Partial Fuel Subsidy Removal in Nigeria

2021 ◽  
Vol 12 (1) ◽  
pp. 98-114
Author(s):  
Dorothy Patience Ani ◽  
Emmanuel Adah Onoja ◽  
Isaac Terna Humbe
Keyword(s):  
Agricultural Sector ◽  
Food System ◽  
Secondary Data ◽  
Dutch Disease ◽  
National Bureau ◽  
Percentage Increase ◽  
Product Price ◽  
Integration Model ◽  
Positive Effects ◽  
Petrol Price

The ripple effects of the petrol crisis on the Nigerian economy is multi-faceted: price distortions, volatilities, dutch-disease, corruption, and inefficiencies. This study assessed the effects of partial fuel subsidy removal on agricultural sector and Nigerian economy. The study made use of secondary data obtained from Central Bank of Nigeria Statistical Bulletins, Petroleum Product Price Regulatory Agency (PPPRA), National Bureau of Statistics, Benue State Agricultural and Rural Development Authority (BNARDA), and FAO. Johansen co-integration model and t-test were the analytical tools used. After appropriate robustness checks and ensuring data stationarity, the study found that partial fuel subsidy removal had significant positive influence on the country's GDP, significantly reduced inflation rate, and also reduced life expectancy of Nigerians. Specifically, a percentage increase in petrol price significantly increases GDP by 9.8%; a percentage increase in petrol price increases the prices of rice and maize by 0.75% and 1.50% respectively. The study concludes that increased petrol price had positive effects on GDP and adverse effects on the prices of crop produce. Government should diversify and develop other economies and provide adequate infrastuctural facilities to cushion the effects of subsidy removal. Organic and low-input methods of farming should be adopted to reduce the need for fuel inputs to the food system at all levels.

scholarly journals Performance of Agricultural Export Products on Economic Growth in Nigeria

2021 ◽  
Vol 11 (1) ◽  
pp. 47-52
Author(s):  
Oyetoun Dunmola Amao ◽  
Michael Akwasi Antwi ◽  
Oluwaseun Samuel Oduniyi ◽  
Timothy Olukunle Oni ◽  
Theresa Tendai Rubhara
Keyword(s):  
Economic Growth ◽  
Agricultural Sector ◽  
Generalized Method Of Moments ◽  
Secondary Data ◽  
National Bureau ◽  
Agricultural Export ◽  
Development Indicators ◽  
Agricultural Exports ◽  
The World Bank

This research sought to explore the performance of agricultural export products on economic growth in Nigeria from 1960 to 2016. Secondary data from the National Bureau of Statistics, the Central Bank of Nigeria’s Annual Statistical Bulleting, the World Bank, and World Development Indicators were used. The Generalized Method of Moments (GMM) model was explored in this study. The findings of the study show that food and live animals, beverages, and tobacco were found to be negative but significant to agricultural exports, while agricultural exports (total) and crude materials, inedible except fats, were found to be negative and insignificant to economic growth. Animal and vegetable oils and fats were found to be positive but insignificant to economic growth. Based on the following findings, it is recommended that policies aimed at increasing the productivity and quality of agricultural products, especially those from crops, should be implemented. There is also a need to devote more resources to the production of non-export goods to increase exports. Above all, more credit should be extended to the agricultural sector with a low or zero interest rate, which may lead to a higher rate of economic growth in Nigeria.

scholarly journals SUBSIDIES AND THEIR IMPACT ON THE COMPETITIVENESS OF THE AGRICULTURAL SECTOR IN MOLDOVA

2015 ◽  
Author(s):  
Liliana CIMPOIES
Keyword(s):  
Agricultural Sector ◽  
Scientific Literature ◽  
Secondary Data ◽  
Primary Data ◽  
National Bureau ◽  
Agricultural Subsidies ◽  
Analysis And Synthesis ◽  
Corporate Farms ◽  
The Given

State support is a major determinant for efficient farm activity that contributes to an increase in the efficiency and quality of production, and contributes to the increase of competitiveness and modernization of agricultural sector. In this paper, the distribution of agricultural subsidies by directions and regions is analyzed. In order to reach the goal and conclude the research tasks the analysis and synthesis of scientific literature, systematization of information, comparative analysis and summarizing methods were used and farm technical efficiency (TE) was calculated. The analyzed period in the given research were 2010–2014, based on primary data collected from corporate farms and secondary data provided by the National Bureau of Statistics, and Agency for Interventions and Payments in Agriculture. During the analyzed period, the amount of allocated subsidies to farmers increased, but still are present inequalities in the distributed funds, difficulties in obtaining the payments and lack of transparency. As well, a clear and consistent policy that could be implemented through the allocation of subsides aimed at developing the agricultural sector is missing.

scholarly journals An Assessment of Women Entrepreneurship Performance in Nigeria

