Journal of Agricultural Development and Policy
  • Year: 2026
  • Volume: 35
  • Issue: 2

Assessment of Credit and Investment Cooperative Society Among Arable Crop Farmers in Ifo Local Government Area of Ogun-state, Nigeria

  • Author:
  • Shittu Kazeem Adesina1*, Jimoh Bashiru Oladayo2, Oluwasanya Oluwakayode Peter3, Adeeko-Bakare Fatimah Adetutu4
  • Total Page Count: 7
  • Page Number: 231 to 237

1Department of Cooperative Economics and Management, Nnamdi Azikiwe University, Akwa, Anambra State, Nigeria.

2Department of Cooperative Economics and Management, Federal PolytechnicsEkowe, Bayelsa State, Nigeria.

3Department of Cooperative and Rural Development, Olabisi Onabanjo UniversityAgo-IwoyeOgun State, Nigeria.

4Department of Cooperative Economics and Management, Federal College of Agriculture, School of Agricultural Management and Vocational Studies, Moor PlantationIbadanOyo State, Nigeria.

*Corresponding author email: shittuadesina81@gmail.com

Abstract

This study examined the assessment of credit and investment cooperative society among arable farmers in Ifo Local Government Area of Ogun-state, Nigeria. Data was gathered through a well structured questionnaire administered to one hundred (100) respondents using multi-stage sampling methods. Using both descriptive and inferential statistics. The results showed that majority (81%) of farmers dominated by males involving in agricultural pursuits, with a certain level of formal education. Farmers were in the prime working age range, with mean household size of 4 persons. The results also showed that eight (8) out often (10) variabls regressed exhibited significant influence on coooperative members'access to credit. The analysis of constraints revealed that low savings by members was the primary barrier rankedfirst while poorly leadership style and managerial functions was ranked the least 8th. The study recommended that farmers ought to consider establishing more cooperative societies and make use of credit facilities effectively and efficiently. Government should persist in subsidizing agricultural inputs. Government must strive to create a conducive environment to stimulate farming activities among farmers. Challenges facing the farmers should properly addressed.

Keywords

Arable crops, Farmers, Cooperative societies, Loans, Incomes, Q10, G21, O18, Q14, D31