Oyinbo et al Greener Journal of Agricultural Sciences Vol. 3 (1), pp.021-026, January 2013 ISSN: 2276-7770 Research Paper Manuscript Number:111212255 DOI: http://dx.doi.org/10.15580/GJAS.2013.1.111212255 Determinants of Crop Farmers Participation in Agricultural Insurance in the Federal Capital Territory, Abuja, Nigeria 1Abdulmalik, R.O, 2Oyinbo, .O, and 3Sami, R. A 1Department of Agricultural Economics and Rural Sociology 2,3Department of Plant Science, Faculty of Agriculture/Institute for Agricultural Research Ahmadu Bello University, Zaria, Nigeria Corresponding Author’s Email: saintoyas @ yahoo.com Abstract: This study was carried out to determine the factors influencing crop farmers’ participation in agricultural insurance scheme in the federal capital territory, Abuja, Nigeria. A two stage sampling procedure was employed to select a sample size of 120 farmers and structured questionnaire was used to elicit data from the farmers. The data collected from the farmers were analysed using descriptive statistics and logit regression model. The findings revealed that 78.3% of the farmers were aware of the existence of Agricultural insurance scheme but only 35% of the farmers participated in the Agricultural insurance scheme. The logit regression showed that age, educational level, farm size and accessibility to credit were significant variables that influenced the probability of participation of the farmers in agricultural insurance scheme while household size, membership of association and contacts with extension agents were found to be insignificant in influencing the farmers participation in Agricultural insurance scheme. The major challenge faced by farmers in the course of their participation in agricultural insurance was delay in indemnity payment. It is recommended that effective service delivery by insurance service providers will ensure continuity of farmers’ participation in agricultural insurance and also participation by farmers who are yet to participate. Keywords: Farmers, Factors, Agricultural insurance, Participation, Logit. Return to Content View [Full Article – PDF] [Full Article – HTML] [Full Article – EPUB] Reference: Ajetomobi JO (2010). Supply Response, Risk and Institutional Change in Nigerian Agriculture, AERC Research Paper 197, African Economic Research Consortium, Nairobi. Chikwendu DO, Amos TT, Tologbonse EB (1995). Farmers’ response to agricultural insurance in Niger State, Nigeria. Agricultural Systems in Africa 5 (2): 45-50. Eleri OE, Uduka IK, Akuto N, Onuvae P, Anwara O (2012). Towards a Climate-based Agricultural Insurance Reform in Nigeria. Presented at the Workshop on Legal and Regulatory Frameworks for Agricultural Insurance Reform in Nigeria – Protecting Nigeria’s Farmers from Climate Change Kano Hall, Transcorp Hilton Hotel, February 27, 2012. pp. 1 – 53. Emmanuel K (2007). Cashing in on the Advantages of the Nigerian Insurance Agricultural Corporation. http://www.ngex.com/news/public/article.php?ArticleID=236 Retrieved on the 24th April 2012. Gujarati DN and Porter CD (2009). Basic Econometrics (5th Edition). McGraw-Hill, New York. Hazell PB (1988). Risk and Uncertainties in Domestic Production and Price: Agricultural Price Policy for Developing Countries, Baltimore Maryland, John Hopkins University Press, U.S.A. Mishra Ak and Godwin BK (2006). Revenue Insurance Purchase Decisions of Farmers, Applied Economics 38: 149–159. Mohammed C, Ahmad Y, James RL (2003). Perception of Rural Livestock Insurance among Livestock Producers and Insurance Specialists in Isfahan Province, Iran. Journal of International Agricultural and Extension Education 10 (1): 37-42. Ogunride RO (1982). Claim Settlement. Journal of Insurance Institute of Nigeria 16(3): 3 – 27. Olubiyo SO, Hill GP, Webster JPG (2009). Econometric Analysis of the Impact of Agricultural Insurance on Farming Systems in the Middle Belt, Nigeria. African Journal of Food, Nutrition and Agriculture 9(6): 1406 – 1418. Patrick CA (2010). Poultry Farmers’ Response to Agricultural Insurance in Delta State, Nigeria, Journal of Agricultural Sciences 1(1): 43-47. Phillips DOA (1988). An empirical Review of the Proposed Agricultural Insurance Scheme in Nigeria, African Review of Money, Finance and Banking 1: 5 – 15.