Efficiency in Capital Resource Mobilization and Use

Innocent Odoemenem

ISBN 10: 3838390598 / ISBN 13: 9783838390598

Published by LAP LAMBERT Academic Publishing Aug 2010, 2010

About this Item

Neuware -In Nigeria at large and Benue State in particular, the problem of subsidized credit in capital resource use has stalled or at best distorted the flow of credit in the agricultural sector. Opinions are divided on the use of credit made available to all categories of farmers particularly the small-scale farmers. Some people are in favour of government policy on subsidizing agricultural credit while others are against the policy. This book therefore, addressed the capital resource mobilization methods and allocation efficiency of small-scale Cereal crop farmers of Benue State, Nigeria. It explained that a high proportion of agricultural credit to the small-scale cereal crop farmers were used directly for financing agricultural activities like hired laboure, purchase of seeds, fertilizers, agro-chemicals and farm impliments/tools. It further explained that a smaller percentage not directly invested in agricultural activities were invested in projects like family health finances and payment of school fees. These projects are forms of capital accumulation in the industry.Books on Demand GmbH, Überseering 33, 22297 Hamburg 84 pp. Englisch.

Seller Inventory # 9783838390598

Bibliographic Details

• Title: Efficiency in Capital Resource Mobilization and Use
• Publisher: LAP LAMBERT Academic Publishing Aug 2010
• Publication Date: 2010
• Language: English
• ISBN 10: 3838390598
• ISBN 13: 9783838390598
• Binding: Taschenbuch
• Condition: Neu
• Dimensions: 220W x 150H x 6D millimeters 220 millimeters width by 150 millimeters height by 6 millimeters depth
• Weight: 143 grams

About this title

Synopsis

In Nigeria at large and Benue State in particular, the problem of subsidized credit in capital resource use has stalled or at best distorted the flow of credit in the agricultural sector. Opinions are divided on the use of credit made available to all categories of farmers particularly the small-scale farmers. Some people are in favour of government policy on subsidizing agricultural credit while others are against the policy. This book therefore, addressed the capital resource mobilization methods and allocation efficiency of small-scale Cereal crop farmers of Benue State, Nigeria. It explained that a high proportion of agricultural credit to the small-scale cereal crop farmers were used directly for financing agricultural activities like hired laboure, purchase of seeds, fertilizers, agro-chemicals and farm impliments/tools. It further explained that a smaller percentage not directly invested in agricultural activities were invested in projects like family health finances and payment of school fees. These projects are forms of capital accumulation in the industry.

About the Author

Dr. I.U. Odoemenem is currently a Senior Lecturer in the Dept. of Agric. Econs.University of Agric.Makurdi, Benue State, Nigeria. He had taught for five years at the faculty of Agric.University of Nigeria Nsukka. He confirms that Small-scale Cereal Crop Farmers of Benue State are efficient in the use of Agric. Credit.