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PREFERENCE DIFFERENTIALS FOR AGRO-ENTREPRENEURSHIP AMONG YOUTHS IN EBONYI STATE, NIGERIA
Abstract
The study analyzed the Preference Differentials for agro-entrepreneurship among youths in Ebonyi State, Nigeria. A multi-stage sampling technique was adopted in the selection of 180 youth agro-entrepreneurs and data collectedusing structured questionnaire. The study employed descriptive statistics and Principal Component Factor for analyses of data. Results show that the major agro-entrepreneurship activities of the youths were farm production (crop and livestock production), farm input supply, agro-processing, and marketing/distribution. The study identified high profit motive, technical qualification, good market potential, previous experience, ambition to become agro-entrepreneur, desire to be self-employed, government support, family agro-entrepreneurial history, economic needs, and support from donor agencies etc as the important factors influencing the youth’s agro-entrepreneurship preference. Lack of credit facilities, corruption, high interest rate, high capital demand, poor transportation facilities, limited access to improved technologies, insufficient information, challenges of market accessibility, poor enabling environment, inconsistent government policies, multiple taxation were the major constraints to agro-entrepreneurship development among the youths. State and private information and communication agencies should be encouraged to convey information on existing government and other small and medium scale business funding support platforms that are accessible to youth agro-entrepreneurs.
