scholarly journals AGRICULTURAL SEED FINANCING: IMPLICATIONS FOR PRODUCTIVITY AND EXPORT EARNINGS FOR NIGERIA ECONOMY

2017 ◽  
Vol 5 (10) ◽  
pp. 228-245
Author(s):  
ZUBERU ◽  
ILIYA ◽  
YUSUF ◽  
SALIHU
Keyword(s):  
Foreign Exchange ◽  
Agricultural Production ◽  
Agricultural Sector ◽  
Agricultural Research ◽  
Agricultural Productivity ◽  
Secondary Data ◽  
High Yield ◽  
Agricultural Export ◽  
The Government ◽  
Production Output

Since the discovery of oil, there has been a drastic decline in agricultural exports as percentage of total exports declined from about 43% to slightly over 7% between 1970 and 1974, as a result of the oil price shocks of 1973 – 1974 which resulted in large receipts of foreign exchange earnings by Nigeria and the neglect of agriculture. There have been series of declines in agricultural export since the mid-1970s at an average annual decline rate of 17 percent and by 1996, agricultural export accounted for only 2 percent of total exports, hence, making Nigeria net importer of basic food stuff. With this continual decline, the agricultural sector no longer earns enough foreign exchange through exports. Hence, this study investigates implications of agricultural seed financing on increased productivity output and export earnings in Nigeria. The choice of research design employed in this study is the archival and documentary research strategy, associated with the deductive approach, which involved secondary data collection. The population comprised 16 years data on total annual financial expenditure on agricultural seed improvement, agricultural productivity output and export earnings from 2000 to 2015 (16 years). Secondary data on cumulative annual expenditure on seed financing (SIF), Agricultural productivity (AP) indicator and export earnings (EE) were employed. The findings revealed that, findings revealed that Seed improvement financing has a significant impact on increased Agricultural production output and that there is a significant relationship between Agricultural production output and increased export earnings in Nigeria. The study therefore recommended that, there is need for the government to increase funding for agricultural research and also access international grants, as this will help increase variety of high yield seeds and subsequently increase agricultural production output, which will increase agro related export earnings in Nigeria.

scholarly journals Analysis of determinants of maize price variations in Nigeria (1978 - 2014)

2019 ◽  
Vol 11 (2) ◽  
pp. 237-234
Author(s):  
Opeyemi Eyitayo Ayinade ◽  
Ifedotun Victor Aina ◽  
Kayode Ayinade
Keyword(s):  
Food Security ◽  
Agricultural Production ◽  
Agricultural Sector ◽  
Price Change ◽  
Secondary Data ◽  
Descriptive Statistics ◽  
Price Variation ◽  
Factors Affecting ◽  
The Government ◽  
Food Staples

Skyrocketing prices of food staples such as maize can lead to inefficient agricultural production and definitely have detrimental effects on the economic, social, and political growth of any country. Most studies on maize in Nigeria are focused on the increasing consumption or competitiveness, very few address the determinants of maize price change as a panacea for the increase of productivity. Filling this gap requires a study on the various factors that contribute to the variations in the price of maize. In this study, secondary data were used. The study used descriptive statistics tools to analyze the pattern of price variations and changes in the production of maize over a period of 36 years in Nigeria. Also, various factors affecting price variation of maize were examined. It was recommended that the positive and significant impact of country’s population to maize price change should serve as an impulse to encourage investment in agricultural sector of Nigeria in order to ensure food security in the country. Also, the government should use the inflation measures to regulate prices of maize in the country

scholarly journals AGRICULTURAL EQUIPMENT FINANCING: IMPLICATIONS FOR PRODUCTIVITY AND INDUSTRIALISATION IN NIGERIA

2018 ◽  
Vol 1 (1) ◽  
Author(s):  
Michael Ikechukwu Elikwu ◽  
Uzoma Samuel Ede ◽  
Anthony C. Igbokwe
Keyword(s):  
Agricultural Sector ◽  
Agricultural Productivity ◽  
Secondary Data ◽  
Modern Technology ◽  
Study Data ◽  
Technological Advancement ◽  
Agricultural Equipment ◽  
Credit Financing ◽  
Production Output ◽  
The Impact