2020 ◽  
Author(s):  
Safiyyah Muhammad Aliyu
Keyword(s):  
Service Sector ◽  
Agricultural Sector ◽  
Good Practice ◽  
Secondary Data ◽  
Poor Performance ◽  
National Bureau ◽  
Formal Sector ◽  
Women Entrepreneurship ◽  
Awareness Campaigns ◽  
The Government

Entrepreneurial activities are important factors in creating and increasing employment opportunities and fuelling economic growth. Entrepreneurship is an important source of job creation and opening career opportunities for both women and men. However, women are less likely to have successful enterprises or businesses than men. This paper is aimed at assessing women entrepreneurship in Nigeria: their present state of involvement in comparison to the male entrepreneurs, their challenges, contributions and performance in the formal and informal business sector of the economy. The paper employed the descriptive method of analysis. An inductive methodology involving observation, collection of secondary data and the analysis of such data was employed. To this end, a lot was devoted to the presentation and analysis of data obtained from the Small and Medium Enterprise Development Agency of Nigeria, the National Bureau of Statistics and the Federal Office of Statistics. It was discovered that women participate more in the micro business (informal sector) constituting 42.1% of the ownership structure. Their performance constitutes 13.57% in the formal sector as against the male entrepreneurs at 86.43%. Their poor performance and contribution are a result of the constraints they face. It was also discovered that their performance was higher in the Trade and Agricultural Sector in 1997 but higher in the Education and Service Sector by 2012. Among others, it is recommended that good practice in supporting women entrepreneurship should be initiated by the government in the form of training courses, advisory services or creating awareness campaigns.  

scholarly journals The improvement of marketing management in agrarian sphere

2020 ◽  
pp. 106-111
Author(s):  
Oleksandr Shkolnyi
Keyword(s):  
Trade Policy ◽  
Agricultural Sector ◽  
Food System ◽  
Consumer Preferences ◽  
Price Volatility ◽  
Visual Presentation ◽  
Agricultural Trade ◽  
Global Market ◽  
Marketing Management ◽  
Product Price

Purpose. The aim of the article is consideration of theoretical and methodological aspects of marketing management and identification of its main features in the agricultural sector of the economy. Methodology of research. The systems and synergetic approach was applied as the theoretical and methodological basis for the research. Abstractive, logical and empirical methods were used in the process of highlighting the problems of marketing management in agribusiness. The tabular and graphical methods were used for visual presentation of analyzed data. Findings. The study brings up considerations for the clarification of the marketing concept in agribusiness. The changes that take place in the global market can stimulate Ukraine’s food marketing system development. Agrimarketing has been defined as a concept which is broader than agriselling. The main elements of marketing mix (product, price, place and promotion) highlighted in the context of reflecting consumer preferences, achieving entrepreneurial profits, leveling of contradictions between market institutions. The causes of seasonal price fluctuation for agricultural products were identified with the aim of developing the risk management mechanisms and governing regulatory programs. Geographical indications have been defined as the tools for attaining the sustainable food system and strengthening competitive positions of agricultural producers. The ethical entrepreneurship issues in agrifood system were discussed in order to reflect current trends in consumer preferences. Originality. The concept of ethical entrepreneurship in agribusiness has been further developed. Practical value. The proposed scientific and methodological approaches to the development of marketing management in agrarian sphere can be applied for the improvement of agricultural trade policy and development of regional marketing programs. Key words: marketing management, price volatility, agricultural commodities, agricultural trade policy, ethical entrepreneurship.

scholarly journals CONCEPT APPROACH FOR MEASURING SOLIDARITY ECONOMY IN AGRICULTURE

2021 ◽  
Author(s):  
Oleksii GONCHARENKO ◽  
Oksana HRYNEVYCH ◽  
Orlando Petiz PEREIRA ◽  
Chama Theodore KETUAMA
Keyword(s):  
Sustainable Development ◽  
Agricultural Sector ◽  
Methodological Approach ◽  
Secondary Data ◽  
Economic Effects ◽  
Solidarity Economy ◽  
Systematic Analysis ◽  
Positive Effects ◽  
Economic Phenomenon ◽  
Policy Transformations

