal of African Law 30, no. 2 (1986): 130–42. http://dx.doi.org/10.1017/s0021855300006525.
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The importance of agriculture especially in a developing country cannot be over-emphasised. It had been the mainstay of the Nigerian economy since the colonial period. Apart from subsistence farming which catered for the food needs of the local population, Nigeria had exported cash crops in the past.Unfortunately, the blessings of the oil boom have diverted our attention from agriculture in the past decade with the consequent neglect of it. But the dwindling fortunes of oil appear to have induced us to switch our attention once again to agriculture.To this end, some practical steps have been taken by Government to encourage investment in agriculture. These include subsidising fertilisers and seeds for farmers, the establishment of various Agricultural Development Projects, the Communal Farm Programmes and the establishment of various River Basins Development Authorities. Other recent measures include tax relief for agro-allied projects; tax holidays for investors in combined agricultural productions and processing; capital allowances for capital expenditure on plant and equipment for, and equipment leasing to, agriculture; removal of import duties on tractors and other agricultural machinery and equipment and increased foreign equity participation within the framework of the Enterprises Promotion Decree.
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Gavrilova, Nina G. "Soldiers as farmers: army agriculture and food security in contemporary Nigeria." BIO Web of Conferences 27 (2020): 00085. http://dx.doi.org/10.1051/bioconf/20202700085.
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FAO estimates that most of Nigeria’s population is underserved; besides hunger, people experience effects of poor nutrition – diabetes, obesity, anaemia, etc. Formerly Nigeria was an agricultural country, but now its local production does not satisfy its own food demand. Farming is inefficient due to many factors, including conflicts between farmers and pastoralists, rooted in the very method of livestock breeding: pastoralists roam Nigeria all year round, while raising animals on ranches is barely practiced; as the population grows rapidly, agricultural plots begin to occupy traditional migration routes, and passing cattle destroy crops. Farmers take revenge by killing or stealing cattle. Consequently, Nigerians suffer from loss of livestock and crops and forced displacement. The government and the army established the Nigerian Army Farms and Ranches Limited (NAFARL), which enabled small-scale agricultural enterprises to organize on army lands. Thereby the army demonstrates advantages of non-nomadic livestock breeding and creates jobs. It is too early to draw conclusions on the effectiveness of NAFARL, as less than two years have passed since its inception. However, it may be argued that the army is capable of not only resolving conflicts, but also supporting the development of agriculture and achieving food security.
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Idris, Miftahu. "Understanding Agricultural Productivity Growth in Sub-Saharan Africa: An Analysis of the Nigerian Economy." International Journal of Economics and Financial Research, no. 67 (July 15, 2020): 147–58. http://dx.doi.org/10.32861/ijefr.67.147.158.
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In recent times, agricultural sector has returned to the forefront of development issues in Nigeria given its contribution to employment creation, sustainable food supply and provision of raw materials to other sectors of the economy. In lieu of that, this study examines the impact of agriculture on the economic growth in Nigeria using annual time series data covering the sample period of 1981 to 2018. To analyse the data collected, Autoregression Distributed Lag (ARDL) model through the bounds testing framework is employed to measure the presence of cointegrating relations between real GDP, agricultural productivity, labour force, and agricultural export. Results show the presence of both short-run and long-run relationship among the variables, and that agriculture has a positive and significant impact on economic growth in Nigeria. These findings inform the Nigerian government on the need to expedite labour force (human capital) and agricultural export (non-oil) development with the view to achieving sustainable growth and development. In addition, developing skills and competencies of labour force through capacity building in the agricultural sector will encourage research and development thereby increase the export size, hence essential for long-term growth.
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Neszmélyi, György Iván. "The motivations for the diversification of the Nigerian economy focusing on sustainable agriculture." Applied Studies in Agribusiness and Commerce 8, no. 1 (August 31, 2014): 7–13. http://dx.doi.org/10.19041/apstract/2014/1/1.
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Agriculture is one of the major branches of the economy in Nigeria, the most populous country in Africa. It employs around 70% of the population and its contribution to the national GDP ranges around 45% (2012). In spite of the fact that most of the area is arable the majority of food, the Nigerian population consumes, comes from imports. The paper attempts to provide in insight to the reasons, why Nigeria could still not achievew self sufficiency from major food crops and livestock. Beyond the rapid growth of the population, one of the major reasons is the rich oil and natural gas reserves, the exploitation and export of which has been providing with the country with “easy cash” for the recent few decades. Another reason is that the agricultural holdings are small and scattered, and farming is carried out with simple tools and techniques. Modern and large-scale farms are not common. The political leadership and economic decision makers of the country already recognized the necessity of the development of the food and agricultural sector, which – contrary to the oil industry – would exercise a deep and positive impact on the rural society as well. Nigerian agriculture is being transformed towards commercialization at small, medium and large-scale enterprise levels.
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AMAECHI, DR (MRS ). LOUISA N. "Women Empowerment And Sustainable Development In Nigeria." International Journal of Social Sciences and Humanities Invention 6, no. 11 (November 8, 2019): 5711–12. http://dx.doi.org/10.18535/ijsshi/v6i11.04.
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A nation that cannot feed her citizens effectively is facing a very big global economic challenge. This was one of the reasons why UN inculcated food security measure as one of the 2003 MDG goals for the developing countries before 2015 target years. Nigerians economic down turn started when agricultural economy was neglected and attention was given to crude oil economy as the major export of the country’s economy. The neglect export of the country’s economy. This neglect of the country’s agric economy gave rise to the present social and economic challenges such as poverty, unemployment, food security, low agric export system, youths restiveness, social insecurity and the general infrastructural decay and decay in other systems. Therefore one of the striking measures to address the countries economic system is through the revival of agriculture with particular reference to women empowerment.
The paper therefore discussed women empowerment, importance of agriculture to Nigerian economy and the need for women empowerment in agriculture. The paper also highlighted strategies for women empowerment, demerits of not empowering women and challenges confronting women farmers in Nigeria.
The paper recommends an immediate action to empower women farm with enough financial and material support for women farmers in Nigeria
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Ogundari, K., and B. Brümmer. "Technical Efficiency of Nigerian Agriculture." Outlook on Agriculture 40, no. 2 (June 2011): 171–80. http://dx.doi.org/10.5367/oa.2011.0038.
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Akokuwebe, Monica Ewomazino, L. Amusan, and G. Odularu. "Women development in agriculture as agency for fostering innovative agricultural financing in Nigeria." African Journal of Food, Agriculture, Nutrition and Development 21, no. 07 (September 2, 2021): 18279–99. http://dx.doi.org/10.18697/ajfand.102.19345.
