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

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

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Abstract

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.

References

5 Cites in Article
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  2. 2. H Aliero,S Muktar (2012). The Prospects of Micro-Insurance in the Rural Areas of Nigeria. European Scientific Journal, 8(3), 66-76.
  3. 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. Asset Journal, 2(1), 157-163.
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Funding

No external funding was declared for this work.

Conflict of Interest

The authors declare no conflict of interest.

Ethical Approval

No ethics committee approval was required for this article type.

Data Availability

Not applicable for this article.

How to Cite This Article

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

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Journal Specifications

Crossref Journal DOI 10.17406/GJSFR

Print ISSN 0975-5896

e-ISSN 2249-4626

Keywords
Classification
GJSFR-D Classification FOR Code: 070199
Version of record

v1.2

Issue date
October 2, 2013

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

Federal University of Technology