Agricultural Finance Constraints in the Nigerian Agricultural Sector

Margaret Adesugba and George Mavrotas

The African Finance Journal, 2020, vol. 22, issue 2, 1-21

Abstract: The importance of secure, accessible and reliable sources of agricultural finance for smallholder farmers and micro, small and medium scale agribusinesses in Nigeria cannot be underestimated. Despite increasing prospects for agricultural financing in Nigeria in recent years, smallholder farmers and micro, small and medium scale agribusinesses still face several constraints that limit their access to agricultural finance, business expansion and the nature of investment that they can embark upon. This paper investigates the key constraints faced by smallholder farmers and micro, small and medium scale agribusinesses in Nigeria by using both the 2015/2016 Living Standard Measurement Survey for Nigeria and a survey of 505 micro, small and medium scale agribusinesses in Abuja, Anambra, Kano and Oyo states.

JEL-codes: O13 Q14 Q18 (search for similar items in EconPapers)
Date: 2020
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Persistent link: https://EconPapers.repec.org/RePEc:afj:journl:v:22:y:2020:i:2:p:1-21

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