Growing the Nigerian Agricultural Sector through Entrepreneurship

Atayi Abraham Vincent, Ojo Bunmi Augustina, Adekunle Sherif Olorunrinu, Nkire Nneamaka Loretta, Akanmu Ayodeji Abiola

Abstract


This study dealt with agricultural entrepreneurs in Nigeria, measures to enhance their performance and problems faced by them. The article made use of questionnaire as an instrument for data collection. The methods of analysis employed were descriptive and inferential statistics. These were used to test the relationship between entrepreneurship and agricultural development in Nigeria. From the analysis and interpretation of data collected, the result showed that agricultural entrepreneurs contribute to increasing agricultural output, create awareness and income generation for the sector. It was also ascertained that the provision of interest free loan, conducive environment and assess to modern technologies will enhance the performance of agricultural entrepreneurs. It is further observed that there are major challenges faced by agricultural entrepreneurs. These include inadequate infrastructural facilities, low profitability for agriculture, low level of education, limited agricultural investment, poorly developed research agricultural system, among others. In view of this, the study recommended among other things, that necessary action should be taken by various stakeholders with the view of ensuring adequate input supply and distribution, credit and micro-credit delivery, availability of agricultural extension services, encouragement of cooperative and agriculture entrepreneurs association and export promotion of agricultural and agro-industrial product.

Keywords: Agricultural Entrepreneurs, Entrepreneurship, Nigeria and Inferential Statistics


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Copyright (c) 2021 Atayi Abraham Vincent, Ojo Bunmi Augustina, Adekunle Sherif Olorunrinu, Nkire Nneamaka Loretta, Akanmu Ayodeji Abiola

Copyright CC BY © European Modern Studies Journal 2017-2021   ISSN 2522-9400

Лицензия Creative Commons


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