Agricultural Economics

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Author: search.filters.author.Yusuf, S.A.

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    Technical Efficiency of Poultry Egg Production in Ogun State: A Data Envelopment Analysis (DEA) Approach
    (2007) Yusuf, S.A.; Malomo, O.
    The study examines the technical efficiency of poultry egg production in Ogun state using Data Envelopment Analysis (DEA) and OLS regression. The data for the study were collected with the use of well-structured questionnaires from poultry farmers. Average number of birds for small farm size is 301, for medium farm size is 740, while that of large size is 2288. The corresponding net returns were x 589, x 464.46 and x 739.56 per bird per farm respectively. Majority of the farmers are relatively technical efficient in their use of resources, with mean technical efficient being 0.873. Farmers with large farm size are most technical efficient with a mean of 0.8877 followed by medium farm size with a mean of 0.8687 while small farm size has the least mean of 0.8638. The mean input slack for stock, labour and feed are 3.032, 8.942, 0.482 respectively, while the output slack is zero. Years of experience and education have positive effect on technical efficiency at 1 percent while household size negatively affects efficiency at 1 percent. The study concluded that poultry egg production is profitable in the study area and that majority of the farmers are relatively efficient
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    Impact of community driven development project: a case of fadama ii project in oyo state, nigeria
    (2013) Adeoye, A.; Balogun, O.L; Yusuf, S.A.; Ayantoye, K
    This paper evaluates impact of Community Driven Development programme on infrastructure under National Fadama II Project in Oyo State Nigeria. Data were collected from two hundred and sixty-four farmers using multistage sampling procedures. Data were analyzed using descriptive statistics and infrastructure index. The result shows that average infrastructural index in the area was 0.42. Forty-four villages were classified as infrastructural developed villages (IDV) while the remaining were infrastructural under-developed villages (IUV). The study therefore calls for the involvement of both private and public organization in construction and rehabilitation of rural infrastructure, processing services centers and researches on labour saving devices for agriculture in the study area
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    Effect of urban household farming on food security status in ibadan metropolis, oyo state, nigeria
    (2015) Yusuf, S.A.; Balogun, O.L; Falegbe, O.E
    Agriculture is an important tool for reducing the effects of household food insecurity, unemployment and poverty which are major problems in urban areas in Nigeria. Food insecurity continues to worsen in some urban areas of the country and many households resulted into urban farming as a means of coping. The study investigated the effect of urban household farming on food security status in Ibadan metropolis, Oyo State, Nigeria. Primary data was collected for the study using structured questionnaire. Two-stage sampling technique was employed for this study. The first stage involved the random selection of two urban local government areas from Ibadan metropolis. This was followed with the selection of 110 urban farming households from these local government areas. Data were analyzed using descriptive statistics, Foster-Greer-Thorbecke and probit regression. Results showed that sex, years of schooling, marital status, household size, access to extension agent, hired labor and type of farming enterprises are determinants of food security. The study recommends the policies that make extension services accessible to urban farmers and also skills development among others
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    Determinants of Selected Agricultural Export Crops in Nigeria: An Ecm Approach
    (2007) Yusuf, S.A.; Yusuf, W.A
    This study examines the factors that determine the export performance of three major agricultural exportable commodities of cocoa, rubber and palm-kernel in the context of liberalization. Using time series data covering thirty-three years and to avoid spurious result, error correction model was applied in the analysis. The unit root test is in line with the a priori expectation that macroeconomic variables are not stationary at their level. Virtually all the variables tested were differenced once before attaining stationarity. Each of the three equations indicated that the dependent variables cointegrated with their arguments at 1 percent level. There is the existence of short term and long term equilibrium relationships between the dependent variables and their determinants. The results of the parsimonious error correction specifications showed that the previous year’s output and the net value of world trade negatively affect cocoa exports at 1 percent level while the previous year’s GDP positively contributes to cocoa exports at 5 percent. The lagged price ratio reduces rubber exports significantly at 5 percent but the real exchange rate significantly increases the export performance of rubber at 10 percent level. The previous year’s exports of palm kernel and the real GDP contributed positively to palm-kernel exports at 5 percent level while the lagged premium and palm kernel output negatively contributed to its export at 5 percent and 10 percent respectively. Promotion of agricultural exports is essential to reduce the burden of dependence on oil exports
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    Determinants of land management practices among food crop farmers in north central Nigeria
    (2015) Agboola, W.L.; Yusuf, S.A.; Oyekale, A.S.; Salman, K.K.
