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EFFECT OF WORLD BANK ASSISTED COMMERCIAL AGRICULTURE DEVELOPMENT PROJECT ON RICE FARMERS’ PRODUCTIVITY AND PROFITABILITY IN BADAGRY LAGOS STATE

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Abstract

This research work evaluated the effect of the World Bank Assisted Commercial Agricultural Development Project on rice farmers’ productivity and profitability in Badagry of Lagos state with a view to ascertain the availability of the intervention variables, their effects on farmers’ productivity, profitability and constraint that may be militating against the desired result. In pursuant of these objectives, a sample size of 134 of registered rice farmers was used and survey research method was adopted. Data collected through questionnaire were presented in tables and analyzed. The hypotheses were tested using T-test and the rice farmers’ productivity and profitability during the first three years of the project were compared with the last three years before the inception of the project. The findings revealed among others the availability of the intervention variables and confirms the fact that the World Bank assisted CADP has done well in some areas like the provision of access road, erosion control measures and farmers’ training and supervision by extension officers. This reflects the first objective of the study which is to confirm the availability of the intervention variables. Also, Productivity and profitability increased more during the CADP period than the pre-CADP period. This reflects the second objective which is to determine the effects if any of the World Bank Assisted CADP on rice farmers productivity and profitability in Badagry of Lagos state.