Economic Analysis of Floricultural Plants Production in Kwara State, North Central Nigeria

Type Journal Article - Asian Journal of Agriculture and Rural Development
Title Economic Analysis of Floricultural Plants Production in Kwara State, North Central Nigeria
Author(s)
Volume 2
Issue 3
Publication (Day/Month/Year) 2012
Page numbers 373-380
URL http://www.pakinsight.com/pdf-files/8-98-AJARD-373-380.pdf
Abstract
In spite of the substantial contribution of floriculture to the
Nigerian economy, there is still a low level of awareness on the
potential of the horticultural subsector of the Nigerian
agricultural sector to generate employment and reduce poverty.
This study therefore carried out an assessment of the
economics of floricultural plants production in Kwara State,
Nigeria. The study specifically estimated the returns to
farmer’s labour and management. It also assessed the
determinants of returns to floricultural plant production in the
state. Data used for the study were collected from the forty one
registered floricultural plant producers in the study area using
structured questionnaire. The farm budget and regression
analyses were used for data analyses. The study revealed that
returns to farmer’s labour and management was N174,
974.7/ha on the average. Use of manure, labour, farm size,
experience, educational level and age of the farmer were found
to have significant influence on farmer’s revenue. Inadequate
capital to expand the scale of production was identified as the
major constraints to floricultural plant production in the study
area. The study therefore recommends that farmers be
supported by making credit facilities available to them and that
people be enlightened on the profitability potential of the
enterprise.

Related studies

»
»