ATTENTION
BEFORE
YOU READ THE ABSTRACT OR CHAPTER ONE OF THE PROJECT TOPIC BELOW, PLEASE READ
THE INFORMATION BELOW.THANK YOU!
INFORMATION:
YOU
CAN GET THE COMPLETE PROJECT OF THE TOPIC BELOW. THE FULL PROJECT COSTS N5,000
ONLY. THE FULL INFORMATION ON HOW TO PAY AND GET THE COMPLETE PROJECT IS AT THE
BOTTOM OF THIS PAGE. OR YOU CAN CALL: 08068231953, 08168759420
WHATSAPP
US ON 08137701720
IMPACT OF PUBLIC AGRICULTURE EXPENDITURE ON AGRICULTURAL
OUTPUT AND ECONOMIC GROWTH
CHAPTER ONE
INTRODUCTION
1.1 BACKGROUND OF THE STUDY
Agriculture, in whatever form it comes or exists-food and
cash crops production, livestock, poultry, animal husbandry, hunting and
Horticulture-has its roles to play in any Nations Economic growth and devolvement is crucial. Among
these roles are sources of food for the growing population, raw material for
the manufacturing sector, reduction of inflationary pressure, earner of foreign
exchange, empowerment of the labour force, source of income and savings for the
farmer and improvement in their living standards, and market for products of
the manufacturing sector. (Jhingan M.L 1975).
But, unfortunately for Nigeria as a developing Nation, these
roles are hardly met by the Agricultural sector because of the internal and
external factors facing farmers in Nigeria. A catalogue of reasons have been
advanced for the relative poor performance of Nigeria’s agricultural sector.
Key among these macroeconomic disequilibrium including interest and foreign
exchange rate volatilities, poor infrastructure base, policy inconsistency and
unnecessary intervention by the public sector which sends wrong (crowding out)
signal to the private sector. (Eboh E.C, 2003).
Other important constraints include inadequate public
agricultural expenditure, over dependence on crude oil revenue, rural-urban
migration, inadequate processing and storage capacity, smallness of farm
holdings, ageing population, use of inefficient traditional technology,
inadequate agricultural extension services, policy inconsistency and increasing
population pressure etc.
In an attempt to solve these problems of agricultural sector,
the Federal and State governments of Nigeria intervene through some
agricultural policies and programmes. Notable among the these policies are the
operation field the Nation (OFN), the Green revolution (GR), land use degree,
fertilizer company of Nigeria (NAFCON) and the National Agriculture land
development authority (NALDA) and the latest is the agriculture development
project (ADP). Meanwhile, these policies have not helped much in improving significantly
the agricultural sector as the costs involved are still more than the benefits
realized.
Perhaps, for the impact of public expenditure, surplus public
agricultural expenditure allocation on the sector itself in Nigeria, is to be
more effective, efficient workable and successful in some of these agricultural
policies.
1.1 STATEMENT OF
THE PROBLEM
The agricultural sector has been affected with numerous
problems which has been the result of the poor performance of the sector
itself.
This has attracted various strategies including expansion of
public expenditure on agricultural activities. Overtime this expenditure has
been on the increase without expressly translating to a corresponding expansion
in agricultural output. The question that comes to mind are:
1. What is the impact of public agricultural
expenditure on agricultural output in Nigeria?
2. What is the impact of public agricultural
expenditure on economic growth in Nigeria?
1.3 OBJECTIVES OF THE
STUDY
The overall objective of this study is to determine how
public expenditure can improve agricultural output.
However, the specific objectives are as follows:
1. To determine the impact of public
agricultural expenditure on agricultural output.
2. To
determine the impact of public agricultural expenditure on economic growth.
1.4 HYPOTHESIS OF THE STUDY
The hypothesis
tested in this study are as follows:
1. Public agricultural expenditure has no
significant impact on agricultural output.
2. Public agricultural expenditure has no
significant impact on economic growth.
1.5 SIGNIFICANCE OF THE STUDY
Once regarded as the mainstay of the economy and also the
provider of employment, food and foreign exchange thus; adequate public
agricultural expenditure on the agricultural sector is significant.
This study is intended to determine the trends of public agricultural
expenditure on agricultural output in Nigeria in order to ensure food security
to and reduce poverty in the economy.
This study will also show the impact of public agricultural
expenditure on the economic growth of Nigeria over time. The result of the
study will be of great benefit to the federal republic of Nigeria because
economic growth is the vehicle of development. Development is the sustained
elevation of an entire society and social activities towards a better and more
human life.
The result of this study will be significant in the following
ways:
1. It will help the Nigerian government and her policy makers
to restore fiscal
Discipline in
Nigeria.
2. The study will be important in debt management in Nigeria.
3. It will also have implications for formulating a workable
model.
1.6 SCOPE AND LIMITATION OF THE STUDY
This study covers the period of 1978-2007, a period of
twenty-nine years; basically this research focuses on the trend of public
agricultural expenditure and some contributions of agriculture to the economy
itself (GDP).
The scope also comprises of some inherent problem facing the
agricultural sector, its prospects and policy recommendation to attain a high
level of productivity.
There is no end of knowledge and like( Anumudu C.N) will say;
there is no failure anywhere only that people have just failed to succeed. In
the bead of trying to succeed and failing to fail that this work become a
success if not many factors without our ability to achieve a desired result some
of which include the bottlenecks prevalent in the mobilization of data, which
was a major concern to the essence of this work.
There is also lack of strong evidence in the theoretical
framework of this topic that would have provided a reliable foundation for us
to stem from a particularly Nigerian case. There is also the limitation of the
small sample size which has its attended drawbacks.
The dearth of required statistics and limited access to
literature, some journals and publications which could have been of immense
help to this work were unavailable
HOW TO RECEIVE PROJECT
MATERIAL(S)
After
paying the appropriate amount (#5,000) into our bank Account below, send the following
information to
08068231953
or 08168759420
(1) Your project topics
(2) Email Address
(3) Payment Name
(4) Teller Number
We will send your material(s) after we receive bank alert
BANK
ACCOUNTS
Account Name: AMUTAH DANIEL CHUKWUDI
Account Number: 0046579864
Bank: GTBank.
OR
Account Name: AMUTAH DANIEL CHUKWUDI
Account Number: 3139283609
Bank: FIRST BANK
FOR
MORE INFORMATION, CALL:
08068231953
or 08168759420
https://projectmaterialsng.blogspot.com.ng/
https://foreasyprojectmaterials.blogspot.com.ng/
https://mypostumes.blogspot.com.ng/
https://myeasymaterials.blogspot.com.ng/
https://eazyprojectsmaterial.blogspot.com.ng/
https://easzprojectmaterial.blogspot.com.ng/
Comments
Post a Comment