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AGRICULTURAL PROJECTS AND RURAL DEVELOPMENT A CASE STUDY OF ADAPALM IN IMO STATE.




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AGRICULTURAL PROJECTS AND RURAL DEVELOPMENT
A CASE STUDY OF ADAPALM IN IMO STATE.


TABLE OF CONTENTS
CONTENT                                                                        PAGE
Title Page                                                                         i
Declaration                                                                      ii
Dedication                                                                       iii
Acknowledgment                                                             iv
Abstract                                                                           v
Table of Content                                                              vi
CHAPTER ONE: INTRODUCTION
Background of the study                                                  1
Statement of the problem                                                4
Objective of the study                                                      4
Method of study                                                               5
Research questions                                                          5
Scope of the study                                                           5
Limitation of the study                                                     6
CHAPTER TWO: LITERATURE AND THEORETICAL CONSIDERATIONS
Theoretical framework                                                     9
The theory of externality                                                  9
External diseconomies                                                     9
External economies                                                         11
The least cost theory                                                                11
Agriculture and economic development                           16
Agriculture employment                                                   18
Agriculture and gross domestic production (GDP)           19
Agriculture and export earnings                                      20
Effect at revamping agriculture in Nigeria                                22
References                                                                      
CHAPTER THREE: ADAPALM AND RURAL DEVELOPMENT IN IMO STATE
History of Adapalm                                                          30
Activities of Adapalm                                                               35
Ownership policy                                                             35
Production                                                                       36
Distribution                                                                     38
Pricing system                                                                 40
Profit Performance                                                           40
CHAPTER FOUR: DATA PRESENTATION, ANALYSIS
Discussion                                                                       43
CHAPTER FIVE
Summary conclusion and recommendation                    53


ABSTRACT
The research work examined the role of Adapalm in the stimulation of rural development in Imo State. Three research questions were formulated and answered using tables and simple percentages. The data required for the study were gathered from both primary and secondary sources.
The findings of the study revealed that the operational activities of the company have benefited the host community in the following ways:
i.      Provision of employment opportunities for the indigenes of Ohji/Egbema.
ii.     Raising the incomes of the people;
iii.    Improving the standard of living of the people of the area; and
iv.    Provision of basic social amenities for the rural community however, the negative effect of the operations of the company was the problem of pollution which it has crated.
Based on the findings of the study, we recommended that government should appoint men of proven integrity as members of the company’s board of directors; it should assist the company it raising funds and act as guarantor to the company in the case of obtaining loans from banks; and it should impose lump sum taxation as an effective means of controlling the menace of pollution. It is our opinion that if these steps are taken, the impact of Adapalm on the stimulation of rural development in Imo State will significant improve.


CHAPTER ONE
INTRODUCTION
1.1   BACKGROUND OF THE STUDY
When Nigeria attained political independence in 1960, agricultural was the dominant sector of the economy. It constituted over 65% of the country’s Gross Domestic Product GDP, and provided the bulk of foreign exchange earnings through the export “Cash Crops: the sector catered adequately for nearly all the Good requirement and raw materials for industry in the country. Major exports Crops included cocoa, groundnuts, cotton, palm oil, and rubber.
In most developing countries agriculture is both of the main traditional pursuit and the key to sustain growth has gone hands in hand with agriculture progress stagnation in agriculture is principal exploration for poor economic performance, while rising agricultural productivity has been the most important concomitant of successful industrialization among the roles. Conventionally ascribed to the agricultural sector in a growing economy are there of;

