Analysis of Rural Cassava Farmersa Participation in the Nigeria Agricultural Insurance Scheme in Imo State, Nigeria

1
aksymeon35
aksymeon35
2
Nnadi
Nnadi
3
F.N.
F.N.
4
C. D.
C. D.
5
Chikaire
Chikaire
7
Umunnakwe
Umunnakwe
8
P.C.
P.C.
9
Ihenacho
Ihenacho
10
R.A.
R.A.
1 Federal University of Technology

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The importance of insurance in mitigating food insecurity necessitated this study that analyzed rural cassava farmers’ participation in the Nigeria agricultural insurance scheme in Imo State, Nigeria. The study focused on the socio-economic differentials of participants and non participant; reasons for participation and determinants of participation. Data collected from 90 sampled cassava farmers using structured questionnaire and interview schedule were analyzed with the aid of percentage count, frequency tables, z-test and logit regression model at 0.05 levels of significance. The result shows socio-economic differentials in the age, education, farming experience, social organization membership, status of participants and non participants in the scheme. The reasons cited for participation included to acquire loan and continue in business even after suffering losses. While the reasons for nonparticipation included inadequate knowledge of the scheme and cost of insurance, the socio-economic and farm enterprise characteristics of age, education, marital status, farming status, farming experience, farm size and credit opportunity determined the farmers that participated in the scheme. It was recommended that extension education campaign be mounted for enlightenment of the scheme and consideration should be given to the farmers socio-economic and farm enterprise characteristics in designing intervention strategies and advocacy on the scheme.

5 Cites in Articles

References

  1. T Adekanya (1985). Some considerations for Development Technology in Agriculture Paper Presented at the 2nd national conference of farm management association Zaria.
  2. H Aliero,S Muktar (2012). The Prospects of Micro-Insurance in the Rural Areas of Nigeria.
  3. J Agada,D Philip (2002). A logit analysis of the participation in the Nigerian Agriculture Insurance Scheme by maize growing farmers in Kaduna state.
  4. W Brown,C Churchill (1999). Micro-Insurance: Providing Insurance to Low Income Households.
  5. Igbo Unamba-Oparah (1985). THE POTASSIUM STATUS OF THE SANDY SOILS OF NORTHERN IMO STATE, NIGERIA.

Funding

No external funding was declared for this work.

Conflict of Interest

The authors declare no conflict of interest.

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No ethics committee approval was required for this article type.

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Not applicable for this article.

aksymeon35. 2013. \u201cAnalysis of Rural Cassava Farmersa Participation in the Nigeria Agricultural Insurance Scheme in Imo State, Nigeria\u201d. Global Journal of Science Frontier Research - D: Agriculture & Veterinary GJSFR-D Volume 13 (GJSFR Volume 13 Issue D11): .

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GJSFR Volume 13 Issue D11
Pg. 39- 45
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Crossref Journal DOI 10.17406/GJSFR

Print ISSN 0975-5896

e-ISSN 2249-4626

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October 2, 2013

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The importance of insurance in mitigating food insecurity necessitated this study that analyzed rural cassava farmers’ participation in the Nigeria agricultural insurance scheme in Imo State, Nigeria. The study focused on the socio-economic differentials of participants and non participant; reasons for participation and determinants of participation. Data collected from 90 sampled cassava farmers using structured questionnaire and interview schedule were analyzed with the aid of percentage count, frequency tables, z-test and logit regression model at 0.05 levels of significance. The result shows socio-economic differentials in the age, education, farming experience, social organization membership, status of participants and non participants in the scheme. The reasons cited for participation included to acquire loan and continue in business even after suffering losses. While the reasons for nonparticipation included inadequate knowledge of the scheme and cost of insurance, the socio-economic and farm enterprise characteristics of age, education, marital status, farming status, farming experience, farm size and credit opportunity determined the farmers that participated in the scheme. It was recommended that extension education campaign be mounted for enlightenment of the scheme and consideration should be given to the farmers socio-economic and farm enterprise characteristics in designing intervention strategies and advocacy on the scheme.

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Analysis of Rural Cassava Farmersa Participation in the Nigeria Agricultural Insurance Scheme in Imo State, Nigeria

Nnadi
Nnadi
F.N.
F.N.
Nnadi
Nnadi
C. D.
C. D.
Chikaire
Chikaire
J.
J.
Umunnakwe
Umunnakwe
P.C.
P.C.
Ihenacho
Ihenacho
R.A.
R.A.

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