Agricultural production/activities in Nigeria over the past years have largely remained primitive, resulting in very low productivity due to inadequate application of modern technology. There have also been daunting challenges of access to long-term capital needed to employ modern farming equipment, inadequate inputs and storage facilities, weak agricultural extension and out-dated sectoral infrastructure, all resulting to years of low agricultural productivity. Hence, this study investigates the impact of agricultural equipment financing on increased productivity in the Agricultural sector in Nigeria. The study employs the archival and documentary research design which involves secondary data collection. 16 years data on total annual financial expenditure on agricultural equipment and data for agricultural output and export earnings from 2000 to 2015 (16 years) form the population of the study. Data on cumulative annual expenditure on agricultural equipment financing (AEF), an aggregate of technological advancement in mechanized farming (TMF) and agricultural productivity (AP), were employed. The findings reveal that agricultural equipment financing has a significant impact on technological advancement of mechanized farming and that there is a significant relationship between technological advancement of mechanized farming and production output. The study therefore recommends that efforts should be made by agricultural intervention agencies and financial institutions to increase credit financing for agricultural equipment, which is a sustainable measure towards revolutionizing and industrialisation of the economy through technological advancement in the sector.

Factors Hindering Farmers’ Participation and Look for Agricultural Development and Food Security

2019 ◽  
pp. 1-11
Author(s):  
Debella Deressa Bayissa
Keyword(s):  
Food Security ◽  
Food Insecurity ◽  
Agricultural Production ◽  
Agricultural Sector ◽  
New Technologies ◽  
Agricultural Research ◽  
Snowball Sampling ◽  
Strategic Choices ◽  
Structured Interviews ◽  
The Government

Agriculture is one of the key drivers of Ethiopia’s long-term development and food security. It supports 85% of the total population, constitutes 43% of GDP and 80% of export value. For the country to reach middle-income prestige by 2025 and make significant inroads against food insecurity, strategic choices and concerted and strategic investments in agricultural sector are vigorous. The government of Ethiopia has put maximum efforts to increase agricultural output. However, increments in agricultural production and productivity, the expected benefits, have not been achieved yet. Low agricultural production and productivity is the major cause of food insecurity in the country emanating from lack of suitable technologies for beneficiaries, low adoption of agricultural innovations, and lack of active participation of farmers in agricultural research. Therefore, this study examines critical factors that hinder farmers’ participation in agricultural research in Ethiopia. A total sample size of 39 respondents comprising 16 farmers, 14 researchers and 9 development agents were interviewed purposively based on snowball sampling technique. Qualitative research design was used in this research. Data were collected using semi-structured interviews, focus group discussions and observations and analysed descriptively. The empirical results reveal that lack of sufficient time, bad experiences in the past, perception of farmers’ for researchers, farmer’s attitude for research, the type of research, lack of stakeholder’s willingness to learn from one another, loose integration of indigenous and scientific knowledge and insignificant change of new technologies to material wealth critically hindered farmer’s participation in agricultural research to bring innovation in agriculture. Innovation in agriculture comes from the interaction of the different actors that are working in agriculture since each actor brings their own knowledge and results in social learning. Insignificant innovation in agricultural research results in food insecurity in the country.

scholarly journals Perlindungan Konsumen Terhadap Penipuan yang dilakukan Broker Forex Ilegal

2021 ◽  
Vol 2 (2) ◽  
pp. 281-286
Author(s):  
I Made Aswin Ksamawantara ◽  
Johannes Ibrahim Kosasih ◽  
I Made Minggu Widyantara
Keyword(s):  
Foreign Exchange ◽  
Consumer Protection ◽  
Legal Protection ◽  
Secondary Data ◽  
Data Sources ◽  
Primary Data ◽  
Money Markets ◽  
Legal Sanctions ◽  
The Government ◽  
The Guardian

The phenomenon of Foreign Exchange (Forex) that runs in the investment sector and can help the development of Indonesia. Currently forex is a trend that is endemic and attracts the attention of many parties, both investors and the public in general. Foreign exchange or forex is a type of trade or transaction that trades the currency of a country against the currencies of other countries involving the main money markets in the world for 24 hours continuously, so in this case a legal protection is needed. The purpose of this research is to analyze legal protection in Forex transactions and legal sanctions imposed by the government on illegal Forex broker activities. This research uses a normative method that with a statutory approach. Sources of data used are primary data sources and secondary data sources. After primary legal data and secondary legal data are collected, the data will then be processed and analyzed using systematic legal data processing methods. The results showed that the alleged fraudulent investment fraud case under the guise of forex trading involved illegal brokers from the Guardian Capital Group (GCG) Asia, which harmed consumers. In line with that, the government issued a legal rule, namely Law No.8 of 1999 concerning Consumer Protection. The Consumer Protection Law that has been set by the government is the legal basis that is accurate and full of optimism in protecting consumer rights.