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The significant contribution of women in agricultural development cannot be over-emphasised. Women farmers are commonly side-lined and their efforts under-valued in conventional agricultural and economic evaluations despite the substantial impact they have made in the sector. Globally, women’s contributions to the agricultural sector have been appraised as the world’s major producers and organisers of food crops where half of the world’s foods have been grown by them. In Africa, Nigeria included, women dominate and play major roles in producing subsistence crops and livestock. Their contribution to agriculture is estimated to be 65% in Nigeria. However, their contributions are undermined largely because women are often economically marginalised. Though women are food producers for most of the households in rural areas, their marginalisation has been historical. Factors hindering women from accessing agricultural financing include patriarchy, an unfavourable land tenure system that deprives women of access to collateral security in accessing bank loans and the vagueness of women’s limited self-agency. Anchored in patriarchal and liberal feminism theories, this study examines how Nigerian women are marginalised in selected spheres of agrarian livelihoods in the south-eastern parts of Nigeria. South-East Nigerian women farmers participate fully in all key stages of farming activities such as production, processing and marketing of food crops. The Igbo men cultivate mainly cash crops. Similarly, in the Northern parts of Nigeria, women are only allowed to participate in certain stages of cash crop growing but they are fully allowed to engage in subsistence farming as they are relegated to home front activities. Patriarchy limits women's access and control over land resources in all forms. Patriarchal and liberal feminism denoted that the actions and ideas of male farmers dominant over those of women has prevented female farmers the autonomy and freedom to become rational beings. This paper recommends mainstreaming of gender in the design, implementation and monitoring of agricultural policies and programmes for inclusive financing for food security and sustainable development.
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FAMILUGBA, Jonathan Olu. "Agricultural Policies And Rural Development, The Case Of South Western Nigeria, 1945-1960." International Journal for Innovation Education and Research 4, no. 2 (February 29, 2016): 39–53. http://dx.doi.org/10.31686/ijier.vol4.iss2.515.
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Agriculture is fundamental to the growth and development of any Nation. In most developing economies, agriculture constitutes a major economic activity of the people either as producer, seller or marketer. Agriculture serves as the main foreign exchange earnings and major source of revenue for the government. It is against this background that this study investigates Agricultural policies and rural development in South Western Nigeria, 1945-1960. It examines the governmental Agricultural Policies adopted in the colonial period geared towards achieving increased agricultural production and the various strategies employed by the Regional government towards achieving the set goals. The paper went further to assess the extent to which the objectives were achieved, and what factors impeded the attainment of set goals. The paper adopts historical and descriptive method in analysing issues raised. The paper conclusively observed that the greater emphasis placed on the production of cash crops at the expense of food crops largely contributed to the food insecurity that is now prevalent in Nigeria. The paper made some recommendations on how Agricultural production could be improved upon and be made to contribute meaningfully to the growth and development of Nigerian economy.
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Strang, Kenneth David, Ferdinand Che, and Narasimha Rao Vajjhala. "Urgently strategic insights to resolve the Nigerian food security crisis." Outlook on Agriculture 49, no. 1 (August 29, 2019): 77–85. http://dx.doi.org/10.1177/0030727019873012.
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The food security crisis is a serious worldwide predicament in developing countries but it is a relatively larger problem in Nigeria. We argued there was no solution for the Nigerian food security crisis because researchers had not customized theoretical models with data-driven priorities grounded on local agriculture subject matter expert knowledge. We collected data from local agriculture extension workers who had specialized knowledge of the problems. We applied the consensual qualitative research method with embedded nominal brainstorming and multiple correspondence statistical techniques at the group level of analysis to develop a proposed solution. Our final model highlighted strategically urgent ideas to increase agriculture productivity and appease the most severe constraints in rural Nigeria. The results extended what was already published in the literature and should generalize to rural farmers in Nigeria as well as to government policymakers in developing countries around the world.
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Ikenwa, Kenneth O., Abdul-Hammed A. Sulaimon, and Owolabi L. Kuye. "Transforming the Nigerian Agricultural Sector into an Agribusiness Model – the Role of Government, Business, and Society." Acta Universitatis Sapientiae, Economics and Business 5, no. 1 (November 1, 2017): 71–115. http://dx.doi.org/10.1515/auseb-2017-0005.
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AbstractThis paper proposes that the transformation of the agric sector into an agribusiness model will contribute to repositioning Nigerian economy from its backwater position in the world’s economy. This proposition was investigated with the help of a review of literature and analysis of secondary time series data from the period of 2005–2014, which represented the contributions of the agricultural, manufacturing, oil and gas, and service sectors in Nigeria. One hypothesis was formulated and investigated with thet-test, correlation, and regression tests. The test results were positive and statistically significant at.05 alpha level, and they showed that agriculture has the potential to consistently have a significant effect in contributing to the growth of the Nigerian GDP both in the short and long run. These results justify the clarion call within the government and business sectors to diversify the economy and return to agriculture as the country’s bedrock for economic stability, especially as global economy becomes more volatile, uncertain, turbulent, and ambiguous. To this end, six strategies and twelve policy recommendations are suggested towards the implementation of a Structural Adjustment for Agribusiness Promotion (SAFAP) in Nigeria, and this is to be implemented as an action plan for pursuing a nationwide agricultural revolution. The paper concludes that, in view of its Vision 20:2020 to be among the top twenty economies in the world, Nigeria can become positioned to be a major player in global economy by diversifying from an oil-dependent economy into agribusiness and agric trade.
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Ebhotemhen, Wilson, and David Umoru. "External Debt and Agricultural Production in Nigeria." SRIWIJAYA INTERNATIONAL JOURNAL OF DYNAMIC ECONOMICS AND BUSINESS 3, no. 1 (March 26, 2019): 1. http://dx.doi.org/10.29259/sijdeb.v3i1.1-14.
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Over time, Nigeria has experienced upsurge in external debt stock and several studies have estimated negative impact of growing external debt on economic growth. On sectoral basis therefore, our study proceeds to evaluate such impact of external debt on growth of agricultural production in Nigeria using time series data for the period of study 1980 to 2017. For this purpose, we utilized co-integration being test instrument and ECM to investigate link among variables used. The empirical results reveal that external debt failed to yield increase in output returns in agricultural productivity by its inverse association with agricultural output. This indicates that acquired external loans for agriculture within period of study were not optimally utilized for same resolve. Hence, we advise that Nigerian government should demonstrate sound commitment to effective debt management in order to ensure foreign loans are suitably channeled and healthily utilized for purpose acquired for as this would equally guarantee that the output returns would be sufficient for debt service obligation and balance to promote growth in other sectors of Nigerian economy.
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Mabbs-Zeno, Carl C. "Will foreign investment revive Nigerian agriculture?" Agribusiness 3, no. 1 (1987): 111–20. http://dx.doi.org/10.1002/1520-6297(198721)3:1<111::aid-agr2720030110>3.0.co;2-x.
