|International Research Journal of Plant Science (ISSN: 2141-5447) Vol. 6(1) pp. 1-6, June, 2015. DOI: http:/dx.doi.org/10.14303/irjps.2012.079. Copyright © 2015 International Research Journals
Full Length Research Paper
Economics analysis of sugarcane (saccharum officinarum) production in Moro Local Government Area of Kwara State, Nigeria
*Aina O.S.1*, Ajijola S.2, Ibrahim I.1, Musa I.A.3 and Bappah T. M.3
1Department of Horticultural Technology, Federal College of Horticulture, Dadin-kowa, PMB 108, Gombe State, Nigeria
2Institutes of Agricultural Research and Training, Ibadan, Nigeria
3Department of Agricultural Technology, Federal College of Horticulture, Dadin-kowa, PMB 108, Gombe State, Nigeria
*Corresponding Author’s E-mail: email@example.com
Received November 23, 2012; Accepted February 18, 2015
The study examined the profitability and factors influencing Sugarcane Production among the farmers in Moro Local Government Area of Kwara State. A total of 80 sugarcane farmers were randomly selected. The questionnaires were administered to collect data between 2010 and 2011. The data were analyzed using descriptive statistics, farm budget and multiple regression functions. The results revealed that majority of the farmers were male (65%). The dominant age group of the respondents was 31 – 40 years (70%) and 75% of the farmers had more than 10 years of farming experience. The sugarcane production in the study area was profitable as the farmers realized an average net farm income of ₦27,100.21/ha with a return of ₦1.88 per every naira invested. The most important determinants of sugarcane production in the study area were farm size and sugarcane sett, which were significant (P < 0.05 and P < 0.01) respectively. It is recommended that credit facilities should be provided to the farmers for increase productivity through an effective system where farmers will be linked with service providers such as financial institutions, insurance companies, as well as other private community money lenders.
Keywords: Economics, Sugarcane, Production, Nigeria.