Browsing by Author "Banjoko, I. K."
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Item Assessment of risks and uncertainties in poultry farming in Kwara State, Nigeria.(Wollega University, Ethiopia., 2014) Banjoko, I. K.; Falola, A.; Babatunde, F. B.; Atolagbe, R.This study was designed to assess the risks and uncertainties encountered by poultry farmers in Kwara State, Nigeria. Specifically, the study describes the socio-economic characteristics of the farmers, identify the risks and uncertainties encountered by the farmers, determines the level of severity of the risks and uncertainties, and identifies the coping strategies employed by the farmers. Primary data obtained from 99 registered poultry farmers selected through multistage sampling technique were used for the study. These were complemented with data from published and grey literature. Descriptive statistics and 3-point Likert scale were used to analyze the data. The study shows that poultry farming in the study area is practiced mainly by young, small-scale farmers, who are married, with high level of formal education but had little access to extension services. The major sources of risks encountered by the farmers were severe weather fluctuation, lack of veterinary services, disease outbreak, transportation problems, parasites and severe price fluctuation of birds. The study further revealed that the severe risks encountered by the farmers were disease outbreak, poor parent stock, accumulation of dung, severe weather fluctuation, lack of veterinary services and transportation problems. The study therefore calls for improved extension services, good transportation facilities, adequate veterinary services, market information by government and relevant stakeholders as well as formation of cooperative socities by the farmers.Item Comparative technical efficiency of insured and uninsured cocoa farm operators in Ondo State Nigeria.(Faculty of Agriculture , University of Belgrade., 2014) Falola, A.; Banjoko, I. K.; Babalola, O. A.This study evaluates the technical efficiency of insured and uninsured cocoa farm operators in Ondo State, Nigeria. Study data were obtained from 60 insured and 60 uninsured farm operators. Descriptive statistics, stochastic frontier production function and t-test were used for the data analysis. The mean technical efficiency of the insured farm and uninsured farm operators was 76% and 70% respectively. Evidence from the t-test revealed that there was a significant difference between the technical efficiency of the insured and uninsured farm operators (t-cal. = 2.513; p = 0.012). The significant determinants for the output of the insured farm operators were farm size and the cost of pesticides while only the cost of pesticides was significant in determining output for the uninsured farm operators. The study therefore recommends policies aimed at promoting agricultural insurance among cocoa farmers, reducing the cost of pesticides, increasing farm size as well as encouraging young and well-educated individuals to insure their farming activities.Item Economic analysis of cocoyam production in Osun State, Nigeria(Department of Economics, University of Ilorin, Nigeria, 2015) Falola, A.; Fakayode, S. B.; Banjoko, I. K.The quest to achieve food security and at the same time make production of underutilised species a profitable venture necessitated the focus of this study. Among other objectives, the study determined the profitability of cocoyam production, the technical efficiency of the farmers and the factors that influenced commercialisation of the crop. Data were obtained from 140 cocoyam farm households using interview schedule. Data collected were analysed with descriptive statistics, cost and returns analysis, stochastic frontier model, household commercialisation index (HCI) and regression tool. The result obtained indicated that majorities of the farmers were male, married and less educated, had no access to extension services, small-scale and financed their operations mainly with personal savings. The outcomes of gross margin, return to farm management and labour, gross ratio, operating ratio and return to capital invested by the farmers indicated that cocoyam production is a profitable enterprise. The result of the technical efficiency of the farmers also suggest that opportunity still exists for increasing productivity through increased efficiency in use of existing farm technology. The outcome of the HCI of the farmers indicated a gap of about 51 per cent which implies that cocoyam production is market-oriented. The study further revealed that the significant factors influencing cocoyam commercialisation were educational level, farming experience, farm size, modern technology and age of the farmers. To improve on this, agricultural development agencies should encourage young and educated individuals to actively engage in cocoyam production in Osun State by providing the necessary incentives such as fund and inputs.Item Willingness-to-pay for agricultural extension services by fish farmers in Nigeria: A case study of Kwara State, Nigeria.(Clarion University of Pennsylvania, Clarion, Pennsylvania, 2012) Falola, A.; Banjoko, I. K.; Ukpebor, P. O.The need to improve fish production in developing countries through adequate access to agricultural extension services necessitated the focus of this study. A structured questionnaire was used to elicit data from 60 registered fish farmers randomly selected across the study area. Descriptive statistics and logistic regression model were used to analyse the data. The major areas of information needs of the farmers were fish breeding, access to formal credit, feed formulation and management. The study also revealed that stock size, nature of production, level of education and age of the farmers were the significant factors affecting willingness-to-pay for extension services by the fish farmers. The study recommends improved extension services, large scale fish farming and encouragement of fish production by young, educated individual.