This study analyzed the long-run impact of world oil prices on agricultural productivity in selected staple crops in Nigeria. The analysis was based on the input and output quantities of the crop sub-sector, which is the dominant sub-sector of agriculture of Nigeria. Secondary data which were sourced from secondary sources such as the Organization of Petroleum Exporting Countries (OPEC), National Bureau of Statistics (NBS) and Central Bank of Nigeria (CBN) annual statistical bulletin were use...
ABSTRACT Increased consumer awareness has raised concerns over food safety and production methods. In Nigeria, consumption of organic produce is low. This study assessed consumer willingness to pay for selected organic leafy vegetables. Data from 129 respondents were obtained using a simple random sampling technique. Conjoint analysis and contingent valuation were used to analyze willingness to pay and determinants of willingness to pay. Contingent valuation indicated that 84.5%, 76%, and 62...
Abstract Understanding relationships, opportunities and bottlenecks in a commodity value chain is crucial to the determination of the contribution of a commodity to economic development. The objective of the study was to Map Plantain Value Chain in order to identify the key players, their roles, value added along the chain as well as constraints. Personal Interview and Focus group discussions were used to collect primary data from the actors along the chain. Data were analyzed using descript...
The article discusses the challenges in the food supply chain systems. It distinguishes between food loss and waste, identify the causes of food loss and waste and suggests the solutions to minimize them. Finally, the article points to the SDG goals which sub-Saharan African Countries will stand to gain if they can effectively appraise these challenges.
Abstract: Market characteristics vary between one season and another as such the variation inhibits effective marketing of grain. This paper assess grains market characteristics in 17 selected grain markets in the area using markets characteristics survey conducted in two seasons of dry and rainy within the fiscal year of 2018. The data were analyzed using descriptive statistics and t-test. The results show that there were fewer people participating in the market (about 7markets repor...
ABSTRACT Objective: The study assessed resource-use efficiency among fish farmers in Owo Local Government Area of Ondo State, Nigeria. Methods: A multi stage sampling technique was used to select 50 fish farmers for the study. Data were collected during 2013 production cycle. Multiple regression analysis was used to determine the effects of variables determining the quantity of fish harvested. Allocative efficiency of resources used in raising fish was determined using marginal value product ...
ABSTRACT This study critically examined the negative effects of importation of rice on the Nigerian economy. The study also took a look at various import policies embarked upon by the Nigerian government as inconsistency in policy is a major hurdle to long term investment in the rice sub-sector. Nigeria spends billions of Naira on annual basis to import rice with its attendant depletion of the nation’s foreign reserves and this study analyzed that this negative trend can be reversed as ther...
The study examined the determinants of agricultural loan accessed by cooperative farmers from Bank of Agriculture in Imo State. Specifically, the socio-economic characteristics of the cooperative farmers were identified, volume of loan accessed by cooperative farmers was determined, effects of the socio-economic characteristics of the cooperative farmers on the volume of loan accessed was estimated. 80 respondents were selected randomly from five Local Government Areas of Imo State and data w...
The study analyzed the marketing of Poultry eggs in Oredo and Egor local government area of Edo state. It specifically described the socio-economic characteristics of the poultry egg marketers and determined the market conduct, performance of the egg market, marketing margin, profitability, effect of marketing cost on the magnitude of the marketing margin and the constraints that affected egg marketers in the study area. Structured questionnaire was randomly administered to 100 respondents in...
Introduction: Agribusiness & Agro Allied sector in Nigeria has the capacity to become a leading agribusiness and agro-allied industrial nation. Of the 923 million square kilometers in Nigeria, over 90 percent is arable, 40 percent is cultivated, and only 10 percent is properly cultivated. Therefore, Nigeria has significant potential to apply technology in intensifying production across a number of agro products. Nigeria’s ongoing Agricultural Transformation Agenda (ATA), the flagship prog...
Abstract This study was designed to carry out an evaluation of the profitability of goat rearing among rural households in Akoko South West Local Government Area of Ondo State, Nigeria. The aim of the study is to estimate the costs and returns to goat rearing, the determinant of goat rearing, and identified the constraints to goat rearing in the study area. Two stages sampling technique was used to collect data for this study from 60 goat farmers/keepers with the aid of well structured questi...