ABSTRACT
The study
examined the marketing performance of palm oil marketing in Obingwa Local
Government Area of Abia State, Nigeria. A total of eighty (80) palm oil sellers
were randomly selected from a purposively selected five major markets for the
study. The data for the study were collected with the aid of a questionnaires.
Statistical tools such as simple descriptive statistics (table, mean,
frequency, and percentages). Marketing margin, were used. The study indicates
that female form the greater proportion of palm oil sellers in the study area
(62.5%). From the findings the palm oil market was highly integrated. A gross
margin of N568000.00 per 20,000 liters of palm oil was recorded. Thus, the
business was profitable. Furthennore, the market showed a low marketing
efficiency of 18.73 percent, this is due to high marketing cost associated with
palm oil marketing. It is therefore recommended that policy that improves rural
infrastructure and marketing incentives be. encourage by government to reduce
the costs associated with the business. It was also recommended that financial
institutions should be strengthened by government to give loan to mitigate the
problem of inadequate capital and price stabilization policy to bring about
good market performance
NW, N (2022). Marketing Performance Of Palm Oil In Obingwa Local Government Area Abia State, Nigeria. Mouau.afribary.org: Retrieved Nov 23, 2024, from https://repository.mouau.edu.ng/work/view/marketing-performance-of-palm-oil-in-obingwa-local-government-area-abia-state-nigeria-7-2
NNAMDI, NW. "Marketing Performance Of Palm Oil In Obingwa Local Government Area Abia State, Nigeria" Mouau.afribary.org. Mouau.afribary.org, 03 Nov. 2022, https://repository.mouau.edu.ng/work/view/marketing-performance-of-palm-oil-in-obingwa-local-government-area-abia-state-nigeria-7-2. Accessed 23 Nov. 2024.
NNAMDI, NW. "Marketing Performance Of Palm Oil In Obingwa Local Government Area Abia State, Nigeria". Mouau.afribary.org, Mouau.afribary.org, 03 Nov. 2022. Web. 23 Nov. 2024. < https://repository.mouau.edu.ng/work/view/marketing-performance-of-palm-oil-in-obingwa-local-government-area-abia-state-nigeria-7-2 >.
NNAMDI, NW. "Marketing Performance Of Palm Oil In Obingwa Local Government Area Abia State, Nigeria" Mouau.afribary.org (2022). Accessed 23 Nov. 2024. https://repository.mouau.edu.ng/work/view/marketing-performance-of-palm-oil-in-obingwa-local-government-area-abia-state-nigeria-7-2