Farmers Perception Of Volume Of Credit Insurance On Crop Production In Borno State, Nigeria

  • MG Tliza
  • UC Undiandeye
  • PM Bzugu
Keywords: perception, insurance scheme, credit and production.

Abstract



The study was carried out in Jere, Konduga, Damboa and Biu Local Govrnment Areas ( LGAs) of Borno State to investigate farmers perception of of the volume of credit insurance on crop production in Borno State, Nigeria.. Five wards were purposively selected from each LGA and from each ward, ten village communities were selected. Having found out that all the selected villages had about equal participants in the scheme, a simple random sampling technique was used to select four hundred respondents. However, only three hundred and sixty five successfully completed interview schedules which were used for the analysis. Data was collected by means of pre-tested interview schedule and analyzed using descriptive statistics and correlation analysis. The respondents who were mostly youths perceived the volume of credit insurance on crop production in the state to be significant. It was recommended that farmers apply for bigger credit insurance for higher production. Extension workers were also advised to encourage more farmers to participate in the scheme because the result has shown that most of the farmers that participated had doubled their net farm income over the before the credit insurance situation.

Keywords: perception, insurance scheme, credit and production.

Global Approaches to Extension Practice Vol. 4 (1) 2008: pp. 114-122
Published
2008-08-14
Section
Articles

Journal Identifiers


eISSN: 0794-1005