Agro-financing and food production in Nigeria
Romanus Osabohien, Bosede Ngozi Adeleye, Tyrone De Alwis
Abstract
expectations as it is expected that more agro-funding at low-interest rates motivates farmers to secure high-yield seedlings, machinery and other farm implements, organic inputs that positively impact on total agricultural yield, leading to more food production. Therefore, the study recommends that more funding be allocated to the agrarian sector with less stringent credit conditions, and more arable land be allotted for farming purposes amongst others.
Topics & Concepts
Production (economics)BusinessFood processingAgricultural economicsAgricultural scienceFinanceEconomicsEnvironmental scienceFood scienceBiologyMacroeconomicsEconomic Growth and Development