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Bashir, Mohammed Bawuro, Ali Goni Adam, Jamila Abdulkadir Abubakar, Aliyu Umar Faruk, Halimat Suraj Garuba, and Nyayekonung Bege Francis. "The Role of National Farmers Helps Line in Agricultural Information Dissemination Among Crop Farmers in Nigeria: A Case Study of Farmers Help Line Centre, NAERLS ABU Zaria." Journal of Agricultural Extension 25, no. 1 (March 1, 2021): 93–103. http://dx.doi.org/10.4314/jae.v25i1.8s.
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The study examined the role of national farmers helpline in agricultural information dissemination among crop farmers in Nigeria, with the specific objectives to identify the various sources of information on agricultural practices available to the farmers and identify the various information disseminated to the farmers from the National Farmers Helpline. One Thousand farmers were randomly selected from the farmers who frequently call the Helpline Centre from the database of NAERLS across the six geo-political zones of Nigeria; to source the required information. Some of the crop farmers were contacted through phone calls, SMS, and social media platforms like Facebook and WhatsApp while some were through administration of questionnaires and face to face discussion. Data sourced were subjected to descriptive statistics such as frequency distribution and percentage for analysis and were presented in tables and charts. The findings reveal that the Farmers Help Line Centre, NEARLS supply farmers around the country with all the necessary information on cultural practices, access to improved seed varieties, fertilizer and application, pest and disease management practices, weed management practices, marketing strategies, post-harvest activities, management of farm tools and machineries and also information on Government policies on agriculture. It is recommended that stakeholders of National Farmers Help Line ensure the sustainability of its services by including other Nigerian languages to have a larger coverage and not limiting spoken languages to only the major Nigerian languages (English, Yoruba, Hausa, Igbo and Nigerian pidgin); and also extend their services to West African countries and other parts of the globe at large.
Key words: Agriculture, information, dissemination and crop farmers
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Lucky, I. U. "Production of Rice in Nigeria: The Role of Indian-Nigerian Bilateral Cooperation in Food Security." MGIMO Review of International Relations 13, no. 3 (July 8, 2020): 138–50. http://dx.doi.org/10.24833/2071-8160-2020-3-72-.
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The article focuses on the impact of India-Nigeria agricultural cooperation on rice production in Nigeria. Since 2000 in the quest for food sufficiency, diversification of the country’s sources of foreign exchange, increasing employment for the rising population as well as expanding its external relations Nigeria has signed several bilateral agreements on agriculture with India. The analysis of the developments in the sub-sector, as well as media, governmental and non-governmental reports in the field and the interviews of the farmers has revealed that the Indian firms, including “Olam Group” and “Popular Farms and Mills Ltd”, have cultivated thousands of hectares of land, built mills and machinery, provided farmers in 16 Nigerian states with better rice seedlings, and engaged thousands of farmers in regular training improving employment and revitalizing communities in the country. The support given by the Indian firms has triggered an unprecedented increase in rice production. The paper concludes that the agreements, particularly the one of 2017, have further promoted, strengthened and expanded rice production in the context of food security, job creation and saving foreign exchange. The article, therefore, demonstrates how Nigeria-India bilateral ties and cooperative programs have changed the dynamics of rice production in the country and brought more profound economic consequences. Despite the fact that Nigeria is not yet selfsufficient in rice production with the gap of around 2.5 million tonnes, the agricultural programs initiated within the framework of the Nigeria-India bilateral agreements and realized as large-scale agriculture programmes including investments, training, supply of better seedlings, land cultivation promoted by powerful corporations have significantly changed the economic and social environment in Nigeria.
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Lucky, I. U. "Production of Rice in Nigeria: The Role of Indian-Nigerian Bilateral Cooperation in Food Security." MGIMO Review of International Relations 13, no. 3 (July 8, 2020): 138–50. http://dx.doi.org/10.24833/2071-8160-2020-3-72-138-150.
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The article focuses on the impact of India-Nigeria agricultural cooperation on rice production in Nigeria. Since 2000 in the quest for food sufficiency, diversification of the country’s sources of foreign exchange, increasing employment for the rising population as well as expanding its external relations Nigeria has signed several bilateral agreements on agriculture with India. The analysis of the developments in the sub-sector, as well as media, governmental and non-governmental reports in the field and the interviews of the farmers has revealed that the Indian firms, including “Olam Group” and “Popular Farms and Mills Ltd”, have cultivated thousands of hectares of land, built mills and machinery, provided farmers in 16 Nigerian states with better rice seedlings, and engaged thousands of farmers in regular training improving employment and revitalizing communities in the country. The support given by the Indian firms has triggered an unprecedented increase in rice production. The paper concludes that the agreements, particularly the one of 2017, have further promoted, strengthened and expanded rice production in the context of food security, job creation and saving foreign exchange. The article, therefore, demonstrates how Nigeria-India bilateral ties and cooperative programs have changed the dynamics of rice production in the country and brought more profound economic consequences. Despite the fact that Nigeria is not yet selfsufficient in rice production with the gap of around 2.5 million tonnes, the agricultural programs initiated within the framework of the Nigeria-India bilateral agreements and realized as large-scale agriculture programmes including investments, training, supply of better seedlings, land cultivation promoted by powerful corporations have significantly changed the economic and social environment in Nigeria.
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Nkiruka, Okeke, Evelyn, and Okeke, Joseph Uchenna. "Exploratory Model of the Impact of Agriculture on Nigerian Economy." International Journal of Trend in Scientific Research and Development Volume-1, Issue-4 (June 30, 2017): 523–31. http://dx.doi.org/10.31142/ijtsrd162.
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Otache, Innocent. "Agripreneurship development: a strategy for revamping Nigeria’s economy from recession." African Journal of Economic and Management Studies 8, no. 4 (December 4, 2017): 474–83. http://dx.doi.org/10.1108/ajems-05-2017-0091.
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Purpose The purpose of this paper is to explore agripreneurship development as a strategy for economic growth and development. Design/methodology/approach Though a few related literature were reviewed, this paper relies heavily on the author’s viewpoint regarding how Nigeria can grow and develop its economy through agripreneurship development. Findings The present economic challenges that Nigeria is facing are blamed on overdependence on the oil sector, bad governance, corruption, leadership failure, policy inconsistency, overdependence on imported goods and ostensible neglect of the agricultural sector. Also, policymakers, economic analysts and the government have advocated strongly for diversification of the economy. Besides, there is a consensus among scholars, economic analysts and policymakers that “agriculture is the answer.” Research limitations/implications This paper addresses specifically one sector of the economy – the agricultural sector. On the other hand, economic crisis needs to be addressed holistically by resolving specific issues that confront different sectors of the economy. Practical implications This paper has some insightful policy and practical implications for the Nigerian Government and Nigerians. The government and Nigerians need to take practical steps to grow and develop the economy. On the part of the government, apart from the need to transform the agricultural sector by allocating enough funds to it, the government should establish well-equipped agripreneurship development centers and organize periodically agripreneurship development programmes for the main purpose of training and developing both current and potential agripreneurs who will be able to apply today’s agricultural techniques and practices which involve a great deal of creativity and innovation for a successful agribusiness. The federal government should integrate agripreneurship education into Nigeria’s education system. Similarly, the Nigerian people, particularly the youths or graduates should be encouraged to choose agribusiness as a career. Originality/value While previous papers have offered different solutions to the current economic crisis that Nigeria is experiencing, ranging from economic to structural reforms, this paper differs significantly from others by recommending specifically agripreneurship development as a strategy for revamping Nigeria’s economy from its current recession. Moreover, there is a dearth of literature on agripreneurship and agripreneurship development. This paper therefore fills the literature gap.
