Socio-Economic Benefits of Oil Palm Value Chain Enterprises in Rural Areas of Kogi State. Nigeria

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Date

2016

Journal Title

Journal ISSN

Volume Title

Publisher

Production Agriculture and Technology Journal

Abstract

Agriculture experts have expressed concern about oil palm potential in improving the socio-economic welfare of entrepreneurs in its value chain hence, this study focused on the rural areas of Kogi State, Nigeria. Multistage sampling technique was used to obtain primary data from 237 respondents in three local government areas across the State using structured questionnaire. Descriptive and inferential statistics were employed for data analysis. Mean age of respondents was 43 years. 83.5% were married, and the mean household size was 7 people. Producers had the highest benefits in the area of ability to participate in cooperative contribution. Processors had the highest benefits in the area of saving money in banks and payment of health care charges while Marketers had the highest benefits in the area of ability to buy petrol for generator. Lack of improved varieties of seeds, high cost of milling machine and poor market price were the major constraints faced by the producers, processors and marketers respectively. Results of the inferential analysis revealed a significant positive relationship between household size and benefits from oil palm value chain enterprises (r = 0.277 at P<0.05). It was therefore concluded that there are lots of social and economic benefits in oil palm production, processing and marketing enterprises in the study areas. It is recommended that agricultural extension organizations should organize programmes that will educate and train oil palm farmers on the cultivation of improved seed and government should assist oil palm processors for easy access to milling machines at affordable price.

Description

Keywords

Oil palm, Enterprises, Socio-economic Benefits, Constraints, Value chain.

Citation

6. Adesiji, G.B., Komolafe, S.E., Kayode, A.O. & Paul, A.B. (2016): Socio-Economic Benefits of Oil Palm Value Chain Enterprises in Rural Areas of Kogi State. Nigeria. Production Agriculture and Technology Journal 12 (1);36-47.

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