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Article
Publication date: 20 September 2019

Joseph Ikechukwu Uduji, Elda Nduka Okolo-Obasi and Simplice Anutecia Asongu

The purpose of this paper is to critically examine the impact of a growth enhancement support scheme (GESS) on the enabling environment of smallholder farmers in sub-Saharan…

Abstract

Purpose

The purpose of this paper is to critically examine the impact of a growth enhancement support scheme (GESS) on the enabling environment of smallholder farmers in sub-Saharan Africa. The main aim is to investigate the impact of the GESS on access to rural farm credit and the transport cost of smallholder farmers in the agricultural transformation agenda (ATA) in Nigeria.

Design/methodology/approach

This paper adopts a survey research technique, aimed at gathering information from a representative sample of the population, as it is essentially cross-sectional, describing and interpreting the current situation. A total of 1,200 were sampled across the six geopolitical zones of Nigeria.

Findings

The results from the use of a double-hurdle model indicate that the GESS has a significant impact on farmers’ access to credit, but does not significantly impact on rural farm transport cost, which subsequently influences the price of food in the country.

Practical implications

This implies that if the Federal Government of Nigeria is to work toward an ideal agricultural transformation agenda, transport networks should be closely aligned with the GESS priorities to provide connectivity to rural areas that provide most of the country’s agricultural output.

Originality/value

This research adds to the literature on the agricultural and rural development debate in developing countries. It concludes that embracing a rural finance and transportation infrastructure should form the foundation of the ATA in Nigeria, which, in turn, would provide a conducive environment for a more widespread rural economy in sub-Saharan Africa.

Article
Publication date: 16 March 2020

Michael Oluwaseun Olomu, Moses Clinton Ekperiware and Taiwo Akinlo

This paper systematically reviewed the contributions of the recent Nigerian government agricultural policies and the impacts on the agricultural value chain system in line with…

Abstract

Purpose

This paper systematically reviewed the contributions of the recent Nigerian government agricultural policies and the impacts on the agricultural value chain system in line with the structural transformation of the sector and the Nigeria's vision 20:2020. The study also suggest strategies to upgrading various segments of the agricultural value chain and argue that Nigeria's agricultural sector requires huge investments and innovative ideas to increase production and create value addition across the most profitable areas of the value chain.

Design/methodology/approach

The authors systematically present evidences and data from the Central Bank of Nigeria (the apex monetary authority of Nigeria) and Nigerian Bureau of Statistics (oversees and publishes statistics for Nigeria) to estimate the impact of Government agricultural policies on the value chains system.

Findings

The study discovers that the various recent government policy interventions to tackle the austere challenges in the agricultural sector are yet to yield much significant solution. Given to the dwindling performance of the sector, the Nigerian agricultural value chain is somewhat affected with systemic and services gaps which underpin the market failures (missing markets and weak markets), although the agricultural value chain has the potential of triggering economic growth in a higher scale with a trickle-down effect to other sectors of the Nigerian economy.

Practical implications

Overall, the findings indicate strategies to upgrading the production and processing segments of the agricultural value chain and argues that Nigeria's agricultural sector requires huge investments and innovative ideas to increase production and create value addition across the most profitable areas of the value chain.

Social implications

The study proves that enhancing value addition in the agricultural sector is imperative to achieving triple-benefits of increasing productivity by building resilient systems that leverage on finance opportunities, deepening economic inclusive growth and achieving great milestones.

Originality/value

This study is the first attempt to focus on agricultural value chain system in line with the structural transformation and the Nigeria's vision 20:2020.

Details

African Journal of Economic and Management Studies, vol. 11 no. 3
Type: Research Article
ISSN: 2040-0705

Keywords

Article
Publication date: 1 February 2021

Joseph Ikechukwu Uduji, Elda Nduka Okolo-Obasi and Simplice Anutechia Asongu

The purpose of this paper is to critically examine the impact of a growth enhancement support scheme (GESS) on youth development in informal farm entrepreneurship in Nigeria. Its…

Abstract

Purpose

The purpose of this paper is to critically examine the impact of a growth enhancement support scheme (GESS) on youth development in informal farm entrepreneurship in Nigeria. Its special focus is to investigate the impact of the GESS on rural youths’ adoption of new technologies needed to sustainably increase food security in Nigeria.

