Abstract
The ADPs were designed in response to a fall in agricultural productivity and hence a concern to sustain domestic food supplies. The study examined “Financing Agriculture in Nigeria through Agricultural Extension Services of Agricultural Development Programmes.” It sought to ascertain the extent to which agricultural extension services of the agricultural development programmes have impacted the financing of agriculture in six selected local government areas in Edo South senatorial district, Nigeria using a sample of 120 respondents. Stratified random sampling was used to select the respondents. Interview schedule served as the research instrument. The research data were analyzed using t-test and Pearson correlation, which served as the inferential statistics. The research findings showed that the extension services of ADP have impacted significantly on crop development in the selected communities but have not had significant impact on employment creation and the development of infrastructural facilities. The study also revealed that there was no significant difference between the implementation of the projects in the selected communities, as revealed by the correlation test. On the basis of the research findings, the need for a complete redesign of the project to ensure that it achieves its stated goals as well as ensure proper monitoring of its implementation were suggested, among others.
Highlights
Prior to independence, agricultural production was the mainstay of the Nigerian economy
The distribution by highest educational level showed that 113 of them have Secondary School Certificate (SSCE), 82 had National Diploma or National Certificate Examination Certificate (ND/NCE); lastly, the distribution of the respondents by local government showed that 82 of them were from Oredo local government, 90 from Egor local government and 76 from Ikpoba Okha local government; majority of the respondents were from Egor local government area
Discussion of findings The findings show that agricultural extension services of Agricultural Development Projects (ADPs) have had significant impact on crop and farm development
Summary
Agricultural production was the mainstay of the Nigerian economy. Even following independence the scenario did not show any change as agriculture contributed well over 90 percent to the nation’ foreign exchange earnings. With the discovery, exploitation, and exportation of crude oil in commercial quantities, the contribution of agriculture to the nation’s foreign exchange and GDP began to dwindle as attention shifted from agriculture to oil (Inegbedion, 2012). The domination of the economy by the oil sector caused the Nigerian economy to become a monoculture, with the attendant implications. This led to the disengagement of many able-bodied men from productive activities in search for oil money, precipitating an unprecedented rural-urban drift in the 1970s. The neglect of the agricultural sector and the subsequent rural-urban drift created a visible dent in Nigeria’s food supply, and signaled the need to embark on massive importation of food stuffs in the early 1980s
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