Analysis of Savings and Investment Patterns Among Rural Farming Households in Yewa Division, Ogun State, Nigeria

2021 ◽  
Vol 6 ◽  
pp. 28
Author(s):  
E. O. Akerele ◽  
E. F. Akerele ◽  
A. S. Onasanya ◽  
L. A. Akomolede ◽  
A. R. Ilori

This study examined the analysis of savings and investment patterns among rural farming households in Yewa Division of Ogun State, Nigeria. The study was based on primary data obtained in a cross-section of 120 farming households drawn by multi- stage random sampling.Results showed that 44.2% were males with age bracket 31 – 40 years. The famers were mostly married 90.8% and 52.5% practice Islamic religion. The percentage of those that were educated was 64.2% and majority of these farmers (37.5%) had a farming experience of about 6-10years. The income level earned by these farmers was majorly between N20,000.00–N40,000.00 which is approximately (50%) of the entire sampled households.The Regression 2 Analysis of the determinants of savings among the respondents revealed an Adjusted R value of 0.579 which implies that 57.9% of the variation in dependent variable (Y) which is farm output is accounted for by the selection of socio-economic variables (X -X ) included in the model.Evidence from the study shows that 1 8 age, marital status and return on investment are statically significant in determining the investment pattern of the farmers in the survey area. It is therefore recommended that support should be given for the establishment of farm service centres reasonably close to the farmers, through which they may be able to gain access to modern inputs

2019 ◽  
Vol 51 (1) ◽  
pp. 51-58
Author(s):  
Olatokunbo H Osinowo ◽  
Esther T Tolorunju

There is a retarded growth in poultry egg production in Ogun state, Nigeria. This has led to high cost of production and the average market prices of the product. The study therefore examined the technical efficiency of poultry egg production in Ogun state, Nigeria using the stochastic frontier production function model. Primary data were collected using a set of structured questionnaire from one hundred and twenty (120) poultry egg farmers who were selected using multi-stage sampling techniques, from Poultry Association of Nigeria, Ogun State chapter. The level of technical efficiencies (TE) varied widely across farms, ranging between 64 percent and 97 percent, with a mean value of 85.6 percent. Only years of experience negatively affected the TE while an increase in other socio-economic variables, such as education, age and location of farm led to an increase in the TE value. The major constraints in poultry egg production ranked in order of unbearable cost of feed, inadequate fund and capital, lack of disease control facilities and unstable power supply. This study recommends dissemination of improved modern technology in egg production to the poultry egg farmers.


2020 ◽  
Vol 10 ◽  
pp. 114
Author(s):  
Ezekiel Olaoluwa Akerele ◽  
Damilola Tobi Babayanju ◽  
Olumayowa Oyebanjo

This study examined farm size and productivity of food crop farmers in Abeokuta North Local Government Area of Ogun State, Nigeria. The study was based on primary data obtained through the use of structured questionnaires. The survey involved a cross section random selection of 112 farming households from the study area. Data were obtained on the socio – economic characteristic of the farming members of the households, mode of land acquisition, parcels of land available for cultivation, total parcels of land cultivated, resources used, cost and outputs of food crops on parcels of land cultivated. The data was analyzed by both descriptive statistics and stochastic frontier model with the level of land fragmentation measured by Simpson index as well as the number of parcel cultivated. It was found that significant evidence exists to show that most farms cultivated in the study area are relatively fragmented which was caused by inheritance mode of land acquisition and this have effect on food crop production. The farm sizes cultivated by farming households have significance effect on output. Hired labour and cost of intermediate materials used have significant effect on the production efficiency of farmers. The finding revealed that most farming households in the study area were found operating relatively on scattered farm land. On the basis of the above findings, it was recommended that Farmers' accessibility to loans should be addressed by government and to establish farm estate, pattern of land holding and also acquisition of more farmland should be addressed for high production efficiency.