Design/methodology/approach

This paper adopts a survey research technique, aimed at gathering information from a representative sample of the population, as it is essentially cross-sectional, describing and interpreting the current situation. A total of 800 rural youths were sampled across the six geopolitical zones of Nigeria.

Findings

The result from the use of a bivariate probit model indicates that the GESS has a significant impact on rural youths’ innovations in farming.

Practical implications

This suggests that information and communication technology could provide new opportunities for making farming more interesting and enterprising for rural young people.

Social implications

It implies that while old male and female farmers are less likely to adopt the new farming technologies needed to achieve Nigeria’s agricultural transformation agenda (ATA), a younger generation can help introduce new technologies, while also learning from traditional methods.

Originality/value

This research adds to the literature on informal farm entrepreneurship and rural communities’ debate in developing countries. It concludes that engaging youths in GESS should form the foundation of the ATA in Nigeria, which, in turn, would offer adequate combination of new and traditional solution to address the challenges of food insecurity in Sub-Saharan Africa.

Details

Journal of Enterprising Communities: People and Places in the Global Economy, vol. 15 no. 3
Type: Research Article
ISSN: 1750-6204

Keywords

Expert briefing
Publication date: 6 January 2015

The outlook for Nigeria's agricultural sector.

Details

DOI: 10.1108/OXAN-DB195819

ISSN: 2633-304X

Keywords

Geographic
Topical
Article
Publication date: 9 September 2021

Nazir Muhammad Abdullahi, Qiangqiang Zhang, Saleh Shahriar, Sokvibol Kea and Xuexi Huo

This paper aims to derive the time-varying relative export competitiveness (REC) of the Nigerian cocoa sector against Nigeria’s share of world agricultural exports (REC_WA) and…

Abstract

Purpose

This paper aims to derive the time-varying relative export competitiveness (REC) of the Nigerian cocoa sector against Nigeria’s share of world agricultural exports (REC_WA) and world merchandise exports (REC_WM) from 1995 to 2018. By concentrating on different factors such as demand and supply capacity, price factors and exchange rate, the authors examine the determinants of REC.

Design/methodology/approach

The authors calculated three different REC indexes. The authors also developed the relative symmetric export competitiveness index for comparative advantage calculation and avoiding the possible bias. The determinants of REC for Nigerian cocoa were captured using the short-run regression (SRR) model.

Findings

The study showed that Nigeria’s cocoa exports are still competitive despite experiencing some declining stages. Based on the SRR model, higher per capita income had a positive effect on the REC, while higher domestic prices significantly reduced the REC of cocoa. Further, the African Growth Opportunity Act agreement adversely affected the REC of cocoa.

Originality/value

This study provides a foundation for future research and enhances the literature on agricultural trade. This research makes a few contributions both from a scientific and a policy perspective. First, it is the first study on the REC analysis for the Nigerian cocoa industry. Second, a wide range of comparisons of REC among the world’s largest cocoa exporters was provided following implications of the various economic policies and local policy strategies. Third, the latest 24-year data sets were covered.

Article
Publication date: 30 July 2021

Lukman Raimi, Rabiu Olowo and Morufu Shokunbi

The growing adoption of sustainable finance for inclusive agribusiness requires a cross-country comparison. In this paper, a comparative discourse of sustainable finance (SF…

Abstract

Purpose

The growing adoption of sustainable finance for inclusive agribusiness requires a cross-country comparison. In this paper, a comparative discourse of sustainable finance (SF) options for agribusiness transformation in Nigeria and Brunei is attempted; as well as examining the implications on entrepreneurship and enterprise development in both countries.

