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 Cost and Returns Analysis of Groundnut Production in Qua’an Pan Local Government Area of Plateau State, Nigeria

2020 ◽  
pp. 31-40
Author(s):  
A. A. Dalla ◽  
S. K. Vihi ◽  
B. Jesse ◽  
L. G. Tor
Keyword(s):  
Local Government ◽  
Land Tenure ◽  
Function Analysis ◽  
Local Government Area ◽  
Farm Size ◽  
Primary Data ◽  
Farm Income ◽  
Selling Price ◽  
Gross Margin ◽  
Plateau State

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.

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

Economics of sweet potato production in Yenagoa Local Government Area of Bayelsa State, Nigeria: A Stochastic Approach

2021 ◽  
Vol 2 (1) ◽  
pp. 015-022
Author(s):  
NC Morgan ◽  
O Bethel ◽  
PO Aluge
Keyword(s):  
Local Government ◽  
Technical Efficiency ◽  
Sweet Potato ◽  
Agricultural Development ◽  
Sampling Technique ◽  
Fish Farming ◽  
Potato Production ◽  
Stochastic Approach ◽  
Local Government Area ◽  
Farm Income

The study examines the technical efficiency and profitability of sweet potato production in Yenagoa Local Government Area of Bayelsa State, Nigeria. A total of one hundred sweet potato farmers were selected through a multi-stage sampling technique. Data collected were analysed using descriptive statistics, budgetary analysis and stochastic approach. The average age of the farmers was 35 years, majority (54%) of the sweet potato farmers were males, majority (87%) of the farmers had one form of education, average fish farming experience of the farmers was 9 years, and majority (55%) of the sweet potato farmers were married. The result of production function depicts the coefficient of multiple determinations (R2) to be 41%. It further shows that the relationship between output and farming experience which had a coefficient of 0.11 was positive indicating that as years of farming experience increased, the amount of output increased. Moreover, the mean technical efficiency was 0.73 with minimum and maximum efficiencies of 0.19 and 1.76 respectively. Total Cost (TC) was ₦20,755.53while total returns were ₦31,715.20 with Net Farm Income (NFI) of ₦10,959.67. Return on investment was ₦0.53, which implies profitability of sweet potato production in the study area. The study also identified inadequate finance, lack of land, and high cost of labor as the major problems faced by the farmers. Government is therefore recommended to support in terms of revitalization and prioritizing funding of extension delivery system of the state owned Agricultural Development Programmes (ADPs).

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 Economics of piggery enterprise in Nigeria: A case study of Udi Local Government Area of Enugu State, Nigeria

Agro-Science ◽  
2020 ◽  
Vol 19 (2) ◽  
pp. 6-12
Author(s):  
N.A. Onyekuru ◽  
I.C. Ukwuaba ◽  
E.O. Aka
Keyword(s):  
Local Government ◽  
Local Government Area ◽  
Primary Data ◽  
Farm Income ◽  
Net Income ◽  
Gross Margin ◽  
Pig Production ◽  
Key Words Pig ◽  
Enugu State ◽  
The Government

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

scholarly journals Economics of Yam Production in Gboyin Local Government Area of Ekiti State, Nigeria

2020 ◽  
pp. 99-110
Author(s):  
O. C. Ariyo ◽  
M. B. Usman ◽  
M. M. Olorukooba ◽  
O. E. Olagunju ◽  
O. B. Oni ◽  
...  
Keyword(s):  
Local Government ◽  
Formal Education ◽  
Tertiary Education ◽  
Sampling Procedure ◽  
Study Data ◽  
Local Government Area ◽  
Farm Size ◽  
Farm Income ◽  
Planting Materials ◽  
Relationship Of

