Global Advanced Research Journal of Social Science (GARJSS)
March 2014 Vol. 3(1), pp. 001-007
Copyright © 2014 Global Advanced Research Journals

 

Full Length Research Paper

Factors influencing profitability among gum Arabic marketers in Jalingo, Taraba State, Nigeria

Umar HY1*, Otitolaiye JO2 and Adindu GA1

1Rubber Research Institute of Nigeria, PMB 1049, Benin City, Edo State, Nigeria.
2Department of Agricultural Economic and Extension, Faculty of Agriculture, Kogi State University, Nigeria.

*Corresponding Author:  E- mail:  haliru.umar@gmail.com

Accepted 20 March, 2014

Abstract

Gum arabic is an economic tree crop commonly found in Sahelian and Savannah of tropical zones. There are over 1100 different species of the plant. Three of these are of economic value due to the role they play in manufacturing industries worldwide. The study analysed the factors influencing revenue generation from gum arabic among its marketers in Jalingo Local Government of Taraba state, Nigeria. Sixty respondents were randomly interviewed using structured questionnaire, out of which 50 was used for this study. There are about 11 states in the Nigeria where gum arabic is abundantly gown wild with some on established farms. The produce is used in the manufacture of many industrial goods like ink, pharmaceuticals, paint, textiles, papers etc.  Both descriptive and inferential statistical models were used for the analyses. The results revealed that R2 = 0.692, implying that 69.2% of the independent variables used in the study jointly explained the variation in the output. Age, education, operating cost and fixed cost had negative coefficients while family size, purchasing cost, volume of gum arabic sold; labour cost and gum Arabic marketing experience had positive coefficients. These imply that an increase on those variables with negative coefficients will decrease revenue generation in the sales of gum arabic in the area; while an increase in those variables with positive coefficients will lead to increase in the revenue generation in gum arabic marketing in the study area. The economic advice was that gum arabic marketers should reduce allocation of resources with negative coefficients and increase allocation of the variables with positive coefficients in order to be more efficient in the gum arabic business in the area.

Keywords: Gum arabic, Marketing, Profitability, Revenue generation, Jalingo


Related Articles


Review
Kabeh JD
The Role of Biotechnology in Solving Global Food Crisis
Glo. Adv. Res. J. Soc. Sci October 2012 Vol: 1(3): - [Abstract] [Full Text - PDF] (167 KB)
Original Research Articles
Adeoti, Johnson O, Abdulraheem, Mulikat, Yahaya, Khadijat A
Assessment of Budgetary Allocation to Public Owned Media Houses A case study of the Herald Newspaper
Glo. Adv. Res. J. Soc. Sci March 2014 Vol: 3(3): - [Abstract] [Full Text - PDF] (116 KB)
Md. Omar Ali, Ashutosh Sarker, A.H.M. Motiur Rahman Talukder, Md. Samsul Alam, Md. Ariful Islam and Jamil Hossain
Adaptation of pea (Pisum sativum L) as relay crop with monsoon rice is a resource conservation technology in medium high to medium low lands of Bangladesh
Glo. Adv. Res. J. Soc. Sci January 2018 Vol: 7(1): - [Abstract] [Full Text - PDF] (1,922 KB)
Basil U. Onwe
Effect of Corporate Social Responsibilities of Banks on Ebonyi State University
Glo. Adv. Res. J. Soc. Sci December 2014 Vol: 3(12): - [Abstract] [Full Text - PDF] (299 KB)
Kabeh JD
Evaluation of aqueous neem seed extract and cypermethrin, in the management of cowpea pod-sucking bug Clavigralla Tomentosicollis Stal (hemiptera: coreidae) in the Nigerian Guinea Savanna.
Glo. Adv. Res. J. Soc. Sci January 2013 Vol: 2(1): - [Abstract] [Full Text - PDF] (185 KB)
V Munyati, J.P Musara, G. Chagwiza, Mafuse N, Parwada C and Chimvuramahwe J
Trends in Profitability and Measure of Government Protection in Sorghum Production ( Zimbabwe)
Glo. Adv. Res. J. Soc. Sci September 2012 Vol: 1(7): - [Abstract] [Full Text - PDF] (267 KB)

Current Issue

Viewing Options

View Full Article - PDF
Download Full Article - PDF

Search for Articles

Umar HY on Google Scholar
Umar HY on Pubmed
Otitolaiye JO on Google Scholar
Otitolaiye JO on Pubmed
Adindu GA on Google Scholar
Adindu GA on Pubmed

Statistics

Viewed 2723
Printed 602
Downloaded 2454
Powered By iPortal Works