ROLE OF BANKING SECTOR IN THE DEVELOPMENT OF AGRICULTURAL EXPORTS IN NIGERIA

  • Type: Project
  • Department: Banking and Finance
  • Project ID: BFN2326
  • Access Fee: ₦5,000 ($14)
  • Pages: 11 Pages
  • Format: Microsoft Word
  • Views: 168
  • Report This work

For more Info, call us on
+234 8130 686 500
or
+234 8093 423 853

TABLE OF CONTENTS

 

Title page                                                                                                                    i           

Certification                                                                                                               ii

Dedication                                                                                                                  iii

Acknowledgement                                                                                                      iv

Table of Contents                                                                                                       vi

List of Tables                                                                                                              x

Abstract                                                                                                                      xii

CHAPTER ONE: INTRODUCTION

1.1       Background to the Study                                                                                1                       

1.2       Statement of the Problem                                                                               5           

1.3       Research Questions                                                                                        6

1.4       Objective of the Study                                                                                    6           

1.5       Hypotheses of the Study                                                                                 7           

1.6       Justification of the Study                                                                                7           

1.7       Scope of the Study                                                                                          8

1.8       Organization of the Study                                                                             8

CHAPTER TWO: LITERATURE REVIEW

2.0       Introduction                                                                                                    10

2.1       Conceptual Review                                                                                         10

2.1.1    Concept of Agricultural Exports                                                                    10

2.1.2    Concept of Agricultural Credit                                                                       13

2.1.3    Sources of Agricultural Financing                                                                 19

2.1.3.1 Bank of Agriculture                                                                                       20

2.1.3.2 Commercial Banks                                                                                         22

2.1.3.3 Central Bank of Nigeria                                                                                 22

2.1.4    Agricultural Credit Guarantee Scheme fund establishment                          23

2.2       Theoretical Framework                                                                                  25

2.2.1    Absolute Advantage Theory                                                                           25

2.2.2    Comparative Advantage Theory                                                                    27

2.3       Empirical Review                                                                                           29

2.4       Research Gap                                                                                                  38

CHAPTER THREE: RESEARCH METHODOLOGY

3.0       Introduction                                                                                                    40

3.1       Model Specification                                                                                       40

3.2       Research Design                                                                                             41

3.3       Population of the Study                                                                                  42

3.4       Sample Size and Sampling Technique                                                           42

3.5       Sources of Data                                                                                              42

3.6       Method of Data Analysis                                                                               43

CHAPTER FOUR: RESULTS AND DISCUSSIONS

4.0       Introduction                                                                                                    44

4.1       Data Description                                                                                            44

4.2       Data Analysis and Results                                                                              45

4.2.1    Descriptive Statistics                                                                                      45

4.2.2    Testing of Research Hypotheses                                                                    48

4.2.3    Model Summary                                                                                             51

4.2.4    Analysis of Variance                                                                                      52

4.2.5    Interpretation of Regression Coefficient                                                        53

4.3       Discussion of Findings                                                                                   54

CHAPTER FIVE: SUMMARY, CONCLUSION AND RECOMMENDATIONS

5.1       Summary                                                                                                        58

5.2       Conclusion                                                                                                      59

5.3       Recommendation                                                                                           59

REFERENCES                                                                                                           62

 

 


LIST OF TABLES

Table 4.1:        Data Description                                                                                            44

Table 4.2:        Descriptive Statistics                                                                                      46

Table 4.3:        Correlation Analysis                                                                                       49

Table 4.4:        Model Summary                                                                                             51

Table 4.5:        ANOVA Table                                                                                               52

Table 4.6:        Regression Results                                                                                         53


 

LIST OF FIGURE

Figure 4.1:      Mean Agricultural Exports                                                                 47

 


ABSTRACT

Agricultural exports sector has been declining due to poor access to credit facilitiesat pre-shipment and post shipment stages as opposed to what is happening in other countries of the world.  This may be attributed to the banking sector not clearly identifying their major functions in boosting agricultural sector.Against this background, this study examined the role of banking sector in the development of agricultural export in Nigeria. The specific objectives were to: (i)to examine the contribution of banking sector to the development of agricultural exports in Nigeria; (ii) assess the impact of increased cost arising from exchange rate fluctuation on agricultural exports in Nigeria; (iii) evaluate the impact of interest rate on loans granted to the Agricultural sector in Nigeria. Ex-post facto research design was used and data of banking sector GDP, exchange rate, interest rate and agricultural exports from period of 2005-2015 were used. The study used descriptive statistics, pairwise correlation and generalised least square technique to analyse the secondary data extracted from NBS, Nigeria statistical bulletin among others for the period of 2005 to 2015. The study revealed that (i)banks does not provide adequate fund to the farmers needed for the production of Agricultural goods, (ii) fluctuation in the exchange rate allows the agriculturists to export agricultural products. (iii) interest rate has  significant influence on agricultural exports in Nigeria. The study therefore recommended that government should provide incentives and enabling environment that aid the activities of agricultural exporters, intervene in the level of interest rate given to agriculturists or investors from banks, government should ensure pre and post shipment finance in local currency through rediscounting facility and exchange rate should be stabilised. 

