Browsing by Author "Osasona, K.K."
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Item EFFECT OF MARKET PARTICIPATION ON FOOD SECURITY AMONG SMALLHOLDER SORGHUM FARMERS IN KWARA STATE, NIGERIA(Cercetări Agronomice în Moldova, 2020-02-09) Salami, M.F.; Osasona, K.K.; Akinsola, G.O.; Akanbi, S.O.; Durosaye, M.T.It is paradoxical to note that food insecurity remains a menace among many African farmers’ households. There are arguments for and against smallholder farmers' market participation as a pathway for ensuring household food security. The paper therefore examined the market participation- food security relationship using smallholder sorghum farmers in Kwara State, as a case study. Primary data were obtained from 112 sorghum farming households using the semi-structured interview survey method. Descriptive statistic (frequencies and percentages), Crop output market participation index, Logistic regression model and Tobit regression model was used to analyse the data obtained. The result revealed that market participation positively and significantly contributes to the food security status of the sorghum farmers. Also, household size, farm output quantity, access to market information, access to credit and farm power types were the factors influencing the level of market participation in the study area. Therefore, all factors that will aid farmers' market participation should be pursued.Item MARKET ANALYSIS OF APPLE FRUIT IN SELECTED MARKETS OF LAGOS STATE NIGERIA.(Federal University of Technology, Owerri, 2020) Belewu, K.Y.; Akinsola, G.O.; Osasona, K.K.; Baba, H.S.; Adisa, Q.B.This thesis studied the market analysis of apple fruit in selected markets of Lagos state, Nigeria. This project work stemmed from the need to assess the marketing structure, conduct and performance of the fruit in selected markets of Lagos state by using structured questionnaire which was administered to 102 apple fruit marketers in the study area. Data was analysed using descriptive statistics such as frequencies, mean and percentages, gini coefficient, concentration ratio, market margin and efficiency analysis, gross margin analysis, benefit cost ratio, ordinary regression analysis, and likert-type scale. To measure the market concentration: Gini coefficient and concentration ratio (CR4) were used to determine the market structure. The gini coefficient of 85.6% indicated that that there is inequality or high level of seller concentration at this level, a concentration of 47.7% which indicates a weak oligopolistic nature of the market. The performance of the market was efficient and profitable. A marketing margin of ₦4,902,877.0k/month and a marketing efficiency of 114% were obtained by the marketers. The transaction costs affecting the efficiency of the traders were the costs of storage, loading, transportation, and market levy. The three major problems of the traders were price fluctuation, high transportation cost, and lack of credit. Hence, the study suggests that there should be a provision of credit facilities and loans, intervention of government agencies and market association in stabilization of price, and reduction of tariffs and embargo.Item MARKET ANALYSIS OF APPLE FRUIT IN SELECTED MARKETS OF LAGOS STATE NIGERIA.(INT’L JOURNAL OF AGRIC. AND RURAL DEV., 2020) Belewu, K.Y.; Akinsola, G.O.; Osasona, K.K.; Baba, Halimat S.; Adisa, Q.B.This thesis studied the market analysis of apple fruit in selected markets of Lagos state, Nigeria. This project work stemmed from the need to assess the marketing structure, conduct and performance of the fruit in selected markets of Lagos state by using structured questionnaire which was administered to 102 apple fruit marketers in the study area. Data was analysed using descriptive statistics such as frequencies, mean and percentages, gini coefficient, concentration ratio, market margin and efficiency analysis, gross margin analysis, benefit cost ratio, ordinary regression analysis, and likert-type scale. To measure the market concentration: Gini coefficient and concentration ratio (CR4) were used to determine the market structure. The gini coefficient of 85.6% indicated that that there is inequality or high level of seller concentration at this level, a concentration of 47.7% which indicates a weak oligopolistic nature of the market. The performance of the market was efficient and profitable. A marketing margin of ₦4,902,877.0k/month and a marketing efficiency of 114% were obtained by the marketers. The transaction costs affecting the efficiency of the traders were the costs of storage, loading, transportation, and market levy. The three major problems of the traders were price fluctuation, high transportation cost, and lack of credit. Hence, the study suggests that there should be a provision of credit facilities and loans, intervention of government agencies and market association in stabilization of price, and reduction of tariffs and embargo.