ASSESSMENT OF RURAL AGRIPRENUERSHIP IN SOUTHEAST, NIGERIA
DOI:
https://doi.org/10.33003/jaat.2025.1103.18Abstract
The study assessed rural agriprenuership in southeast Nigeria using 360 respondents selected through multistage sampling procedure. Data for study were collected using structured questionnaire administered in the form of interview schedule and analysed using descriptive statistics and inferential statistics. Results indicated that the agriprenuers were mainly married males (72%) with average age of 41years and household size of 6 persons. Result further showed that agriprenuers were mainly in the five (5) agricultural sector such as livestock production, crop production, agricultural input supply, processing sector and marketing/distribution subsector. The result also showed that economic factors that influence agriprenuership were adequate access to credit and loan (0.952, adequate land tenure system (0.880), income level of agriprenurs (0.836), availability of tax holiday (0.683), and low risk and uncertainties in agriprenurship (0.648). Institutional factors were: financial independence (0.913), high unemployment rate (0.908) and level of profit (0.795) while social factor were level of profit (0.795) and favorable government policy (0.645). The factors that constrained rural agripreneurship activities were poor land tenure system, inadequate infrastructure, high interest rate, high competitive market, and inadequate market information. It was concluded that there are five major areas of rural agripreneurship in Southeast Nigeria which were influenced and hindered by three groups of factors (economic, institutional and social). The study recommended that agripreneurs should be given easier access to bank loans and other forms of financing to enhance agriprenuerial activities.
References
Adenutsi, D. E. (2023). Entrepreneurship, Job Creation, Income Empowerment and Poverty Reduction in Low-Income Economies. Theoretical Economics Letters, 13, 1579-1598.
Akpan S. B. Udoh E.J., and Inimfon V. P (2016).Sustaining Small Scale Farming: Evidence of Poverty and Income Disparity among Rural Farming Households in South-South Region of Nigeria. International Electronic Scientific Journal.. 2(9): 49-64
Akumbom, P., Egwu, M. J. B., and Shillie, P. N. (2023). Agripreneurship and Poverty Reduction: Empirical Evidence from Tubah Sub-Division, North West Region, Cameroon. Finance and Economics Review 5(1): 14-26.
Anwana, M. (2022). My Entrepreneurship Goals Programme. Retrieved on February 14, 2023, from https://meflynanwana.com/aksg-trains-certifies-100-more-entrepreneurs-in-7th-batch-of-megp/
Bairwa, S. L., Kalia, A. Meena, L. K., Lakra, K. and Kushwaha, S. (2014). Agribusiness Management education: A Review on Employment Opportunities. International Journal of Scientific and Research Publications, 4(2): 1-4.
Eke, O., and Onuoha, B. C. (2020). Innovation Strategies and Organizational Performance of Water Packaging Firms in Lagos State. International Journal of Advanced Academic Research (Business and Economic Development). 6(11): 70-88.
Eze A.N. (2011). Increasing the Value of Agricultural Products in the Face of Global Economic Recessions: Anambra Experience. An International Multi-Disciplinary Journal Ethiopia 5(3):171-183.
Esiobu, N.S., Onubuogu G.C. and Ibe G. O. (2015). Analysis of Entrepreneurship Development in Agriculture among Arable Crop Farmers in Imo State. Nigeria. International Journal of African and Asian Studies www.iiste.org ISSN 2409-6938 An International Peer-reviewed Journal Vol.7, 2015.
Ezeanyeji, C., Imoagwu, C. and Ejefobihi, U. (2019). Entrepreneurship Development and Poverty Reduction in Nigeria: The synergy. International Journal of Economics, Commerce and Management. 7(4), 23-29
Hardy, L.R, Mohd, A.B, Abdul Kadir, Zanariah, Z. A., Junainah, J. Laila, M.K,.Noor Faizah, M.L., Siti Zahrah, B. and Adlan, A.B. (2015). Entrepreneurship Education in Malaysia: a critical review. Journal of Technology Management and Business, 2(2), 2-4.
Ikenwa, O.K. (2017). ‘Transforming the Nigerian Agricultural Sector into an Agribusiness Model – The Role of Government, Business and Society.’ ACTA UNIV. Sapientiae, Economics and Business [Online]. 10(5): 71-115.
