ASSESSMENT OF EFFECTS OF AGRICULTURAL INSURANCE ON FOOD PRODUCTIVITY IN NIGERIA

(A CASE STUDY OF XYZ)

By

ANI NKEM HANNAH

Presented To

Department of Insurance

This research project assessed the effects of agricultural insurance on food productivity in Nigeria. The problem that prompted the research of this project is inability of farmers to effectively embrace Agricultural insurance primary data is used, and it were collected through the use of structured questionnaire. Table and like scaling were use in the analysis of data, while Z-test statistical model was used in testing the hypotheses. The result of evidenced that there are a lot of problems pacing the Nigerian Agriculture in their effort to enhance efficient food productivity the result also revealed that Agricultural insurance contributes effectively to efficient food productivity. The researcher therefore, conclude that Agricultural insurance enhance effective and efficient food productivity and recommended that Nigerian farmers should embrace the important of Agricultural insurance services in order to enhance efficient food productivity.

Title page                                         i
Approval page                                     ii
Dedication                                     iii
Acknowledgement                                 iv
Abstract                                         vi
CHAPTER ONE: INTRODUCTION
1.1    Background of the study                         1
1.2    Statement of the problem                         6
1.3    objective of the study                         7
1.4    Significance of the study                        10
1.5    Scope and limitation of the study                 11
1.6    Limitation of the study                         11
1.7    Definitions of operational terms                 12

CHAPTER TWO: REVIEW OF RELATED LITERATURE
2.1    The meaning of agriculture                     14
2.2    The activities of an agriculturist                 15
2.3    The concept of food productivity                 17
2.4    Importance of food productivity                 18
2.5    The concept of agricultural insurance             20
2.6    Reasons for agricultural insurance in Nigeria         23
2.7    Agricultural insurance scheme in Nigeria             26
2.8    Benefits of agricultural insurance in Nigeria        28
2.9    various risk exposed to effective food productivity
in Nigeria                                    31
2.10    various insurance products available for the
management of the productivity risks            34
2.11    Problems of effective and efficient management
of agricultural insurance scheme in Nigeria        36
2.12    Prospect of effective and efficient management of agricultural insurance scheme in Nigeria.                    41
2.13    Theoretical framework                         47
2.14    Empirical review                             49
Reference                                     55

CHAPTER THREE: RESEARCH METHODOLOGY    
3.1    Research design                             59
3.2    Source of data                                60
3.2.1 Primary data                                60
3.3     Study area                                 60
3.4    Population of the study                         61
3.5    Techniques used in determining the sample size     61
3.6    Reliability of the instrument                     63
3.7    Statistical method used in data presentation
and analyses                                 63
3.8    Statistical method used in testing the hypothesis    64

CHAPTER FOUR: PRESENTATION AND ANALYSIS OF RESULTS    
4.1    Presentation of data                            66
4.2    Data analysis                                 70
4.3    Test of hypothesis                             74
4.4    Discussions of result of hypothesis                  90

CHAPTER FIVE: SUMMARY OF FINDINGS, CONCLUSION AND RECOMMENDATIONS    
5.1 Summary of Research findings                    93
5.2 Conclusion                                     94
5.3 Recommendations                             95
5.4 Suggestions for furthers studies                     96
Bibliography                                97
Appendix                                     101