Economic Analysis of Maize-Cowpea Intercrops in Akko Local Government Area, Gombe State, Nigeria

Author(s):  
Isah Bakoji

The study was conducted in Akko Local Government Area, Gombe state, Nigeria to examine the cost and return analysis of maize-cowpea intercrop enterprise. Data were collected using a structured questionnaire administered to 50 respondents on their socio economic characteristics, inputs and output, cost incurred and the revenue realized for the 2013 production season using random sampling techniques. Descriptive statistics, gross margin analysis and regression analysis were the analytical tools used in analyzing the data. The result showed that majority of the sampled farmers (74.6%) was within the age bracket of 31-50 years with (88.9%) that had one form of education or the other. Fertilizer constituted the bulk (47.6%) of the total cost of production. The gross margin, net farm income and return per naira invested were found to be Naira 21245, Naira 20608, N0. 93 per hectare respectively. Double-log model was chosen as the lead equation, the result further indicated that age, seeds and fertilizer are positively significant at p>_ 0.05 with R2 of 55.4% while educational level hired labor and insecticides gave a negative elasticity of their respective coefficients. Insufficient credit facilities, high cost of inputs pest and diseases and use of manual operation are the major constraints in the study area. Therefore it is recommended that credit delivery from lending agencies, inputs early and resistant varieties and labor saving techniques should be made readily available and affordable to farmers to improve their production with the generation of optimum profit. DOI: http://dx.doi.org/10.3329/jbayr.v2i1.20537 Journal of the Bangladesh Association of Young Researchers (JBAYR): Vol.2(1), 2012 & 2013: 9-20

2021 ◽  
Vol 37 (1) ◽  
pp. 91-100
Author(s):  
A. A. Yakubu ◽  
I. Magawata ◽  
T. M. Motunrayo

The study was conducted in Wammakko local government area of Sokoto state. On the RiverRima side where artisanal fish production and marketing on the landing site takes place. One hundred and twenty (120) respondents were selected via stratified random sample technique. Information was on demographic features, production, marketing, processing and handling and customer preferences with the aid of structured questionnaire. Descriptive statistics and gross margin analysis were used to analyse the data. The results revealed that 90% respondents were in age ranged of 26-55. Fish was marketed in fresh and fried forms in the landing site. Fifty percent (50%) of the respondents prefer Tilapia and Hetrobranchus species and 57% spent N400 on fish monthly. Seventy two percent of the consumers prefer to take the price of the fishermen. Profit margin of N9,200 for fish mongers while N3,720 for the fiahermen ere recorded. It was recommended that farmers should be enlightened on the new fishing techniques especially the production and management of artisanal fishing.


2021 ◽  
Vol 9 (4) ◽  
pp. 105-114
Author(s):  
B.A Shelleng ◽  
B. Tabitha

The study assessed the effects of Fadama lll on rural rice farmers in Yola-North LGA of Adamawa State, Nigeria. The objectives are to; described the socio-economic characteristics of the respondents, Estimate the cost and returns of Fadama and non-Fadama participants, to assess the change in output and to assess the change in income among the respondents. One hundred and twenty four (124) respondents were selected from beneficiaries and non-beneficiaries of the project through multi stage and purposive random sampling. Structured questionnaire were used to obtained data on the Socio-economic characteristics, Cost and Returns, Change in output and Change in income. The data were analysed using Descriptive and inferential statistics. The findings reveals that majority of the respondents were males (71.4%) and married (69.6}.These categories of respondents are in their productive ages (30 – 39 and 40 – 49) capable of engaging in farming activities and they account for 64 % whom are the majority. Revenue generated by the beneficiaries is higher than that of the non-beneficiaries as revealed by the Gross margin analysis, likewise the T-test showed the mean Income of the beneficiaries was higher compared to that of the non-beneficiaries even though the difference was not significant at p=0.05 .Despite the fact that the project had made little impact on the living conditions of the beneficiaries, it is recommended that it should be continue in order to ensure sustained income and revenue generation.


