Vocational agriculture and entrepreneurship aspirations among university students in Nigeria

Francis, Onu M.; Ifeanyieze, Florence O.; Ikehi, Michael E.; Ojiako, Chiamaka; Okadi, Ashagwu O.; Nwankwo, Clara U.; Ekenta, Lilian U.

doi:10.1080/14480220.2019.1690744

Cited by 5 publications

(4 citation statements)

References 29 publications

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“…Young entrepreneurs, who consider venturing into agribusiness often cite challenges including underdeveloped value chain, less inclusive policies, high index score for difficulty in doing business, and recently insecurity [37][38][39]. Poor policy and programme implementation could be a major setback to improving agriculture in developing countries like Nigeria.…”

Section: Theoretical Frameworkmentioning

confidence: 99%

Successive national agricultural policies/programmes, growth of gross domestic product (GDP) and expansion of agribusinesses in Nigeria

Nwankwo,

Ikehi,

Ejiofor

et al. 2024

PLoS ONE

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In Sub Saharan Africa, agriculture’s contribution to employment and Gross Domestic Product (GDP) is estimated to be higher than other sectors. Policies designed and implemented for the agricultural sector could be an influencing factor to the variations in the contributions of agriculture to the annual national GDP. These policies are believed to have shaped and (some) still shaping the landscape of agriculture and national economy. The study analysed agriculture’s GDP contribution during the implementation of various national agricultural policies, and the potential of the policies to foster agrobusiness development in Nigeria between 2000 and 2021. The study adopted mixed-method approach. Primary data were collected through a structured questionnaire administered on 29 purposively sampled state Agricultural Development Programme (ADP) directors across Nigeria. The questionnaire was face-validated by three experts. Reliability test was carryout using Cronbach Alpha approach, which yielded an index of 0.89. Copies of the questionnaire were administered on the respondents through direct contact. Secondary data were collected from the Nigeria’s Federal Ministry of Agriculture and Rural Development, National Bureau of Statistics, and World Bank. Data was analysed with mean, standard deviation, percentages and ANOVA. Findings of the study revealed that the performance of implemented agricultural policies had influence on agricultural sector’s percentage contribution to national GDP, and changes in agriculture’s GDP contribution had significant impact on national GDP growth. The duration of active life of the policies did not influence their performance, like the Root and Tuber Expansion Programme which lasted longer yet performed less than the National Special Programme on Food Security in terms of improvement in agriculture’s GDP contributions. All the policies implemented had several limitations in their ability to foster agribusinesses in Nigeria. The study recommends that future policies should focus on providing sustainable frameworks for developing the business in agriculture through value chain optimisation and the use of the teeming, young, and affordable labour force like China and India did to become global food producers.

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Section: Theoretical Frameworkmentioning

confidence: 99%

Successive national agricultural policies/programmes, growth of gross domestic product (GDP) and expansion of agribusinesses in Nigeria

Nwankwo,

Ikehi,

Ejiofor

et al. 2024

PLoS ONE

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“…Lending to agricultural SMEs is twice as risky as lending to other sectors, and operates at a scale that is too small and yields lower returns, which is the greatest challenge for agricultural SMEs (CSIS, 2021) The adverse attitude toward MSEs is the main challenge due to lack of knowledge on the potential of MSEs and a preference for paid employment (FMSEDA, 2011). Most graduates of vocational agriculture are less likely to establish a farm/enterprise of their own and the majority want to obtain certificates required for securing employment in paying jobs (M. Francis et al, 2019). According to (Central Statistical Agency (CSA), 2018), 53.8% of unemployed desire to work constrained by the shortage of capital and the other accounting 10.9% did not work due to lack of working place.…”

Section: Statement Of the Problemmentioning

confidence: 99%

“…The adverse attitude toward MSEs is the main challenge due to lack of knowledge on the potential of MSEs and a preference for paid employment (FMSEDA, 2011). Most graduates of vocational agriculture are less likely to establish a farm/enterprise of their own and the majority want to obtain certificates required for securing employment in paying jobs (M. Francis et al, 2019).…”

