Abstract
The study assessed the effect of capital resources utilization on cassava production in Abia State, Nigeria. The specific objectives were to: ascertain
the relationship between agricultural loans and cassava production and examine the relationship between agricultural grants and cassava
production. Two null hypotheses were also formulated and tested at 5% level of significance. The study adopted a correlational research design.
Multi-stage sampling procedure was employed to select 120 cassava farmers from two (2) agricultural zones for the study. Data were collected
using structured questionnaire. Data were analyzed using Pearson Product Moment Correlation and simple linear regression for testing the
hypotheses. The correlation results revealed that there was a very high (0.78) level of positive relationship between agricultural loans and cassava
production. The correlation result also showed a very high (0.91) level of positive relationship between agricultural grants and cassava production.
The regression results revealed a significant positive relationship between agricultural loans and cassava production at 1% level of significance.
The regression results also revealed a significant positive relationship between agricultural grants and cassava production at 1% level of
significance. Based on the findings of the study, it was concluded that capital resources utilization had positive effect on cassava production in
Abia State, Nigeria. Hence, it was recommended that there is need for the Government at various levels, ministries of agriculture, non-governmental
organizations and other stakeholders in the agricultural sector to improve cassava farmers’ access to loans and grants for increased cassava
production in the study area.
Keywords: Effect, Capital, Resource, Utilization, Cassava Production.
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