Author(s):  
A. F. Aderounmu ◽  
I. O. Oyewo ◽  
O. O. Oke

This paper reports findings from a study carried out to investigate the profitability of snail marketing in Ibadan North East Local Government area of Oyo State. Structured questionnaires and interview schedules were designed to obtain information on socio-economic characteristics, operational capital and source, years of experience in the business and constraints to snail marketing. Seventy snail marketers, randomly selected from three major markets which are Oje, Agodi gate and Agugu market;. The data collected were analyzed using frequency table, percentage, gross margin, Benefit/ Cost ratio and Marketing Efficiency analyses. Majority (94.3%) of the respondents were female while 5.7% were male. 31.5% were between the ages of 51-60years with mean age of 54.9 years. It was also shown that 50% source their capital through personal savings between N11,000-N20,000 and 47.1% with 5-9years experience. The cost and return analysis revealed that total revenue was N1, 457,700.00k and total cost was N1, 285,320.00k while gross margin    was N172, 380.00k and benefit- cost ratio was 1.13 which implies that for every N1.00 invested the marketer will make a return of N1.13k on every snail sold, Marketing efficiency was 88%. Major constraints to snail marketing in the study area were poor market patronage (87.1%) and seasonality (82.9%). Snail farming is advocated since it is a profitable agribusiness and can be achieved through cooperatives and micro credit facilities. Also, marketing of snail in the area    should be restructured and standardized to command frequent patronage and command higher price value.


Author(s):  
Samuel O. Igwe ◽  
Terhemba E. Chancha ◽  
Blessing G. Umbugadu ◽  
Beatrice G. Dauda

The study was carried out in Onitsha north and Onitsha south local government area of Anambra State Nigeria. The main objective of the study was to assess the profitability and viability of catfish marketing. Data were collected with structured questionnaires administered to 65 randomly selected catfish marketers.  Mean, frequency, percentages, gross margin, Net profit, Gross margin ratio, Operating ratio and Return on investment were all employed to analyze the objectives. The result revealed that transportation cost is the most militating factor against catfish marketing in Onitsha north and Onitsha south local government area of Anambra State Nigeria. The study also revealed that, catfish marketing in the study area was profitable and viable with return on Investment (ROI) of 22.17% and a Gross Margin ratio of 18.14%. The study therefore, recommends that government should provide storage facility and rehabilitate our roads to reduce the cost of transportation in marketing.


Author(s):  
A. A. Dalla ◽  
S. K. Vihi ◽  
B. Jesse ◽  
L. G. Tor

This study assessed cost and returns analysis of groundnut production in Qua’an Pan Local Government Area of Plateau State, Nigeria. The specific objectives were to determine the socio economic characteristics of groundnut producers in the study area, estimate the cost and returns of groundnut production, determine the input and output relationship in groundnut production and identify the constraints faced by groundnut farmers in the study area. Multistage sampling technique was used in selecting 150 respondents for the study. Primary data were collected through the use of structured questionnaires and interview technique and were subjected to both descriptive and inferential statistics. The results obtained from the study revealed that the mean age of the respondents was 38 years with males dominating (82%) the groundnut production enterprise in the study area. Greater (85%) percentages of respondents were married with majority (64%) of them having primary school education. The respondents had an average household size of nine (9) persons, a mean farming experience of 9.3 years and an average farm size of 3.0 hectares. The result also revealed that majority (72%) of the respondents did not belong to any cooperative/ farming association. The result indicates that majority (79%) of the groundnut farmers acquired their farmland by inheritance. Groundnut production in the study area is profitable. The average output obtained per hectare was 696 kg at the prevailing selling price of ₦280/kg. The total revenue (TR), gross margin (GM) and, net farm income (NFI) per hectare obtained were ₦194880, ₦139380 and ₦123730 respectively. The return on naira invested (RNI) by farmers in the study area was ₦1.70 indicating that for every one naira invested, ₦1.70 profit was gained. The result of the double log production function analysis shows that farm size, cost of fertilizer and cost of labour were statistically significant and influenced the profitability of groundnut production.  Major constraints to groundnut production in the study area include; high cost of inputs (64 %), high cost of labour (49 %), lack of organized market system (47%), land tenure (42%) among others. The study recommends that groundnut stakeholders and research institutes should work more on introducing new improved groundnut varieties. Government should subsidize groundnut inputs like recommended fertilizer and herbicides so as to motivate farmers to grow groundnut. Government should establish organized marketing systems where farmers will have proper and reliable linkages with buyers thereby reducing the undue exploitative tendencies of the middlemen.  Improved storage facilities should be provided so that farmers could store their produce to avoid spoilage and for sale during times of scarcity.


