Farmers' Attitude and Behavior Toward Savings in IKA South Local Government Area of Delta State, Nigeria

The study ascertained the attitude of farmers towards saving behaviour in Ika South Local Government Area of Delta State, Nigeria. The data were collected by questionnaires and analyzed using descriptive statistics and logistic regression. The results revealed that the mean age of respondents was 47 years, majority of farmers’ were male (62%) and had formal education (66.2%), mean household size was four persons and farm size had a mean of 2.9 hectares. Farmers have a positive attitude towards saving but were not comfortable with commercial banks. They, however, seek alternative avenues for savings. Level of education, farm size, and years of farming experience were significant determinants of savings. Three top challenges to savings were inadequate income, family responsibility, and cost of inputs. It was recommended that policies that increase farm size/boost farm income be pursued and that commercial banks should pay particular attention to the needs of farmers in service administration to encourage them to develop a positive attitude towards commercial banks.

本研究针对尼日利亚三角洲州伊卡南部地方政府区域的农户储蓄态度展开调研。数据通过问卷法收集，并采用描述性统计与逻辑回归模型进行分析。结果显示，受访农户的平均年龄为47岁，其中多数为男性（占比62%）且接受过正规教育（占比66.2%）；家庭平均规模为4人，耕地平均面积为2.9公顷。农户对储蓄持有积极态度，但对商业银行认可度较低，转而寻求其他储蓄渠道。受教育水平、耕地面积与农耕年限是影响农户储蓄行为的显著因素。农户面临的三大储蓄难题分别为收入不足、家庭责任负担与农资成本高昂。研究建议出台政策以扩大耕地规模或提升农户农业收入，同时商业银行应在服务管理中重点关注农户需求，以此引导农户建立对商业银行的积极态度。