Authors:
Anonguku, I.
, Bakari, D.
, Dahiru, S. |
Abstract:
The study, agricultural insurance policy: effective tool for agricultural risk management and
sustainable rural development was conducted in Benue State, Nigeria. Structured questionnaire
was used as a research instrument to obtain a sample size of 121 respondents. The 121
respondents were randomly selected from the three agricultural zones of the state (zones, A, B
and C). Both descriptive and inferential statistics were used in analyzing the generated data.
Specifically, tables, frequencies and percentages were used in case of descriptive statistics while
Chi-square was used in the case of inferential statistics. The results of the research show that
more of the male respondents (68%) were involved in the study than their female counterparts,
73.6% of the respondents within between the ages of 18 and 44 fell within the active age bracket,
85.1% of them had sound education (secondary and tertiary), 62% married and 67% cultivated
between 1 and 4 hectares of land. The results also show that majority (79%) of the respondents
were aware of agricultural insurance policy, 43% of them got their information on agricultural
insurance policy from radio, 33.9% used insurance cover as a risk management practice. It was,
therefore, recommended that more farmers should take agricultural insurance policy for effective
risk management and sustainable rural development. |
