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ZENODO
Article . 2023
License: CC BY
Data sources: ZENODO
ZENODO
Article . 2023
License: CC BY
Data sources: Datacite
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THE INFLUENCE OF DEPOSIT MONEY BANKS ON AGRICULTURAL FINANCING IN NIGERIA

Authors: Akinuli, Bankole Olu1*, Osagiede Manson2, Adegoroye, Ademola3, Mope Christianah4, Oluwatosin, Ayotomide Olorunfemi5;

THE INFLUENCE OF DEPOSIT MONEY BANKS ON AGRICULTURAL FINANCING IN NIGERIA

Abstract

This study examined the influence of agricultural financing by deposit money bank and government on agricultural output in Nigeria. The time series data used spanning between 1983 up to 2022 culled from Central Bank of Nigeria (CBN) Statistical Bulletin. The study employed simple ordinary least square analysis. Both pre-test and post-test analyses conducted revealed suitable results. The study found out that banks and government's financing activities of agriculture have positive influence on the agricultural output within the period of investigation. It is significant that the government makes agriculture attractive to young and vibrant men who have what it takes to sustain the nation, reduce acute shortage of food production and thereby making enough food available for local consumption and for exportation and hence garner foreign currencies from agricultural products. Also, the government should remove the bottlenecks farmers face while trying to secure banks' loans for their operations.

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  • citations
    This is an alternative to the "Influence" indicator, which also reflects the overall/total impact of an article in the research community at large, based on the underlying citation network (diachronically).
    0
    popularity
    This indicator reflects the "current" impact/attention (the "hype") of an article in the research community at large, based on the underlying citation network.
    Average
    influence
    This indicator reflects the overall/total impact of an article in the research community at large, based on the underlying citation network (diachronically).
    Average
    impulse
    This indicator reflects the initial momentum of an article directly after its publication, based on the underlying citation network.
    Average
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citations
This is an alternative to the "Influence" indicator, which also reflects the overall/total impact of an article in the research community at large, based on the underlying citation network (diachronically).
BIP!Citations provided by BIP!
popularity
This indicator reflects the "current" impact/attention (the "hype") of an article in the research community at large, based on the underlying citation network.
BIP!Popularity provided by BIP!
influence
This indicator reflects the overall/total impact of an article in the research community at large, based on the underlying citation network (diachronically).
BIP!Influence provided by BIP!
impulse
This indicator reflects the initial momentum of an article directly after its publication, based on the underlying citation network.
BIP!Impulse provided by BIP!
0
Average
Average
Average
Green