EVALUATING AGRIBUSINESS INVESTORS' CLIMATE CHANGE AWARENESS AND ADAPTATION STRATEGIES IN SOUTHEAST NIGERIA
The assessment of climate change adaptation has been widely researched but the assessment of agribusiness investor’s awareness and adaptation to climate change effects in southeast Nigeria seems not to be fully explored. A multistage sampling procedure was adopted in the collection of data from three hundred and sixty (360) agribusiness investors using structured questionnaires. Both descriptive and inferential statistics were employed to realize the objectives of the study. Result revealed that agribusiness investors are generally aware of climate change in the area and source their climate information through personal experience, radio, television, fellow investors, extension agent and social media. The result revealed that diversification, risk management and insurance, enhanced infrastructure and storage facilities, climate-smart technologies, supply of heat during cold weather, improve soil management, improve water management, changing the breeds of livestock and planting of flood resistant/tolerant crop were the adaptation strategies in the area. With P-value of 0.0000 and the Bartlett’s Test of Sphericity at 0.05 level of probability, it is posited that climate change effects significantly affected agribusiness investment in Southeast, Nigeria. The result showed further that production factor, economic factor, equipment factor and threat to human life factor were the major factors affecting agribusiness investment. Based on the findings, it is recommended programs on how to adapt effectively to climate change variability should be embarked upon by relevant authorities for agribusiness investors.
4- Agriculture
- 4th Jul 2025