ABSTRACT
The purpose of this study is to determine if there is significant increase in output of
the Nigerian farmers after micro credit loan had been obtained. The study made use
of secondary data predominantly, especially data from the Nigeria Agricultural Co
operative and Rural Development (NACRDB). The Statistical tool used in the
analysis are : Difference between tow means of X and Y variable; spearman
correlation coefficient of variations and finally the Z test. At the end of the analysis
we found that the Nigeria farmers significantly depend on micro Credit loan to
increase out; secondly, there was a significant difference in output after micro credit
loan had been obtained. On this basis of our research findings, we recommend that
Nigerian farmers should be economically empowered now than ever before; that
micro credit scheme should be sustained by all tiers of government (Federal, State
and Local Government); that agencies such as NACRDB and NAPEP should involve
in public enlightenment program that will educate farmers on opportunities open to
them; that private sectors can participate actively on micro credit scheme by setting
up agricultural foundation scheme for the provision of micro credit to farmer.
EMMANUEL, O (2021). The Impact Of Micro Credit Financing On The Output Of The Nigerian Farmers (A Case Of South Eastern States Of Nigeria 1990-2005). Afribary. Retrieved from https://afribary.com/works/the-impact-of-micro-credit-financing-on-the-output-of-the-nigerian-farmers-a-case-of-south-eastern-states-of-nigeria-1990-2005
EMMANUEL, OBALUM "The Impact Of Micro Credit Financing On The Output Of The Nigerian Farmers (A Case Of South Eastern States Of Nigeria 1990-2005)" Afribary. Afribary, 26 Apr. 2021, https://afribary.com/works/the-impact-of-micro-credit-financing-on-the-output-of-the-nigerian-farmers-a-case-of-south-eastern-states-of-nigeria-1990-2005. Accessed 19 Apr. 2024.
EMMANUEL, OBALUM . "The Impact Of Micro Credit Financing On The Output Of The Nigerian Farmers (A Case Of South Eastern States Of Nigeria 1990-2005)". Afribary, Afribary, 26 Apr. 2021. Web. 19 Apr. 2024. < https://afribary.com/works/the-impact-of-micro-credit-financing-on-the-output-of-the-nigerian-farmers-a-case-of-south-eastern-states-of-nigeria-1990-2005 >.
EMMANUEL, OBALUM . "The Impact Of Micro Credit Financing On The Output Of The Nigerian Farmers (A Case Of South Eastern States Of Nigeria 1990-2005)" Afribary (2021). Accessed April 19, 2024. https://afribary.com/works/the-impact-of-micro-credit-financing-on-the-output-of-the-nigerian-farmers-a-case-of-south-eastern-states-of-nigeria-1990-2005