ABSTRACT
The study profitability honey bee
production in Umuahia Agricultural Zone specifically considered the
socio-economic characteristics of the farmers, the costs of return associated
with the business, factors that determine profitability as well as constraints
associated with it. A simple random sampling technique was used in selecting 60
respondents which formed the sample size of the study. Analytical look such as
sample descriptive statistics, net income statement, ordinary least square
regression were employed in handling the data. The result showed that the
respondents had a mean age of 43.97 with only 21.7% single and only 14.9%
having experience of over 10 years. A total fixed cost of 19,285.83 gave 34.64%
of the total cost incurred while the remaining 65.33% was on the variable cost
with a net income of N237,297.53. The coefficients of level of education and
marital status were positively signed at 5% significant level each while loam
amount and cost of baiting materials were negatively signed at 1% significant
level each. Major constraints in the business include cost of baiting,
transportation, no ready market and low demand. The study therefore recommends
better policies of credit facilities into the business as well as plans for
good extension services to enlighten the farmers.
ONUOHA, B (2021). Profitability Of Honey Production In Umuahia Agricultural Zone. Repository.mouau.edu.ng: Retrieved Nov 23, 2024, from https://repository.mouau.edu.ng/work/view/profitability-of-honey-production-in-umuahia-agricultural-zone-7-2
B, ONUOHA. "Profitability Of Honey Production In Umuahia Agricultural Zone" Repository.mouau.edu.ng. Repository.mouau.edu.ng, 26 Jul. 2021, https://repository.mouau.edu.ng/work/view/profitability-of-honey-production-in-umuahia-agricultural-zone-7-2. Accessed 23 Nov. 2024.
B, ONUOHA. "Profitability Of Honey Production In Umuahia Agricultural Zone". Repository.mouau.edu.ng, Repository.mouau.edu.ng, 26 Jul. 2021. Web. 23 Nov. 2024. < https://repository.mouau.edu.ng/work/view/profitability-of-honey-production-in-umuahia-agricultural-zone-7-2 >.
B, ONUOHA. "Profitability Of Honey Production In Umuahia Agricultural Zone" Repository.mouau.edu.ng (2021). Accessed 23 Nov. 2024. https://repository.mouau.edu.ng/work/view/profitability-of-honey-production-in-umuahia-agricultural-zone-7-2