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Onyeneke, Robert Ugochukwu, Chukwuemeka Chinonso Emenekwe, Jane Onuabuchi Munonye, Chinyere Augusta Nwajiuba, Uwazie Iyke Uwazie, Mark Umunna Amadi, Chibuzo Uzoma Izuogu, Chukwudi Loveday Njoku, and Louis Uchenna Onyeneke. "Progress in Climate–Agricultural Vulnerability Assessment in Nigeria." Atmosphere 11, no. 2 (February 11, 2020): 190. http://dx.doi.org/10.3390/atmos11020190.
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An in-depth understanding of the impact of vulnerability on livelihoods and food security is important in deploying effective adaptation actions. The Nigerian agricultural sector is dominated by rainfed and non-homogenous smallholder farming systems. A number of climate change risk studies have emerged in the last decade. However, little attention has been given to vulnerability assessments and the operationalization of vulnerability. To highlight this shortcoming, this study systematically reviewed climate-change-focused vulnerability assessments in the agricultural sector by evaluating (1) variation in climate variables in Nigeria over time; (2) the state of climate change vulnerability assessment in Nigerian agriculture; (3) the theoretical foundations, operationalization approaches, and frameworks of vulnerability assessments in Nigeria; (4) the methods currently used in vulnerability assessments; and (5) lessons learned from the vulnerability studies. We used a linear trend of climatic data spanning over a period of 56 years (1961–2016) obtained from the Nigerian Meteorological Agency and the Climate Research Unit of the University of East Anglia, United Kingdom, along with a systematic review of literature to achieve the objectives. The analysis indicates a significant and positive correlation between temperature and time in all major agro-ecological zones. For precipitation, we found a non-significant correlation between precipitation in the Sahel, Sudan, and Guinea Savanna zones with time, while the other zones recorded positive but significant associations between precipitation and time. The systematic review findings indicate no clear progress in publications focused specifically on vulnerability assessments in the Nigerian agricultural sector. There has been progress recently in applying frameworks and methods. However, there are important issues that require addressing in vulnerability assessments, including low consideration for indigenous knowledge and experience, unclear operationalization of vulnerability, non-standardization of vulnerability measures, and inadequacy of current assessments supporting decision making.
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Olusegun, Joseph. "AGRICULTURE AS A RECIPE FOR AN OIL DEPENDENT ECONOMY: NIGERIA EXPERIENCE." International Journal of Research -GRANTHAALAYAH 4, no. 8 (August 31, 2016): 157–67. http://dx.doi.org/10.29121/granthaalayah.v4.i8.2016.2575.
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Nigeria has a great potential to build a diversified sustainable and prosperous economy. Conversely, Nigeria has economic problems, her poverty situation is alarming though it records an impressive rate of economic growth which grew at an average 7.6% between 2003 and 2010(World Bank 2011), but this did not lead to sustainable development. This research work presents the position of agricultural sector as a dominant tool for reviving the Nigerian Economy from being monoculture. The paradox of growth in the face of poverty and inequality conflicts rational economic and social theories as well as historical trends showing vividly the structural disequilibrium in the Nigerian economy which has sustained the key productive and highly employable sectors below potential while supporting consumerism and rent-seeking sector which made laudable growth rate stranded at top of the pyramid not getting to both middle and bottom where the larger percentage of the populace can be better off. Among the recommendations made was that government should give immediate attention to the procurement and subsiding of farm tools for easy development of the sector. Also, Irrigation system should be encouraged for better efficiency in production process. More so, government should establish Companies that will convert agricultural primary product to non-perishable goods which stabilize the market price of farm product and motivate labour force to remain in the sector.
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Elum, Zelda Anne, and Judith Simonyan. "Analysis of Nigerian insurers’ perceptions of climate change." South African Journal of Economic and Management Sciences 19, no. 4 (November 25, 2016): 549–61. http://dx.doi.org/10.4102/sajems.v19i4.1384.
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In recent times, global agricultural productivity has been increasingly affected by climate change. It is believed that societal adoption of insurance as an adaptive response to climate change can have significant implications for insurers. The study investigates empirically insurers’ perceptions of climate change and the challenges they face in Nigeria. It examines the proposition that insurance firms in Nigeria are not mindful of the impact of climate change. The study applied the use of descriptive statistics, Kendall’s coefficient of concordance and principal component analysis on collected primary data. It was found that insurers in Nigeria were highly aware of climate change and its impact but did not believe it affects their operational costs and payments of claims. Although there is great scope for insurers to increase their client base in the Nigerian market, insurers face challenges of insurance rate-cutting, low patronage and environmental factors. The study concludes that there is a need for insurance regulators to enforce a level playing field for all firms. It also advocates for public support of private insurers to enhance insurance coverage for agriculture, the largest employer of labour in the country.
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Adeniyi, Adetunji. "Nigeria’s Bank of Agriculture: An Agenda for Organizational Renewal." Journal of Business Administration Research 10, no. 1 (May 8, 2021): 41. http://dx.doi.org/10.5430/jbar.v10n1p41.
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Bank of Agric (BoA) was establish as a special purpose specialized financial institution to provide agricultural loans to deserving customers as a way to promoting access to affordable credit facilities to segments of the Nigerian society that have little access to the services of conventional banks while accepting savings deposits from customers and encouraging banking habits at the grass-roots. However, the performance of the bank has been below expectation because it has not fulfilled purpose. In a country like Nigeria of N200 million population, where agriculture currently provides about 54 per cent of employment and the quest for economic resilience and sustainability is further driving diversification into agribusiness, improving access to agricultural credit, is imperative. It is against this background that the need to reposition the bank becomes necessary. It is recommended that the bank be partially privatised for access to increased / private capital, while its operations should be modernized and computerized to improve customer convenience and operational efficiency.
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Oloruntoba, A., JO Oladeji, and EF Odedele. "Content analysis of agricultural training advertisements in Nigerian newspapers." International Journal of Agricultural Research, Innovation and Technology 3, no. 2 (February 2, 2014): 12–15. http://dx.doi.org/10.3329/ijarit.v3i2.17838.
