Select Currency
Translate this page

A STATISTICAL STUDY ON THE EFFECTS OF AGRICULTURAL LOAN ON FARMING ACTIVITIES IN NIGERIA

Format: MS WORD  |  Chapter: 1-5  |  Pages: 63  |  5994 Users found this project useful  |  Price NGN5,000

  DOWNLOAD THE FULL PROJECT

A STATISTICAL STUDY ON THE EFFECTS OF AGRICULTURAL LOAN ON FARMING ACTIVITIES IN NIGERIA

 

CHAPTER ONE

INTRODUCTION

1.1   BACKGROUND OF THE STUDY

Since the discovery of crude oil in Nigeria, farming activities has had its fare share of inconsistencies and relegation. Agriculture is a very important sector of Nigeria’s economy. Its role in economic development cannot be over emphasized; umar 2014 opined that between 1960-1976 alone, agriculture accounted for 40 to 60 percent of the national income and about 50 to 80 percent of the labour force is engaged in agricultural production. Agriculture has some major roles to play in Nigeria’s economic development. These are, to increase the supply of food for domestic consumption and export and to create more jobs. Despite the crucial roles of agriculture in the country’s economy, agriculture has had its fair share of problems which has led to the decline and poor performance in agricultural sector. The cardinal problem is the lack of adequate funding.

Agricultural activities in Nigeria have undergone a constant decline this is as a result of more financing by government and other corporate organizations like commercial banks. Efforts have been made by previous governments in Nigeria to resuscitate agriculture activities in Nigeria by making provisions for loans so that agriculturists a vast majority of them being average Nigerians can have access to these loans to improve their production base and employ labour. Agricultural financing in Nigeria has proven to be fairly successful when it comes to getting these funds to the actual rural farmers who are in dare need of this assistance. The effect of adequate agricultural loan on agricultural activities cannot be over emphasized. For agricultural loan system to be effective again a lot of things have to be gotten right. Agricultural loan is considered as a catalyst that activates other factors of production and makes under-used capacities functional for increased production (Ijere, 2014). Thus  agricultural loan plays an important role in agricultural and rural development as it enables farmers reap economies of scale, venture into new fields of production, employ new technologies and empower them to provide utilities for a widening market.

1.1   Statement of General Problem

In a developing country like Nigeria, they’ve not been a defined way of properly financing agricultural activities; this is because most of these farmers are rural dwellers. Another problem is the challenges faced by these farmers in accessing these loans from government since most of them are peasant. A Major problem leading us to this research is to know the percentage of success recorded in assistance of farmers especially those ones in the villages with loans. An equally major problem is to know if increased agricultural loan assistance would actually end unemployment and increase productivity.

1.2. Aims and Objectives of the study

The chief objective or aim of this study is to know the level of success recorded in assisting rural farmers to increase productivity.

i.  To know the difficulties encountered by those farmers in assessing these loans

ii.  To know which institutions have been really supportive in assisting the farmers to increase productivity.

iii.  To know if increased assistance would mean increase in employment and productivity.

iv.  To know if there is a relationship between agricultural credit or loan and the level of productivity in Nigeria. We are also interested in knowing the nature of this relationship if any.

v.  To know if there is equally a relationship between agricultural loan and the employment level in Nigeria. The nature of this relationship (if any) is also important to us.

1.3. Significance of the study

A major significance of this study is to know the level of success in assisting farmers in the rural areas. Another significance of the study is to know if there is a relationship between increased governments financial assistance and the level of their productivity. The following are the other significances of this study:

a) How are loans disbursed?

b) What are the causes and effects of default in loan repayment?

c) What methods have the bank developed in recovering their loans?

d) What are the problems faced by farmers in obtaining this loans and what is their attitude towards repayment?

e) Do farmers generally like assessing these loans?

f) To know how successful agricultural financing has been in recent years and reasons.

g) Does adequate agricultural funding increase employment?

h) how does agricultural loans increase farming activities.

1.4. Scope and limitation of the study

This study is basically on the effect of agricultural loan on farming activities in Nigeria a case study of ohaofia local government area of Abia state. Another scope of the study is to know how agricultural loan in Nigeria has a relationship to employment and finally to know the level of satisfaction of the end users of this loans.

Limitations

It is pertinent to mention the limitations of this research work, chief among the limitations is the difficulty in administering the questionnaire in ohaofia local government area, respondents response wasn’t as expected in that they were some information required that weren’t given. Notwithstanding, in the highlighted limitation above, it is hoped that this research will be useful to the Nigerian government, its citizens, farmers and agricultural organizations that may be interested in this work.

1.5. Definition of terms

Loan: Money that an organization such as a bank lends and somebody or group of people borrows.

Agriculture: The science or practice of farming.

1.6. Research Hypotheses

The research hypotheses are as follows:

HYPOTHESIS 1

H0: There is no significant relationship between agricultural loan system and employment level in Nigeria

H1: There is a significant relationship between agricultural loan system and employment level in Nigeria

HYPOTHESIS 2

H0: There is no significant relationship between agricultural loan system and agricultural output in Nigeria.

H1: There is significant relationship between agricultural loan system and agricultural output in Nigeria.

HYPOTHESIS 3

H0: There is no significant relationship between agricultural loan system and farming activities in Nigeria.

H1: There is significant relationship between agricultural loan system and farming activities in Nigeria.

  DOWNLOAD THE FULL PROJECT

A STATISTICAL STUDY ON THE EFFECTS OF AGRICULTURAL LOAN ON FARMING ACTIVITIES 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 A STATISTICAL STUDY ON THE EFFECTS OF AGRICULTURAL LOAN ON FARMING ACTIVITIES 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

Abubakar Iliyasu Hashim
Federal college of education pankshin affiliated to university of jos
I am highly impressed with your unquantifiable efforts for the leaners, more grace to your elbow.I will inform my colleagues about your website.
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
Ibrahim Muhammad Muhammad
Usmanu danfodiyo university, sokoto
It's a site that give researcher student's to gain access work,easier,affordable and understandable. I appreciate the iproject master teams for making my project work fast and available .I will surely,recommend this site to my friends.thanks a lot..!
Excellent
Joseph M. Yohanna
Thanks a lot, am really grateful and will surely tell my friends about your website.
Excellent
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
Gbadamosi Solomon Oluwabunmi
Lasu
Swift delivery within 9 minutes of payment. Thank you project master
Excellent
Peace From Unilag
I cried not knowing how to go about my project but the day i searched online and saw iprojectmaster, i called and got my full project in less than 15minutes, i was shocked!
Excellent
Temitayo Ayodele
Obafemi Awolowo University
My friend told me about iprojectmaster website, I doubted her until I saw her download her full project instantly, I tried mine too and got it instantly, right now, am telling everyone in my school about iprojectmaster.com, no one has to suffer any more writing their project. Thank you for making life easy for me and my fellow students... Keep up the good work
Very Good
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
Adam Alhassan Yakubu
UDS
Excellent work and delivery , I promise to share my testimonies everyone in need of this kind of work. You're the best
Excellent

FREQUENTLY ASKED QUESTIONS

How do I get this complete project on A STATISTICAL STUDY ON THE EFFECTS OF AGRICULTURAL LOAN ON FARMING ACTIVITIES 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 A STATISTICAL STUDY ON THE EFFECTS OF AGRICULTURAL LOAN ON FARMING ACTIVITIES 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 A STATISTICAL STUDY ON THE EFFECTS OF AGRICULTURAL LOAN ON FARMING ACTIVITIES 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!