ROLE OF BANKING SECTOR IN THE DEVELOPMENT OF AGRICULTURAL EXPORTS IN NIGERIA
For more Info, call us on
+234 8130 686 500
or
+234 8093 423 853

Share This
  • Type: Project
  • Department: Banking and Finance
  • Project ID: BFN2326
  • Access Fee: ₦5,000 ($14)
  • Pages: 11 Pages
  • Format: Microsoft Word
  • Views: 168
Payment Instruction
Bank payment for Nigerians, Make a payment of ₦ 5,000 to

Bank GTBANK
gtbank
Account Name Obiaks Business Venture
Account Number 0211074565

Bitcoin: Make a payment of 0.0005 to

Bitcoin(Btc)

btc wallet
Copy to clipboard Copy text

500
Leave a comment...

    Details

    Type Project
    Department Banking and Finance
    Project ID BFN2326
    Fee ₦5,000 ($14)
    No of Pages 11 Pages
    Format Microsoft Word

    Related Works

    TABLE OF CONTENTS Title page: Approval page: Dedication: Acknowledgement: CHAPTER ONE 1.1Background of the study: 1.2Statement of the problem: 1.3Objective of study: 1.4Significance of the study: 1.5Benefits of the study: CHAPTER TWO 2.0Literature review 2.1Review of related literature 2.2The role of the financial sector in promoting... Continue Reading
    INTRODUCTION As a developing country, Nigeria is a net importer of capital. They need foreign exchange to finance exchange earnings from all, which contributes a major, part other total foreign exchange earning. Since the financial sector, in general and the banks in particular, are the nere centers of the Nigeria economy, they are therefore... Continue Reading
    INTRODUCTION As a developing country, Nigeria is a net importer of capital. They need foreign exchange to finance exchange earnings from all, which contributes a major, part other total foreign exchange earning. Since the financial sector, in general and the banks in particular, are the nere centers of the Nigeria economy, they are therefore... Continue Reading
    TABLE OF CONTENTS Title page:  Approval page:  Dedication:  Acknowledgement:   CHAPTER ONE 1.1Background of the study:  1.2Statement of the problem:  1.3Objective of study: 1.4Significance of the study:  1.5Benefits of the study:   CHAPTER TWO 2.0Literature review 2.1Review of related literature 2.2The role of the financial sector in... Continue Reading
    ABSTRACT This research work investigates the Roles of Agricultural sectors on Economic Growth and Development in Nigeria using the multiple regression analysis method. The data utilized spanned between 1981 - 2010. The research work analyses and describes the past methods of agricultural development In Nigeria and this helps to know the... Continue Reading
    Abstract   This study examined the role of financial institutions in agricultural development. A case study of Nigeria Agricultural Cooperative and Rural Development Bank, with a view to make useful suggestions and recommendations as way of enhancing the development of agricultural sector. The population for the study includes large and small... Continue Reading
    (A CASE STUDY OF UNION BANK, ENUGU BRANCH) CHAPTER ONE INTRODUCTION 1.1      Background of the Study Every nation aspires to develop its urban and rural areas. Policies are formulated to ensure the achievement of the overall development of the nation. For instance, in... Continue Reading
    ABSTRACT This project is an attempt to examine the role of financial institution in agricultural development in Nigeria with particular reference to Nigeria agricultural and co- operative bank Enugu. And to suggest ways by which they can be of better use to the nations. The project also made desperate attempt to get the view of some farmers.... Continue Reading
    ABSTRACT This project is an attempt to examine the role of financial institution in agricultural development in Nigeria with particular reference to Nigeria agricultural and co- operative bank Enugu. And to suggest ways by which they can be of better use to the nations. The project also made desperate attempt to get the view of some farmers.... Continue Reading
    Call Us
    Get this work
    whatsappWhatsApp Us