Abstract
This paper evaluates the impact of the Fadama III Project on output performance of agricultural enterprises of the beneficiaries in Akwa Ibom State, Nigeria. The study employed the Survey method wherein Questionnaire was administered and interview held. Data collected were analysed using Tables, Percentages and Chi-Square (X2) statistical method. Findings revealed that Fadama III project impacted positively on the beneficiaries in Akwa Ibom State as it contributed to the increase in the output performance of beneficiaries. This further contributed immensely to increased access to finances and a remarkable increase in the income of the beneficiaries. The study recommends among others, that government, relevant agencies and stakeholders should sustain the Fadama III project to ensure food security in the society and also for the benefit of the rural poor who are mostly engaged in agricultural activities in order to increase their ouput and improve their incomes.
Highlights
Societies have defined themselves by the way and degree in which they have succeeded in increasing agricultural production (FAO, 2004)
Ja'afar-Furo et al (2011) on their study to evaluate the role of Fadama III in improving the output performance of Fadama User Groups (FUGs) through yield per acre, agro-processing facility and storage accessibility in Adamawa State, found that the most popular choice of economic venture among the FUGs was maize/corn, rice processing machines and collectively, the FUGs recorded 10.54% increase in income from sales/services rendered in terms of value addition on agricultural commodities, whereas, about 15% had access to market information using modern methods
SUMMARY, POLICY RECOMMENDATIONS AND CONCLUSION This study evaluated the impact of Fadama III Project on output performance of the agricultural enterprises of the beneficiaries in Akwa Ibom State
Summary
Societies have defined themselves by the way and degree in which they have succeeded in increasing agricultural production (FAO, 2004). Agricultural production requires a lot of activities that needs value addition with the ultimate intention of increasing the economic value of the final product. Various governments especially of developing economies have been adopting programmes and policies which are formulated to take cognizance of these value addition and marketing of farm outputs to encourage farmers in their production process such that food security is guaranteed and their livelihood is such that they live above subsistence or absolute poverty.In line with this development, Ja’afar-Furo, Bello, Mshelia, and Hammanyaji (2011) stressed that developing countries should rapidly transform their agriculture and massively embark on holistic food production system which involves processing and clearly defined channels of appropriate marketing in order to provide sustainable avenues for income generation for farmers. Development economists share the consensus that agriculture has Archives of Business Research (ABR)
Sign-in/Register to view highlights & summary Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
Schedule a callDisclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.
