INVESTMENT IN AGRICULTURAL PROPERTY AS A CATALYST TO RURAL DEVELOPMENT

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INVESTMENT IN AGRICULTURAL PROPERTY AS A CATALYST TO RURAL DEVELOPMENT

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.

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.

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