• editor@ijmra.in
  • ISSN[Online] : 2643-9875  ||  ISSN[Print] : 2643-9840

VOlUME 01 ISSUE 01 NOVEMBER 2018

Palm Oil Marketing As Veritable Enterprise for Poverty Reduction and Women Empowerment in South South States of Nigeria
1Ayawari D.T., 2Nwankwo N.T.O., 3Ugwumba C.O.A., 4Ugbaja M.O.
1,2,3,3Department of Agricultural Economics and Extension, Chukwuemeka Odumegwu Ojukwu University,Igbariam Campus, P.M.B. 6059, Awka Main Post Office, Anambra State, Nigeria
Google Scholar Download Pdf
ABSTRACT

The status of gender mainstreaming, profitability, determinants of profit, market structure, marketing efficiency and constraints to palm oil marketing by the intermediaries in the South-South states of Nigeria informed this study. Multistage and random sampling methods were used to select 200 marketers (50 wholesalers and 150 retailers) who were issued structured questionnaires to obtain primary data. Descriptive statistics, budgetary technique, Sherpherd-Futrell and multiple regression methods were used to analyze the data. Results indicated female dominance (84%) at the retail level and male dominance (62%) at the wholesale level while 76.6% of the respondents funded the business from personal savings. Gini coefficient indices of 0.341, 0.256 and 0.214 for producers/suppliers, wholesalers and retailers respectively reflected evidence of a fairly competitive market. Lowest monthly mean wholesale and retail marketing margins of N2,500 and N1,800 per 20litre jerry-can respectively were common in the markets. Marketing efficiency levels of 50.5% and 70.7% were attained by the wholesalers and retailers respectively. Net marketing income, return on investment, net return on investment and gross ratio of N6,216,100 and N4,109,400; 1.98 and1.42; 0.98 and 0.41; 0.51 and 0.71 for wholesalers and retailers respectively proved the business profitable at both levels. Type of intermediary, marketing cost and price of product statistically and significantly influenced net marketing income earned by the respondents while age, gender, marital status, household size, and marketing experience were not significant. Palm oil marketing in the area was majorly constrained by high cost of transportation, inadequate capital and poor sales for wholesalers; lack of access to capital, poor sales and high cost of transportation for retailers. Government and other development agencies should build new model markets, rebuild/expand old markets, and provide good road network so as to reduce cost of marketing, hence improve marketing efficiency and profit. The palm oil marketers especially women should form cooperatives in order to access cheap credit facilities, enjoy other benefits of cooperation and empower themselves.

KEY-WORDS

Palm oil; Profitability; Women empowerment; South south; Nigeria

REFERENCES

1. Ada-Okungbowa, C. I., Oghorodi, O. & Omofonmwan, E. I. (2013). Profitability of palm oil marketing in Ethiope East Local Government Area of Delta State, Nigeria.Journal ofApplied Science and Agriculture, 8(4), 342-345.

2. Adakaren, B. & Orewa, S. I. (2009).Socioeconomic analysis of palm oil marketers in Edo state, Nigeria.African Journal of Agricultural Research and Development, 2(1), 1-4.

3. Adakaren, B., Ahmadu, J. & Chidebelu, S. A. N. D. (2012). Marketing margin and spatial pricing efficiency of palm oil in Edo State, Nigeria: Implication for food security. In Aniebo, A.O and Ugwumba, C.O.A. (Ed). Environmental Concerns and Agricultural Productivity: Addressing the Challenges of Food Security. Proceedings of International Agricultural conference, Anambra State University, Igbariam campus, Anambra State, Nigeria( pp. 191- 198).

4. Adeleye, A. S. (2011). Marketing principles and practice (revised edition). Lagos, Nigeria: Pumark Nigeria ltd.

5. Agwu, N. M. & Ibeabuchi, J. O. (2011) Socio-economic analysis of wholesale rice marketers in Abia State, Nigeria. International Journal of Social Science and Humanity, 1(4).45 - 49.

