Comparative Analysis of the Trend in Production, Export and Credit Facility of Natural Rubber and Cocoa in Nigeria

E. 0 Abolagba, R. A. Alabi and B.N. Agbonkpolor

No 329348, 2007 Annual NAAE Conference, November 5-8, Bauchi, Nigeria from Nigerian Association of Agricultural Economists

Abstract: The study analyzed the trend in production, export and credit facility for cocoa and natural rubber in Nigeria. Secondary data of 24 years old were obtained. The data were however analyzed using descriptive statistics to explain the trend in production, exp01t and credit facility. Data showed increasingly and decreasingly fluctuating pattern for Cocoa and natural rubber, respectively.· This may be attributed to Government Policies such as the Structural Adjustment Programme and the Presidential Initiatives on cocoa and natural rubber; low market price and low output. Effort to boost Nigeria's cocoa and rubber production with consequent increase in export will need to incorporate sustainability in policy implementation, control indiscriminate felling of productive rubber trees and rehabilitating old plantations.

Keywords: Production Economics; Productivity Analysis (search for similar items in EconPapers)
Pages: 7
Date: 2007
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Persistent link: https://EconPapers.repec.org/RePEc:ags:naae07:329348

DOI: 10.22004/ag.econ.329348

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