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Agricultural Financing Policies And Rural Development In Nigeria

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  • Eze, Christopher C.
  • Lemchi, J.I.
  • Ugochukwu, Albert I.
  • Eze, V.C.
  • Awulonu, C.A.O.
  • Okon, A.X.
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    Abstract

    The study examined the agricultural financing policies of the government of Nigeria and effects on rural development .The study found that though the government has made serious efforts at making good agricultural policies through schemes, programmes and institutions, it has not been able to back them up with adequate budgetary allocation and financing coupled with corruption in the execution of the policies. It is recommended that for the government agricultural financing policies to achieve its target of rural development, Nigeria will need an adequate level of strategically targeted investment in agriculture, upgrade rural infrastructure, boost productivity, and increase competitiveness of the farm output, in addition to fighting corruption.

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    Bibliographic Info

    Paper provided by Agricultural Economics Society in its series 84th Annual Conference, March 29-31, 2010, Edinburgh, Scotland with number 91677.

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    Date of creation: 29 Mar 2010
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    Handle: RePEc:ags:aesc10:91677

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    Keywords: Agricultural financing; policies; institutions; rural; development; International Development;

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    1. Paul Winters & Alain De Janvry & Elisabeth Sadoulet & Kostas Stamoulis, 1998. "The role of agriculture in economic development: Visible and invisible surplus transfers," Journal of Development Studies, Taylor & Francis Journals, vol. 34(5), pages 71-97.
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