6. Ahmed, S.A. (2001). Agriculture and food security in Nigeria. Paper presented for a forum with Mr. President on agricultural and food security council chambers, Presidential villa, Abuja.

7. Akangbe, J. A., Adesiji, G. B., Fakayode, S. B., & Aderibigbe, Y. O. (2011). Towards palm oilself-sufficiency in Nigeria: Constraints and Training needs Nexus of Palm oil extractors, Journal of Human Ecology, 33(2),139-145.

8. American Marketing Association (AMA).(2013). Definition of marketing.Retrieved from: https://www.ama.org/AMA/Pages/Definiti on-of -marketing.aspx.

9. Asifo, S. (2010). Factors affecting consumer behaviour. Retrieved from: ezinearticles.com/? Factors-Affecting- Comsumer-Behaviour&id=4602848

10. Asogwa, B. C. & Okwuche, V. A. (2012). Marketing of Agricultural produce among rural farm households in Nigeria: The case of sorghum marketing in Benue State. International Journal of Business and Social Science, 3(13).269-277.

11. Belch, G. E. & Belch, M. E. (2004). Advertising promotion, An integrated marketingcommunications perspective, (6th ed.), MacGraw Hill Irwin, Boston.

12. Carrere, R. (2013). Oil Palm in Africa: past present and future scenarios. World rain forest Movement.Series on tree plantations, no. 15.Retrieved from http://www.org.uy/wp content/uploads/2014/08/oil-palm-inafrica. on 1/07/2015.

13. Cramer, G. L. W., Jensen, C. W., & Southgate, D. D. (Jnr) (2001). Agricultural Economics and agribusiness (8thed.). New York; John Wiley and Sons, Inc.

14. Ebe, F. E. (2007). Economic study of fuel wood marketing and consumption in Enugu State, Nigeria, PhD. Dissertation, University of Nigeria, Nsukka, Nigeria.

15. Edoumiekumo, S. G., Karimo, T. M. & Tombofa, S. S. (2014). Determinants of households‟ income poverty in the South- South geopolitical zone of Nigeria. Journal of Studies inSocial Sciences, 9(1),101-115.

16. Ekine, D. I., Onu, M. E., &Unaeze, H. C. (2006).Marketing of palm oil in Ikwerre and Etche Local Government Areas of Rivers State, Nigeria.Journal of Agriculture and Social Research (JASR), 6(1),48-55.

17. Foundation for Partnership Initiatives in the Niger Delta (PIND) (2012).A scoping study on the Palm oil value chain in Rivers and Imo states in Nigeria. Retrieved from: http://ndpifoundation.org/images/researchr eports/reports/PIND on 2/7/2015.

18. Hoyer, W. D. & Maclnnis, D. J. (2001). Consumer behaviour (2nd edition), Boston, USA: Houghton Mifflin company.

19. Ibitoye, S. J. (2014). Economic analysis of Palm oil marketing in Dekina Local Government Area ofKogi State, Nigeria. Asian Journal of Social Sciences, Arts and Humanities, 2(1). 1 – 19.

20. Koutsoyiannis, A. (1977). Theory of econometrics (2nd edition). Special EPA book services Edition. Palgrave Macmillan.

21. Mathew, O. (2009). Edible Oil Today Section of Manufacturer Association of Nigeria: Nigeria Palm Oil Today and Future Outlook. Paper presented at Nigerian Institute for Oil Palm Research Workshop.

22. National Bureau of Statistics (N.B.S.) (2014). Nigeria Gross Domestic Product Report: Quarter three, 2014. Abuja, Nigeria: N.B.S. Publication.

23. National Population Commission (N.P.C) (2006). Nigeria population census figures, 2006. Abuja, Nigeria: N.P.C. Publication.

24. Nenna, M. G. & Ugwumba, C. O. A. (2012). Influence of socio-economic variables on palm oil production in Delta Central Agricultural Zone of Delta State, Nigeria. In Aniebo, A.O and Ugwumba, C.O.A. (Ed). Environmental Concerns and Agricultural Productivity: Addressing the Challenges of Food Security. Proceedings of International Agricultural conference, Anambra State University, Igbariam campus, Anambra State, Nigeria.(pp.176- 183).

