Government Intervention and Economic Development: Lessons from Songhai Development Initiative Farm in Rivers State, Nigeria

Agbarakwe, Ugochukwu Henry and ANOWOR, OLUCHUKWU F (2018) Government Intervention and Economic Development: Lessons from Songhai Development Initiative Farm in Rivers State, Nigeria. International Journal of Economics and Financial Research, 14 (1). pp. 13-21. ISSN 2413-8533

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Abstract

This study sets to assess the effect of government intervention on economic development adopting Songhai Development Initiative Farm in Rivers State of Nigeria as a case study. It adopted the survey design with the instruments of personal observations, interviews and questionnaires to collect the required data. The data has internal consistency of 0.87, test-retest reliability of 0.85 (p < 0.001), split-half reliability of 0.82 (p < 0.001). The mean of 3 points was chosen as a cut off point for accepting or rejecting each of the items in the Likert’s scale. The Chi-square was also used to test the h pothesis. ll items have mean that are higher than the cut-off mark and this is supported by low standard deviation for all the items which depicts a low variation of the observations from the mean. With the calculated Chi-square greater than the table value (i.e 30.34957 > 21.026) in absolute term, the study concludes that there is a significant relationship between Songhai Development Initiative Farm and the economic development. It, therefore, recommended that such and similar government direct involvements in the agricultural and other sectors should be encouraged for optimum benefits in output, job creation, income, social welfare and technological advancement.

Item Type: Article
Subjects: H Social Sciences > H Social Sciences (General)
H Social Sciences > HB Economic Theory
Divisions: Faculty of Management and Social Sciences
Depositing User: mrs chioma hannah
Date Deposited: 25 Apr 2019 08:56
Last Modified: 25 Apr 2019 08:56
URI: http://eprints.gouni.edu.ng/id/eprint/1260

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