Determinants of Farm Succession Plan Among Cattle Farmers in Kebbi State, Nigeria

S. Ibrahim, D. O. Torimiro, S. Adamu and K. O. Ojo

Nigerian Journal of Rural Sociology, 2020, vol. 20, issue 01

Abstract: The study assessed the determinants of farm succession plan among aged cattle farmers in Kebbi State of Nigeria with a view to establishing the potential of continuity and sustainability of generational cattle rearing for enhancing rural livelihoods. The study described the socioeconomic characteristics of respondents; investigated the cattle rearing activities in which the respondents are involved and their level of involvement; and investigated how respondents plan for succession and determined the factors influencing respondents’ succession plan. A Multistage sampling procedure was employed to select 240 respondents. Analyses were done using descriptive (frequency count, percentages, mean and standard deviation) and inferential statistics, (such as Pearsons’ product moment correlation). The mean age of respondents was 67.1 years with 77 per cent literacy in Arabic and Hausa languages. About 98 per cent indicated that they have already identified a successor for the farm with a succession plan. Many (95%) of the respondents are willing to retire, with low involvement in cattle rearing activities. The mean for succession was 13.96 and 90.8 per cent of the respondents had involved their identified successor into their succession plan process. There was a significant relationship between their flock size (r=0.140), age (r=0.162), experience (r=0.162: p=0.012) and respondents’ succession plan. The major determinants of farm succession plan were; age, income, flock size, household size, level of education, years of experience and favourable attitude towards succession There was a high consideration for succession plan among cattle rearers, and it was recommended that issues of farm succession plan be strategically integrated into cattle rearing policies at all levels of government.

Keywords: Agricultural Finance; Consumer/Household Economics (search for similar items in EconPapers)
Date: 2020
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Persistent link: https://EconPapers.repec.org/RePEc:ags:ngnjrs:347337

DOI: 10.22004/ag.econ.347337

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