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THE ROLE OF MICROFINANCE BANK CREDIT ON AGRICULTURAL DEVELOPMENT IN NIGERIA: (1980-2010)
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- Contributor: mr-chris
- engagements: 114
- Case No: 182744pw
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ABSRACT - [ Total Page(s): 1 ]This research work tries to investigate the role of microfinance bank on agricultural development in Nigeria using Nigeria as a case study. Using ordinary least square method, data collected were secondary data and the durbin-watson t-statistics were used in the regression analysis. The study shows that Microfinance bank loans have a positive impact on agricultural development in Nigeria. Based on these findings some recommendations were made, interest rate should be reduce to encourage farmers in borrowing and The federal government should give a directive through microfinance bank that will
... Continue Reading
CHAPTER ONE - [ Total Page(s): 3 ]CHAPTER ONEINTRODUCTION1.1 BACKGROUND TO THE STUDYNigeria is endowed with natural resources, large fertile farmland, wide range crops, and river amongst others. Despite its abundant natural resources it is faced with poor food situation. The poor food situation is traceable to the decline in the agricultural sector. The problem of feeding and provision of natural resources is increasing by the day. However several efforts are being made to improved the standard.Prior to the discovery of petroleum in Nigeria agriculture used to be the highest foreign exchange resources earner and contribution t ... Continue Reading
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ABSRACT - [ Total Page(s): 1 ]This research work tries to investigate the role of microfinance bank on agricultural development in Nigeria using Nigeria as a case study. Using ordinary least square method, data collected were secondary data and the durbin-watson t-statistics were used in the regression analysis. The study shows that Microfinance bank loans have a positive impact on agricultural development in Nigeria. Based on these findings some recommendations were made, interest rate should be reduce to encourage farmers in borrowing and The federal government should give a directive through microfinance bank that will
... Continue Reading
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