scholarly journals Dinamika Kelembagaan Sumberdaya Lahan dan Konsekuensinya bagi Pembangunan Sektor Pertanian

2016 ◽  
Vol 16 (1) ◽  
pp. 18
Author(s):  
Iwan Setiajie Anugrah
Keyword(s):  
Agricultural Production ◽  
Agricultural Sector ◽  
Agricultural Land ◽  
Production Factor ◽  
Resource Utilisation ◽  
Land Resource ◽  
Land Utilization ◽  
Current Time ◽  
The Government ◽  
Performance Development

<p><strong>English</strong><br />The objective of this paper is to provide a comprehensive information on performance development and problems associated with land resource utilisation and its future management perspective. The coverage of discussion to identify such objectives could be divided as follows: (1) perception and concept of land resource, (2) the development of land resource, (3) the importance of land resource, (4) land resource and agricultural production stability, and (5) discussion on policy alternatives to overcome land resource problems. Some important findings could be described as follows: (1) various concepts and ideas on land resource have led to a thought that land resource has social, economic, political values, and a symbol at a certain level as a production factor in agricultural sector, (2) land resource development has changed land resource institutions, land fragmentation, land transfer to other non-agricultural utilization, land value improvement, and polarization and absentee practices, (3) various development activities has reflected the importance of land resource and the highly competitiveness of land utilization in line to the importance of each activity and each sector, (4) acting as a stabilizer in agricultural production, the land resource has faced many problems both in current time or in the future especially those associated with agricultural land degradation reducing land fertileness that ended in marginal land accumulation, in the mean time, food-self sufficiency should be continuously maintained, (5) although all problems on land affairs have been arranged in the UUPA since September 1960; Keppres No. 53/1989 or Keppres No. 33/1990, the problems continually appeared. In this regard, governor, based on Permendagri No. 15/1975, as an officer authorized to issue land utility permit, should launched policies which are very much expected to harmonize the central and local requests, the government and the people, agricultural and nonagricultural sectors, or individual/group requests and the society's needs on land resource.</p><p> </p><p><strong>Indonesian</strong><br />Tulisan ini bertujuan untuk memberikan informasi tentang perkembangan keragaan dan permasalahan pemanfaatan sumberdaya lahan serta perspektif penanganannya di masa datang. Identifikasi ke arah tersebut dilakukan melalui beberapa subpokok bahasan yang meliputi : (1) persepsi dan konsepsi terhadap sumberdaya lahan, (2) perkembangan sumberdaya lahan berdasarkan waktu, (3) kepentingan terhadap sumberdaya lahan, (4) sumberdaya lahan dan stabilitas produksi pertanian, dan (5) pemikiran terhadap kebijaksanaan dalam mengatasi permasalahan sumberdaya lahan. Beberapa temuan penting yang perlu dikemukakan adalah : (1) beragamnya konsep serta pandangan sumberdaya lahan dalam arti luas memberikan gambaran bahwa sumberdaya lahan mempunyai fungsi sosial ekonomi, politik, serta simbol status tertentu selain sebagai faktor produksi di sektor pertanian, (2) perkembangan sumberdaya lahan berdasarkan waktu telah membawa perubahan terhadap kelembagaan sumberdaya lahan dengan adanya kegiatan fragmentasi lahan, alih fungsi lahan pertanian ke nonpertanian, peningkatan nilai lahan, terjadinya polarisasi ataupun praktek-praktek absentee, (3) adanya berbagai kegiatan pembangunan menjadikan sumber daya lahan sebagai asset yang cukup penting, sehingga terjadi persaingan penggunaan yang cukup meningkat sesuai dengan kepentingan antar aktivitas maupun antar sektoral, (4) sebagai stabilisator bagi produksi pertanian, sumberdaya lahan dihadapkan pada persoalan yang cukup berat baik saat ini dan juga di masa yang akan datang terutama dengan meningkatnya degradasi lahan pertanian, penyusutan lahan produktif yang digantikan dengan lahan marjinal, sementara kebutuhan akan swasembada pangan tetap harus dipertahankan, (5) walaupun secara yuridis permasalahan pertanahan telah diatur dalam UUPA sejak September 1960, Keppres No.53/1989 ataupun Keppres No.33/1990, persoalan mengenai lahan tetap meningkat. Untuk itu kebijaksanaan dari gubernur sebagai pejabat yang berwenang dalam pemberian izin penggunaan lahan sesuai dengan keputusan Permendagri No.15 Tahun 1975 sangat diharapkan sekaligus mampu menselaraskan perbedaan kepentingan antara pusat dengan daerah, penguasa dengan rakyat, sektor pertanian dengan nonpertanian, ataupun kepentingan individu/golongan dengan masyarakat luas terhadap kebutuhan sumberdaya lahan.</p>

