Determinants of profitability in catfish farming in Ilorin West Local Government Area of Kwara State, Nigeria

2021 ◽  
Vol 17 (1) ◽  
pp. 71-79
Author(s):  
O.A., Fatoki ◽  
O.V. Arowolo ◽  
T.O. Oguntoye ◽  
G.B. Kabir ◽  
R.I. Kolade
Keyword(s):  
Local Government ◽  
Linear Regression ◽  
Sampling Technique ◽  
Local Government Area ◽  
Regression Result ◽  
Poverty Level ◽  
Gross Margin ◽  
Personal Saving ◽  
Pond Size ◽  
Margin Analysis

This study analysed the profitability of catfish farming in Ilorin west Local Government Area of Kwara State. Multistage sampling technique was used to collect data from 120 catfish farmers using structured questionnaire. Data collected were analysed using descriptive statistics, Gross margin analysis and linear regression. Result shows that more than half (54.17%) of the catfish farmers were males while majority (63.34%) of the farmers were within the age group 31- 50 years. The mean age and household size of farmers in the study area were 38 years and 5 persons respectively. Most of the catfish farmers (45.83%) utilized concrete pond type while average fish pond size was 205 square metres. Major source of finance for farmers is from their personal savings. The gross margin analysis shows that gross margin for the catfish farmers was ₦22,013,583.1 while the average gross margin was ₦183,446.52 perproduction cycle indicating that catfish farming is profitable. The result of the linear regression reveals that pond maintenance,  transportation and feed cost are negative and have significant effects on income generated from catfish business while pond size and education is positive and significant at 5%. Since catfish business is a profitable venture, the study recommends that the Nigerian government should use this as a means to empower unemployed youths and rural households to reduce poverty level as well as dependence on fish importation in the country. Keywords: Catfish farmers, Profitability, Production, Gross margin, Personal saving.

scholarly journals Small and Medium Scale Enterprises’ Activities and Eonomic Developmemnt in Obio-Akpor Local Government Area, Rivers State, Nigeria

2022 ◽  
Vol 13 (1) ◽  
pp. 118
Author(s):  
Ukamaka P. Chidume ◽  
Simeon G. Nenbee
Keyword(s):  
Economic Development ◽  
Logistic Regression ◽  
Local Government ◽  
Sampling Technique ◽  
Local Government Area ◽  
Regression Result ◽  
Poverty Level ◽  
Medium Scale ◽  
Rivers State ◽  
The Impact

This paper assesses the impact of Small and Medium Scale Enterprises (SMEs) activities on economic development in Obio-Akpor Local Government Area of Rivers State, Nigeria. To achieve this theme, an instrument Called Small and Medium Scale Enterprises Survey Questionnaire (SMEQ) was developed which focused more on employment generation and poverty reduction. The population of the study was chosen based on the two thousand six hundred and thirty-four (2634) registered SMEs with the Rivers State Ministry of Commerce and Industry in 2019. Based on simple random sampling technique, a total of three hundred and thirty-eight (338) respondents were sampled. Relying on descriptive statistics and logistic regression estimation techniques, the data were analyzed. Analyses of the respondents’ opinion suggest that the major businesses engaged in the study area were restaurant, tailoring and beauty/hair dressing. Again, majority of the respondents were of the opinion that SMEs operators do not have increased access to basic social-economic amenities. The output of the logistic regression result has it that an increase in firm size can improve the chances of SMEs fostering economic development in Obio-Akpor while increase in the salary of employees could also enhance the chances of SMEs to redress the rising poverty level too. The paper thus recommends that employment tax incentives should be granted to proprietors of SMEs and taming of the rising insecurity cases across the country.   Received: 11 September 2021 / Accepted: 25 November 2021 / Published: 5 January 2022

scholarly journals Economic Analysis of Cassava Flour and Garri Production in Ibarapa Local Government Area, Oyo State, Nigeria

2020 ◽  
Vol 24 (9) ◽  
pp. 1551-1554
Author(s):  
A.A. Adesope ◽  
O. Olumide-Ojo ◽  
I.O. Oyewo ◽  
B.H. Ugege ◽  
A.A. Oyelade
Keyword(s):  
Local Government ◽  
Land Tenure ◽  
Sampling Technique ◽  
Local Government Area ◽  
Primary Data ◽  
Gross Margin ◽  
Cassava Flour ◽  
Factors Influencing ◽  
Significant Difference ◽  
Selection Of

