EconPapers    
Economics at your fingertips  
 

Electronic wallet technology and the enabling environment of smallholder farmers in Nigeria

Joseph Uduji (), Elda Okolo-Obasi () and Simplice Asongu ()
Additional contact information
Joseph Uduji: University of Nigeria, Nsukka, Nigeria
Elda Okolo-Obasi: University of Nigeria, Nsukka, Nigeria

No 19/041, CEREDEC Working Papers from Centre de Recherche pour le Développement Economique (CEREDEC)

Abstract: Purpose – The purpose of this paper is to critically examine the impact of growth enhancement support scheme (GESS) on the enabling environment of smallholder farmers in sub-Saharan Africa. Its special focus is to investigate the GESS impact on access to rural farm credit and transport cost of smallholder farmers in the agricultural transformation agenda (ATA) in Nigeria. Design/methodology/approach – This paper adopts a survey research technique, aimed at gathering information from a representative sample of the population, as it is essentially cross-sectional that describes and interprets what exist at present. A total of one thousand, two hundred farmers were sampled across the six geopolitical zones of Nigeria. Findings – Results from the use of a double-hurdle model indicate that the GESS has a significant impact on farmers’ access to credit, but does not significantly affect rural farm transport cost, which subsequently influence the price of food in the country. Practical implication – This implies that if the federal government of Nigeria is to work towards an ideal agricultural transformation agenda, transport networks should be closely aligned with the GESS priorities to provide connectivity to rural areas that provide most of the country’s agricultural output. Originality/value – This research adds to the literature on agricultural and rural development debate in developing countries. It concludes that embracing rural finance and transportation infrastructure should form the foundation of the ATA in Nigeria, which in turn would provide the enabling environment for more widespread rural economy in sub-Saharan Africa.

Keywords: Agricultural transformation agenda; Double-hurdle model; Smallholder farmers’ enabling environment; Growth enhancement support scheme; Electronic wallet technology; Sub-Saharan Africa (search for similar items in EconPapers)
JEL-codes: Q10 Q14 L96 O40 O55 (search for similar items in EconPapers)
Pages: 38
Date: 2019-01
References: Add references at CitEc
Citations: View citations in EconPapers (6) Track citations by RSS feed

Forthcoming: Agricultural Finance Review

Downloads: (external link)
http://publications.ceredec.org/RePEc/aby/aby-wpap ... armersin-Nigeria.pdf Revised version, 2019 (application/pdf)
Our link check indicates that this URL is bad, the error code is: 500 Internal Server Error

Related works:
Working Paper: Electronic wallet technology and the enabling environment of smallholder farmers in Nigeria (2019) Downloads
Working Paper: Electronic wallet technology and the enabling environment of smallholder farmers in Nigeria (2019) Downloads
Working Paper: Electronic wallet technology and the enabling environment of smallholder farmers in Nigeria (2019) Downloads
Working Paper: Electronic wallet technology and the enabling environment of smallholder farmers in Nigeria (2019) Downloads
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:aby:wpaper:19/041

Access Statistics for this paper

More papers in CEREDEC Working Papers from Centre de Recherche pour le Développement Economique (CEREDEC)
Bibliographic data for series maintained by Anutechia Asongu Simplice ().

 
Page updated 2020-08-05
Handle: RePEc:aby:wpaper:19/041