Authors:
Akerele, E. O., Oyebanjo O.,Akerele, E. F. and Akomolede L. A. |
Abstract:
This study focused on analysis of asset ownership and non-farm activities among farming
households in Ilaro Agricultural Zone, Ogun State, Nigeria. The data analysis was carried out
with the use of primary and secondary data through the use of structured questionnaire
administered on 80 sampled farmers. The respondents were selected by multistage sampling
techniques. Descriptive analysis was used to analysis the socio- economic characteristics of the
farmers in the study area. Budgetary analysis was also used to estimate the cost and return
structure of the farmers in the study area. Multiple regression analysis was done to determine
the effect of analysis of asset ownership and non- farm activities among farming households.
Also, stochastic frontier production function was used to access the effect of socio economic
factors on non- farm activities. The findings revealed that 33.8% of the farmers had formal
education up to tertiary level and 85% had farming as their main occupation. The budgetary
analysis showed that analysis of asset ownership and non- farm activities was quite profitable in
the study area. The average gross revenue N292,406.45 and the net farm income was
N258,654.71, the stochastic frontier analysis result revealed that some variables such as
educational level, farm experience have negative coefficient and statistically significant , which
implies increase in these variable will decrease the technical inefficient and positive coefficient
variables will increase the technical efficiency of the asset ownership. Based on the finds of this
study, the following recommendations were made: there is need to design a policy to ensure that
farmers have good access to fertilizer through adequate supply and efficient distribution so as to
increase productivities. This could be achieved through the expansion of domestic production
and the development of rural infrastructure, especially rural roads that can facilitate accessibility
at lower cost of the farmer. Also policy attention should also be directed towards providing
labour saving technology to ease farm operation |
