Nigeria: Positioning Rural Economy for Implementation of Sustainable Development Goals
Nigeria as nation has over the years engaged in lots of developmental activities without actions which makes achievements to elude the people. Development of societies doesn’t happen in the vacuum. Thus, the adoption of Structural Adjustment Program, SAP, by Nigeria leading to the neglect of the custom periodic National Plan at a time when Nigeria had no structure for development was the beginning of journey to widened inequality and large poverty incidence, depth and severity. To close the...
Role of Legislature in Sustainable Agricultural Development in Developing Nations: A Case Study of Nigeria
When continuity is lacked in the agricultural programs and policies of a developing nation, such nation cannot avoid to keep moving round a circle. Such nation’s agricultural sector will be full of activities without actions and achievements will elude such country. This study therefore reviewed some of the agricultural programs and policies in Nigeria, their failures and successes as well as reasons behind the failures and success vis-à-vis the recent agricultural development strategy of ...
Effect of Broadcast Digitalization on Agricultural Information Dissemination in Nigeria.
Broadcast digitalization with its enormous benefits to the broadcasting industry will improve the quality of content of programs delivered by television stations. Africa has a switchover date of June, 2017. For Nigerians to have access to television broadcast once the switch over is completed, they must purchase high definition television sets or the set-up box. The awareness among urban dwellers in Nigeria have resulted in households switching to receiving digital broadcast transmission by p...
EVALUATION OF EFFECTS OF AGRICULTURAL INSURANCE SCHEME ON AGRICULTURAL PRODUCTION IN ONDO STATE
This study was carried out to see how well the objectives of the Nigerian Agricultural Insurance Scheme had been achieved in Ondo State. Multi-stage sampling technique was used to select 120 insured farmers from two local government areas and a well-structured questionnaire was used to collect data from the farmers. The data collected were analyzed using descriptive statistics. The analysis shows that accessibility to credit was the only reason the farmers participated in the insurance s...
Long and Short Run Dynamics of Agricultural and Petroleum Sectors in the Economic Growth of Nigeria
This study examined the economic relationship among agriculture and petroleum sectors and growth of Nigeria’s economy as well as the effects of these two key sectors on the economic growth. The Bound (ARDL) test which was used to examine the long-run relationship among the variables revealed that there is a long-run relationship among agricultural and petroleum sectors and economic growth. In the short run, both sectors have positive significant relationship with the economic growth. While ...
LONG AND SHORT RUN DYNAMICS OF INSTITUTIONAL CREDIT AND PRODUCTIVITY IN AGRICULTURAL SECTOR: EVIDENCE FROM NIGERIA
This study examined the economic relationship between agricultural productivity and institutional agricultural credit in Nigeria. The two institutionalized credit sources are the commercial bank loans which were proxy as the private sector credit and the government owned Agricultural Credit Guarantee Scheme (ACGS) proxy as the public sector credit while the agriculture’s contribution to GDP was proxy as agricultural productivity. To estimate these dynamics, three different ARDL mode...
CAPITAL INVESTMENT: LUBRICANT OF THE ENGINE OF PRODUCTION PROCESS IN AGRICULTURAL SECTOR – EVIDENCE FROM NIGERIA
This study examined the effect of capital investment on the productivity of agricultural sphere of Nigeria. The productivity of the sector was proxy as the agriculture’s contribution to the GDP while commercial bank loan to agriculture, annual budgetary allocation to agricultural sector and various categories of ACGS loan scheme were proxy as investment frameworks. The data used for thus study were extracted from various bulletin of Central Bank of Nigeria and National Bureau of Stati...