MANAGEMENT OF RISK IN AGRICULTURAL FINANCING (A CASE STUDY OF NIGERIA AGRICULTURAL AND COMMERCE BANK PLC, ENUGU BRANCH)
PROPOSAL :Management of Risk in Agricultural Financing” mainly to examine the causes and nature of risks in agricultural financing and identifying possible variation of the risks and reasons therefore for such variation among projects and lenders.
The purpose of this work is to identify the problems encountered by farmers in getting loans from banks and other agricultural financing institution as in Nigerian Agricultural and Commerce Bank Plc, Enugu.
This project will be organized in five chapters. Chapter one, introduction which will present to the background of the study, statement of problems, objectives of the study, significance of the study, research hypothesis, scope and limitation of the study and definition of terms.
In chapter two, will be literature in the history of the topic, role of finance in agricultural development, risk in agriculture.
In chapter three, the research design and methodology, source of data, source of primary data, source of secondary data, literature question and sample used will be explained.
Chapter four will deal with the presentation and test of hypothesis.
The fifth and final chapter deal with possible findings, conclusion, recommendation and bibliography.
TABLE OF CONTENTS
CHAPTER ONE:
- Introduction
1.1 Background of the study
1.2 Statement of the problem
1.3 Objectives of the study
1.4 Significance of the study
1.5 Statement of hypothesis
1.6 Research Question
1.7 Scope and Limitation of the study
1.8 Definition of terms
CHAPTER TWO:
- Literature review
2.1 Project Management
2.2 Management Techniques
2.3 Role of Finance in Agricultural development
2.4 Risk in agriculture
2.5 Poverty alleviation through agriculture
2.6 Farmer defence against risk and uncertainty
2.7 Uncertainty precautions
CHAPTER THREE:
- Research design and methodology
3.1 Source of data
3.2 Source of primary data
3.3 Source of secondary data
3.4 Literature question
3.5 Sample used
CHAPTER FOUR:
- Data presentation and analysis
4.1 Presentation of data
4.2 Analysis of data
4.3 Test of hypothesis
4.4 Interpretation of result
CHAPTER FIVE:
- Summary of finding
5.1 Discussion of finding
5.2 Conclusion
5.3 Recommendation
Bibliography
Appendices
CHAPTER ONE
- INTRODUCTION
1.1 BACKGROUND OF THE STUDY
Agriculture has been the main stay of Nigerian economy before the Nigeria independence until the era of oil boom. Statistics show that in 1963/64 agriculture provided about 50% of the Gross National Product (GNP) and 88% of the country’s basic foreign exchange earner of crops like palm oil, palm kernels, cocoa, cotton, groundnut, cereal, woods as raw material for their industries.
Although after independence a gradual drift in cities in search of white-collar jobs began and this handicapped the agricultural sector, which lead to a serious decline in agricultural produce, compounding this problem is the oil euphoria, which added more impetus to population drift and neglect thereby leading to Nigeria’s loss of agricultural manpower. Nigeria quickly turned from a food exporting country with bill accounting for 18% in 1979 and more than 26% in 1983. Total import bill at this rate compared with 8.5% in 1971 was a sign of total collapse of the agricultural sector.
