Sustainable Seeds Supply, Public Infrastructure, Research and Development (R&D) Expenditures in Nigeria

Autor: Ugochukwu Christopher Nnama, Ayuba Ali, Donald Denen Dzever
Rok vydání: 2020
Předmět:
Zdroj: Nutrition, Sustainable Agriculture and Climate Change in Africa ISBN: 9783030478742
DOI: 10.1007/978-3-030-47875-9_5
Popis: The rise of commercial public R&D and infrastructure expenditures in agriculture and the resulting innovations in improving yields, asset productivity and sustainability provide the means for meeting the food needs of the Nigerian growing population. To reach the goal, both the public and private sectors will need to keep the R&D and infrastructural pipeline flowing and make investment and commitments to ensure innovative technologies and techniques, which are required for the sustainability of agribusiness in Nigeria. The study revealed that for 5% increase in public R&D and decrease in infrastructure expenditures, the mean simulated improved cassava seed supply was ₦160.29 compared to ₦156.71 for the baseline while the mean simulated improved maize seed supply was ₦349.59 compared to ₦332.23 for the baseline. Similarly, for 5% increases in public R&D and infrastructure expenditures, the mean simulated improved cassava seed supply was ₦158.93 compared to ₦156.71 for the baseline while the simulated improved maize seed supply was ₦356.40 compared to ₦332.23 for the baseline. It is recommended that the development of road infrastructure is imperative for agriculture and overall economic growth as well as reducing transaction costs associated with agricultural activities hence reducing the costs of acquiring inputs.
Databáze: OpenAIRE