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Agricultural Financing Policies And Rural Development In Nigeria

Author

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

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.

Suggested Citation

  • Eze, Christopher C. & Lemchi, J.I. & Ugochukwu, Albert I. & Eze, V.C. & Awulonu, C.A.O. & Okon, A.X., 2010. "Agricultural Financing Policies And Rural Development In Nigeria," 84th Annual Conference, March 29-31, 2010, Edinburgh, Scotland 91677, Agricultural Economics Society.
    • Handle: RePEc:ags:aesc10:91677
    DOI: 10.22004/ag.econ.91677
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    References listed on IDEAS

    as
    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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    Citations

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    Cited by:

    1. Ekong, Christopher N. & Onye, Kenneth U., 2013. "Matching Credit with Season: An Issue for Non Performing Agricultural Loans in Nigeria," MPRA Paper 88306, University Library of Munich, Germany.
    2. Popogbe Oluwaseyi & Dauda Risikat, 2020. "Agriculture Financing and Growth Performance in Nigeria: Pre-2000 and Post-2000 Analyses," Romanian Economic Journal, Department of International Business and Economics from the Academy of Economic Studies Bucharest, vol. 23(75), pages 16-37, March.
    3. Apata Temidayo Gabriel, 2019. "Public spending mechanisms and gross domestic product (GDP) growth in the agricultural sector (1970–2016): Lessons for Nigeria from agricultural policy progressions in China," Bulletin of Geography. Socio-economic Series, Sciendo, vol. 44(44), pages 57-72, June.
    4. Adetunji Adeniyi, 2021. "Nigeria’s Bank of Agriculture: An Agenda for Organizational Renewal," Journal of Business Administration Research, Journal of Business Administration Research, Sciedu Press, vol. 10(1), pages 1-41, April.
    5. Anthony Orji & Jonathan E. Ogbuabor & Onyinye I. Anthony-Orji & Jennifer Nkechi Alisigwe, 2020. "Agricultural Financing and Agricultural Output Growth in Developing Economies: Any Causal Linkage in Nigeria?," International Journal of Finance, Insurance and Risk Management, International Journal of Finance, Insurance and Risk Management, vol. 10(2), pages 34-43.
    6. T. E. Ogunjobi & F. O. Oyewusi, 2016. "Media Resources Availability and Utilisation for Effective Publication Output by Agricultural Researchers in Southwestern Nigeria," Journal of Information & Knowledge Management (JIKM), World Scientific Publishing Co. Pte. Ltd., vol. 15(02), pages 1-20, June.
    7. Anthony Orji & Jonathan Emenike Ogbuabor & Jennifer Nkechi Alisigwe & Onyinye Imelda Anthony-Orji, 2021. "Agricultural Financing, Agricultural Output Growth and Employment Generation in Nigeria," European Journal of Business Science and Technology, Mendel University in Brno, Faculty of Business and Economics, vol. 7(1), pages 74-90.

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