The problems facing the agricultural sector in Nigeria and the prospect of Muzara’ah and supply chain model
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...
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| Main Authors: | , , |
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| Format: | Article |
| Language: | English English |
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Emerald Group Publishing
2015
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| Subjects: | |
| Online Access: | http://irep.iium.edu.my/47266/1/Larbani.MOM.Nafiu.Muzara%27ah..pdf http://irep.iium.edu.my/47266/4/47266._the_problem_facing_scopus.pdf http://irep.iium.edu.my/47266/ http://www.emeraldinsight.com/doi/full/10.1108/H-11-2012-0022 |
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| Summary: | 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.
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