Global Advanced Research Journal of Agricultural Science (GARJAS) ISSN: 2315-5094
March 2017 Vol. 6(3): pp. 078-083
Copyright © 2016 Global Advanced Research Journals

 

Full Lenght Research Paper

Profitability and Marketing Efficiency Analysis of Women Cassava Processors in Oyo State, Nigeria

Oladejo, Joana Adefemi


Department of Agricultural Economics, Ladoke Akintola University of Technology, Ogbomoso, Oyo State, Nigeria

Email: jaoladejo@lautech.edu.ng

Accepted 01 June, 2016

 

Abstract

This study analyzed profitability and marketing efficiency among women cassava processors in Oyo State, Nigeria. A multi-stage sampling method was employed to select one hundred and eighty (180) women cassava processors. Primary data were collected through a structured interview schedule and the data collected were subjected to descriptive, budgetary, and ordinary least squares regression analyses. Findings revealed that the mean age of respondents was 43 years while 25.6 percent of them had no access to formal education. Majority (82.2%) of the processors were married with a mean household size of 8 members. The BCR of 1.5 revealed that cassava processing is a profitable enterprise in the study area. Marketing efficiency value of above 100 percent indicates that respondents were able to cover the costs of value addition plus marketing and made a profitable margin. Levels of formal education and enterprise experience acquired had significant effects on marketing efficiency of respondents. Processors are encouraged to form cooperative groups or trade union through which they could jointly invest in modern processing facilities and organize educational workshops/seminars for members’ benefit.

Keywords: Profitability, Marketing efficiency, Cassava processing. 


 

Related Articles


Original Research Articles
Ahmed H Al dmour and Khaldoun M A Qaisi
Post Merger Profitability Analysis A Case of Lloyds TSB
Glo. Adv. Res. J. Agric. Sci. July 2016 Vol: 5(7): - [Abstract] [Full Text - PDF] (338 KB)
Ignatius Isaac Dambudzo
Application of the value chain analysis framework to enhance understanding of competitive advantage at an Open and Distance Learning (ODL) Institution.
Glo. Adv. Res. J. Agric. Sci. March 2013 Vol: 2(3): - [Abstract] [Full Text - PDF] (223 KB)
Mohamad HH, Ibrahim AH, Massoud HH
Assessment of the Expected Construction Companys Annual Work Volume Using Neural Network and Multiple Regression Models
Glo. Adv. Res. J. Agric. Sci. June 2012 Vol: 1(3): - [Abstract] [Full Text - PDF] (528 KB)
Ebenezer Kondo, Daniel Kwasi Asare, Kwamina Ewur Banson, Godwin Amenorpe, and Kenneth Ellis Danso
Economics of medium-scale on-station broiler production
Glo. Adv. Res. J. Agric. Sci. August 2015 Vol: 4(8): - [Abstract] [Full Text - PDF] (167 KB)
Review
Amata, IA
Chromium in Livestock Nutrition: A Review.
Glo. Adv. Res. J. Agric. Sci. December 2013 Vol: 2(12): - [Abstract] [Full Text - PDF] (162 KB)
Original Research Article
Sev Joesph Teryima, Agburu JI, and Timothy Alabar
The Management of Downsizing in Business Organization A Survey Of Skye Bank Plc in Benue State and Nasarawa State
Glo. Adv. Res. J. Agric. Sci. May 2012 Vol: 1(4): - [Abstract] [Full Text - PDF] (90 KB)

Current Issue

Viewing Options

View Full Article - PDF
Download Full Article - PDF

Search for Articles

Oladejo on Google Scholar
Oladejo on Pubmed
Joana A on Google Scholar
Joana A on Pubmed

Statistics

Viewed 538
Printed 148
Downloaded 422
Powered By iPortal Works