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It is obvious that the use of newspapers is one of the ways through which literate farmers could access agriculture-related information and are acquainted with innovations in agriculture. This study investigated the content of agricultural training advertisements in three Nigerian newspapers: The Guardian, Nigerian Tribune and Daily Times. Using multistage sampling techniques, 240 editions of these newspapers containing 609 advertisements for five years (20012005) were selected. In terms of agricultural subsectoral coverage, 30.3% were on veterinary services while forestry services recorded the least advertisement (4.0 %). The Nigerian Tribune newspaper has the highest coverage of agricultural training advertisements 40.7% compared to the 34.7% and 12.2% for Daily Times and Guardian newspapers, respectively. The result also showed that majority of agricultural training advertisements (81.10%) were placed on the non-prominent pages of the selected newspapers. Chi-Square analysis of association between the categories of agricultural training advertisements in the focal newspapers showed that there is significant relationship in the rate at which the sampled newspapers advertise different category of agricultural training advertisements in the newspapers (p<0.05). Chi square analysis also indicated that there is significant association between the placements of agricultural training advertisements and type of newspapers (p<0.05). This implies that advertisement placement on prominent pages of newspapers is determined by the policy of print media organization which also varies with cost of advertisement. It is therefore recommended that agricultural news items should be given more prominence as a panacea for increased information source to new entrants, especially the literate farmers to encourage farming. DOI: http://dx.doi.org/10.3329/ijarit.v3i2.17838 Int. J. Agril. Res. Innov. & Tech. 3 (2): 12-15, December, 2013
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Ahove, Michael Adetunji. "Paradigm Shifts of the African Worldview." Environmental Ethics 40, no. 4 (2018): 343–61. http://dx.doi.org/10.5840/enviroethics201840433.
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Africa is the most vulnerable region of the world due to anthropogenic climate change challenges on account of dependence on nature for the sustenance of agriculture as her main source of income, high level of poverty, and low level of literacy. Climate change adaptation involves strategies of adjusting to the negative effects of climate change, while climate change mitigation involves techniques that help to reduce production of greenhouse gases through burning fossil fuels. The African worldview from the frontier of Nigerian epistemological and ontological perspectives as it finds expression in climate change adaptation and mitigation is built on the foundations of its relationship with nature, traditional religion and belief systems, agricultural practices, and some other day-to-day practices. Worldview analysis of the contemporary Nigerian has been conducted and classified into Original African, Westernized African, and Little Here-and-There African, a paradigm existing in Nigerians irrespective of level of Western education. What will be the fate of the younger Nigerian climate scientist in a globalized and technologically competitive world? This question gives rise to further discussion on the principles and application of the theory of Culturo-Techno-Contextual Approach as postulated by Peter A. Okebukola and applied to creating an environment for meaningful learning on climate change adaptation and mitigation for the future generations of Nigerians.
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Etowa, Egbe B., and Emmanuel D. Nwiido. "Linking Land Use Choice with Land Access in Nigerian Agrarian Communities." Journal of Land and Rural Studies 7, no. 1 (December 17, 2018): 23–38. http://dx.doi.org/10.1177/2321024918808112.
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The article provides overview of land use decisions in the face of numerous bottlenecks within Nigerian agrarian population. Using a case study, the effects of access to land on land use choice were analysed. A stratified random sampling technique was used to select 104 respondents from 13 communities in Odukpani, Nigeria. A logistic regression model was specified to achieve the analyses. The result of the model was preceded by socio-demographic statistics of the study population. It was found that majority (92.3 per cent) of those with access to land had ownership rights, while 7.7 per cent had only land use rights. However, most (68.5 per cent) of them accessed 0.9 or less hectare of land, only 2.2 per cent had access to up to one or more hectare of land. Land was mainly devoted to agriculture in Odukpani. The logistic regression analyses showed that the size of land accessed has no significant effect on how it is used. However, having land ownership right is 0.1641 times likely to favour land use principally for agriculture than only having land use right. Conversely, having only land use right was 1/0.1641 (or 6.0939) times more likely to cause land use for agriculture than having land ownership right. Interestingly, a unit increase in perceived educational constraint increased the probability of land use for agriculture by 10.9133 times. Similarly, access to credit increased the probability of land use for agriculture by 23.5003 times, while short payback period of the loan received had a retarding effect on land use for agriculture by 0.1763 times. Psychometric scale scores showed that the cost of land (3.97), increase in land speculation (3.79) and conflict of interests by landlord (3.75) were the top three perceived constraints to accessing land in the study population. The study recommends agricultural development policies directed in favour of land access and with a view to tackling the identified constraints.
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OGBU EDEH, FRIDAY, and Ikechukwu Dialoke. "Diversification of the Nigerian Economy through Human Resource Development and Utilization." Society & Sustainability 2, no. 1 (May 15, 2020): 16–24. http://dx.doi.org/10.38157/society_sustainability.v2i1.72.
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The purpose of this paper is to highlight the significance of diversification of Nigeria’s economy through human resource development and utilization. It is on record that most developed countries in the world diversified their economy through the development of their citizens and thereafter utilized them in all the sectors of the economy. The narrative research design was adopted as it involves the use of secondary sources of data from Newspapers, Journals, and other online sources. This paper concludes that diversification of the Nigerian economy measured in terms of human resource development and utilization in the areas of manufacturing diversification, financial diversification, foreign direct investment, fiscal diversification, regional diversification, and job diversification has the capacity of revitalizing and sustaining Nigeria's economy. Therefore, human resource development policies in Nigeria should focus on education, technology, biotechnology, agriculture, aircraft, vehicle manufacturing, manufacturing of military gadgets such as weaponry and drones. The Nigerian government should also implement equal regionalization of industrial zones for equitable distribution of resources across all regions to avoid marginalization.
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Ortiz, Rodomiro. "Cowpeas from Nigeria: A Silent Food Revolution." Outlook on Agriculture 27, no. 2 (June 1998): 125–28. http://dx.doi.org/10.1177/003072709802700210.
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Cowpeas ( Vigna unguiculata (L.) Walp.) are an important native African legume crop, whose seeds are sold in local urban and rural markets. West Africa is the main centre of diversity for cowpeas. Nigeria is the world's largest producer and second in acreage. The production trend shows a significant improvement of cowpea cultivation in this country from 1961 to 1995. In this period, Nigerian cowpea production increased by 441% according to available statistics of the United Nations Food and Agriculture Organization (FAO). This paper discusses the evolution of cowpea production from the early 1960s until recent years in Nigeria, along with new technology for cultivation (for example, improved cultivars) of this crop developed by the International Institute of Tropical Agriculture (IITA) in Nigeria.
