Chapter One — 1.1 Background to the Study

Over the past decade, the relationship between land tenure system and farm profitability has become a subject of considerable debate among scholars and industry practitioners alike, particularly within the context of Selected Fintech Companies in Nigeria where operating conditions differ markedly from more developed markets.

Selected Fintech Companies in Nigeria presents a useful setting for examining this relationship precisely because the conditions there — structural, regulatory, and behavioural — differ from those typically assumed in the broader literature, most of which draws on evidence from more developed economies.

1.2 Statement of the Problem

While land tenure system is widely discussed in policy and industry circles, empirical evidence on its actual effect on farm profitability within Selected Fintech Companies in Nigeria remains sparse and, in places, contradictory. This lack of localized, rigorous evidence makes it difficult for decision-makers to know with confidence whether current approaches to land tenure system are helping or hindering farm profitability — a gap this study sets out to close.

1.3 Objectives of the Study

1. To examine the effect of Land Tenure System on farm profitability in Selected Fintech Companies in Nigeria.
2. To assess the extent to which land tenure system influences farm profitability within the study area.
3. To identify the challenges associated with land tenure system in relation to farm profitability.
4. To recommend strategies for optimizing land tenure system in order to improve farm profitability.

1.4 Research Questions

1. What is the effect of land tenure system on farm profitability in Selected Fintech Companies in Nigeria?
2. To what extent does land tenure system influence farm profitability within the study area?
3. What challenges are associated with land tenure system in relation to farm profitability?
4. What strategies can be adopted to optimize land tenure system in order to improve farm profitability?

1.5 Significance of the Study

Beyond its academic contribution to the field of agricultural economics, this study has practical value for management teams within Selected Fintech Companies in Nigeria seeking to understand how land tenure system translates into measurable outcomes around farm profitability. It is equally useful to students and future researchers looking for a localized empirical reference on this relationship.

1.6 Scope of the Study

In terms of scope, this PhD study confines itself to Selected Fintech Companies in Nigeria, focusing specifically on how land tenure system relates to farm profitability within that setting. Findings are interpreted within these boundaries rather than as universal claims applicable to every organization or market.