Profitability Analysis of Fadama Farming in Akure South Local Government Area of Ondo State, Nigeria

Hits: 3620
Select Volume / Issue:
Year:
2014
Type of Publication:
Article
Keywords:
Descriptive, Profitability, Regression and Socio-Economic Characteristics
Authors:
A., Folayan J.; O., Bifarin J.
Journal:
IJRAS
Volume:
1
Number:
5
Pages:
325-329
Month:
September
Note:
This work is licensed under a Creative Commons Attribution-NonCommercial-ShareAlike 4.0 International License. CC BY-NC-SA 4.0 Creative Commons License: https://creativecommons.org/licenses/by-nc-sa/4.0/
Abstract:
The study was carried out to assess the profitability of fadama farming in Akure Local Government south Ondo state. The specific objectives of the study are to estimate the cost and returns of fadama farming and examine the factors determining its profitability. Akure south local governments area was purposively selected due to the intensity of fadama farming activities in the areas. Ten (10) villages were purposively selected from the local government area and ten respondents from each villages were selected for the study. Primary data were collected through the use of structured questionnaire. The findings revealed that majority (68%) of the respondents were male, 77% had formal educations. The finding further showed that 56% of the respondents claimed that fadama farming increases the annual profit; 33% submitted that pest and diseases infestation are major problem hindering their farming activities while 10% claimed low capital as their major problem. Regression result using linear model showed that age (X1), Gender (X2), marital status (X3) level of education (X4), household size (x2) were significant at 5% level. It was recommended that government should utilize the abundance of vegetations in the country for fadama which will improve the level of food security and boost the Nation’s Gross Domestic product.
Full text: IJRAS_124_Final.pdf

Our Journals

IJECCE
International Journal of Electronics Communication and Computer Engineering
ISSN(Online): 2249 - 071X
ISSN (Print) : 2278 – 4209
www.ijecce.org
Submissions open
IJAIR
International Journal of Agriculture Innovations and Research ISSN(Online) : 2319 – 1473
www.ijair.org
Submissions open
IJISM
International Journal of Innovation in Science and Mathematics
ISSN : 2347 – 9051
www.ijism.org
Submissions open
IJEIR
International Journal of Engineering Innovations and Research
ISSN(Online) : 2277 – 5668
www.ijeir.org
Submissions are open.

IJAIM
International Journal of Artificial Intelligence and Mechatronics ISSN(Online) : 2320 – 5121
www.ijaim.org
Submissions open
IJRAS
International Journal of Research in Agricultural Sciences ISSN(Online) : 2348 – 3997
www.ijras.org
Submissions open

Indexed By: