Economics Of African Yam Bean (Odudu) Marketing In Abia State, A Case Study Of Ohafia Local Government Area

OKPAN NNENNAYA UKAEBIE | 54 pages (7989 words) | Projects

ABSTRACT

The study examined the Economics of Africa Yam Bean Marketing in Ohafia Abia State, Nigeria. With a view of describing the social-economic characteristics for the Africa yam Bean, examine the marketing channels for Africa yam Bean in Abia State and determine the marketing margin of Africa yam Bean. Determinants of profit of the marketers were estimates and the problems associated with it's marketing. Data were collected from 60 respondents from Ohafia Agricultural zone. The age range of 30-39 accounted for the highest percentage of farmers in the study area. The distribution analysis revealed that the females dominated in the marketing of Africa yam Bean with a percentage of 85.00, the marital status of the Africa yam Bean marketers revealed that 30% out of 60 marketers interviewed are married while 14% are singles. The household size of the marketers is 4-6 person. The educational attainment analysis revealed that a good number of marketers had their primary education. Processing experience showed that between 1-10 years accounted for the highest number of processors. The total cost of African yam Bean in the study area was N300,300 on the average while the average total revenue was N403,800. This gave a profit of N97,200. The linear log functional form was chosen as the lend equation. The choice was informed by the value of its adjusted R2, the relative magnitude of R2, which is 72.03%. Also the choice of his functional form was also informed by its F-ratio as well as the fact that the functional form has a high number of significant co-efficient. Age, education, quantity of African Yam Bean sold, distance and experience. Recommendations such as to obtain credit facilities at affordable rates, and marketers should encourage transforming Africa yam Bean seed into food and also the need of electricity and water should be made available by the government.

Overall Rating

0.0

5 Star
(0)
4 Star
(0)
3 Star
(0)
2 Star
(0)
1 Star
(0)
APA

OKPAN, U (2021). Economics Of African Yam Bean (Odudu) Marketing In Abia State, A Case Study Of Ohafia Local Government Area . Repository.mouau.edu.ng: Retrieved Nov 23, 2024, from https://repository.mouau.edu.ng/work/view/economics-of-african-yam-bean-odudu-marketing-in-abia-state-a-case-study-of-ohafia-local-government-area-7-2

MLA 8th

UKAEBIE, OKPAN. "Economics Of African Yam Bean (Odudu) Marketing In Abia State, A Case Study Of Ohafia Local Government Area " Repository.mouau.edu.ng. Repository.mouau.edu.ng, 04 Aug. 2021, https://repository.mouau.edu.ng/work/view/economics-of-african-yam-bean-odudu-marketing-in-abia-state-a-case-study-of-ohafia-local-government-area-7-2. Accessed 23 Nov. 2024.

MLA7

UKAEBIE, OKPAN. "Economics Of African Yam Bean (Odudu) Marketing In Abia State, A Case Study Of Ohafia Local Government Area ". Repository.mouau.edu.ng, Repository.mouau.edu.ng, 04 Aug. 2021. Web. 23 Nov. 2024. < https://repository.mouau.edu.ng/work/view/economics-of-african-yam-bean-odudu-marketing-in-abia-state-a-case-study-of-ohafia-local-government-area-7-2 >.

Chicago

UKAEBIE, OKPAN. "Economics Of African Yam Bean (Odudu) Marketing In Abia State, A Case Study Of Ohafia Local Government Area " Repository.mouau.edu.ng (2021). Accessed 23 Nov. 2024. https://repository.mouau.edu.ng/work/view/economics-of-african-yam-bean-odudu-marketing-in-abia-state-a-case-study-of-ohafia-local-government-area-7-2

Related Works
Please wait...