Topic: INVESTMENT IN AGRICULTURAL PROPERTY AS A CATALYST IN ORUMBA NORTH L.G.A OR ANAMBRA STATE

Chapter One

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 Aim and Objectives 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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