Cassava, an edible root crop and a reliable and relatively inexpensive source of carbohydrate, is widely grown and processed into different foods such as cassava flour and garri. The study analyzed the costs and returns in cassava flour and garri production and also determined the factors influencing its production in the study area. A two- stage sampling technique was used to generate primary data used for this study. The first stage involved the purposive selection of Ibarapa North Local Government Area (LGA), because it has more cassava producers and processors than other LGAs. The second stage involved the random selection of 15 villages out of the 23 in the LGA. From the selected villages, 170 respondents were randomly selected while only 150 copies of the structured questionnaire administered were retrieved. Results from the primary data shows that 28.3% of garri producersproducers had no formal education and 46.7% were between the ages of 30 and 39years. The regression analysis shows that the quantity of garri sold (ß =5.4099), transportation cost (ß =-0.2994), peeling cost (ß = -0.4249), and grating cost (ß = 0.6878) were all  significant to the total revenue of cassava flour sold. Price, inadequate capital, transportation, land tenure and markets were factors influencing garri and cassava flour production. Analysis of the costs and returns revealed that processing cassava into garri gave a higher gross margin even though processing of cassava was profitable, indicating that there is a significant difference between flour and garri production. Inputs, market, good and infrastructural facilities should be provided so as to increase production capacity and hence food security. Keywords: Cassava, Cassava flour, Garri, Gross margin, Nigeria

scholarly journals ECONOMIC ANALYSIS AND PATTERN OF AGROCHEMICALS USE AMONG SMALLHOLDER CROP FARMERS IN EDU LOCAL GOVERNMENT AREA OF KWARA STATE

2019 ◽  
Vol 52 (2) ◽  
Author(s):  
Adedeji Sharafadeen Olayinka ◽  
Alimi Folorunsho Lawal ◽  
Madu Ali Bwala ◽  
Umaru Habiba Mohammed ◽  
Ajao Ibrahim Sulaiman
Keyword(s):  
Local Government ◽  
Economic Analysis ◽  
Sampling Technique ◽  
Local Government Area ◽  
Descriptive Statistics ◽  
Small Scale ◽  
Gross Margin ◽  
Safety Measures ◽  
Before And After ◽  
Crop Farmer

This study addresses the economic analysis and pattern of agrochemicals use among smallholder crop farmers in Edu Local Government Area of Kwara State, Nigeria. A multistage random sampling technique was used to select 144 small-scale crop farmers interviewed for the study. Descriptive statistics and farm budgeting techniques were used for data analysis. The result shows that a typical small-scale crop farmer in the study area is, on average, a 31-year-oldmale with 11 to 20 years of farming experience. These groups of farmers also cultivate 0.78 hectares and have a household size of 8. Herbicides are the predominant agrochemical used during the survey; it was mostly applied both before and after crop emergence. Usually, pesticides were applied without following safety instructions. Users of agrochemicals obtained a total gross margin of USD 1,469.95 per hectare with a profitability ratio of 1.22 which indicates that farming is a profitable business in the study area. The study recommends to increase awareness on farmer safety measures when handlingagrochemicals; and to establish educational programs that will educate farmers on how to safely use agrochemicals.

scholarly journals PROMOTION OF INTEGRATED PEST MANAGEMENT (IPM) IN COWPEA PRODUCTION IN FUFORE LOCAL GOVERNMENT AREA, ADAMAWA STATE, NIGERIA

2020 ◽  
Vol 7 (6) ◽  
pp. 11-40
Author(s):  
A. S. HADDABI
Keyword(s):  
Local Government ◽  
Integrated Pest Management ◽  
Pest Management ◽  
Fertilizer Application ◽  
Local Government Area ◽  
Human Beings ◽  
Gross Margin ◽  
Group Management ◽  
Broad Objective ◽  
Margin Analysis

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).

scholarly journals PROFITABILITY ANALYSIS AND DETERMINANTS OF GROUNDNUT (Arachis hypogea) PRODUCTION IN DAMBATTA LOCAL GOVERNMENT AREA OF KANO STATE, NIGERIA

2020 ◽  
Vol 1 (1) ◽  
pp. 31-39
Author(s):  
C. G. Onuwa ◽  
S. S. Mailumo ◽  
S. Y. Muhammed
Keyword(s):  
Local Government ◽  
Sampling Technique ◽  
Local Government Area ◽  
Farm Size ◽  
Farm Income ◽  
Cost Ratio ◽  
Gross Margin ◽  
Benefit Cost Ratio ◽  
Arachis Hypogea ◽  
Profitability Analysis

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

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

2014 ◽  
pp. 9-20 ◽  
Author(s):  
Isah Bakoji
Keyword(s):  
Local Government ◽  
Local Government Area ◽  
Farm Income ◽  
Gross Margin ◽  
Resistant Varieties ◽  
Hired Labor ◽  
The Cost ◽  
Analytical Tools ◽  
Margin Analysis ◽  
Structured Questionnaire

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

scholarly journals Fish Production and Marketing in Dundaye District, wammakko Local Government Area, Sokoto State

2021 ◽  
Vol 37 (1) ◽  
pp. 91-100
Author(s):  
A. A. Yakubu ◽  
I. Magawata ◽  
T. M. Motunrayo
Keyword(s):  
Local Government ◽  
Landing Site ◽  
Local Government Area ◽  
Fish Production ◽  
Artisanal Fishing ◽  
Gross Margin ◽  
Customer Preferences ◽  
Sample Technique ◽  
Margin Analysis ◽  
Structured Questionnaire

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.

