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The Role Of Financial Institutions In Agricultural Development (1990-2010)
[A CASE STUDY OF NIGERIA AGRICULTURAL COOPERATIVE AND RURAL DEVELOPMENT BANK]
CHAPTER ONE -- [Total Page(s) 4]
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SIGNIFICANCE OF THE STUDY.
The
agricultural sector of the Nigeria economy like any other sector of the
economy cannot function without fund. Unlike the other sectors of the
economy, agricultural sector can guarantee repayment of loan borrowed or
collected only after a long period of time. This is because of the slow
nature of the production process.
However, this has acted as a
hindering factor to giving out loan to the agricultural sector by
financial institutions. If this continues in its current path, the
continuous lack of fund would lead to the eventual collapse of
agricultural activities.
The problem of lack of fund and credit
facilities in the agricultural sector has been chosen because the
persistent shortage of fund would lead to a fall in the production level
of the agricultural sector, the agricultural sector whose importance
cannot be over stated.
Nevertheless, there would be some
beneficiaries in this study which will include the government, financial
institutions, large and small scale farmers as well as the general
public.
STATEMENT OF THE RESEARCH HYPOTHESIS.
This study would be guided by the following hypothesis;
i. Ho: the agricultural down drain cannot be curbed through effective bank credit.
Hi : the agricultural down drain can be curbed through effective bank credit.
ii. Ho: bank credit and financial facilities are not made available by development bank to farmer.
Hi: bank credit and finance facilities are made available by development bank to farmers.
iii.
Ho: bank credit facilities have been ineffective due to their policies
formulated and not their implementations and utilization.
Hi: bank
credit facilities have been ineffective due to their improper
implementations and utilization and not due to the policies formulated.
SOURCES OF DATA.
For
this study, data and information from different sources would be
required to test the research hypotheses and solve the research problem.
Content that would be analyzed in the process of data generation
include books, newspapers, magazines, journals, minutes of meetings,
publication of any involved body as well as other media for recording
historical data. The sources listed above would provide primary and
secondary data.
LIMITATION OF THE STUDY.
Some factors may limit the level of accuracy and reliability of this study. Such factors include.
i. Difficulty in obtaining data.
ii. Low response rate from involved parties.
In the absence of the above mentioned limitations, all other errors and omissions are entirely those of the researcher.
CHAPTER ONE -- [Total Page(s) 4]
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ABSRACT - [ Total Page(s): 1 ]This study examined the role of financial institutions in agricultural development. A case study of Nigeria Agricultural Cooperative and Rural Development Bank, with a view to make useful suggestions and recommendations as way of enhancing the development of agricultural sector. The population for the study includes large and small scale farmers and the sampling method adopted for the study is the stratified random sampling in order to ensure adequate representation of the population. In order t ... Continue reading---
