The Effect Of Cocoa Farming On The Economy Of Nigeria

Project and Seminar Material for Economics

Project and Seminar Material for Economics


Chapter One


1.0 Introduction

1.1 Background Of Study

Cocoa farming has really contributed to most of the agricultural sectors in Nigeria. As we all know; agriculture has done a lot in the time of old even when crude oil was not the major source of revenue in Nigeria. Agriculture has provided food for almost the entire population of Nigeria; is it employment? Farmers that operates on a larger scale tends to employ more labour.

Cocoa farming is a very vital part of agriculture as it provide food for the entire population of Nigeria, raw material for industry, it also serve as a source for foreign exchange in Nigeria.

Cocoa has really contributed to the economic development of Nigeria.

During the 50s when agriculture was the major source of income and economic development, the value of the Nigeria currency was very much appreciated and the standard of living was very much manageable. In Nigeria of today, virtually everybody is now running away from agriculture. Everybody is looking at the oil sector.

Nigeria is blessed with variety of agricultural products; cocoa is one of them. It does not seem to perish easily.

Cocoa can be largely supplied to every part of the country and its demand is on the high side.

Cocoa farmers are considered the wealthiest because the value of the product and the demand of such products.


1.2 Statement Of Problem

The economy of Nigeria is on the low side because of the drop in the price of oil and most of the Nigeria citizen has really abandoned agriculture. When crude oil was not much in supply in the early 50s agriculture was the major source of revenue for both the government and the citizens of Nigeria. Most of the people said that there is capital to set up a big farm. Some said no machinery and the government policy is not allowing them practice on a larger scale.


1.3 Research Question

  1. Does cocoa farming has any effect on the economic development of Nigeria?
  2. Is there any way the government can help develop the practice of agriculture in Nigeria?
  3. Does cocoa export have any effect on the gross domestic product of Nigeria?
  4. Does the practice of agriculture help reduce unemployment in Nigeria?

1.4 Research Hypothesis

  1. H0: There is no significant effect of cocoa farming on the economic development of Nigeria.
    H1: There is significant effect of cocoa farming on the economic development of Nigeria
  2. H0: There is no mean difference in gender responses of the respondents that agriculture help to reduce unemployment in Nigeria.
    H1: There is mean difference in gender responses of the respondents that agriculture help to reduce unemployment in Nigeria.
  3. H0: Cocoa export has no significant effect on the gross domestic product of Nigeria.
    H1: Cocoa export has significant effect on the gross domestic product of Nigeria.

1.5 Aim And Objective Of Study

  1. To determine the effect of cocoa farming on the economic development of Nigeria
  2. To investigate the effect of agriculture on the level of unemployment in Nigeria
  3. To determine the effect of cocoa export on the gross domestic product of Nigeria.
  4. To determine the impact of government policy on the development of agricultural practice in Nigeria.

1.6 Significance Of Study

By the end of this research work, we shall be able to determine the impact of government policy on the development of agricultural practice in Nigeria. We shall also be able to determine the effect of cocoa on the gross domestic product of Nigeria and its effect on the economic development of Nigeria.


1.7 Scope Of Study

The primary data for the purpose of this study was obtained by the use of questionnaires and CBN statistical bulletin and the rest of the secondary data was obtained from wiki books, journals and other related articles.


1.8 Definition Of Terms

Economy:

Is an area of the production, distribution or trade, and consumption of goods and services by different agents in a given geographical location


The Effect Of Cocoa Farming On The Economy Of Nigeria


Project Material Download

3,000 Naira


The complete material will be sent to you in just 2 steps.

Quick & Simple…


Step One Purchase

Make payment of ₦3,000: through USSD Transfer, Bank Mobile App, ATM Transfer, or POS Transfer to:

Access Bank PlcAccount No.: 0811003731
Name: Samphina Academy
Account Type: Current

Or Click Here to pay with Debit Card

FOR CLIENTS OUTSIDE NIGERIA:
Click Here to pay with Debit Card ($15)
GHANA – Make Payment of 60 GHS to MTN MoMo, 0553978005, Douglas Osabutey 

  PAY WITH CRYPTOCURRENCY


Step Two Purchase

Send the following details through Text Message or WhatsApp Messenger | +234-8143831497

  • Payment Details 
  • Email Address 
  • The Effect Of Cocoa Farming On The Economy Of Nigeria

The complete material will be sent to your email address after receiving your payment information | T & C Apply


  Contact Our Help Desk


You may also like:

⚠️ Need a different topic? Perform a quick search



Get A Complete Business Plan For Any Business In Nigeria

Business Plan for Businesses in Nigeria

  Business Plans in Nigeria


The Effect Of Cocoa Farming On The Economy Of Nigeria


Disclaimer

This research material “The Effect Of Cocoa Farming On The Economy Of Nigeria” is for research purposes and should be used as a guide in developing your research project / seminar work. For no reason should you copy word for word (verbatim) as samphina.com.ng will not be liable for any who copied the material.

The aim of providing this material is to reduce the stress of moving from one school library to another all in the name of searching for research materials. This service is legal because, all institutions permit their students to read previous projects, books, articles or papers while developing their own works. According to Austin Kleon “All creative work builds on what came before”.

samphina.com.ng is only providing this material “The Effect Of Cocoa Farming On The Economy Of Nigeria” as a reference for your research. The paper should be used as a guide or framework for your own paper. The contents of this paper should be able to help you in generating new ideas and thoughts for your own research. Use it as a guidance purpose only.


How to defend your research work


This is a general guide on how to defend your research work:

1. Prepare For Questions:

If you are preparing for questions that may be asked during your defense, then your answers will flow smoothly and effectively. This will prove your knowledge on the subject e.g “The Effect Of Cocoa Farming On The Economy Of Nigeria“, and strengthening your argument. Ask friends and family, read your work for them to listen to your presentation, and write down questions. You may be lucky the panel will ask you those you have already prepared on.

2. Strong Summary:

Summarizing your chapters will help keep your audience focused because it is easy for a mind to drift, so providing summaries will ensure your panel will follow along, even if they lose focus for a brief moment. Visual aides, such as graphs and power-point presentations can be very helpful. If you are going to use these, make sure you will practice your presentation with them.

3. Be Confident in Your Research Work:

Not knowing your topic “The Effect Of Cocoa Farming On The Economy Of Nigeria” inside out will cause you to struggle and ultimately fail with your defense. You need to know the subject from every angle to ensure you are fully prepared for any question that may come your way.

4. Conclusion:

Reinforce your findings to conclude your defense. The finale of your presentation should focus on proving the work that has been done. You may need to recap on what has changed and remained unchanged, if is necessary.

5 . Listen:

Before you get defensive or recite a particular answer, make sure you truly understand the question being asked. Being a good listener is an important quality, because providing an inaccurate or off-topic answer will also weaken the validity of your paper.

Samphina Academy

Samphina Academy is an Online Educational Resource Center that is aimed at providing students with quality information and materials to aid them in succeeding in their academic pursuit.