Section: Introductionmentioning

confidence: 99%

Profitability of Agricultural Micro and Small-Scale Enterprise in North Wollo Zone, Amhara Regional State, Ethiopia

Endris

Kassegn

2023

Sage Open

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The contribution of micro and small enterprises is limited as the majority are financially constrained and half of them exit from business in 2014/15, Amhara Region. Therefore, this study aimed to analyze the profitability of agricultural micro and small-scale enterprises in North Wollo Zone, Amhara Regional State, Ethiopia. Primary data was collected from 271 sample enterprises. The study employed descriptive and econometrics models for the data analysis. The financial ratio result shows that the return on asset, return on owner equity and net profit margin were 0.1601, 0.2768, and 0.1520 birr, respectively. The result of the probit model estimation shows that six variables, namely enterprise age, manager education level, credit use, input availability, owners’ aspiration, and frequency of extension contact significantly and positively influenced the probability of Micro and Small Enterprises (MSEs) being profitable. The second hurdle model, the truncation model showed that enterprise age, manager education level, record keeping, access to input, and frequency of extension contact significantly affected the extent of agricultural MSEs’ profitability. Therefore, enhancing the knowledge, skill, and aspirations of enterprise owners, improving financial access and outreach, providing financial bookkeeping training and practice, creating reliable integration with input producers, and frequent extension support to enhance the profitability and sustainability of enterprises.

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“…The adverse attitude toward MSEs is the main challenge due to lack of knowledge of the pro t earning potential of MSEs and preference for paid employment (FMSEDA, 2011). Most graduates of vocational agriculture are less likely to establish a farm/enterprise of their own and the majority want to obtain certi cates required for securing employment in paying jobs (M. Francis et al, 2019). According to (CSA, 2018), 53.8% of unemployed desire to work constrained by the shortage of capital and the other accounting 10.9% did not work due to lack of working place.…”

Section: Introductionmentioning

confidence: 99%

Profitability of Agricultural Micro and Small-Scale Enterprise in North Wollo Zone, Amhara Regional State, Ethiopia

Endris

Kassegn

2022

Preprint

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The contribution of micro and small enterprises is limited as the majority are financially constrained and half of them dropout from business in 2014/15 from Amhara Region. Therefore, this study aimed to analyze the profitability of agricultural micro and small-scale enterprises in North Wollo Zone, Amhara Regional State, Ethiopia. Primary data was collected from 271 sample enterprises, key informants, and focus group discussions. The study employed descriptive and econometrics models for the data analysis. The financial ratio shows that the return on asset, return on owner equity and net profit margin were 0.1601, 0.2768, and 0.1520 birr, respectively. The result of the probit model estimation shows that 6 variables, namely enterprise age, manager education level, credit use, input availability, owners’ aspiration, and frequency of extension contact significantly and positively influenced the probability of MSEs being profitable. The second hurdle model, the truncation model showed that enterprise age, manager education level, record keeping, access to input, and frequency of extension contact significantly affected the extent of agricultural MSEs' profitability. Therefore, enhancing knowledge, skill, and aspirations of enterprise owners, improving financial access and outreach, providing financial bookkeeping training and practice, creating reliable integration with input producers, and frequent extension support to enhance the profitability and sustainability of enterprises.

show abstract

Vocational agriculture and entrepreneurship aspirations among university students in Nigeria

Cited by 5 publications

References 29 publications

Successive national agricultural policies/programmes, growth of gross domestic product (GDP) and expansion of agribusinesses in Nigeria

Successive national agricultural policies/programmes, growth of gross domestic product (GDP) and expansion of agribusinesses in Nigeria

Profitability of Agricultural Micro and Small-Scale Enterprise in North Wollo Zone, Amhara Regional State, Ethiopia

Profitability of Agricultural Micro and Small-Scale Enterprise in North Wollo Zone, Amhara Regional State, Ethiopia

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