Author(s):  
A. S. HADDABI

Cowpea is a good source of protein to human beings and feeds to livestock. The broad objective was the promotion of Integrated Pest Management (IPM) in cowpea production in Fufore Local Government Area, and the specific objectives were to create awareness and strengthen the farmers group, describe socio-economic characteristics of farmers, train the farmers group on IPM, compare the performance between improved variety and farmers’ variety, assess profitability of IPM and demonstrate recommended IPM practices. Data collected were analysed using descriptive statistics and Gross Margin analysis. The Gross Margin under IPM practices was N200,711.80 while N6,899.60 under farmers’ practice. The result of the study showed that an average yield of 239.4kg/ha and 1714kg/ha of cowpea respectively from farmers’ practices and IPM practices. The participating group was strengthened in aspects of group management and to sustain the IPM practices. The farmers were trained in timely planting, correct spacing and fertilizer application, correct dose and timely application od insecticides when necessary and pests identification. 65% of the farmers agreed to adopt IPM in cowpea production as from next year (2009).


2020 ◽  
Vol 1 (1) ◽  
pp. 31-39
Author(s):  
C. G. Onuwa ◽  
S. S. Mailumo ◽  
S. Y. Muhammed

This study analyzed the profitability and determinants of groundnut production in Dambatta Local Government Area of Kano state. Multi-stage sampling technique was used in collecting data from eighty (80) respondents in the study area. The data generated were analyzed using descriptive statistics, farm budgeting model and regression analysis. The results revealed that the gross margin and net farm income of the farmers were N71400/ha and N59400/ha respectively. Also, the fixed and operating ratios were estimated at 0.1 and 0.41 respectively, while the benefit- cost ratio was N1.98. The coefficient of multiple determination (R2) was 0.739, implying that about 74% of the variation in the output of groundnut was accounted for by the explanatory variable inputs in the regression model. The regression coefficients of Farm size(X1) and Credit(X6) were positive and statistically significant at (p< 0.01), labour (X2) and Agrochemical(X5) were also positive and statistically significant at (p< 0.1), while Fertilizer(X4) was also positive and statistically significant at (p<0.05). The major constraints associated with groundnut production in the study area include; inadequate capital (86%), high cost of production inputs (83%) and lack of access to agricultural credit (78%). The study recommended that if these constraints are adequately tackled the productivity and profitability of the groundnut farmers will significantly improve. Onuwa, C. G. | Department of Agricultural Extension and Management, Federal College of Forestry, Jos, Plateau state, Nigeria


Agro-Science ◽  
2020 ◽  
Vol 19 (2) ◽  
pp. 6-12
Author(s):  
N.A. Onyekuru ◽  
I.C. Ukwuaba ◽  
E.O. Aka