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Omodero, Cordelia Onyinyech, and Amah Kalu Ogbonnaya. "Role of Agriculture in Reducing Consumption Expenditure in Nigeria." Journal of Management and Sustainability 8, no. 4 (November 26, 2018): 130. http://dx.doi.org/10.5539/jms.v8n4p130.
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There is a general consensus that agriculture as an economic sector has contributed so much to the well-being of the Nigerian people, this understanding is without a thorough evaluation of the specific sub-sectors of agriculture and their individual contribution especially in reducing the cost of living in the country. This study tries to investigate the role of the four sub-sectors of agriculture in Nigeria in reducing consumption expenditure. The study employed time series data which covered a period from 1981-2017 and were obtained from CBN Statistical Bulletin, 2017 edition. The data were collected on the four agriculture sub-sectors which include: crop production, fishing, forestry and livestock (being the independent variables) and on consumer price index (dependent variable) used as proxy for consumption expenditure. The Ordinary Least Squares (OLS) method of multiple regression analysis was used to analyze the data. The findings revealed that crop production and livestock farming have significant positive impact on consumption expenditure while fishing had insignificant negative impact, then forestry had significant negative impact on CPI. The implication is that fishing and forestry farming require more investment to contribute positively to the Nigerian economy. Therefore, the study has suggested among others that the government should provide adequate funding for agriculture sub-sectors through access to bank facilities with less difficulty on the part of the farmers.
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Osabohien, Romanus, Adesola Afolabi, and Abigail Godwin. "An Econometric Analysis of Food Security and Agricultural Credit Facilities in Nigeria." Open Agriculture Journal 12, no. 1 (October 31, 2018): 227–39. http://dx.doi.org/10.2174/1874331501812010227.
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Background:It is a known fact that the efficiency of credit facility positively contributes to production base of a sector, especially the Nigerian agricultural sector which is recognised as the heartbeat of the economy by employing over 70% of the country’s labour force; this forms the motivation for this study.Objective:This study examined the potential of agricultural credit facilities in terms of commercial bank credit to agriculture and agricultural credit guarantee scheme fund (ACGSF) and their corresponding interest rates to farmers towards increasing agricultural production as the pathway to food security in Nigeria.Method:The study employed the Autoregressive Distribution Lag (ARDL) econometric approach on the time series data sourced from the Central Bank of Nigeria (CBN) statistical bulletin, Food and Agriculture Organisation (FAO) and the World Development Indicators (WDI) for the period 1990-2016.Result:The result from ARDL showed that commercial banks credits and ACGSF increased food security by 8.12% and 0.002% respectively, while population reduces food security by 0.001%.Conclusion:The study concluded that population should be controlled through family planning and adequate financing of the ACFSF by the government and monitor commercial banks leading interest rates on credit facilities.
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George-Anokwuru, Chioma Chidinma. "Deposit Money Banks’ Credit and Agricultural Output in Nigeria." Journal of Economics and Management Sciences 1, no. 1 (June 30, 2018): p230. http://dx.doi.org/10.30560/jems.v1n1p230.
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Agriculture was the mainstay of the Nigerian economy before the period of oil boom. But after the oil boom, growth and development in agriculture has been constrained by high interest rate by deposit money banks as well as in ability to access credit or loan by farmers. This scenario led to increase in unemployment, poverty and food shortage. Given these problems, the paper examined deposit money banks’ credit and agricultural sector output in Nigeria from 1985-2015. To this effect, secondary data on agricultural sector output, deposit money bank’s credit to agricultural sector, interest rate and money supply was collected from Central Bank of Nigeria Statistical Bulletin. The data collected was analyzed by the econometrics techniques of Augmented Dickey Fuller unit root test, co-integration test and parsimonious Error Correction Model. The unit root and co-integration tests show that all the variables were stationary and co-integrated. The parsimonious Error Correction Model results show that the regression coefficient of deposit money bank’s credit to agricultural sector in explaining its contribution to agricultural output is positive and statistically significant at 5 percent level. The regression coefficient of interest rate appeared with negative sign but statistically not significant. Also, the coefficient of money supply is positive and significantly related with agricultural output. Based on these findings, the paper recommends amongst others that; there should be continuity and consistency of macroeconomic policy measures in the agricultural sector especially in the area of sectorial allocation of credit as well as single digit interest rate target. Also, government should domesticate Food and Agriculture O’s recommendation of 25 percent of capital allocation to agricultural development in order to increase the agricultural production and hence economic growth and development.
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Shehu, Sani, and Mohd Afandi Salleh. "NECESSITATING FACTORS TO NIGERIAN FAILURE ON PALM OIL." Asian People Journal (APJ) 3, no. 2 (October 31, 2020): 36–42. http://dx.doi.org/10.37231/apj.2020.3.2.166.
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The oil palm tree, is originally a native crop of the tropical forest of West Africa. Palm oil trade emergedduring the British Industrial Revolution, whereby it was used for machines lubrication. Nigeria is among thefew places where the fruit was first discovered before the 14th century. Palm oil serves as the main vegetableoil produced globally, generating almost 60% of international trade in vegetable oils. In 1960s, Nigeria wasthe largest palm oil-producing and exporting country in the world. This accounted for forty-three percent ofentire palm oil global production, but the production entirely declined as a result of other factors that causedslow growth in palm oil production, while the domestic consumption has increased. Now it produces ameagre 1.7 percent of total world production which is insufficient for local consumption. Nigeria lost itsposition to Malaysia and Indonesia. Nigeria currently does not export palm oil, but it imports it fromMalaysia and Indonesia due to the local shortfall. The objective of this paper, explores the necessitatingfactors to Nigerian failure on palm oil, the paper is a qualitative research, it has adopted document analysis,the findings of the paper are the necessitating factors that led to the Nigerian failure on palm oil whichinclude; oil boom and decline in agriculture, civil war, traditional system of palm oil production, inconclusion, these factors are the failure to Nigerian palm oil production.
Keywords: Nigerian Background, Oil Palm, Palm Oil, Necessitating Factors
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Onyebinama, U. A. U., and I. C. Onyebinama. "Extension Education and Entrepreneurship Development in Nigerian Agriculture." Agricultural Journal 5, no. 2 (February 1, 2010): 63–69. http://dx.doi.org/10.3923/aj.2010.63.69.
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Ugwoke, Ben Uwadum. "Promoting Nigerian agriculture through library and information services." International Journal of Information Management 33, no. 3 (June 2013): 564–66. http://dx.doi.org/10.1016/j.ijinfomgt.2013.02.002.
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Oduwole, A. A. "Impact of Internet Use on Agricultural Research Outputs in Nigerian Universities of Agriculture." Library Hi Tech News 21, no. 6 (July 2004): 12–15. http://dx.doi.org/10.1108/07419050410554843.
