Журнал глобальной экономики

Achieving Sustainable Economic Development in Nigeria through Financial Inclusion in the Agriculture Sector

Abstract

Michael OB

A major challenge in the agriculture sector in Nigeria is access to finance. Examining whether, increased access to financial services by farmers can bring about sustainable development in Nigeria merits attention. In response, the study adopted survey research design to obtain and analyse the perception of 105 farmers in Ogun State, Nigeria on the subject. It was observed that financial inclusion in the Nigerian agriculture sector can be used to achieve sustainable development. The study recommends the siting of more financial institutions in rural areas and financial discipline, amongst others, as measures to achieve financial inclusion in the agricultural sector.