ECONOMIC ANALYSIS OF IRISH POTATO (Solanum tuberasum) PRODUCTION UNDER IRRIGATION SYS- TEM IN KATSINA METROPOLIS, KATSINA LOCAL GOVERNMENT AREA, KATSINA STATE

2016 ◽  
Vol 15 (1) ◽  
pp. 35-47
Author(s):  
U. SANI ◽  
Z. A. ABDULLAHI ◽  
M. ZEKERI
Keyword(s):  
Local Government ◽  
Tertiary Education ◽  
Potato Production ◽  
Irish Potato ◽  
Local Government Area ◽  
Farm Income ◽  
Source Information ◽  
Gross Margin ◽  
Production Characteristic ◽  
Personal Saving

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.

scholarly journals Marketing of poultry eggs in Ondo West Local Government Area of Ondo State, Nigeria

2021 ◽  
Vol 47 (6) ◽  
pp. 39-45
Author(s):  
I. Ibidapo ◽  
M. H. Ogunsipe ◽  
P. T. Owombo
Keyword(s):  
Regression Analysis ◽  
Local Government ◽  
Sampling Technique ◽  
Local Government Area ◽  
Least Square ◽  
Primary Data ◽  
Gross Margin ◽  
Poultry Eggs ◽  
Ondo State ◽  
The Mean

The study investigated the marketing of poultry-eggs in Ondo-West local government area of Ondo State, Nigeria. The multi-stage sampling technique was employed in the selection of one hundred and twenty-five (125) poultry-egg marketers for the study. Primary data collected with the aid of structured questionnaire were analysed using descriptive statistics, gross margin analysis and ordinary least square regression analysis. Result showed the mean age of respondents as 44.2±9.7 years, 63.2% were female and 36.8% were male and 72.0% were married. The mean household size was 7±3 members and 58.4% had secondary education. Price fluctuation constitutes a major challenge in poultry-egg marketing. The gross margin was N 48611.37. The regression analysis revealed that stock size (number of creates), cost price, transportation cost and labour cost were the significant variables influencing the gross margin in poultry-egg marketing in the study area. Marketing of poultry-egg has improved the average household means of livelihoods and generate income. Hence, poultry-egg marketing should be encouraged in terms of access to credit, information and provision of storage facilities.   L'étude portait sur la commercialisation des œufs de volaille dans la zone de gouvernement local de l'Ouest de l'Ondo dans l'État d'Ondo, au Nigéria. La technique d'échantillonnage en plusieurs étapes a été utilisée pour sélectionner cent vingt-cinq (125) commerçants d'œufs de volaille pour l'étude. Les données primaires collectées à l'aide d'un questionnaire structuré ont été analysées à l'aide de statistiques descriptives, d'une analyse de la marge brute et d'une analyse de régression des moindres carrés ordinaires. Les résultats ont montré que l'âge moyen des répondants était de 44,2 ± 9,7 ans, 63,2% étaient des femmes et 36,8% étaient des hommes et 72,0% étaient mariés. La taille moyenne des ménages était de 7 ± 3 membres et 58,4% avaient une éducation secondaire. La fluctuation des prix constitue un défi majeur dans la commercialisation des œufs de volaille. La marge brute était de N48611.37. L'analyse de régression a révélé que la taille du stock (nombre de caisses, prix, coût de transport et coût de la main-d'œuvre étaient les variables importantes influençant la marge brute de commercialisation des œufs de volaille dans la zone d'étude. La Commercialisation des œufs de volaille a amélioré les moyens de subsistance moyens des ménages et constitue un moyen de générer des revenus. Par conséquent, la commercialisation des œufs de volaille doit être encouragée en termes d'accès au crédit, d'information et de fourniture d'installations de stockage.

scholarly journals Economics of Cassava Flour Production in Iwajowa Local Government Area of Oyo State

2020 ◽  
pp. 44-49
Author(s):  
Oluwafemi, Zaccheaus Olaniyi
Keyword(s):  
Local Government ◽  
Sampling Technique ◽  
Simple Random Sampling ◽  
Local Government Area ◽  
Gross Margin ◽  
New Production ◽  
Cassava Flour ◽  
Production Technologies ◽  
Processing Techniques ◽  
Flour Production

This study investigated the economics of cassava flour production in Iwajowa Local Government Area of Oyo State, Nigeria. The instrument of data collection was a well-structured questionnaire and interview schedules. A simple random sampling technique in proportion to population was used to select 120 respondents in the study area. Descriptive statistics and gross margin analysis were used to analyze the socioeconomic characteristics and cassava flour production inputs. The cassava flour processors in the study area were still in their active age with a relatively low level of education and moderate family size. Majority engaged in cassava flour production as primary occupation using soaking and sundry processing techniques. Therefore ₦23064 was the mean of gross margin in the area. It is recommended that cassava flour processors should be educated on new production technologies, assisted to have access to improved processing machine and to solve the problems itemized.

Sign in / Sign up

Export Citation Format

Share Document