2016 ◽  
Vol 5 (1) ◽  
Author(s):  
P. Srivalli ◽  
Kota Neela Mani Kanta

Perceived organizational support is an employee belief that organization values their contributions and cares about their welfare. The study assumes faculty can teach effectively in an environment where there is organizational support. In addition organizational commitment is a significant employee attitude towards his job in regard to effective teaching. Consequently the study is sought to analyze the moderation of organizational support on the relationship between organizational commitment and teaching effectiveness. The study is conducted among 410 private engineering college faculties working in Rayalaseema region of Andhra Pradesh. The study follows descriptive research design, as the study describes the moderation effect of organizational support. The study follows probabilistic, multi-stage sampling method in selection of sample. The study administers structured questionnaire among engineering college faculty for collection of primary data. The study finds statistically insignificant moderation effect of organizational support.


2018 ◽  
Vol 7 (3) ◽  
pp. 28
Author(s):  
Ezekiel Akerele ◽  
Sheriff Adekunmbi

Cooperatives play an important role in facilitating access to credit, procurement and storage distribution of input and marketing of products. They create employment opportunities particularly in the rural areas and allow disadvantaged groups to be organized for social and economic benefit. This study was conducted in Abeokuta North and Abeokuta South Local Government Areas of Ogun State, Nigeria. Both primary data and secondary data were used for the study. Multi–stage random sample was used to sample 108 cooperative members. Data collected were analysed using descriptive tools, budgetary analysis, logit and multiple regression model. The findings shows that majority (50.9 percent) of the cooperators are male, 77.8 percent were married,59.3 percent were Christians while 98.1 percent were educated.Majority (87.9 percent) had experience ranging from 1 – 10 which is good in business. The total variables cost from business was estimated at N70,983.47, total fixed cost was N276,271 and this accounted for only 79.56 percent of the total cost. Returns on Investment (RRI), Profitability Index (PI), Return on Variable Cost (RRVC) and Operation Ratio (OR) were 181.62%, 0.63, 173.42% and 0.21 respectively. Also some (48.1 percent) of the respondents enjoyed loan benefit, while 40.7 percent enjoyed business improvement benefit.The results showed that start up capital, labour and credit obtained were significant to cooperative members’access to credit. The result revealed that majority (72.2 percent) of the respondents suffered from non-remittance of deduction by the government as their own challenges. The study concluded that cooperative credit societies is very productive and effective in helping members achieving their goals and also improve their standard of living. Cooperatives societies should encourage members in quick accessibility to loan.


Author(s):  
Ogechi Cordelia Nwahia ◽  
Benjamin Ahmed ◽  
Edwin Onyeabor ◽  
Stanley Balogun

Poverty is a major menace in Nigeria. Therefore, the research centered on the analysis of poverty status of farming households in Ebonyi State. Multi stage and simple random sampling techniques were used to select 450 respondents for the study. Primary data were collected using electronic data capturing instrument containing the questionnaire and analyzed using descriptive statistics, Foster, Greer and Thorbeecke (FGT), and Logit regression model. The result from the study shows that 54% of the farming households in Ebonyi state were poor while 46% of them were not poor. The result further reveals that household size, dependency ratio, sex, monthly household expenditure, and farm size were the significant factors that influenced poverty status of Ebonyi state farming households. Therefore, government at the federal, state and local levels should consider socioeconomic characteristics of the farming households in the design and implementation of any poverty driven projects in order to improve their standard of living. Also, government at the various level, should consider embarking on programs to address the youth unemployment and aged members of the Nigerian society for these will reduce the dependency burden which have continued to increase the poverty level in farming households in Ebonyi state.


2016 ◽  
Vol 8 (1) ◽  
pp. 75-91 ◽  
Author(s):  
Shelby Devina ◽  
Waluyo Waluyo

The objective of this research was to examine the effect of perceived usefulness, perceived ease of use, speed, security and privacy and readiness technology tax payers information to e-Filing usage. The object of this study is the individual tax payers in Tangerang City, Karawaci District. The selection of the sample is determined based on convenience sampling method. Data used in this study was primary data, id est: questionnaires. The respondent in this study were 110. Data analysis technique in this study using multiple linear regression. The result of this study were (1) perceived usefulness have a significant impact towards e-Filing usage; (2) perceived ease of use have a significant impact towards e-Filing usage; (3) speed does not have a significant impact towards e-Filing usage; (4) security and privacy does not have a significant impact towards e-Filing usage; (5) readiness technology tax payers information does not have a significant impact towards e-Filing usage; (6) perceived usefulness, perceived ease of use, speed, security and privacy and readiness technology tax payers information all simultaneously, have a significant impact towards e-Filing usage. Keywords: e-Filing usage, perceived usefulness, perceived ease of use, readiness technology tax payers information, security and privacy.


