ABSTRACT
The study examined the Economics of
Africa Yam Bean Marketing in Ohafia Abia State, Nigeria. With a view of
describing the social-economic characteristics for the Africa yam Bean, examine
the marketing channels for Africa yam Bean in Abia State and determine the
marketing margin of Africa yam Bean. Determinants of profit of the marketers
were estimates and the problems associated with it's marketing. Data were
collected from 60 respondents from Ohafia Agricultural zone. The age range of 30-39
accounted for the highest percentage of farmers in the study area. The
distribution analysis revealed that the females dominated in the marketing of
Africa yam Bean with a percentage of 85.00, the marital status of the Africa
yam Bean marketers revealed that 30% out of 60 marketers interviewed are
married while 14% are singles. The household size of the marketers is 4-6
person. The educational attainment analysis revealed that a good number of
marketers had their primary education. Processing experience showed that
between 1-10 years accounted for the highest number of processors. The total
cost of African yam Bean in the study area was N300,300 on the average while
the average total revenue was N403,800. This gave a profit of N97,200. The
linear log functional form was chosen as the lend equation. The choice was
informed by the value of its adjusted R2, the relative magnitude of R2, which
is 72.03%. Also the choice of his functional form was also informed by its
F-ratio as well as the fact that the functional form has a high number of
significant co-efficient. Age, education, quantity of African Yam Bean sold,
distance and experience. Recommendations such as to obtain credit facilities at
affordable rates, and marketers should encourage transforming Africa yam Bean
seed into food and also the need of electricity and water should be made
available by the government.
OKPAN, U (2021). Economics Of African Yam Bean (Odudu) Marketing In Abia State, A Case Study Of Ohafia Local Government Area . Mouau.afribary.org: Retrieved Nov 24, 2024, from https://repository.mouau.edu.ng/work/view/economics-of-african-yam-bean-odudu-marketing-in-abia-state-a-case-study-of-ohafia-local-government-area-7-2
UKAEBIE, OKPAN. "Economics Of African Yam Bean (Odudu) Marketing In Abia State, A Case Study Of Ohafia Local Government Area " Mouau.afribary.org. Mouau.afribary.org, 04 Aug. 2021, https://repository.mouau.edu.ng/work/view/economics-of-african-yam-bean-odudu-marketing-in-abia-state-a-case-study-of-ohafia-local-government-area-7-2. Accessed 24 Nov. 2024.
UKAEBIE, OKPAN. "Economics Of African Yam Bean (Odudu) Marketing In Abia State, A Case Study Of Ohafia Local Government Area ". Mouau.afribary.org, Mouau.afribary.org, 04 Aug. 2021. Web. 24 Nov. 2024. < https://repository.mouau.edu.ng/work/view/economics-of-african-yam-bean-odudu-marketing-in-abia-state-a-case-study-of-ohafia-local-government-area-7-2 >.
UKAEBIE, OKPAN. "Economics Of African Yam Bean (Odudu) Marketing In Abia State, A Case Study Of Ohafia Local Government Area " Mouau.afribary.org (2021). Accessed 24 Nov. 2024. https://repository.mouau.edu.ng/work/view/economics-of-african-yam-bean-odudu-marketing-in-abia-state-a-case-study-of-ohafia-local-government-area-7-2