Factor analytic model of the impact of ict on the productivity of agricultural business in federal capital territory, abuja, nigeria

Author: 
Ubaru M. O., Iwasokun G. B and Akinyokun O. C

Investment on ICT projects in all the sectors of the world economy has been on the increase in the past years. This paper proposes thirty five performance indices of ICT on the productivity of agricultural business in the Federal Capital Territory (FCT) of Nigeria and a tool for evaluating their impact. The indices were surveyed by administering questionnaires and holding meetings/interviews with agricultural business stakeholders. The performance indices were subjected to factor analysis by principal components using Statistical Package for Social Scientists (SPSS). Seven factors were extracted and the percentage contributions of each factor to the productivity of agricultural business were estimated. The total sum of the percentage contributions of the seven factors was found to be less than 100. This revealed that there were some extraneous factors whose related performance indices were not considered in the administered questionnaire which were liable to play significant role in the productivity of agricultural business. Moreover, a factor scores coefficient matrix that can be used to estimate and rank the assessment of each Respondent was generated.

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DOI: 
http://dx.doi.org/10.24327/ijcar.2018.13147.2330
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