Purpose – this work aims to modernize and supplement the methodological approach developed to measure the solidarity economy as a socio-economic phenomenon to determine the reserves and potential for transformation of solidarity at the level of national economies. Research methodology – the presented research has a conceptual character. For the formation of the algorithm for evaluation used the method of logical generalization and systematic analysis, for search and analysis of descriptive data – thematic analysis of literature sources, for the formation and selection of indicators of solidarity economy of the agricultural sector – content analysis of data characterizing the development of cooperatives in agriculture and their environment functioning, using of secondary data allowed to synthesize existing knowledge, to analyze the current state of solidarity of the agricultural sector. Scientific articles of the Scopus database, publications of web portals of the solidarity economy (SE), and information from the Eurostat methodology were used as sources. Findings – the research contributes to increasing the visibility of the positive effects of the SE in the agricultural sector to improve its social and political recognition. Research limitations – the research is limited by the chosen methodological approach that makes it unable to conduct an expansion and development of a system of qualitative indicators of estimation of solidarity economy with a specific focus on agriculture(SEAGro), which can be used for the development of the classification of indicators of SERagro, research of influence of solidarity of farmers on sustainable development of a regions. Practical implications – measuring the scale and impact of SE in the agro sector will help to establish the socio-, eco-logical, and economic effects for Sustainable Development in general and contribute to further institutional and policy transformations. Originality/Value – not only quantitative and qualitative indicators of SE as a socio-economic phenomenon were stud-ied in order to determine the reserves and potential of solidarity transformations, but also developed a scientific and methodological approach to assessing the solidarity of the agricultural.

Potret Lama Penyelesaian Studi Lulusan Fakultas Pertanian dan Teknologi Pertanian, Universitas Negeri Papua

Agrotek ◽  
2018 ◽  
Vol 3 (2) ◽  
Author(s):  
Fitryanti Pakiding ◽  
Dariani Matualage
Keyword(s):  
Agricultural Sector ◽  
Secondary Data ◽  
Time Frame ◽  
Study Time ◽  
Agricultural Technology ◽  
State University ◽  
Time Data ◽  
Financial Problem ◽  
Personal Problems ◽  
Future Education

<em>The State University of Papua (UNIPA) provides human resources for agricultural sector in Tanah Papua through the Department of Agricultural and Agricultural Technology (FAPERTEK). However, in the process of generating these human capitals, many of its alumni could not finish their study within the targeted time frame designed by curriculum used in this department. Thus, this research aims for understanding factors that influencing the study time of FAPERTEK-UNIPA�s alumni. Study time data was obtained through a census from secondary data whereas evaluation of the study time was conducted through a survey to alumni. The evaluation was focus on two sub-systems:� student and the interaction between students and faculties. The result shows that in general alumni at the bachelor (S-1) level and at the diploma (D-3) level finished their study more than 10 semesters and 7 semesters consecutively. Financial problem, difficult and lengthy research topic, communication problem with advisor, many re-taking classes, health problem as well as personal problems were among the reasons for those alumni whose study time exceeds the minimum time as indicated by the curriculum. Academic advisors who are expected to assist students to be able to finish their study within the allotted time have not performed efficiently according to some of respondents. Information provides through this research is expected to be beneficial for enhancing current and future education system in this department.</em>

Peranan Sektor Pertanian dalam Perekonomian Kabupaten Manokwari

Agrotek ◽  
2018 ◽  
Vol 3 (1) ◽  
Author(s):  
Kunto Wibowo
Keyword(s):  
Agricultural Sector ◽  
Raw Materials ◽  
Secondary Data ◽  
Least Square ◽  
Food Crops ◽  
Literature Study ◽  
Location Quotient ◽  
Ordinary Least Square ◽  
Plantation Crops ◽  
Vegetables And Fruits

<em>The agricultural sector</em><em> is a strategic sector in Manokwari regency. The agricultural sector provides a major contribution in the regional economy, an economic base of rural people, dominate the life of most residents in this region and provider of food and raw materials for other sectors. The purpose of this study was to determine how big the contribution of different sub-sectors that exist in the agricultural sector, which analyzes sectors influential in changing the economic structure of agriculture in the area and know the potential commodities that can be developed in an effort to enhance the role of the agricultural sector. The research method used through literature study and analysis of secondary data sourced from the relevant authorities. To find out how big the factors that influence changes in economic structures of domination of the agricultural sector into non-agricultural sector estimates used Ordinary Least Square (OLS). For the determination of the potential commodities that can be seeded used method approach Location Quotient (LQ). The results showed the greatest contribution of the different sub-sectors within the agricultural sector contained in the food crops sub-sector. Based on the rate of growth per year, plantation crops sub-sector occupied the highest positions. The sectors that provide real impact on the agricultural sector's contribution to the regional gross domestic product �of the building sector and services sector. Potential commodities that can be developed in different areas in Manokwari regency include food crops and pulses, vegetables and fruits and livestock including cows, goats, pigs and chicken.</em>

Terms and Balance of Trade of Indian Agricultural Sector during Pre and Post-WTO Period

2020 ◽  
pp. 288-293
Keyword(s):  
Agricultural Sector ◽  
Secondary Data ◽  
Terms Of Trade ◽  
Basmati Rice ◽  
Agricultural Exports ◽  
Unit Value ◽  
The Us ◽  
Balance Of Trade ◽  
Frozen Shrimp ◽  
Plantation Crops

