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Analysis of Cassava Farmers’ Revenue Who were Innovation Participants in Ogun State, Nigeria: 2016-2018

R. O. Sanusi, B. O. Ajibola, E. I. Isegbe, R. M. Adebayo, M. B. Abubakar, O. O. Oke, D. Lordbanjou, M. Lawal and A. S. Adeoye
Additional contact information
R. O. Sanusi: Department of Agricultural Extension and Rural Development, College of Agricultural Management and Rural Development Federal University of Agriculture, Abeokuta, Ogun State
B. O. Ajibola: Federal University of Technology Minna, Nigeria
E. I. Isegbe: Federal College of Animal Health and Production Technology Ibadan, Nigeria
R. M. Adebayo: Federal College of Education Abeokuta, Nigeria
M. B. Abubakar: National Cereals Research Institute Badeggi, Nigeria
O. O. Oke: Federal College of Forestry Ibadan, Nigeria
D. Lordbanjou: Federal Ministry of Agriculture and Rural Development Abuja, Nigeria
M. Lawal: FGN/IFAD Value Chain development programme Minna, Nigeria
A. S. Adeoye: Federal College of Forestry Ibadan, Nigeria

Journal of Agriculture and Crops, 2021, vol. 7, issue 4, 126-131

Abstract: The net revenue from an activity is obtained by subtracting the cash expenses incurred in production from the gross revenue. Gross revenue is the sum of all receipts from the sale of a crop. This study was carried out in Ogun State, Nigeria (latitude 7o 00?N and longitude 3o 35?E) to analyse the revenue of cassava farmers who were involved in improved practices. The simple Random Sampling technique was adopted in the selection of 336 farmers from the study area. Data were analysed using frequency counts, percentages, budgetary technique as well as Chow test. Results showed that there was a steady increase in the revenue until it reached the peak. Thereafter, it fell below the zero lines into the negative. Also, all (100.0%) of the participants had formal education and belonged to a farmers’ association. The average farm size was 1.64 hectares. The study, therefore, recommends regulation of cassava price so that it will not fall below a certain fixed point. It also recommends the government purchase of excess cassava output directly from farmers in order to avoid a market glut. Finally, value addition should be promoted to boost income derivable from cassava sales.

Keywords: Revenue; Production; Sales; Participants; Association. (search for similar items in EconPapers)
Date: 2021
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Persistent link: https://EconPapers.repec.org/RePEc:arp:jacarp:2021:p:126-131

DOI: 10.32861/jac.74.126.131

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Journal of Agriculture and Crops is currently edited by Dr. Michael Adegboye

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