25. Nkasiobi, S. O. (2013). Technical and economic efficiency of palm oil marketing in the Niger Delta Region of Southern Nigeria.Current research Journal of economic theory, 5(3), 38-43.

26. Nnabuife, E. C., Ugwumba, C. O. A. & Uzuegbunem, C. O. (2012). Smoke-dried fish marketing and consumption in Awka- South Local Government Area of Anambra State, Nigeria. In Chiegboka, A.B.C, Okudo, A.I, Umezinwa, E.C and Umeanolue, I.L. (Eds.). A bountiful harvest, Festschrift in honour of very Rev. MSGR. Prof. J.P.C Nzomiwu (pp. 444- 451).

27. Nwauwa, L. O. E. (2011). Economics of palm oil storage and marketing in Imo state, Nigeria. African Journal of Marketing Management.3(10).253-260.

28. Nwauwa, L. O. E. (2012). Palm oil marketing and distribution pattern in Imo State, Nigeria: An application of linear programming model. E3 Journal ofAgricultural Research andDevelopment, 2(1), 37 – 43.

29. Nwawwe, C. N., &Edokpayi, A. A. (2005). Determinations of adoption of improved oil palm production technologies in Delta State, Nigeria. Journal of Agricultural Forestry andSocial Sciences, 3(2), 10-16.

30. Obasi, I. O., Igwe, K. C. & Ogbonna, C. E. (2014).Economics of palm oil marketing in Bende local Government Area of Abia State, Nigeria.Advance Journal of Agricultural Research, 2(007), 194-108.

31. Obasi, I. O. & Kalu, M. (2015).Profitability and efficiency of palm oil marketing in Arochukw Local Government Area of Abia State, Nigeria.Research Journal of Agriculture and Environmental Management, 4(9), 438-444.

32. Ojo, A. O., Ojo, M. A. & Usman, K. I. (2014).Structure and performance of palm oil marketing in Kogi State, Nigeria.Production Agriculture and Technology (PAT), 10(2), 22-31.

33. Okoh, R. N., Ugwumba, C. O. A. & Elue, H. O. (2008). Gender roles in foodstuff marketing in Delta-North agricultural zone; The case of rice . In Ume, J.C, Obinne C.P. and Lawal, W. (eds.), Prospects and challenges of adding value to agricultural products: Proceedings of the 22nd annual National conference of farm management association of Nigeria (FAMAN), Markudi, Nigeria, 114-123.

34. Olagunju, F. L. (2008). Economics of palm oil processing in South West Nigeria. International Journal of Agricultural Economics & Rural development, 1(2), 69-77.

35. Oluwafemi, R. A. (2009). Livestock production integration in agroforestry: An under-utilized sustainable poverty alleviation and land use strategy. Kenya. 2nd world congress of agroforestry. Kenya.

36. Oluwafemi, R. A.; Fasakin K.; Adekola, A. G.; Olatidoye, O. P.; Obi, T. E.; Ozor, P. L. and Irumundomoh, H (2010). The impact of agricultural credit on Livestock production and owner‟s livelihood: The case of Livestock farmers in Ovia North east. L.G.A of Edo State, Nigeria. International Journal of Business and Common Market Study;6(2):34-45

37. Oluwatayo, I. B., Awoyemi, T. T. & Sekumade, A. B. (2002).Economics of palm oil marketing in Ibadan north Local Government Area of Oyo State, Nigeria.Retrieved from http://Ajol.info/index.php/joten/index.on 01/07/2015.

38. Omoti, U. (2001). The future of the oil palm industry in Africa and strategies for development.The Nigerian situation.Paper prepared for the African Development Bank (ADB) Workshop on the future of oil palm industry in Africa and strategies for development Cote D‟ Voire.

