Investment In Agricultural Property As A Catalyst To Rural Development

Project and Seminar Material for Agricultural Engineering AE

Investment In Agricultural Property As A Catalyst To Rural Development


Abstract


Teaching quality is about providing the training, mentoring coaching and professional development that nurtures teachers’ development and success. It is also about the relationship between the teachers, family and student. Environment must be vibrant for students of all backgrounds. We found out the effect of teacher quality on students performance in integrated science in junior secondary schools in Egor local government area of Edo State. The study employed a survey method of study. The subjects for the study were two hundred (200) teachers randomly selected from junior secondary schools who teach integrated science. A questionnaire was used for data collection. The data was analyzed using simple frequency and percentages. The findings showed that although there are very many qualified integrated science teachers in the school sampled; but the schools lacked integrated science laboratory and teaching materials. Therefore, there is the urgent need for government and other stake holder in the educational sector to address these areas of lack in our school system.


Chapter One


1.0 Introduction:

1.1 Background of the Study

Investment in agricultural property is not advanced as that of developed countries of the world. Agricultural property investment amounts to all investment operation in such property as cash crops, livestock, pasture land, cottage etc.

Nigeria generally is blessed with fertile and large area of land with abundant human and natural resources, which if harnessed effectively under the guide and supervisor of the experienced property manager (Estate surveyors) will help a lot in solving the battered economy of Nigeria.

Inspite of the numerous benefit derived from agricultural properties, Nigeria still give it little attention they keep on hoping on crude oil for the economy instead of diversifying her investment in other resource like Agricultural property.

With the benefit and returns realizable form the investment in agricultural properties, it will serve as an alternative. Sources of life and a catalyst for speeding development of rural areas.


1.2 Statement of Problem

Investment in Agricultural properties in rural areas amounts to under utilization of both natural and human resources to boost the increase in production of food and cash crops etc in large quantity.

This work is made to know how agricultural investors would achieve their objectives. It will be shown that agricultural property investment is a worthwhile and beneficial venture forming the catalyst to rural development and economic revelry of Nigeria’s battered economy.


1.3 Aim and Objectives

The main purpose of this research work of agricultural investment as a catalyst to Orumba North Local Government area centers of the following:

  1. To assess agricultural property investment as a catalyst to rural, development.
  2. To examine investment in agricultural properties in order to assessing the benefits.
  3. To make recommendations on how the agricultural properties can be handled in order to make the best use of it.

1.4 Research Hypothesis

Hypothesis One
  • Hi: Agricultural investment reduces the rate of unemployment in the country.
  • Ho: Agricultural investment increases the rate of unemployment in the country.
Hypothesis Two
  • Hi: Investment in agricultural properties leads to rural development.
  • Ho: Investment in agricultural properties does not lead to rural development.

1.5 Significance of the Study

This project work is basically concerned on the returns from investment in agricultural property, therefore, every effort is eared to explore and expose some. To that effect, the study limit itself within the bounds of investment operations in agricultural properties in Orumba North local government area. it does organized in such a way that the study is made on specific benesity from the government and individual or private investors point of view.


1.6 Limitations of the Study

Some unavoidable limitation encountered by the researcher when conducting the project have hindered a comprehensive research work.

These includes:

1. Time Dimension:

The time factor has a serious input in conducting this research work. Time lay between the short academic calendar makes the researcher to rush the work thereby boycotting some necessary findings.

2. Lack of Finance:

Since the research work being done within limited income while there is a drastic increase in the cost of terms like transportation fare, typing and binding. These are the major expenses involved in it which has to be limited to the available income.


1.7 Definition of Terms

Investment:

This is the giving up of a capital sum in return for an income or benefit to be derived periodically. At times, the return is a lump sun or in a non-monetary form (benefit).

Agriculture:

This means as the cultivation of the land for the purpose of producing food for man, feed for animals and raw materials for industries.

Property:

This is the right an individual or group of individual exercise over a thing. It includes the exclusive right to use, possess and exclude others.

Agricultural Property Investment:

This is he operation on such properties as cash crops. Livestock, pasture lane, cottages and farm, houses, dairy and arable faming and fishing.

Rural Area:

It refers to that portion of area which are situated outside urban and cities location. Rural areas are predominantly undeveloped lands occupied of green or natural environment viably grass, forestry etc.

Development:

This is a systematic enrolment of potentialities of a thing. For example land.

Rural Development:

This term is used to improve the economic and social life or the people the rural area such as housing, electricity, water


1.8 Organization of the Study

This research work is organized in five chapters, for easy understanding, as follows

  • Chapter one is concerned with the introduction, which consist of the (overview, of the study), historical background, statement of problem, objectives of the study, research hypotheses, significance of the study, scope and limitation of the study, definition of terms and historical background of the study.
  • Chapter two highlights the theoretical framework on which the study is based, thus the review of related literature.
  • Chapter three deals on the research design and methodology adopted in the study.
  • Chapter four concentrate on the data collection and analysis and presentation of finding.
  • Chapter five gives summary, conclusion, and recommendations made of the study.

Chapter Five


Summary, Conclusion and Recommendation

5.1 Introduction

It is important to reiterate that the objective of this study was the investment in agricultural property as a catalyst for rural development.

In the preceding chapter, the relevant data collected for this study were presented, critically analyzed and appropriate interpretation given. In this chapter, certain recommendations made which in the opinion of the researcher will be of benefits in evaluating examine the investment in agricultural property as a catalyst for rural development.


5.2 Summary

This study was undertaken to examine the investment in agricultural property as a catalyst for rural development. The study opened with chapter one where the statement of the problem was clearly defined. The study objectives and research hypotheses were defined and formulated respectively. The study reviewed related and relevant literatures. The chapter two gave the conceptual framework, empirical and theoretical studies. The third chapter described the methodology employed by the researcher in collecting both the primary and the secondary data. The research method employed here is the descriptive survey method. The study analyzed and presented the data collected in tables and the hypotheses were tested using the Chi square while the fifth chapter gives the study summary and conclusion.


5.3 Conclusion and Recommendations

The investment in agricultural property as a catalyst for rural development is a topic with high priority. Nigeria generally is blessed with fertile and large area of land with abundant human and natural resources, which if harnessed effectively under the guide and supervisor of the experienced property manager will help a lot in solving the battered economy of Nigeria. With the benefit and returns realizable form the investment in agricultural properties, it will serve as an alternative source of life and a catalyst for speeding development of rural areas. In this study we found out that Agricultural investment increases the rate of unemployment in the country and that the Investment in agricultural properties leads to rural


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