Ваш браузер устарел. Рекомендуем обновить его до последней версии.

RJOAS: Russian Journal of Agricultural and Socio-Economic Sciences

ISSN 2226-1184 (Online)

RJOAS is awarded the DOAJ Seal of Approval for Open Access Journals!

ISSUE 4(28), April 2014

Pages 3-8

Title
EVALUATION OF EFFECTS OF AGRICULTURAL INSURANCE SCHEME ON AGRICULTURAL PRODUCTION IN ONDO STATE

Author(s)
Akinrinola Olumide O., Okunola Akinbode M.

Organization(s)
Federal University of Technology, Akure, Nigeria

Key Words
Agricultural Insurance; Farm Credit; Investment; Output; Accessibility; NAIC.

Abstract
This study was carried out to see how well the objectives of the Nigerian Agricultural Insurance Scheme had been achieved in Ondo State. Multi-stage sampling technique was used to select 120 insured farmers from two local government areas and a well-structured questionnaire was used to collect data from the farmers. The data collected were analyzed using descriptive statistics. The analysis shows that accessibility to credit was the only reason the farmers participated in the insurance scheme. However, the farmers affirmed that there was increase in investments which brought about increases in their output. Thus, their accessibility to farm credit could be said to be responsible for these increases. Hence, some of the objectives of the agricultural insurance scheme to increase agricultural production and accessibility to credit had been achieved.

CrossRef DOI

http://dx.doi.org/10.18551/rjoas.2014-04.01

Share on Social Media

Cookie Policy

This site uses cookies to store information on your computer.

Do you accept?