39. Peacock, C. (2005). Africa commission report, Africa farming.Retrieved from http://www.farmafrica.org.uk. 32.

40. Pelton, L. E., Strutton, D. & Lumpkin, J. R. (2014). Marketing channels: A relationship management approach. Retrieved from https://www.ebsglobal.net/EBS/media/EB S/PDFs/marketing-channels-Course- Taster.pdf.

41. Peter, J. P. & Donnelly, J. (2007).Marketing management (8th edition). N.Y, America: McGraw- Hill/Irwin.

42. Udoh, O. S. & Essien, B. S. (2015). Palm oil processing and marketing and sustainable livelihood in rural communities of AkwaIbom State, South- South Nigeria. Journal of Business andmanagement, 17(10), 43-50.

43. Ugwumba, C. O. A. (2010). Allocative efficiency production inputs in Owerri West Local Government Area of Imo State, Nigeria. Journal of Agricultural Science, 1(2), 95-100.

44. Ugwumba, C. O. A. & Okoh, R. N. (2010). Price spread and determinants of catfish marketing income in Anambra State, Nigeria. Journal of Agriculture and Social Sciences (JASS), 6, 73-78.

45. Ugwumba, C. O. A. (2011). Technical efficiency and profitability of cat fish production in Anambra State, Nigeria. Ph.D dissertation, Delta State University, Abraka.

46. Ugwumba, C. O. A., Okoh, R. N., & Uzuegbunam, C. O. (2011). Market structure of live-catfish in Anambra State, Nigeria. Journal of Agriculture and Social Sciences. Friends Science Publishers, 7, 25-29.

47. Ugwumba, C. O. A., Orji, E. C., & Wilcox, G. I. (2012).Red Sokoto goat marketing in Enugu Metropolis of Enugu State, Nigeria .International Journal of Applied Research and Technology, 1(8), 71-77.

48. Ugwumba, C. O. A., Obiekwe, J. N., & Ozor, M.U. (2016). Marketing of African giant snail (Achatina achatina) in Anambra State, Nigeria. Journal of Dental and Medical Sciences, 15(6), 57-66.

VOlUME 01 ISSUE 01 NOVEMBER 2018

Our Services and Policies

Authors should prepare their manuscripts according to the instructions given in the authors' guidelines. Manuscripts which do not conform to the format and style of the Journal may be returned to the authors for revision or rejected.

The Journal reserves the right to make any further formal changes and language corrections necessary in a manuscript accepted for publication so that it conforms to the formatting requirements of the Journal.

International Journal of Multidisciplinary Research and Analysis will publish 12 monthly online issues per year,IJMRA publishes articles as soon as the final copy-edited version is approved. IJMRA publishes articles and review papers of all subjects area.

Open access is a mechanism by which research outputs are distributed online, Hybrid open access journals, contain a mixture of open access articles and closed access articles.

International Journal of Multidisciplinary Research and Analysis initiate a call for research paper for Volume 07 Issue 12 (December 2024).

PUBLICATION DATES:
1) Last Date of Submission : 26 December 2024 .
2) Article published within a week.
3) Submit Article : editor@ijmra.in or Online

Why with us

International Journal of Multidisciplinary Research and Analysis is better then other journals because:-
1 : IJMRA only accepts original and high quality research and technical papers.
2 : Paper will publish immediately in current issue after registration.
3 : Authors can download their full papers at any time with digital certificate.

The Editors reserve the right to reject papers without sending them out for review.

Authors should prepare their manuscripts according to the instructions given in the authors' guidelines. Manuscripts which do not conform to the format and style of the Journal may be returned to the authors for revision or rejected. The Journal reserves the right to make any further formal changes and language corrections necessary in a manuscript accepted for publication so that it conforms to the formatting requirements of the Journal.

Indexed In
Avatar Avatar Avatar Avatar Avatar Avatar Avatar Avatar Avatar Avatar Avatar Avatar Avatar Avatar Avatar Avatar Avatar Avatar Avatar Avatar Avatar Avatar Avatar Avatar Avatar Avatar Avatar Avatar Avatar Avatar Avatar Avatar Avatar Avatar Avatar Avatar