Jimoh, Ibrahim B. and Ogunsanwo, A.O (2018) Agripreneurship as a Prime Means for Reducing Unemployment Among Nigerians Youth in Yewa South Local Government, Ogun State. Journal of Business & Educational Policies: A Bi-annual Journal of the National Association of Policy Educators, Federal College of Education (Tech.) Akoka-Lagos, 14 (2). pp. 245-256.
Nwaigburu, K.O., and Eneogwe, V.N. (2020). Impact of Accounting Skills on Entrepreneurship Education for Self-Reliance and Sustainable Development: A Study of Selected Small Scale Business in Owerri Municipal Imo State. Mediterranean Journal of Social Sciences, 4(16), 83-84
Nwankwo E. C., Chiekezie N. R. and Offiah E.O. (2021). Agripreneurship Development Among Small Scale Farmers In Anambra State, NigeriaVol.13(4), pp. 273-279 October-December 2021 DOI: 10.5897/JAERD2021.1282
Nwibo S.U, Mbam B.N. and Biam C.K. (2016). Determinants of Agripreneurship Among the Rural Households of Ishielu Local Government Area of Ebonyi State. Journal of Biology, Agriculture and Healthcare 6(13):3-10.
Nwibo, S. U. and Alimba, J. O. (2013). Determinants of Investment Decisions among Agribusiness Investors in South-East, Nigeria. Journal of Business and Management, 8(6): 60-67
Ogunmodede, A.M., Ogunsanwo, M.O., and Manyong, V., (2020). Unlocking the Potential of Agribusiness in Africa through Youth Participation: An Impact Evaluation of N-Agro Empowerment Program in Nigeria. Sustainability 12(14), 5737.
Okolie, U. C., Ehiobuche, C., Igwe, P. A., Agha-Okoro, M. A., and Onwe, C. C. (2021). Women Entrepreneurship and Poverty Alleviation: Understanding the Economic and Socio-Cultural Context of the Igbo Women’s Basket Weaving Enterprise in Nigeria. Journal of African Business, 22(4), 448-467.
Ovharhe, O. J ., Ofuoku, A. U., Okwuokenye, G. F . and Ugbunu, F. O. (2020). A Review of Agricultural Extension Systems in Nigeria. Nigerian Journal of Agriculture, Food and Environment. 16(1): 122-131.
Raddy G. O., Ikpi A. E., Okoruwa V. O. and Akinyosoye V. O. (2019). Preferences of Micro, Small and Medium Scale Enterprises to Financial Products in Nigeria. Journal of Agricultural Economics and Development, 1(4): 80-98
Umeh, G.N., Nwibo, S.U., Nwofoke, C., Odoh, N.E., Eze, A.N., Egwu, P.N. and Mbam, B.N (2019). Nigerian Agricultura Journal. Volume 50 Number 2, December 2019. Pp.92-99 Available online at: http://www.ajol.info/index.php/naj.
Twumasi, M. A., Jiang, Y., & Danquah, F. O. (2019). The Role of Savings Mobilization on Access to Credit: A Case Study of Smallholder Farmers in Ghana Access to Credit. Agriculture Finance Review, 80, 289-304. https://doi.org/10.1108/AFR-05-2019-0055.
Uche, C. & Familusi, L.C. (2018). The Adoption of Agripreneurship as a Mitigating Measure to Unemployment in Nigeria: A Topical Review.’ Global Journal of Management and Research: G Interdisciplinary. 18(2):72-84.
Udonquak, A. (2020). FG Disburses over N993M to 24,929 Poor Households in Akwa Ibom. The Businessday, 29(2): 12-24
Umeh, G.N., Nwibo, S.U., Nwofoke, C., Odoh, N.E., Eze, A.N., Egwu, P.N. and Mbam, B.N. (2019) Preference Differentials for Agro-Entrepreneurship Among Youths in Ebonyi State, Nigeria. Nigerian agricultural journal, 50 (2): 92-99
Downloads
Published
Issue
Section
License
Copyright (c) 2025 FUDMA Journal of Agriculture and Agricultural Technology
This work is licensed under a Creative Commons Attribution-NonCommercial 4.0 International License.