Design/methodology/approach

A mixed research method was adopted for this cross-country comparative analysis. To gain deeper insight into agribusiness and SF, the authors sourced the required data from scholarly articles, texts, World Bank data (2000–2016), national policy documents, working papers, national development plan reports, and other online resources on agribusiness and SF. The authors adopted mixed data (non-numeric and numeric data) because they allow for combining content analysis and secondary data in quantitative analysis (Williams and Shepherd, 2017). This mixed method approach follows a three-stage, namely: Data sourcing, Data development and conversion and Data analysis.

Findings

This discourse based on the mixed data produced four findings. Firstly, it was found that both countries have different statuses in the agribusiness sector, but Brunei had better growth performance in the crop, food, livestock, cereal production indices compared to Nigeria. Secondly, the challenges facing agribusiness in both countries include inadequate funding, misuse/mismanagement of land resources, deployment of extractive farming practices, application of ozone-depleting chemicals and pesticides among others have harmed the vegetation, the farmland, and the chemistry of the ocean resulting in low productivity. Thirdly, the SF options that are suitable for agribusiness transformation are green loans, green bonds, green credit, green investment funds, green mortgage scheme and other green financial support instruments given mostly as grants, subsidies and tax reliefs. The key guidelines for entrepreneurs seeking SF options for agribusiness are Principles 2, 4, 5, 6, 8, 9 and 10 of the EPs.

Research limitations/implications

The main limitation of the study is that the analysis and interpretation of the findings are based on descriptive statistics. However, future research should consider using rigorous econometric tests such as the Co-Integration Test, Test of Causality and Inferential Statistics that would enhance stronger generalisation and prediction.

Practical implications

The practical implication is that agribusiness transformation through sustainable finance options (SFOs) would bring about a structural change from the current subsistence agricultural practices to large-scale agriculture practices characterised by the deployment of agricultural information systems (AGRIS), precision agriculture and agricultural technologies. Flowing from the first implication, the nexus between agribusiness and SFOs will systematically improve agricultural productivity in the areas of crop production, fishing, livestock and forestry in both countries. Thirdly, an improved agribusiness would boost food production and availability thereby mitigating the rising trends in food insecurity, food inflation, food poverty, and ultimately will help actualize SDG 1(No poverty), SDG 2 (Zero Hunger), and SDG 3 (Good Health and Wellbeing).

Originality/value

The authors contribute to the literature on SF and agribusiness in emerging economies by identifying an inclusive strategy that matters for agribusiness transformation in high-income and low-income economies.

Details

World Journal of Science, Technology and Sustainable Development, vol. 18 no. 4
Type: Research Article
ISSN: 2042-5945

Keywords

Article
Publication date: 30 April 2020

Leonard Onyiriuba, E.U. Okoro Okoro and Godwin Imo Ibe

The purpose of this study is to identify and review strategic government policies on agricultural financing in Egypt, Morocco, Nigeria and South Africa. Four factors dictated the…

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Abstract

Purpose

The purpose of this study is to identify and review strategic government policies on agricultural financing in Egypt, Morocco, Nigeria and South Africa. Four factors dictated the choice of these countries. In the first place, the study is set in African emerging markets – and the four countries are the widely acknowledged emerging markets in Africa (Onyiriuba, 2015). Secondly, the spread of the countries, to a large extent, mirrors Africa in general – Egypt and Morocco are in North Africa; Nigeria is a West African country; and, of course, South Africa. Thirdly, other countries in Africa tend to look up to the four countries, apparently as the largest economies in their respective regions. Needless to say, Nigeria alternates with South Africa as the largest economy in Africa. In this capacity, the two countries influence – indeed, mirror – continental Africa's emerging economic progress. Fourthly, lessons from agricultural policy and financing experiences of the four countries will certainly be useful to the other African countries. The specific objective of this paper is to determine how the government seeks to address the financing issues attendant on the risk-laden nature of agriculture through policy interventions. With this end in view, the paper analyses the strategic goals, objectives and beneficiaries of the agriculture financing policies of the government, as well as the constraints on access to finance by the farmers and the policy response.