    The study examines the factors influencing the use of Land Management practices among food crop farmers in North central, Nigeria. In so doing, Data were collected using a multistage sampling technique for the selection of states, local governments, communities/ villages and lastly farming household heads. Out of 400 questionnaire administered, only 345 with useful information were used for the analyses. Factors influencing the use of land management and conservation practices by the farming household head were determined using multinomial logit model. Variables that significantly explain the use across different land management practices at different levels of significance were age of household head, levels of education, household size, value of livestock owned, off farm income, tenancy security, farm size, distance from plot to residence, distance from plot to the nearest market and distance from plot to all weathered road. Findings emanating from this study show that both traditional and modern land management practices coexist with the sampled household head giving multiple responses to their use. Classification under a particular land management practices implies the one that the household head has preference for, the determinants of which are combination of human, physical and financial capitals, others include parcel/ plot level factor as well as institutional factors.
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    Determinants of expected poverty among rural households in Nigeria
    (2008-09) Oni, O.A.; Yusuf, S.A.
    Vulnerability measures are becoming tools for evolving proactive steps to alleviate poverty. Against this backdrop, this study examined the determinants of expected poverty (a measure of vulnerability) among rural households in Nigeria. The data for the study were obtained from the merged General Household Survey (GHS) and the National Consumer Survey (NCS) of 1996. The cross-sectional data were augmented with certain covariate factors. The data were analysed using three-stage feasible generalized least squares (3FGLS). Both idiosyncratic and covariate factors affect the expected log per capita consumption of rural Nigerians. The overall expected poverty for the country at 0.535 is 1.02 times the observed poverty in 1996. Higher expected poverty is correlated with living in the North East, no formal education, farming, older head of household, large household size and male-headed household. The North East region has both lower mean per capital consumption and higher variance compared with other regions of the country. Consumption variance is highest for households whose heads have secondary education, while households whose heads have no formal education have the lowest mean expected consumption. Farming households have lower mean per capita consumption than non-farming households. Male-headed households have both lower mean consumption and higher consumption variance relative to their female-headed counterparts. Further, household heads below age 20 have the lowest mean consumption and the highest consumption variance. Households with more than ten members have very low mean consumption and very high consumption variance. Depending on whether there is low mean consumption or higher consumption variance or both, policy strategies suitable for the different groups will vary from increased mean per capita consumption to consumption smoothening or both.
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    Corporate governance and firm performance: case of selected oil companies in Nigeria
    (2020-04) Ilemobayo, O.O.; Oke, M.A.; Yusuf, S.A.
    Separating ownership from managerial control in publicly traded firms made corporate governance a matter of necessity, due to the possibility of principal agent problem. Mostly, managers protect their own self-interest without regard for shareholders’ returns on investment, this often lead to agency conflict and consequent loss. Previous studies have focused mainly on manufacturing and banking sector, however, paucity of information exists in areas of oil firms over the years. Hence, effect of corporate governance on performance of listed oil companies in Nigeria from 2009 to 2018 were investigated. Secondary data sourced from Nigeria stock exchange covering 2009 to 2018 were used to examine effect of corporate governance on performance of six oil companies in Nigeria. Data collected include; board size, executive directors’ number, non-executive directors’ number, audit committees’ number, net annual income, shareholders’ equity, net profit/margin, assets for the period, while board composition, return on assets and equity were generated. Data collected were analysed using Cross Sessional Random Effects Model (REM) of regression analysis. Unit root test indicated that all variables were stationary at level. Audit committee (0.803277), (4.363851) exhibited a positive relationship with firms’ performance, though insignificant, while board composition (-2.647377)(-2.647377) and board size (-0.546097) (-2.948961) had an inverse relationship, though significant with ROE and ROA. All the variables jointly influence firms’ performance positively with R2(0.587999,0.597182) and adjusted R2 (0.544499,0.584174) value, respectively. Audit committees enhances firms’ performance; all variables jointly improve firms’ performance. Measures should be put in place to increase audit committees independence and the extent to which they disclose corporate governance information