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Ibrahim, Nura, and Shafi’u Abubakar Kurfi. "An Assessment of Compliance with Disclosure Requirements of IAS 41 (Agriculture) By Listed Agricultural Firms in Nigeria." American International Journal of Agricultural Studies 2, no. 1 (June 24, 2019): 9–18. http://dx.doi.org/10.46545/aijas.v2i1.95.
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This study examined the extent of compliance with disclosure requirements of IAS 41 by agricultural companies listed on the Nigerian Stock Exchange (NSE) for the period of 5 years (2013-2017). The data for the study were obtained from the published financial statements of the sampled firms for the period under review from which a compliance index were constructed, The tools for analysis used were the qualitative grading using a compliance index and the one way ANOVA purposely to test the hypotheses proposed. The study observed that three out of the four Companies achieved more than 70% with overall mean scores of 76.02%. This shows that majority of the agricultural firms in Nigeria strongly complied with the disclosure requirements of IAS 41. Based on the findings the study recommends among others that firms should strive at all times to comply with all regulatory and statutory requirement in the preparation and presentation of financial statements, giving the fact that it is a set of documents that prescribe the performance of the reporting entity. The Financial Reporting Council of Nigeria should publish annually the compliance status of all listed firms in Nigeria; so that the compliance status of every firm will become known to all interested users of financial statements; and also the Council should urge external auditors of firms to ensure that their clients are complying with the requirements of IASs issued by the International Accounting Standards Board (IASB).
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Igudia, Patrick Ohunmah. "A Qualitative Analysis of the Agricultural Policy Dynamics and the Nigerian Economy : 1960-2015." European Scientific Journal, ESJ 13, no. 34 (December 31, 2017): 284. http://dx.doi.org/10.19044/esj.2017.v13n34p284.
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Historically, the agricultural sector constitutes one of the most important sectors of most countries including the highly industrialised ones like the USA, Japan, and England. In Nigeria, agriculture has been the engine of growth of its economy. However, this role has not been optimally exploited by successive administrations to develop strategic growth path for Nigeria as has been achieved by the aforementioned industrialised countries and some emerging ones like China and Brazil. Nigeria has a rich agricultural resource endowment and an avalanche of laudable agricultural policies that could turn her into an industrialised economy and reduce the incidence of poverty. The last in the series of laudable agricultural policies meant to entrench Nigeria’s economic growth within the agricultural framework was the transformation agenda. The agricultural transformation agenda of the last administration (2011-2015) was intended to re-enact once again agriculture as the main driver of Nigeria’s economic growth as in the 1960s and 1970s. Earlier attempts underperformed due principally to the ineffective implementation or complete abandonment of such policies. The result has been a fall in foreign exchange earnings, low GDP level and lack of sectoral linkages. This study made several recommendations including the need for a consistent increase in government budgetary allocation to the sector so as to redress this enigma and bring back the old post-independence glory of the sector.
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SA’AD, Suleiman, and Muhammed Hamisu YAU. "Oil Resource Curse Syndrome: Empirical Evidence from Nigeria." Nile Journal of Business and Economics 2, no. 2 (May 5, 2016): 17. http://dx.doi.org/10.20321/nilejbe.v2i2.50.
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<p>The paper investigates the natural resource curse hypotheses in oil – rich Nigeria. The study used time series data on real GDP, contribution of oil rents, contribution of agriculture and manufacturing in real GDP as well as exchange rates and FDI. The VAR models are employed to estimate the relationships, the result of the study is consistent with previous studies for Nigeria. However, empirical evidence suggests that the was an elements of Dutch disease syndrome in the Nigerian economy during the last four decades which can be attributed to internal factors such as policy failure and corruption rather than the happenings in the international oil markets. We conclude that surge in oil revenues led to distortions in growth path of the Nigerian economy, before the discovery of oil, Nigeria was at par with some middle income OECD and high income developing countries, but four decades after the discovery of oil, Nigeria was pushed back behind all those countries; therefore, the study did not out rightly conclude that oil did contribute positively to growth of Nigerian economy, but it distorted the workings of the economy by encouraging non-coherent policies and unsustainable spending as well as large scale corruption and struggle for oil rents among the political class which cast a big question as to whether oil is a blessing or a curse in Nigeria. </p>
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Eburajolo, Courage Ose, and Leonard Nosa Aisien. "IMPACT OF COMMERCIAL BANKS’ CREDIT TO THE REAL SECTOR ON ECONOMIC GROWTH IN NIGERIA." Oradea Journal of Business and Economics 4, no. 1 (March 2019): 38–46. http://dx.doi.org/10.47535/1991ojbe058.
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The study examined the effect of commercial bank sectorial credit to the manufacturing and agricultural sub-sectors on economic growth in Nigeria with time series data from 1981 to 2015, using co-integration and error correction mechanism for the empirical work. A three equation model was specified to analyze this study, and the variables include; real GDP, bank sectorial credit to manufacturing and agriculture subsectors, monetary policy rate, financial market development, sourced from CBN statistical bulletin and also the interaction variables. The variables were tested for unit root using the Augmented Dickey Fuller approach and were found to be stationary. The empirical result revealed that commercial bank credit to the manufacturing and agricultural subsectors significantly affects economic growth in Nigeria both in the short run and in the long run. Furthermore, development of the financial sector enhances the growth effects of commercial banks credit to the manufacturing and agricultural subsectors of the economy. It was therefore recommended that the Nigerian apex financial authorities should encourage banks via deliberate policy to increase credits to these subsectors of the economy.
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Uddin, Irenonsen Oyaimare, Edwin Mbadiwe Igbokwe, and Jane M. Chah. "Challenges of Prison Farm Management in Nigeria." Kriminologija & socijalna integracija 28, no. 1 (June 30, 2020): 2–10. http://dx.doi.org/10.31299/ksi.28.1.1.
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This paper focuses on challenges of prison farm management in Nigeria. The empirical results are based on a qualitative and quantitative survey of 54 inmates and 17 prison officers in Ibite-Olo and Ozalla prison farms in Enugu and Edo States of Nigeria respectively. The findings show that the prison farms under study had collaboration with partner agencies such as the federal ministry of agriculture (57.9%), agricultural extension agents (47.4%), agricultural research institutes (42.1%) and NGOs (36.8%), among others. The necessary support from partner agencies covered the following: financial aid (78.9%) and sales/maintenance of farm machinery and implements (68.4%). Furthermore, inmates and prison officers stated the challenges hindering effective running of prison farms’ agricultural activities, including: inadequate funding, lack of physical infrastructure, inadequate farm equipment and poor storage facilities. The findings support the conclusion that the Nigerian Prison Service should make an upward review in its budgetary allocation to prison farms to enhance service delivery and inmate reformation, alongside provision of adequate infrastructure, equipment and farm inputs.
