Determinant of Financial Literacy on Financial Inclusion of Agripreneurs in Ikwerre LGA Rivers State, Nigeria

The study examined the determinants of financial literacy on financial inclusion of agripreneurs in Ikwerre LGA Rivers State, Nigeria the specific objectives were to describe the socioeconomic characteristics of agripreneurs, assess the level of financial literacy of agripreneurs, and determine the relationship between financial literacy and financial inclusion of agripreneurs in the study area. A two-stage sampling technique was used in the selection of ninety (90) agripreneurs. Data were analyzed using descriptive statistics and binary logistic regression model. The result showed that 47.6% and 52.4% of male and female respectively were financially included, with mean age of 34 years and household size of six (6) among financially included. The result of binary logistic regression Results shows that financial planning and financial behaviour were statistically significant at 1% respectively. The study recommends that Government and policy makers should maximize efforts towards promotion of increasing the levels of financial literacy especially in rural areas through financial education programmes, financial literacy should be part of agricultural extension teaching programmes, and financial institutions should increase the level of awareness on their financial products and services.