Paper Title
DETERMINANTS OF PROFIT IN OKRA PRODUCTION IN ANAMBRA WEST LOCAL GOVERNMENT AREA OF ANAMBRA STATE, NIGERIA
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Authors
Offia, E.O. , Ugbaja, M.O. , Utobo, O. , Nzeocha, C.C. , Nwankwo, E.C. and Chiekezie, C.R.
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Abstract
This study examined the determinants of Okra production farmers in Anambra west Local Government Area of Anambra state. The specific objectives were to: describe the socio-economic characteristics of the okra farmers; determine the cost and returns of okra farming; analyze the factors that could influence profit in okra production and identify constraints facing okra farmers in the study area. The study population consist a sample of 50 okra farmers who were purposively chosen from five communities within the L.G.A. Data collections was done through the use of structured questionnaire. Data analysis was done using descriptive and inferential statistics. About 76% of the respondents were females with an average age of 39.9years. Majority (82%) of the farmers are married with the average years of schooling found to be 10.1 and average farming experience of 18.4 years. The analysis revealed that the average total revenue realized from the sale of okra is N467,502.42 and total cost expended N147,917.6. Furthermore, farmers made a gross profit of N329,767.82 from the sales, the net return N319,584.82 and return on investment was N3.16 which shows okra production is profitable in the study area. The study revealed that farming experience, farm size, fertilizer quantity, extension contact and gender are the socioeconomic characteristics that influenced the profit realized by the okra farmers. The study finally presents the variables limiting more profit in okra production as: High transportation cost, access to credit, inadequate extension visits, incidence of flood, pest and diseases, high cost of fertilizer, high theft of matured produce, high cost of labor, herders attack. The study recommended the need for government to provide inputs such as chemicals (pesticides and herbicides) at subsidized rates to farmers and also aim at solving major problem of vegetable production which includes flood and herds men attack. Also land restrictions on women should be addressed as okra production is female dominated and access to land was recorded as a significant variable to profit in okra production.
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How To Cite (APA)
Offia, E.O., Ugbaja, M.O., Utobo, O., Nzeocha, C.C., & Nwankwo, E.C. and Chiekezie, C.R. (December-2023). DETERMINANTS OF PROFIT IN OKRA PRODUCTION IN ANAMBRA WEST LOCAL GOVERNMENT AREA OF ANAMBRA STATE, NIGERIA. INTERNATIONAL JOURNAL OF NOVEL RESEARCH AND DEVELOPMENT, 8(12), a251-a266. https://ijnrd.org/papers/IJNRD2312034.pdf
Issue
Volume 8 Issue 12, December-2023
Pages : a251-a266
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Paper Reg. ID: IJNRD_210191
Published Paper Id: IJNRD2312034
Downloads: 000121979
Research Area: Engineering
Country: -, -, India
Published Paper PDF: https://ijnrd.org/papers/IJNRD2312034.pdf
Published Paper URL: https://ijnrd.org/viewpaperforall?paper=IJNRD2312034
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Journal Name: INTERNATIONAL JOURNAL OF NOVEL RESEARCH AND DEVELOPMENT(IJNRD)
ISSN: 2456-4184 | IMPACT FACTOR: 8.76 Calculated By Google Scholar | ESTD YEAR: 2016
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