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Assessment of Agricultural Marketing and the Militating Effect of Corruption on the Economic Growth in Nigeria
Current Issue
Volume 9, 2021
Issue 1 (March)
Pages: 1-7   |   Vol. 9, No. 1, March 2021   |   Follow on         
Paper in PDF Downloads: 34   Since Jan. 11, 2021 Views: 101   Since Jan. 11, 2021
Authors
[1]
Udah Solomon Chinyere, Department of Agricultural Economics and Extension, Abia State University, Uturu, Nigeria; Division of Resource Management, West Virginia University, Morgantown, U.S.A..
Abstract
The purpose of this study was to assess the importance of agricultural marketing in stimulating economic growth in Nigeria. Agricultural marketing represents agent of stimulation and growth. However, corruption is seen as the militating factor toward realizing the desired growth. This study has generated several important results that broadly indicate what needs to be done to improve the status of agricultural marketing. First, the result shows that marketing is the bread winner of all other activities. If there is no exchange of commodity and services, there would be no generation of profit and accumulation of capital for further production and expansion. To realize the objective of the paper, a collective effort of both the leaders and the populace is required to eradicate and taboo corruption. Corruption is so bad that it challenges God. It tends to steal away the capital meant for mass production. Mass production makes possible competition needed by marketing. The study recommended that government should takes seriously the issue of solid road network especially in the rural area to ease the transportation of agricultural commodities thereby reducing marketing cost; ensure constant power supply to prevents rots of agricultural commodities which reduces capital for further production. Government and policy makers to re-orientate the mind of the people to correct the wrong impression about marketing and encourage entrepreneurship in agriculture since agricultural sector mirrors the image of the entire economy.
Keywords
Agricultural Marketing, Growth Stimulation, Capital Accumulation, Corruption, Marketing Cost
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