Implications of Agricultural Policies on Farmers Economic Welfare in Benue Division, Cameroon
Charlotte Nanyongo W.,1 Egwu Mary-Juiliet Bime,2 & Mbu Daiel Tambi2
1Department of Agribusiness Technology, University of Bamenda, Bambili, Cameroon.
2Department of Agribusiness Technology, University of Bamenda, Bambili, Cameroon.
DOI – http://doi.org/10.37502/IJSMR.2023.61008
Abstract
The main objective of this study is to determine the effect of government agricultural policies on farmers’ economic welfare in Benue division, Cameroon. Data was collected from 399 respondents using a self-administered questionnaire through a cluster sampling technique of 12 sub divisions in Benue division. Result was estimated using structural equation modelling technique using SmartPLS4.0. The result of the model shows that, government agricultural financial policy has a positive effect on farmers’ economic welfare in Benue division with a coefficient of 21.3% and it is more of agricultural climate and extension service delivery policies phenomenon. Considering that there is a growing governmental engagement in improving economic welfare, empirically, this study has closed the gap in the literature in varying issues between government agricultural policies and farmers’ economic welfare in Cameroon. The finding suggest that the decision makers should re-enforce agricultural climate and extension service delivery policies. It is a wise step to increasing economic wellbeing in Cameroon especially for the rural masses.
Keywords: Government, Agricultural Policies, Farmers, Economic Welfare, Benue Division, Cameroon
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