Economic analysis and some land tenure practices in southern Nigeria


Ike, D.N.

Nigerian Journal of Rural Development and Cooperative Studies 1(2): 17-25

1985


The paper presents and analyses the criteria for the maximization of wealth in agriculture. These criteria are: (1) whether property rights exist on land with legal and tenure certainty; (2) whether the cost reward structure internalizes costs and benefits; (3) whether there is freedom and legal enforcement on contracts.