The study examined the economics of pig enterprise in Udi Local Government Area of Enugu State, Nigeria. Despite the economic leverage and  nutritional advantages of pig, its production still remains the least when compared to other livestock sub-sector. The study specifically described the socioeconomics characteristics of pig farmers, examined the factors influencing revenue from pig production, estimated the costs and returns in pig production and examined the problems faced by pig farmers in the area. Purposive and random sampling techniques were used in the selection of 60 farmers for the study. Primary data were collected from the selected farmers with the aid of structured questionnaire. Data were analysed using descriptive statistics, net income and multiple regression models. Results showed that majority of the respondents (85%) were male, married (81.7%), literate (100%) with mean age and household size of 48 years and five persons, respectively. Majority (88.3%) of the respondents sourced their capital from personal savings and 95% of them had crossed breeds of pigs. The determinants of net income from pig production were  education (−0.271), cost of feed (0.687) and cost of labour (0.329). The profitability and the viability of piggery enterprise in the study area were shown by the gross margin, net farm income and the return on investment of ₦824,395.30 ($2,269.56), N747,797.42 ($2,058.69) and 0.84 (84%),  respectively. Huge capital required for the investment, inadequate extension education, high cost of feed, diseases and parasite infestation, poor farm management, high cost of veterinary services, insufficient credit facilities and subsidies, and infant mortality and cannibalism were the major constraints faced by the farmers in the piggery enterprise. The study recommends that the government and other relevant agencies should provide subsidies and make credit facilities available and accessible to pig farmers in the study area. Key words: pig production, enterprise, gross margin, profitability, Nigeria


2016 ◽  
Vol 15 (1) ◽  
pp. 35-47
Author(s):  
U. SANI ◽  
Z. A. ABDULLAHI ◽  
M. ZEKERI

A survey on economics analysis of Irish Potato (Solanum tuberasum) Production under irrigation sys- tem in Katsina Metropolis Katsina Local Government Area was carried out. Six communities were purposively selected due to the production of Irish potato. The communities were Kofar Sauri, Kofar Durbi, Kofar Marusa, Filin Samji, Rafukka and Yammawa. A simple random sampling was employed in selecting the farmers were by ten (10) farmers were randomly selected from each community which gave a total of sixty respondents. The data were obtained using structured questionnaire and sub- jected to descriptive statistics, gross margin and net farm income analysis. The research describes the socio economic characteristic of the respondents in which the respondents were within the mean age of 41 years. The result also showed hundred percent of the respondents were male, 66.6% were mar- ried, 30%, 31.6%, 33.3% and 5% had qur«¤??anic, primary, secondary and tertiary education respectively. The result also showed that 90% of the respondents«¤?? source their initial income for production of Irish potato from personal saving and 48.3% source information from mass media. The research also de- scribed the production characteristic of the respondents were majority (51.6%) cultivate 0.2-0.4ha, 81.6% acquired their land by inheritance, 88.3% practice sole cropping and 48.3% used family labor. Net Farm Income analysis revealed that Irish potato production in the study area is profitable with Net Farm Income of N5798.83, «¤?¢Ã21555.35 and «¤?¢Ã65399.48 for 0.2-0.4ha, 0.5-0.7ha and 0.8-1ha. The result further reveals that manure and fuel contributed toward the output for 0.2-0.4ha, manure, fuel, water and labour contributed for 0.5-0.7ha and manure, water and labour for 0.8-1ha. The result also identified some constraints to Irish potato production such as inadequate fertilizer, poor storage facili- ties, pest and diseases, inadequate extension advice, poor canal maintenance, inadequate capital, poor cooperation, adulteration of farm input, and marketing problem. Conclusively, net farm income result shows that Irish potato production is profitable in the study area. It is recommended that re- search into way of improving the method of storage should be promoted.


2016 ◽  
Vol 10 (2) ◽  
pp. 2036-2038
Author(s):  
S.O.W TOLUWASE ◽  
K. A ABDU-RAHEEM

The study was carried out in Ikole Local Government Area of Ekiti State. Structured questionnaire was used to collect data on socio-economic variables, costs and revenues of the farmers. One hundred food crop famers cultivating cassava were randomly selected for the study. The result revealed that most of the farmers were young and educated. The mean household size was eight people. Land tenure through inheritance was the major method of acquiring farmland. Most farmers are small scale farmers operate mostly on owner’s equity. The gross margin of cassava production was #172, 920.00 per hectare. Cassava production was profitable by returning 2.07 for everyone naira invented in the study area. Among the recommendation made to boost production in the area was granting of small loans to farmers by commercial banks and land should be made available and allocated to the farmers to increase output and productivity of cassava production in the study area.


Sign in / Sign up

Export Citation Format

Share Document