Design/methodology/approach

The study involves a review of empirical literature and government policies on agricultural financing in Egypt, Morocco, Nigeria and South Africa. The high risks in agriculture (Onyiriuba, 2015; Mordi, 1988), risk aversion behaviour of banks towards agricultural financing (Onyiriuba, 2015, 1990), and the reluctance of insurers to take on agricultural risks (World Bank, 2018; Federal Republic of Nigeria, 2016; Onyiriuba, 1990; Mordi, 1988) underpin this methodology. There are two other considerations: the needs to find out how government seeks to address the financing issues in agriculture through policy intervention, and to avoid unwieldy research, one that combines government and institutional policy perspectives on agriculture financing. Thus the study is not approached from the perspective of banks and other lending institutions; neither does it combine government and institutional policy perspectives. It rather focuses on government policy in order to properly situate implications of the findings.

Findings

The authorities seek to get rid of bottlenecks, ease participation and redress constraints on access to finance in agriculture through policy interventions as a means of sustainable economic growth. The findings are characteristic of emerging markets, rooted in the transitional challenge of opening economies, economic reforms and the March of progress. However, with agriculture and natural resources – rather than industrialisation – as the main stay of their economies, the African emerging markets face an uphill task in their development efforts. This is evident in the divergent and gloomy pictures in which the literature paints their agricultural economies.

Practical implications

Government should gear financing policies to boost output as a means of ensuring food security. It should address risk aversion tendencies among the lenders and feeble credit guarantee, subsidies and budgetary allocations to agriculture. This will ensure effective commitment of the lenders to agriculture and underpin agricultural insurance. However, it demands strengthening links in the chain of access to, and monitoring of, credit for agricultural production. A realistic policy response should target the rural economy – with youth, women and smallholder farmers as ultimate beneficiaries. These actions should be intensified as measures to boost farming and the rural economy.

Originality/value

Current literature fails to situate the empirical findings in emerging markets context, reflecting economies in transition. Besides, in its current state, the literature does not explicitly clarify that agriculture, like most other sectors in such economies, is bound to experience the observed financing constraints. Neither does it clearly reflect how and why the findings should be seen as fleeting realities of the March of progress in transitional economies. This study will help to fill the gap.

Details

Agricultural Finance Review, vol. 80 no. 4
Type: Research Article
ISSN: 0002-1466

Keywords

Article
Publication date: 16 August 2019

Fehintola Oyebola, Evans S. Osabuohien and Barnabas Olusegun Obasaju

The purpose of this paper is to investigate how the development of cattle value chain can influence employment creation and income of both cattle farmers and merchants. The study…

Abstract

Purpose

The purpose of this paper is to investigate how the development of cattle value chain can influence employment creation and income of both cattle farmers and merchants. The study focusses on cattle farmers in Lagos, Ogun and Oyo States where there are the largest cattle farms and live cattle merchants in Southern Nigeria.

Design/methodology/approach

It employs a research approach that uses key informant interviews and structured questionnaire in garnering needed information from cattle farms, abattoirs and merchant.

Findings

The results suggest that with some minimal supports, employment creation and income generation can be improved.

Originality/value

None of the reviewed empirical studies is specific to the cattle value chain in South Western Nigeria. Among other values, the study identifies employment and income opportunities in corporate and non-corporate farms in the cattle value chain in South Western Nigeria.

Details

African Journal of Economic and Management Studies, vol. 11 no. 2
Type: Research Article
ISSN: 2040-0705

Keywords

Article
Publication date: 24 September 2019

Abiodun Elijah Obayelu, Agatha Osivweneta Ogbe and Sarah E. Edewor

The purpose of this paper is threefold: to assess the gender gaps and the patterns of female workforce in agriculture; to examine the level of household decision making among the…

Abstract

Purpose

The purpose of this paper is threefold: to assess the gender gaps and the patterns of female workforce in agriculture; to examine the level of household decision making among the principal males and females in the household; and to estimate the time spent by the principal males and females in the household by activities in Nigeria.