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Alabi, O., O. O. Banwo, and S. O. Alabi. "Crop pest management and food security in Nigerian agriculture." Archives Of Phytopathology And Plant Protection 39, no. 6 (December 2006): 457–64. http://dx.doi.org/10.1080/03235400500383693.
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Akinola, Amos A. "Prospects and problems for foreign investment in Nigerian agriculture." Agricultural Administration and Extension 24, no. 4 (January 1987): 223–32. http://dx.doi.org/10.1016/0269-7475(87)90094-8.
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Bosello, Francesco, Lorenza Campagnolo, Raffaello Cervigni, and Fabio Eboli. "Climate Change and Adaptation: The Case of Nigerian Agriculture." Environmental and Resource Economics 69, no. 4 (January 18, 2017): 787–810. http://dx.doi.org/10.1007/s10640-016-0105-4.
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Abiodun Okunlola, Funso, Godswill Osagie Osuma, and Alexander Ehimare Omankhanlen. "Has Nigerian agricultural output spurred economic growth: the financing gap model using stepwise regression." Investment Management and Financial Innovations 16, no. 3 (September 5, 2019): 157–66. http://dx.doi.org/10.21511/imfi.16(3).2019.15.
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This study examined if the Nigerian agricultural output has spurred economic growth and the best fit agricultural financing gap model for growing the economy. The study explored the dynamics of different technicality approach that stepwise regression has to offer. From the seven baskets of predictors – agricultural guaranteed finance to oil palm, cocoa, groundnuts, fishery, poultry, cattle, roots and tubers – the step fitted three predictors: roots and tubers, cocoa and poultry based on “a b” parameter with the highest “t-stats” and significant p-value and subsequently executed the model using stepwise regression analysis with the help of Statistical Package for Social Sciences (SPSS) version 23. The dataset covers a thirty-six year period from 1981 to 2017. The source of the data is from the Central Bank of Nigeria 2018 statistical bulletin. The findings showed that individually, root and tubers has the most contributory impact on economic growth with 81 percent. Jointly followed is cocoa at 87 percent and poultry at 90 percent. The study thus recommends a comparative cost advantage to financing agriculture with the most impactful contribution to economic growth based on the model.
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Che, Ferdinand Ndifor, Kenneth David Strang, and Narasimha Rao Vajjhala. "Voice of farmers in the agriculture crisis in North-East Nigeria." International Journal of Development Issues 19, no. 1 (January 10, 2020): 43–61. http://dx.doi.org/10.1108/ijdi-08-2019-0136.
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Purpose The purpose of this study is to uncover ground truth insights underlying the agriculture crisis from the perspectives of rural farmers in North-East Nigeria. The needs of individual farmers are otherwise not adequately reflected in national or regional economic development strategies. Design/methodology/approach A unique sequential mixed-methods research design was adopted for this study. A grounded theory approach was used for the literature review followed by a consensual qualitative research (CQR) technique. Data were collected through a semi-structured sense-making focus group (FG) held at a field site with agricultural extension workers. The CQR technique included brainstorming, the nominal group technique, open discussions, sense-making and consensual agreement on the most important ideas. The FG sense-making was recorded, and discourse analysis was conducted to develop thematic concept maps using NVivo software. Findings Agriculture crisis ground truth insight themes were consistent with the extant literature but several different issues were also found. Rural farmers in North-East Nigeria have significant challenges with government support in six core areas, namely, farm input quality and dissemination, fair input subsidization, training, market facilitation, corruption and insecurity. Research limitations/implications The target population of this study was rural farmers in Adamawa State, North-East Nigeria. A relatively small sample of 16 agricultural extension workers – very experienced farmers who also act as mentors and are paid incentives by the government for doing so – was used. Practical implications In tackling the agriculture crisis in Nigeria, policymakers will do well to recognize the realities that the rural farmers face and their needs, the government must address the areas highlighted in this study where support for farmers lacks and urgently review the current process of farm inputs dissemination. Originality/value Agriculture crisis problems were explored from the perspectives of rural North-East Nigerian farmers, who have not been previously sampled due to cultural, language, literacy and schedule constraints. The extension workers were better able to communicate agriculture crisis insights in modern economic planning terminology because they are well-educated farmers, knowledgeable about the problems due to their field experience and because they have more flexible work schedules. A unique sequential mixed-methods constructivist research design was used with an embedded CQR technique, which would be of interest to scholars and research institutions.
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Olalekan, David, Oladipo, Noah, Oluwashina Afees, and Agbalajobi, Sunday Ayodele. "An Empirical Analysis of the Contribution of Mining Sector to Economic Development in Nigeria." Khazar Journal of Humanities and Social Sciences 19, no. 1 (April 2016): 88–106. http://dx.doi.org/10.5782/2223-2621.2016.19.1.88.
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Nigeria is richly endowed with vast but largely untapped natural resources including solid minerals and arable land. Mining industries have been viewed as key drivers of economic growth and development process, as lead sectors that drive economic expansion which can lead to higher levels of social and economic well being. Contributions from mining as a percentage of GDP in rich countries are usually between 2-8 percent. In Nigeria, the contribution is still low at 0.15 percent, one of the major factors responsible for this is as a result of over dependence of the Nigerian economy on the proceeds from the sale of crude oil for over four decades which is at the expense of other sectors such as mining and agriculture that contributed significantly to the Nigerian economy before the emergence of crude oil. In the light of this, the study presents an empirical analysis of the contribution of mining sector to the economic development in Nigeria from 1960 to 2012. The study employed Error Correction Model (ECM) to examine the short run and long run effect of mining sector‟s contribution to Nigeria economic development. The study harnessed time series data to evaluate the impact of the specified key sectors; crude petroleum and gas, solid mineral, manufacturing and agriculture on the economic development proxied by per capita income. Equally highlighted are the problems militating against the mining sector in Nigeria and the strategies for its transformation of the economy. The finding revealed that the value of solid mineral have strong impact on economic development in Nigeria. Thus, Nigeria needs to urgently develop her monumental mining potentials in order to diversify her economy and to achieve rapid economic growth and development.
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Olusi, Janet. "Enhancing Female Participation in African Agricultural Transformation: The Nigerian Experience." Issue: A Journal of Opinion 25, no. 2 (1997): 12–15. http://dx.doi.org/10.1017/s0047160700502637.
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African agriculture needs to be transformed because of the persistent low productivity of the sector. Women play a major role in agriculture but are prevented from optimizing their performance due to socioeconomic factors such as lack of access to productive resources, deforestation, and air and water pollution. But the lack of women extension workers stands out as a major limitation. This paper highlights the plight of women farmers in Africa, using research results from Nigeria. Suggestions are made for improving female participation. These suggestions, the paper stresses, are viable only if the conditions of African women’s lives are improved. A careful implementation of these suggestions will hopefully transform African agriculture.