Search results

1 – 3 of 3
Article
Publication date: 28 July 2023

Nice Chukwuma-Ume and Chukwuma Otum Ume

This study aims to focus on assessing the status of agribusiness enterprises in Nigeria. The specific goals were to ascertain the level of performance of different categories of…

94

Abstract

Purpose

This study aims to focus on assessing the status of agribusiness enterprises in Nigeria. The specific goals were to ascertain the level of performance of different categories of agribusiness enterprises, and determine the institutional and firm-level characteristics that influence agribusiness performance.

Design/methodology/approach

The study is based on secondary data. These data were sourced from the World Bank business enterprise survey. The World Bank Enterprise survey employed a purposive sampling technique to select major staple agribusiness categories in Nigeria. The categories selected were those included in the World Bank's categorization of agribusiness enterprises. These categories include tobacco, food, textiles, leather, garments, paper industries and wood. The individual firms included in the survey were randomly selected from the selected agribusiness categories. In total, 721 agribusiness firms were selected. Data were analyzed with multiple linear regression at a 5% probability level.

Findings

The result of the analysis showed that small-scale agribusiness enterprises have the best performance based on an average of the five performance indicators considered in this study. The determinants of agribusiness performance showed that the credit constraint, size of enterprise, bureaucracy and corruption negatively and significantly affected the performance of agribusiness enterprises in the country, while the gender and educational status of the top manager were positively significant.

Research limitations/implications

The findings imply that small agribusinesses are instrumental in the development of the agribusiness sector and by extension the economy of the nation.

Originality/value

This study enhances the understanding of how best to deliver improved system-level performance policy and wealth creation, especially within the agribusiness subsector.

Details

Journal of Agribusiness in Developing and Emerging Economies, vol. ahead-of-print no. ahead-of-print
Type: Research Article
ISSN: 2044-0839

Keywords

Article
Publication date: 21 March 2024

Ogochukwu Gabriella Onah, Anselm Anibueze Enete, Chukwuemeka Uzoma Okoye, Chukwuma Otum Ume and Chukwuemeka Chiebonam Onyia

The goal of this study was to determine the impact of access to credit facilities on financial performance among farmers of cooperative societies. The study also tested the…

Abstract

Purpose

The goal of this study was to determine the impact of access to credit facilities on financial performance among farmers of cooperative societies. The study also tested the predictive power of financial literacy.

Design/methodology/approach

The descriptive survey research design was used for the study while the sample size was 240 farmers of cooperative societies from South-East Nigeria. The farmers were categorised into those with access to credit facilities and those without access to credit facilities. A structured questionnaire was used to collect data for the study. Data were analysed using multiple analyses of variance (MANOVA) and multiple regression analysis.

Findings

Farmers with access to credit facilities reported higher financial performance such as return on investment, working capital, net profit, profit margin and sales. However, those without access to credit facilities reported lower mean scores on financial performance. Also, financial literacy, like financial knowledge, attitude and awareness, significantly predicts the impact of access to credit facilities on financial performance. It was also found that the duration of repayment of credit facilities, like medium and long term, contributes more to improving financial performance.

Originality/value

This study has shown that even though access to credit facilities impacts financial performance, financial literacy is an important consideration. Also, the duration of repayment is a crucial factor.

Details

International Journal of Social Economics, vol. ahead-of-print no. ahead-of-print
Type: Research Article
ISSN: 0306-8293

Keywords

Book part
Publication date: 23 May 2022

Chukwudi C. Olumba, Cynthia N. Olumba and Chukwuma Ume

Taking a gender-sensitive approach, this study examines the socio-economic and institutional drivers of household vulnerability to the shocks occasioned by the COVID-19 pandemic…

Abstract

Taking a gender-sensitive approach, this study examines the socio-economic and institutional drivers of household vulnerability to the shocks occasioned by the COVID-19 pandemic. The study employs country-level panel data for Nigeria. Data collected were analysed using descriptive statistics, Pearson's chi-square, and ordered logistic regression. The study found significant heterogeneity in vulnerability to the COVID-19 shocks between the male-headed households (MHHs) and female-headed households (FHHs) (p < 0.1). The econometric results reveal that in the MHHs, the geographical location, livelihood diversification, and ownership of television were the significant drivers of vulnerability to COVID-19–related shocks. In the FHHs, credit constraints, household size, value of the household assets, geographical location, ownership of television and radio, and experiences of previous shocks were found to be significant drivers of vulnerability to COVID-19–related shocks. This study provides insights for designing inclusive social protection interventions and gender-sensitive COVID-19 recovery policies.

Details

COVID-19 in the African Continent
Type: Book
ISBN: 978-1-80117-687-3

Keywords

1 – 3 of 3