i)      Providing adequate food for an increasing population.
ii)     Supplying raw materials to a growing industrial sector
iii).   Constituting the major source of employment export
iv)    Providing a market for the products of the industrial sector.
Agriculture is thus seen as the backbone of theses economics. Nigeria is a predominantly in agriculture economy and as long as she remain so, the future of this sector in performing its roles become important.
The early 1950’s and 1060’s agriculture ploge a crucial role in and economic development as a nation it provided employment to millions of Nigeria and over 75% of the labour force mostly from rural areas in those golden agriculture year, contribution from this sector account for about 70% of the Gross Domestic Product (GDP) this was a period when we mere not only initially self-sufficient in the production of food crops to feed ourselves but also provided raw materials for industries and major cash crops for export.
         Indeed, agriculture provided the main stimulus to our national economic growth despite the small form holding and primitive production system. These contributions of agriculture to the nation over shadowed all other economic growth despite the small form holding and primitive productive production systems. These contributions of agriculture to the nation over shadowed all other economic sectors in the early 1960’s. However, the reverse was the case of agriculture sector in the seventies when its share to the GDP declined to 34 percent’s by 1974 this was due partly to the phenomenal growth during the period and partly to the persistent neglect of the agricultural sector itself in terms of the relative shore of resources denoted to the sector. Similarly, the growth rate of the agricultural production exhibited a down word trend during the period.
The inadequate domestic food production was reflected in Nigeria, massive food imports, especially in the 1970’s and 1980’s to argument domestic supply the decline in the production of some of Nigeria’s leading agricultural export commodities was most worrisome for instance leading producer and exporter of palm oil in the 1980’s had become a net importer of this commodity in the mid -1970’s.
The performance of agriculture during the review period was undermined mainly by its neglect coupled with a chain of disincontinue created by the boom among the latter mere currency over million which cheapened food imports and in two offered unfair competition to domestic production. Low demand for traditional food crops in the face of cheap import (such as rice, maize, wheat and grain based products and sugar) discouraged farmers from expanding domestic output. In the corn export the growing over valuation of the naira compled with the implicit taxation of farmers by the commodity boards, put production for export production for exports at a comparative disadvantage the problem was accentuated by the enhanced profitability of investment among from agriculture. This was future compounded by the dising monges in the public and private sectors, which led to increased rural urban migration with the consequent decline in the output of the labor intensive agricultural sectors overally the agricultural terms of trade worsened.
1.2   STATEMENT OF PROBLEM
Crop and plants are at the mercy of diseases and rests and because the rural farmer are un-educated, they are ignorance of preventive and curative against their disease pests, empirical evidence has revealed that for genuine development to take place in any economy, concrete efforts should be made to develop the rural and urban sector simultaneously. The view is held in some quarters that development efforts in Nigeria, have ben urban biased. However, some measures have been taken by the Nigerian government to develop he rural areas. Despite all the efforts rural development in Nigeria is still logging behind. Therefore, my study has been induced by this need.
1.3   OBJECTIVES OF THE STUDY
1.     To examine their importance and planning strategies.
2.     To examine the benefit of Adapalm project to the people of Ohjai/Egbema government area.
The discuss how the establishment of Adapalm project resonate the rural urban movement of the youths in the area. To guide our study the following research question are put forward.
1.     Are the people of Ohaj/Egbema local government area benefiting from company at all?
2.     To what extent has the establishment of adapalm project helped to check the rural urban migration of the youths in the area?
3.     What are the external costs and external benefits emanating from the activities of the company?
1.4   SCOPE OF STUDY
The study will come the activities of the Adapalm project form its inception of date and from the point of view of its economic impact on Ohaji/Egbema local government area in Imo State.
1.5   METHOD STUDY
TYPES AND SOURCES OF DATA
Both primary and secondary data will be employed in this research.
The primary source will be obtained from questionnaire and interview the secondary sources will be both internal and external to the company. The internal sources will embrace relevant departmental records from the company such records will be gathered from production, personnel, marketing, sales, and finance departments, of external data will include published annual report of the company government publications journals, and newspapers.
METHOD OF DATA COLLECTION
The study will be conducted in two main part library research and field work.
EXTERNAL DISECONOMIES
As far as the plantain oil palm industry undustry under consideration is concerned, the most dominant form of external diseconomies is pollution or environmental degradation.
However, in the dynamic world of today, the quality what economists regard as “free gift’ of nature, such as the air we breathe, the “water” we drink, the quiet environment and the beautiful landscape we cherish so much etc. is crucially important to human existence. What should be the foremost concern of every thinking being therefore is the fact that this quality, for instance, the cleanliness and freshness of air, purity of
a.     Library Research: this will involve a review of on ready existing theoretical and empirical months done in the research area related area in order to familiarize ourselves with the literature. In addition data will be gathered from published document such as journals, magazines, and newspapers.
b.     Field Work: This will involve schedules and questionnaire and interview schedules and administering them to tap. Relevant information to supplement the secondary data personal observation will also be employed. They will cover such aspects of the company as general survey, liability, socio-economic contact with the environment and externalities.
c.     Technologies of Data Analysis: Data will be analyzed using table, and simple percentages.



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