Model Penguatan Subak di Era New Normal: Analisis Peran Collective Action pada Penerapan Sistem Terintegrasi Itik Padi di Tabanan-Bali

2020 ◽  
Vol 5 (5) ◽  
pp. 167
Author(s):  
Nyoman Utari Vipriyanti ◽  
Dewa Ayu Puspawati ◽  
Putu Lasmi Yulianthi Sapanca ◽  
Made Emy Handayani Citra
Keyword(s):  
Collective Action ◽  
Private Sector ◽  
Rural Economy ◽  
Agricultural Sector ◽  
Secondary Data ◽  
Integrated System ◽  
Primary Data ◽  
New Normal ◽  
The Government

The Covid 19 pandemic has brought significant changes to the economy of Bali as a domestic and foreign tourist destination. The tourism sector, as the main contributor to the largest contributor to Gross Regional Domestic Product (GRDP), experienced a contraction, which had an impact on other sectors. One of the sectors affected in the agricultural sector, especially the marketing of food products. In the new normal era in Bali, it is necessary to strengthen the rural economy through the application of technology but the process of implementing these innovations is not always successful. The success of collective action is determined by the rational boundaries of society. The rational boundaries of society can be expanded by the presence of symmetrical information. The research objective was to analyze the role of collective action on the application of the Integrated System of Rice Ducks as an effort to increase farmers' income. This research is a case study in Subak Lanyah, Tabanan Sub District, Tabanan-Bali District. Primary data were collected through direct observation and questionnaires while secondary data were collected through literature studies. Analysis of the role of collective action in the application of the integrated system of rice ducks (STIP) was carried out statistically descriptive of farm costs and farmer income. The results showed that the STIP innovation as an effort to increase farmers' income was successfully implemented through Collective action. The collective action mechanism plays a role in strengthening social capital which encourages the application of STIP technology so that the income of Subak member farmers in Subak Lanyah, Tabanan-Bali increases. The success in implementing STIP technology is done by building a process of communication, trust, and networks of farmers with the government, private sector, and universities.of communication, trust, and networks of farmers with the government, private sector, and universities.

scholarly journals Effect of Economic Integration on Agricultural Export Performance in Selected West African Countries

Economies ◽  
2019 ◽  
Vol 7 (3) ◽  
pp. 79
Author(s):  
Olatunji Abdul Shobande
Keyword(s):  
Economic Integration ◽  
Fixed Effects ◽  
Agricultural Sector ◽  
Time Series Data ◽  
Agricultural Research ◽  
Export Performance ◽  
Strong Predictor ◽  
West African ◽  
Series Data ◽  
Agricultural Export

The paper investigates the effect of economic integration on agricultural export performance in West African economies using the gravity model of bilateral trade on the annual time series data straddling the period 1970 to 2016. The empirical evidence is based on the pooled OLS and fixed effects estimator. We find that economic integration, as measured by trade openness, is a remarkably strong predictor of export performance in the region. We also examine the effect of geographical distance measured by effective nominal exchange rates and we find it has a negative effect on agricultural export performance. The paper recommends the adoption of a common currency to help mitigate exchange rate negativity that serves as resistance to trade in the region. Likewise, proactive agricultural research, extension and market driven strategies are strongly advocated for driven competition and economic efficiency within the regional agricultural sector.

