The Role of Agricultural Insurance Company in Enhancing Agricultural Productivity in Ekiti South
Student: Iyanu Oluwaseyi Fapohunda (Project, 2025)
Department of Business Administration
Ekiti State University, Ado-Ekiti, Ekiti State
Abstract
This research examined the role of agricultural insurance companies in enhancing agricultural productivity in Ekiti South, Nigeria. The study assessed the level of farmers’ participation in agricultural insurance, the level of agricultural productivity, and the effect of insurance participation on productivity. Data were collected from 100 purposively sampled farmers and analyzed using descriptive statistics and regression techniques. Findings revealed a low level of agricultural insurance participation and a high level of productivity, though insurance participation showed an insignificant negative effect on productivity. The study concluded that agricultural insurance companies have not yet played a significant role in improving productivity in Ekiti South and recommended greater awareness, reduced premiums, and improved accessibility of insurance services to farmers.
Keywords
For the full publication, please contact the author directly at: fapohundaseyi957@gmail.com
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Institutions
- UMA UKPAI SCHOOL OF THEOLOGY, UYO, AKWA IBOM STATE (AFFL TO UNIVERSITY OF UYO) 1
- Umaru Ali Shinkafi Polytechnic, Sokoto, Sokoto State 24
- Umaru Musa Yaradua University, Katsina, Katsina State 28
- Umca, Ilorin (Affiliated To University of Ibadan), Kwara State 1
- University of Abuja, Abuja, Fct 116
- University of Africa, Toru-Orua, Bayelsa State 4
- University of Benin, Benin City, Edo State 362
- University of Calabar Teaching Hospital School of Health Information Mgt. 1
- University of Calabar, Calabar, Cross River State 240
- University of Ibadan, Ibadan, Oyo State 14