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Effects of Agro-Allied Funding and Agricultural Productivity in Nigeria (PDF)

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Description

– Effects of Agro-Allied Funding and Agricultural Productivity in Nigeria (PDF) –

Download Effects of Agro-Allied Funding and Agricultural Productivity in Nigeria (PDF). Agriculture students who are writing their projects can get this material to aid their research work.

Abstract

This study examined the Effect of Agro-allied Funding and Agricultural Productivity in Nigeria. Three research hypotheses were formulated to guide and direct the study which is: (1)There is a significant relationship between Agro Funding and Agricultural productivity in Nigeria.

(2)There is no long-run relationship between agro-allied funding and agricultural productivity in Nigeria.(3)There is no significant relationship between agricultural credit guarantee scheme fund and agricultural productivity in Nigeria.

Data for the study was collected from the Central Bank of Nigeria Statistical bulletin. In a bid to answer the research questions, the study employed the ordinary least squares technique.

Introduction

Agricultural productivity is a measure of the amount of agricultural output produced for a given amount of inputs, such as an index of multiple outputs divided by an index of multiple inputs (e.g. the value of all farm outputs divided by the value of all farm inputs).

Also, Agro-allied funding can also be known as agricultural financing. According to Ugwuanyi (1999), Agricultural financing is the sourcing of funds and making it available for agricultural production and uses.

Agricultural financing Simply means the acquisition and utilization of funds for agricultural purposes.

The role of agriculture in any economy is indeed significant and requires no debate. It is the most dominant sector and indeed a major source of livelihood for its citizens (Ijaiya & Abdulaheem, 2000).

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