Abstract

The object of research is the relationship between farm technical know-how (FTK), farmers’ cooperatives (FC) and agribusiness performance (ABP) in Jigawa State, Nigeria. Despite the importance of the agribusiness in terms of economic growth and development of Jigawa state, yet, the agribusiness performance is decreasing in the state. The findings from the sector revealed inconsistency due to that this study is motivated to includes Islamic microfinance as a mediating variable on the relationship between the study variables.The study seeks to establish a relationship between agricultural antecedents and Agribusiness Performance. Also, to explore the mediating impact of Islamic microfinance on the relationship between agricultural antecedents and Agribusiness Performance in Jigawa state, Nigeria.The study used a quantitative approach with 320 questionnaires and analysed by Partial Least Square Structural Equation Modelling (PLS-SEM) through Smart PLS software.The findings of the study indicated that there is a positive relationship between farm technical know-how, farmers’ cooperatives, and agribusiness performance. Similarly, Islamic microfinance was found to mediate the relationship between farm technical know-how, farmers’ cooperatives and agribusiness Performance. The study recommended that Jigawa state government decision-makers, agribusiness associations and farmer cooperatives should consider use of Islamic microfinance as a solution to the problems of Agribusiness Performance through which poverty reduction and unemployment can be solved. In relation to this, Islamic micro-financial institutions should provide more opportunities to support agribusiness activities.

Highlights

  • Performance serves as a term used in many areas to describe the processes of achieving the objectives of every production level

  • Agricultural antecedents which are described in this study as farm technical know-how and farmers’ cooperatives are among the oriented pillars of agribusiness for economic growth and development

  • This is in line with the study [3, 5] that farm technical know-how, farmers’ cooperatives and Agribusiness Performance (ABP) serve as a productions and marketing activities that improves food supply and raw materials to the manufacturers for sustainable economic growth and development of a nation

Read more

Summary

Introduction

Performance serves as a term used in many areas to describe the processes of achieving the objectives of every production level. Agricultural antecedents which are described in this study as farm technical know-how and farmers’ cooperatives are among the oriented pillars of agribusiness for economic growth and development This is in line with the study [3, 5] that farm technical know-how, farmers’ cooperatives and Agribusiness Performance (ABP) serve as a productions and marketing activities that improves food supply and raw materials to the manufacturers for sustainable economic growth and development of a nation. Due to the importance of farm­ ing and agribusiness activities to the economic growth of Nigeria, the Central Bank of Nigeria (CBN) established various programmes to enhance the growth of the agri­ business sector by introducing various farm schemes and programmes including; National Accelerated Food Pro­ duction Programme, National Farm Land Development Authority, the Nigerian Incentive-Based Risk Bearing Sys­ tem for Semi-formal credit, Nigeria Agriculture, Rural and Cooperative Bank, Semi-formal credit Guarantee Scheme Fund, and Agriculture Development Bank among oth­ ers [11, 12] More so, these programmes are impacted in all the 36 states of Nigeria. The aim of research is to explore the mediating influence of Islamic microfinance on the relationship between FTK, FC and ABP in Jigawa State, Nigeria

Methods of research
Research results and discussion
Conclusions
Findings
The State of Food and Agriculture 2008: Biofuels
Full Text
Published version (Free)

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 call