Project Material on INVESTMENT IN AGRICULTURAL PROPERTY AS A CATALYST TO RURAL DEVELOPMENT
CHAPTER ONE
INTRODUCTION
Investment in agricultural property plays a crucial role in stimulating rural development, serving as a catalyst for economic growth, job creation, and sustainable community enhancement. This study examines the multifaceted impact of agricultural property investments, highlighting their potential to improve infrastructure, increase access to markets, and promote food security in rural areas.
By analyzing case studies across various regions, the research identifies successful strategies that harness agricultural property development to empower local farmers and entrepreneurs. Additionally, it discusses the role of government policies and financial incentives that facilitate these investments, ensuring that they yield long-term benefits for rural populations.
The findings underscore the importance of integrating modern agricultural practices and technologies, which not only enhance productivity but also foster environmental sustainability. Ultimately, this paper advocates for a comprehensive approach to rural development that prioritizes agricultural investment as a cornerstone for improving livelihoods and fostering resilient rural economies.
Agricultural property, rural development, economic growth, infrastructure, food security, sustainable practices.
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.
Nigeria generally 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 of Nigeria.
In spite 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 and 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 of Nigeria's battered economy.