Social Capital, Credit and Farmers' Efficiency in SouthWest Nigeria

The Nigerian Government Agriculture Transformation Agenda (A.T.A) has its core thrust in increased cassava production for economic development. However, past efforts were bedeviled by constraints amongst which access to credit is chief. Though Cassava has the potential of placing agriculture next to oil in its contributions to national Gross Domestic Product, majority of cassava farmers in Nigeria are still operating below their production frontier. Hence, the need for this book, as there is a dearth of literature vis-a-vis research centered on social capital and production efficiency in Nigeria and Africa at large. By employing Logistic regression and Stochastic Frontier Analyses, the results revealed that increasing values of social capital, age and payback period favour farmers' access to credit. While farm size and education enhanced farmers' technical efficiency, as they leverage on their social capital. Entrepreneurs and particularly people, who desire to maximize the benefits embedded in relationships, will find this book useful.