2019 ◽  
Vol 125 ◽  
pp. 22001
Author(s):  
I Nyoman Simpen ◽  
Muhammad Nur Abdi ◽  
Mochammad Fahlevi ◽  
Rinto Noviantoro ◽  
Muhtar

Understanding to fill the tax return, annual report tax return individual is still lacking, many taxpayers did not understand how to fill out an annual tax return, especially the tax year 2014. The objective was to investigate the influence of socialization Tax, Tax Penalties and Tax e-filing of the tax return reporting annual individual taxpayer. Sampling was done by purposive sampling method and selection of non-random manner convenience. The primary data collection method used is survey method using a questionnaire. Data were analyzed using multiple linear analysis, descriptive analysis and to test hypotheses.


Author(s):  
Cornelius Nellessen ◽  
Thomas Klein ◽  
Hans-Jürgen Rapp ◽  
Frank Rögener

The production of pharmaceutical ingredients, intermediates and final products strongly depends on the utilization of water. Water is also required for the purification and preparation of reagents. Each specific application determines the respective water quality. In the European Union, the European Pharmacopeia (Ph. Eur.) contains the official standards that assure quality control of pharmaceutical products during their life cycle. According to this, the production of water for pharmaceutical use is mainly based on multi-stage distillation and membrane processes, especially, reverse osmosis. Membrane distillation (MD) could be an alternative process to these classical methods. It offers advantages in terms of energy demand and a compact apparatus design. In the following study, the preparation of pharmaceutical-grade water from tap water in a one-step process using MD is presented. Special emphasis is placed on the performance of two different module designs and on the selection of optimum process parameters.


2000 ◽  
Author(s):  
Neville K. S. Lee ◽  
Grace H. Yu ◽  
Y. Zou ◽  
J. Y. Chen ◽  
Ajay Joneja

Abstract Mechanical means of positioning are frequently used in mechanical assembly processes. However, very little attention has been paid to the selection of mechanical alignment systems (MAS) for assembly processes. Our analysis shows that if the MAS are not properly selected, the form errors as well surface waviness and roughness of the workpieces to be assembled can badly limit the level of accuracy achievable. A simulation-based methodology is described to study the alignment accuracy for multi-stage processes. Such cases are common, where fabrication operations are done on parts before they are assembled. The study shows that if the workpieces are aligned in the same orientation, using similar or identical MAS for the fabrication processes and assembly processes, then the effect of the form errors as well as surface waviness and roughness of the workpieces can be greatly suppressed.


Author(s):  
Zhiao Zhao ◽  
Yong Zhang ◽  
Guanjun Liu ◽  
Jing Qiu

Sample allocation and selection technology is of great significance in the test plan design of prognostics validation. Considering the existing researches, the importance of prognostics samples of different moments is not considered in the degradation process of a single failure. Normally, prognostics samples are generated under the same time interval mechanism. However, a prognostics system may have low prognostics accuracy because of the small quantity of failure degradation and measurement randomness in the early stage of a failure degradation process. Historical degradation data onto equipment failure modes are collected, and the degradation process model based on the multi-stage Wiener process is established. Based on the multi-stage Wiener process model, we choose four parameters to describe different degradation stages in a degradation process. According to four parameters, the sample selection weight of each degradation stage is calculated and the weight of each degradation stage is used to select prognostics samples. Taking a bearing wear fault of a helicopter transmission device as an example, its degradation process is established and sample selection weights are calculated. According to the sample selection weight of each degradation process, we accomplish the prognostics sample selection of the bearing wear fault. The results show that the prognostics sample selection method proposed in this article has good applicability.


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