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The problems facing the agricultural sector in Nigeria and the prospect of Muzara’ah and supply chain model

The problems facing the agricultural sector in Nigeria and the prospect of Muzara’ah and supply... Purpose – The purpose of this paper is to develop a Muzara’ah–supply chain model for the purpose of enhancing agricultural financing and productivity in Nigeria. Design/methodology/approach – In this paper, an expert survey approach was employed to validate the newly developed model. Findings – A survey result on the model reveals that majority of the respondents agreed with the Muzara’ah–supply chain model and preferred it to the existing models. Research limitations/implications – The main limitation of this study is limited number of respondents. Practical implications – With this newly developed financing model that is based risk sharing principles, the application of this model could help to reduce moral hazard and enhance agricultural productivity. Originality/value – To the best knowledge of the researchers, such kind of study for financing agriculture does not exists in the case of Nigeria. http://www.deepdyve.com/assets/images/DeepDyve-Logo-lg.png Humanomics Emerald Publishing

The problems facing the agricultural sector in Nigeria and the prospect of Muzara’ah and supply chain model

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References (5)

Publisher
Emerald Publishing
Copyright
Copyright © Emerald Group Publishing Limited
ISSN
0828-8666
DOI
10.1108/H-11-2012-0022
Publisher site
See Article on Publisher Site

Abstract

Purpose – The purpose of this paper is to develop a Muzara’ah–supply chain model for the purpose of enhancing agricultural financing and productivity in Nigeria. Design/methodology/approach – In this paper, an expert survey approach was employed to validate the newly developed model. Findings – A survey result on the model reveals that majority of the respondents agreed with the Muzara’ah–supply chain model and preferred it to the existing models. Research limitations/implications – The main limitation of this study is limited number of respondents. Practical implications – With this newly developed financing model that is based risk sharing principles, the application of this model could help to reduce moral hazard and enhance agricultural productivity. Originality/value – To the best knowledge of the researchers, such kind of study for financing agriculture does not exists in the case of Nigeria.

Journal

Humanomics – Emerald Publishing

Published: Feb 9, 2015

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