The study of economics of yam production was carried out in Gboyin Local Government Area of Ekiti State, Nigeria. The specific objectives are to: describe the socio-economic characteristics of yam farmers, determine and analyse the profitability of yam production, determine the input and output relationship of yam production and identify constraints to yam production. Three- stage sampling procedure was used to obtain information from respondents. A total number of 140 respondents selected randomly from four towns (Ode- Ekiti, Agbado, Aisegba and Ilumoba) were used for the study. Data were collected with interview schedule administered to obtain information from the farmers. Descriptive statistics, budgetary, profitability and multiple regression analysis were used to analyse the data. The result of the study showed that both males and females are involved in yam production in the study area with mean age of 45 years and mean household size of 5 members. The mean faming experience and farm size was 10 years and 1.83 hectares respectively. Majority (83.57%) had formal education (primary, secondary and tertiary education) and had no access to loans. The result of budgetary analyses showed that yam production is profitable with an average net farm income of N 91, 876.50 per production season. The profitability indicators revealed that the enterprise is viable and worthwhile. The coefficient of both fertilizer and farm size were significant at (P< 0.001), labour at (P< 0.05) while the coefficient of seed was significant at (P< 0.10) probability level. These variables are very vital and crucial in yam production. Inadequate capital and planting materials, high cost and inaccessibility to inputs, and poor produce price etc are the problems of yam production in the study area. It was concluded that yam production is a profitable, viable and worthwhile enterprise which can be embarked upon by both the youths and adults of the study area.

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 Economic Analysis of Snail Marketing in Ibadan North East Local Government Area Oyo State, Nigeria

2019 ◽  
pp. 1-8
Author(s):  
A. F. Aderounmu ◽  
I. O. Oyewo ◽  
O. O. Oke
Keyword(s):  
Local Government ◽  
Local Government Area ◽  
Cost Ratio ◽  
Gross Margin ◽  
Benefit Cost Ratio ◽  
North East ◽  
Frequency Table ◽  
Marketing Efficiency ◽  
The Cost ◽  
Benefit Cost

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.

scholarly journals EVALUATION OF THE PROFITABILITY AND PERFORMANCE OF YOUTH PARTICIPATION IN CASHEW NUT (ANACARDIUM OCCIDENTALE) MARKETING IN ANKPA LOCAL GOVERNMENT AREA OF KOGI STATE, NIGERIA

2018 ◽  
Vol 2 (1) ◽  
pp. 49
Author(s):  
Adeio P.E ◽  
Adejo E.G ◽  
Zakari J
Keyword(s):  
Local Government ◽  
Market Integration ◽  
High Efficiency ◽  
Local Government Area ◽  
Youth Participation ◽  
Primary Data ◽  
Gross Margin ◽  
Cashew Nut ◽  
Marketing Efficiency ◽  
And Performance

This study assessed youth participation in cashew nut marketing in Ankpa Local Government Area of Kogi State, Nigeria. It specifically described the socioeconomic characteristics of the youths, examined the profitability of youth involvement in cashew nut marketing, assessed the efficiency and performance of youth in cashew nut marketing, and determined the level of market integration in cashew nut marketing. A three staged random sampling method was used to select 120 youth involved in cashew nut marketing for the study. Relevant primary data obtained through structured questionnaire were analysed using descriptive statistics, gross margin model, marketing efficiency, and Pearson price correlation. Findings of the study showed a mean age and marketing experience of 37 years and 10 years respectively. Gross margin obtained was N 445, 563.90 per annum, N14, 811.11 per bag and N185.11per kg with a high efficiency level of 654%. The level of integration (0.415) between Awo and Enjema markets was significant 5%. Youth are encouraged to consider cashew nut marketing as an option to reduce unemployment and improve their welfare. 

scholarly journals Assessment of the Profitability and Viability of Catfish Marketing in Onitsha North and South Local Government area of Anambra State Nigeria

2021 ◽  
Vol 9 (1) ◽  
Author(s):  
Samuel O. Igwe ◽  
Terhemba E. Chancha ◽  
Blessing G. Umbugadu ◽  
Beatrice G. Dauda
Keyword(s):  
Local Government ◽  
Return On Investment ◽  
Transportation Cost ◽  
Local Government Area ◽  
Gross Margin ◽  
Anambra State ◽  
Net Profit ◽  
Marketing Data ◽  
The Cost ◽  
North And South

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.

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