Design/methodology/approach

The study made use of secondary data obtained from various sources such as published articles, research reports, unpublished discussion paper, policy documents, national and international databases (World Bank World Development Indicators, United Nations Development Programme and the ECOWAS-RAAF-PASANAO survey conducted in Nigeria in 2017), and position papers. The information gathered covers a range of empirical and conceptual issues relating to labour, share of women contributing to agriculture and other gender-related issues. The study covered 1,747 maize and/or rice producing households spread across 141 farming communities in 16 states in Nigeria using a multi-stage sampling technique.

Findings

It was interesting to note that an average male was older and had more educational qualification than their female counterparts. In the same vein, he owned more assets (virgin lands, other plots and buildings) when compared with their female counterparts and earned higher incomes from farming and other labour activities with the exception of trading. Furthermore, the result revealed females spent more time taking care of children, cooking and schooling than their male counterparts. It can therefore be concluded that a gender gap exists in agricultural labour participation with the males playing dominant roles as compared with their female counterparts. Analysis of women’s agricultural should not neglect the structural bases of their inequality.

Research limitations/implications

The study is limited by lack of enough data base on women’s and men’s engagement in labour force and on agricultural activities which can be analysed for policy formulation and implementation.

Social implications

The paper elucidates some of the possible social, economic and biological implications of changes in women’s work and their participation in agriculture in Nigeria.

Originality/value

The paper is original in nature and will add value to the integration of women into the development process in Nigeria.

Details

African Journal of Economic and Management Studies, vol. 11 no. 2
Type: Research Article
ISSN: 2040-0705

Keywords

Article
Publication date: 19 July 2024

Romanus Osabohien and Mamdouh Abdulaziz Saleh Al-Faryan

Though agriculture has the potential for job creation for the growing population; nevertheless, most Nigerian youth merely see the agricultural sector as a viable opportunity for…

Abstract

Purpose

Though agriculture has the potential for job creation for the growing population; nevertheless, most Nigerian youth merely see the agricultural sector as a viable opportunity for livelihood. In the quest for food security, as encapsulated in sustainable development goals (SDGs), youth participation in agriculture is essential to unlock the agricultural sector’s potential and ensure adequate food production.

Design/methodology/approach

This study examined the factors influencing youth involvement in agriculture and its impact on food security in Nigeria, using Ekiti and Kwara States. The study engaged a multi-stage random sampling approach. The first stage involved a purposeful selection of the states among youth in agriculture-related activities. The second stage involved randomly selecting five Local Government Areas (LGAs) from each state. The third stage involved a random selection of five communities in the selected LGAs, making it a total of 25 communities for each state. Finally, 20 households were selected per community. In total, 500 respondents were selected from each of the two states, making it a total of 1,000 respondents for the survey. The Foster-Greer-Thorbeck (FGT) analysis uses the logit regression and the Propensity Score Matching (PSM) techniques.

Findings

The results showed that a large proportion (about 95%) of the youth farmers in the study area fell below the food security line (N6448.45) and are food insecure. Findings from the PSM showed that youth in agriculture has no significant impact on food security. The findings from the logit regression showed that gender, age, level of education, land ownership, income, safety net or social protection and value chain are significant determinants of youth participation in agriculture.

Practical implications

This study contributes to the literature by examining the determinants of youth in agriculture and its impact on food security in Nigeria, using Ekiti and Kwara States, by engaging the FGT, logit regression and PSM.

Originality/value

This study contributes to the literature by examining the determinants of youth in agriculture and its impact on food security in Nigeria, using Ekiti and Kwara States, by engaging the FGT, logit regression and PSM.

Peer review

The peer review history for this article is available at: https://publons.com/publon/10.1108/IJSE-04-2021-0197

Details

International Journal of Social Economics, vol. ahead-of-print no. ahead-of-print
Type: Research Article
ISSN: 0306-8293

Keywords

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