India is the world’s third-largest economy after the US and China. India is also one of the leading producer of spices, fish, poultry, livestock and plantation crops, and leading exports consisted of basmati rice, meat of bovine animals, frozen shrimp and prawns, cotton and refined sugar. The study was based on secondary data collected from the various published sources, viz., various issues of handbook of RBI, FAO trade yearbook, Statistical Abstract of India, FAOSTAT, etc. The data were grouped into two periods Pre-WTO 1975-94 and Post-WTO 1995-2015.The exports volume indices for agricultural sector of India were increased by 129.41 percent from 17 in 1975 to 39 in 1994. Besides, the volume indices of imports declined by 56.16 percent from 73 in 1975 to 32 in 1994 for agricultural sector of India. The unit value indices of agricultural exports of India declined by 17.69 percent from 113 in 1975 to 93 in 1994. However, the agricultural import indices grew considerably 171.42 percent from 42 in 1975 to 114 in 1994.The quantity terms of trade for agricultural sector of India was deteriorated by 80.89 percent from 429.41 in 1975 to 82.05 in 1994. Likewise, value terms of trade for agricultural sector of India also depreciated by 67.44 percent from 269.05 in 1975 to 81.58 in 1994. The exports volume indices for agricultural sector of India were increased by 125 percent from 72 in 1995 to 162 in 2015. The volume indices of imports were also enlarged by 934.78 percent from 23 in 1995 to 238 in 2015 for agricultural sector of India. The unit value indices, which measure the average price realization, indicated a significant increase in unit value indices of agricultural exports of India turn up by 131.76 percent from 85 in 1995 to 197 in 2015. However, the agricultural import indices declined by 0.64 percent during post-WTO period. The quantity terms of trade, as well as value terms of trade for agricultural sector of India, was improved by 359.95 and 133.25 percent, respectively during post-WTO regime. The trade balance of Indian agricultural sector showed a favorable balance during pre-WTO period as well as post-WTO period.

scholarly journals Systematic Stakeholder Inclusion in Digital Agriculture: A Framework and Application to Canada

2021 ◽  
Vol 13 (12) ◽  
pp. 6879
Author(s):  
Hassan P. Ebrahimi ◽  
R. Sandra Schillo ◽  
Kelly Bronson
Keyword(s):  
Agricultural Sector ◽  
Food System ◽  
News Article ◽  
Test Case ◽  
Stakeholder Groups ◽  
Research And Innovation ◽  
Article Analysis ◽  
Digital Agriculture ◽  
Responsible Research

This study provides a model that supports systematic stakeholder inclusion in agricultural technology. Building on the Responsible Research and Innovation (RRI) literature and attempting to add precision to the conversation around inclusion in technology design and governance, this study develops a framework for determining which stakeholder groups to engage in RRI processes. We developed the model using a specific industry case study: identifying the relevant stakeholders in the Canadian digital agriculture ecosystem. The study uses literature and news article analysis to map stakeholders in the Canadian digital agricultural sector as a test case for the model. The study proposes a systematic framework which categorises stakeholders into individuals, industrial and societal groups with both direct engagement and supportive roles in digital agriculture. These groups are then plotted against three levels of impact or power in the agri-food system: micro, meso and macro.

​Factors Affecting Production of Important Pulse Crops in Rajasthan: A Cobb Douglas Analysis

2021 ◽  
Author(s):  
Devendra Kumar Verma ◽  
Hari Singh ◽  
Girdhari lal Meena ◽  
Jitendra Suman ◽  
Sharad Sachan
Keyword(s):  
Production Function ◽  
Irrigation Water ◽  
Agricultural Sector ◽  
Plant Protection ◽  
Secondary Data ◽  
Protection Measures ◽  
Factors Affecting ◽  
Pulse Crops ◽  
Human Labour ◽  
Negative Effect

Background: Pulses are one of the most important food crops grown globally owed to their higher protein content. It also accounts for larger financial gains of the agricultural sector by amounting for a large part of the exports. The present study was carried out to determine the factors affecting production of pulse crops in Rajasthan. Methods: This paper based on secondary data collected over the years i.e. from 2000-01 to 2017-18. The Cobb-douglas production function was used to the observation for the estimation of elasticity of selected variables contributing to the production of pulses in Rajasthan state, Cobb douglas type production function was employed to assess the effects of seed, fertilizer, manure, human labour, irrigation, bullock labour and plant protection measures on pulses production. Result: The results from the study have shown that fertilizer and plant protection measures were positively significant while the variable corresponding to irrigation water was negatively significantly affecting the gram production. The variables such as seed and irrigation water were found positive and significant, while plant protection measures had significant negative effect on black gram production. Only two variables namely, fertilizer and irrigation water were found positively significant out of estimating production function of green gram.

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