Evaluation Of Risk Management Practices By Garri Producers In Bende Local Government Area Of Abia State, Nigeria:- Azubuike, Ifeanyichukwu
ABSTRACT
The study evaluated risk management practices
among garri producers in Bende Local Government area of Abia state, Nigeria.
Data for the study were collected through random sampling technique from 120
farmers. The data were analyzed using descriptive and Tobit regression analysis
procedures. The result from Tobit regression estimate indicates that soil
fertility, erosion, unconstructed road network to urban market, high cost of
transportation and high input price were the determinants of risk in the study
area. The major management practices adopted by garri producers include the use
of improved cassava stem, shifting cultivation and sequential marketing. The
coefficients for fertility and unconstructed road networks were positively
signed and significant at 5% level of probability as well as high cost of
transportation and high input price which were highly significant at 1% level.
The coefficient for low accessibility of credit was negative and significant at
5% level of probability. The coefficient for erosion was positively signed at
10% level of probability. Adjudging from the findings of the study, efforts
should be geared towards the provision of improved cassava stem and fertilizer
by the government at a subsidies price to help improve garri productivity and
low soil fertility. Agencies and institutions of agriculture should be
monitored and assessed on quarterly basis to ensure the perform their primary
responsibilities of soft loan provision to farmers (garri producers inclusive)
without prejudice especially in rural areas.
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AZUBUIKE, I (2023). Evaluation Of Risk Management Practices By Garri Producers In Bende Local Government Area Of Abia State, Nigeria:- Azubuike, Ifeanyichukwu. Mouau.afribary.org: Retrieved Nov 17, 2024, from https://repository.mouau.edu.ng/work/view/evaluation-of-risk-management-practices-by-garri-producers-in-bende-local-government-area-of-abia-state-nigeria-azubuike-ifeanyichukwu-7-2
IFEANYICHUKWU, AZUBUIKE. "Evaluation Of Risk Management Practices By Garri Producers In Bende Local Government Area Of Abia State, Nigeria:- Azubuike, Ifeanyichukwu" Mouau.afribary.org. Mouau.afribary.org, 20 Dec. 2023, https://repository.mouau.edu.ng/work/view/evaluation-of-risk-management-practices-by-garri-producers-in-bende-local-government-area-of-abia-state-nigeria-azubuike-ifeanyichukwu-7-2. Accessed 17 Nov. 2024.
IFEANYICHUKWU, AZUBUIKE. "Evaluation Of Risk Management Practices By Garri Producers In Bende Local Government Area Of Abia State, Nigeria:- Azubuike, Ifeanyichukwu". Mouau.afribary.org, Mouau.afribary.org, 20 Dec. 2023. Web. 17 Nov. 2024. < https://repository.mouau.edu.ng/work/view/evaluation-of-risk-management-practices-by-garri-producers-in-bende-local-government-area-of-abia-state-nigeria-azubuike-ifeanyichukwu-7-2 >.
IFEANYICHUKWU, AZUBUIKE. "Evaluation Of Risk Management Practices By Garri Producers In Bende Local Government Area Of Abia State, Nigeria:- Azubuike, Ifeanyichukwu" Mouau.afribary.org (2023). Accessed 17 Nov. 2024. https://repository.mouau.edu.ng/work/view/evaluation-of-risk-management-practices-by-garri-producers-in-bende-local-government-area-of-abia-state-nigeria-azubuike-ifeanyichukwu-7-2