ECONOMIC ANALYSIS OF PINEAPPLE PRODUCTION IN ESAN WEST AND OVIA SOUTH LOCAL GOVERNMENT AREAS OF EDO STATE, NIGERIA

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ECONOMIC ANALYSIS OF PINEAPPLE PRODUCTION IN ESAN WEST AND OVIA SOUTH LOCAL GOVERNMENT AREAS OF EDO STATE, NIGERIA

Abstract:

This study analyses farmers‟ overall efficiency in Pineapple production in Edo State, Nigeria. Data were collected through structured questionnaire administered on 175 Pineapple farmers selected using a multi-stage sampling technique and analyzed using descriptive statistics and the stochastic frontier production and cost function models The results showed that 76.0 percent of pineapple farmers in the study area were male and 24.0 percent of them were Female. Budgetary analysis revealed that pineapple farming in the study area was profitable with an average return of N1.27 kobo for every N1 invested. The result of the study also revealed that the technical, allocative and economic efficiencies of the farmers were with a mean of 0.70 percent, 0.68 percent and 0.64 percent respectively, which indicates ample opportunity for the farmers to increase their productivity through improvement in their technical efficiency. Farm size and labour were found to be statistically significant and positively related to output while educational level, marital status, membership of cooperative society, extension contact and farming experience of the respondents negatively influenced farmers‟ technical inefficiency. Inadequate credit facilities (44%), Weather and disease (35%), poor road network and high transportation cost (30%) were the prominent constraints to pineapple production in the study area. The study recommends the need to increase output through more intensive use of land, availability of high yielding Pineapple varieties and the effective and efficient utilization of labour and fertilizer inputs

ECONOMIC ANALYSIS OF PINEAPPLE PRODUCTION IN ESAN WEST AND OVIA SOUTH LOCAL GOVERNMENT AREAS OF EDO STATE, NIGERIA

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