Inegbedion, Henry and Inegbedion, Emmanuel Edo and Obadiaru, E.D. and Asaleye, Abiola John and Ayeni, Adebanji and Aremu, C. O. (2020) Cassava attractiveness in Nigeria: a policy improvement approach. Journal of Agribusiness in Developing and Emerging Economies. ISSN 2044-0839
Full text not available from this repository.Abstract
Purpose The study examined policy improvement and cassava attractiveness. The purpose was to determine the optimum rewards using three strategies: selling of farm produce to harvesters, making wholesale of harvested outputs and retailing harvested outputs. Design/methodology/approach Three hundred and sixty (360) cassava farmers were surveyed in three local government areas in Edo South senatorial district of Nigeria. From their responses, probabilities were assigned to rewards for each strategy from each of the locations. Subsequently, dynamic programming was employed in data analysis. Specifically, Howard policy improvement technique was used to forecast expected rewards to cassava farmers in the three local government areas using the three strategies. Findings Cassava farmers in Edo South senatorial district of Edo state, Nigeria, can maximize their earnings from cassava by retailing at the local markets in Oredo and Egor local government areas and by making wholesales at Ikpoba Okha local government area. Using this policy, they will realize approximately N2360 per basin and approximately N33040 per plot of 100 × 100 ft. This will translate to N143724 per acre (4.35 plots of 100 ft2). Research limitations/implications Availability of storage facilities as well as technical constraints to cassava production. Social implications Provision of jobs to the unemployed, thereby reducing the level of unemployment in the country. Originality/value Suggestion of the sales strategy that will yield optimum returns to cassava farmers, using policy iteration technique, and the projected estimates of the likely turnover when the strategy is adopted. This is a point of departure from previous studies. Thus, the study used operations research methodology to model solutions, through involvement in agriculture, to Nigeria's economic/financial problems, thus making it unique. In broad terms the study demonstrates that investment in agriculture will help to reduce unemployment and enhance the country's national income.
| Item Type: | Article |
|---|---|
| Subjects: | H Social Sciences > HF Commerce S Agriculture > S Agriculture (General) |
| Depositing User: | Mr DIGITAL CONTENT CREATOR LMU |
| Date Deposited: | 21 May 2020 13:54 |
| Last Modified: | 21 May 2020 13:54 |
| URI: | https://eprints.lmu.edu.ng/id/eprint/2789 |
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