Arbeitspapier

Farmers' food price volatility and Nigeria's growth enhancement support scheme

The prices of food in Nigeria have become considerably higher and more volatile since 2012. The aim of this research was to ascertain factors affecting farmers' involvement in the growth enhancement support programme (GESS) in the country. We ascertained the effect of the GESS on the handiness of market information and agricultural inputs that impact on price volatility at farm gate level. In number, 600 rural farmers were sampled across the six geopolitical zones of Nigeria. Results obtained from the use of a bivariate probit model show that farmers relied on the GESS for resolving food price volatility by making available the food market information and agricultural inputs that cut down the incidence and degree of panic-compelled price increment in Nigeria. The findings suggested the need to enhance the GESS in line with the agricultural transformation agenda (ATA) by reducing the hindrances mostly connected to the use of mobile phones, and how far the registration and collection centers are.

Sprache
Englisch

Erschienen in
Series: AGDI Working Paper ; No. WP/19/075

Klassifikation
Wirtschaft
Economic Development: Agriculture; Natural Resources; Energy; Environment; Other Primary Products
Agriculture: General
Economic History: Financial Markets and Institutions: Africa; Oceania
Thema
Agricultural transformation agenda
bivariate probit model
food price volatility
growth enhancement support scheme
rural farmers
Nigeria

Ereignis
Geistige Schöpfung
(wer)
Uduji, Joseph I.
Okolo-Obasi, Elda N.
Asongu, Simplice
Ereignis
Veröffentlichung
(wer)
African Governance and Development Institute (AGDI)
(wo)
Yaoundé
(wann)
2019

Handle
Letzte Aktualisierung
10.03.2025, 11:42 MEZ

Datenpartner

Dieses Objekt wird bereitgestellt von:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.

Objekttyp

  • Arbeitspapier

Beteiligte

  • Uduji, Joseph I.
  • Okolo-Obasi, Elda N.
  • Asongu, Simplice
  • African Governance and Development Institute (AGDI)

Entstanden

  • 2019

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