| Title: | Analysis Of Cost And Returns Of Plantain Production In Tai Local Government Area, Rivers State, Nigeria |
| Author(s): | Confidence Chinyere Amadi-Robert, Orokwu Chukuigwe, King Sunday Agbagwa & Etuk Victoria Uwem |
| Abstract: | The study analyzed costs and returns of plantain production in Tai Local Government Area of Rivers State, Nigeria. Objectively, the study described the socio-economic characteristics of plantain producers, estimated the costs and returns of plantain production, and identified the constraints associated with plantain production in the study area. Using survey research design, copies of structured questionnaire were administered to 90 farmers by simple random sampling technique and the emanating data were analyzed with the use of descriptive statistics, mean score (likert scale), and gross margin. On socioeconomic characteristics, the result showed that 55.6% of the plantain farmers were male against 44.4% whom were female. Also 54% of them were between the ages of 31-35 years and 17.8% were between the ages of 44-56 years. On education status, 40% of the farmers had Secondary education, 34% of them had Primary education, while 25.6% of them had tertiary education. Gross margin analysis showed that, the annual variable cost of plantain production was N2,133,056 which accounted for a gross margin of N309,167.00. In addition, the estimated average annual profit of the plantain farmers stood at N2,075,577, an indication of the profitability of plantain production. Result on the constraints associated with plantain production showed that lack of storage facility and theft were the major constraints identified having a respective mean score of 3.61 and 3.17. The study recommended that Government and civil society should work to enhance security in rural areas to curb the incidence of theft of agricultural produce. |
| Keywords: | Plantain production, Plantain farmers, Costs and returns |
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