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ISSN : 2456-8643

Title:
PERFORMANCE EVALUATION OF PLANTAIN AND BANANAS MARKETING IN ONDO STATE, NIGERIA

Authors:
Olanrewaju Peter Oladoyin , Olakunle David Eniafe , Julius Olumide Ilesanmi and Tolulope Seun Olubunmi-Ajayi, Nigeria.

Abstract:
The study evaluates the performance of plantain and banana marketing in Ondo State, Nigeria, with a focus on distribution channels, market performance, and challenges. The research employed a well-structured questionnaire for the collected cross-sectional data. A multistage sampling technique was used to randomly select 120 respondents while analytical tools such as descriptive statistics, regression analysis, marketing margin, and return on investment (ROI) techniques were employed. Findings revealed that 84.2% of the respondents were female, with 45.8% aged between 36-45 years, 70% married, and 42.5% had secondary education. The study highlighted the pivotal role of market channels involving farmers, wholesalers, retailers, and consumers in ensuring marketing efficiency. The marketing margin for bananas and plantains was 0.67 and 0.74, respectively. An ROI of 3.06 for bananas and 3.91 for plantains was observed, indicating significant profitability. Banana marketers averaged an annual profit of N215,500, while plantain marketers earned N270,000. The regression results showed that age, experience, cost of purchase and labour are the main determinants of plantain performance while experience and education are for banana marketing in the area. Key constraints included limited credit access and high transportation costs. To enhance the sector, the study recommends collaboration among government agencies, research institutions, and the private sector to improve credit availability and support for marketers.

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