The African Struggle for Agricultural Productivity

1968 ◽  
Vol 6 (3) ◽  
pp. 311-328
Author(s):  
I. A. Svanidze
Keyword(s):  
Foreign Exchange ◽  
Agricultural Production ◽  
Agricultural Productivity ◽  
Well Being ◽  
The State ◽  
Farm Workers ◽  
African Countries ◽  
Principal Source

Agriculture is the mainstay of the African economy. The well-being and even the lives of hundreds of millions of peasants, farmers, and farm- workers depend on the state of agricultural production. Exports of farm products are the principal source of foreign exchange for African countries.

On the essence of management forms manifolds in agrarian sphere at institutional reformation

10.12737/6497 ◽  
2014 ◽  
Vol 9 (3) ◽  
pp. 66-71 ◽  
Author(s):  
Хисматуллин ◽  
Marsel Khismatullin ◽  
Хафизов ◽  
Dafik Khafizov
Keyword(s):  
Agricultural Production ◽  
Agricultural Development ◽  
Agricultural Sector ◽  
Negative Impact ◽  
Continuous Process ◽  
Agricultural Producers ◽  
Agrarian Policy ◽  
The Government ◽  
Considerable Work ◽  
Effective Development

An increase the efficiency of agricultural production is the most important economic issue at the present stage. However, according to the authors’ opinion, the sharpness of the problem for a long time is underestimated and continues to be underestimated in the agrarian policy of the country. The consequences of such attitude to the problems of agricultural development particularly had a negative impact on the results of the agricultural producers in 1991-1998 years, when investment in agriculture was sharply reduced, the production potential of the sector has been undermined. The agricultural production fell by 50%, compared to the pre-reform period, 88% of agricultural organizations were unprofitable. During 1999 - 2013 years, the government of the country, scientists carried out considerable work to ensure the effective development of agriculture. But, nevertheless, in 2013, the level of agricultural production was by 10.3% lower, than in the pre-reform 1990 year, the financials continue to worsen. According to the authors, so that to ensure the conditions for agricultural producers for effective functioning, expanded reproduction, it requires substantially to increase the level of state support to agriculture, to improve the economic mechanism of management, to develop management forms manifolds, under which we mean a rational, mutually reinforcing combination of different forms of management, based on different forms of ownership, ensuring the efficient use of available natural, labour, material and financial resources. In the paper the author’s definition of management forms is given. The development of forms of management and ownership in the agricultural sector should be seen as a continuous process. The composition and structure of the management forms in the agrarian sector will be updated with the development of market relations, economic conditions change.

scholarly journals Space-temporal Dynamics of Agriculture in the Primavera Municipality, Pará State, Brazil: Subsidies for Agroecological Transition

2020 ◽  
Vol 8 (2) ◽  
pp. 518
Author(s):  
Caio Cezar Ferreira de Souza ◽  
Marcos Antônio Souza dos Santos ◽  
Fabrício Khoury Rebello ◽  
Cyntia Meireles Martins ◽  
Maria Lúcia Bahia Lopes ◽  
...  
Keyword(s):  
Agricultural Production ◽  
Agricultural Sector ◽  
Temporal Dynamics ◽  
Production Systems ◽  
Secondary Data ◽  
Land Occupation ◽  
Low Level ◽  
Human Needs ◽  
Agroecological Transition ◽  
Mining Projects

The exploitation of natural resources to meet human needs for, among other reasons, the advancement of agriculture, livestock, and mining projects, causes changes in environmental systems in time and space. The research objective of this study is to evaluate the space-temporal dynamics of agriculture in the Primavera municipality, located in the Pará Northeast, from 1980 to 2018, and to offer subsidies for the agroecological transition of current agricultural production systems. The methodology is based on the analysis of land use and land cover maps, in three different periods (1984, 2008 and 2018), by using image processing from the LANDSAT (1984 and 2008) and Sentinel (2018) satellites. Agricultural sector characterization was also analyzed, by using secondary data on socioeconomic and productivity variables. The results show that, even after the setup of a large mining enterprise in the Primavera municipality, the agricultural sector did not show major changes in terms of land occupation, increasing from 23.3% (2008) to 29.3% (2018). In addition, when analyzing the agricultural sector, the technology level was found to be at a low level, with little use of chemical inputs and machines. Agricultural diversification was also found to be at a low level, with the cultivation of five crops, predominantly. It is necessary to seek alternatives to improve agricultural production, which can be made viable through the incorporation of sustainable production systems, based on agroecological principles.

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