INVESTMENT IN AGRICULTURAL PROPERTY AS A CATALYST
CHAPTER ONE
1.0 INTRODUCTION:
1.1 BACKGROUND OF THE STUDY
Investment in agricultural property is not advanced as that of developed countries of the world. Agricultural property investment amounts to all investment operation in such property as cash crops, livestock, pasture land, cottage etc.
Nigeriagenerally is blessed with fertile and large area of land with abundant human and natural resources, which if harnessed effectively under the guide and supervisor of the experienced property manager (Estate surveyors) will help a lot in solving the battered economy ofNigeria.
Inspite of the numerous benefit derived from agricultural properties, Nigeria still give it little attention they keep on hoping on crude oil for the economy instead of diversifying her investment in other resource like Agricultural property.
With the benefit ard returns realizable form the investment in agricultural properties, it will serve as an alternative. Sources of life and a catalyst for speeding development of rural areas.
1.2 STATEMENT OF PROBLEM
Investment in Agricultural properties in rural areas amounts to under utilization of both natural and human resources to boost the increase in production of food and cash crops etc in large quantity.
This work is made to know how agricultural investors would achieve their objectives. It will be shown that agricultural property investment is a worthwhile and beneficial venture forming the catalyst to rural development and economic revetry ofNigeria’s battered economy.
1.3 RESEARCH QUESTION
Due to some hindrance encountered in agricultural investment in some area: the following questions were emanated on its effect to the area of study.
Will agricultural investment reduce the increase of unemployment in the country?
Is there any formal training for investors?
can the investors in agricultural properties receive any grant, from he government?
What are the major problem facing the investment in agricultural properties?
1.4 PURPOSE OF THE STUDY
The main purpose of this research work of agricultural investment as a catalyst to Orumba North Local Government area centers of the following:
i To assess agricultural property investment as a catalyst to rural, development.
ii To assess different investment as an agricultural property.
iii To examine investment in agricultural properties in order to assessing the benefits.
iv To examine the problems facing the investors in Agricultural property.
v The make recommendations on how the agricultural properties can be handled in order to make the best use of it.
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