An assessment of risk mitigating strategies employed by poultry farmers in Kaduna metropolis of Kaduna state, Nigeria: attitudinal scale approach

Type Journal Article - Journal of Animal Production Research
Title An assessment of risk mitigating strategies employed by poultry farmers in Kaduna metropolis of Kaduna state, Nigeria: attitudinal scale approach
Author(s)
Volume 28
Issue 2
Publication (Day/Month/Year) 2016
Page numbers 261-269
URL http://journals.napri.gov.ng/index.php/japr/article/download/205/219
Abstract
The study focused on the mitigating strategies amongst poultry farmers in Kaduna Metropolis of
Kaduna State, Northern Nigeria. Specifically, the study identified the mitigating strategies used
by poultry farmers in the study area. A multi-stage sampling procedure was used to select 130
farmers. Primary data were collected using structured questionnaire and analysed using
attitudinal scale approach. The result of the farmers risk attitude showed that 70% of them were
categorized among probable risk averse individual. It was also observed that the risks mitigation
strategies employed by the farm households in the study area were preventive medical treatment,
quarantines / building rotation, off-farm income as important source of household income, birds
from safe and known supplier, feed from safe and known source, diversification which
accounted for a coefficient alpha for the 27 statements to 86%. The study established a high
degree of risk aversion as revealed by the adoption of such risk mitigating strategy like water
from safe and known source, no or controlled access to visitors, wash hand before/after handling,
Not allow contact between poultry and wild birds. Hence, there is a strong tendency on the part
of the farmers to mitigate the production risks at farm level by adapting appropriate measures. It
is therefore, recommended that financial institutions should encourage collaboration with the
insurance companies to insure agricultural credit facilities to indirectly insure poultry farms due
to inevitable risk involve in poultry farming business and also government and private
insurance companies should consider developing insurance product for poultry farmers to
patronize and use as shock absorbers against uncertain events.

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