FACULTY OF AGRICULTURE
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Item Rural Land Market and Commercialization Among Crop Farming Households In Southwestern Nigeria(SEAHI PUBLICATIONS, 2018) Alawode, O.O.; Abegunde,O; Abdullahi, A.O.Nigeria is experiencing a gradual shift from subsistence to commercialized agriculture. However, land holding is becoming smaller and unable to sustain commercialization among farmers adequately. This study therefore assessed the potential of land markets to improve the access of crop farming households in southwestern Nigeria to land and the resultant effect on crop commercialization. Data were generated, with the aid of structured questionnaire, from a survey conducted on a sample of 350 crop farming households obtained from a multistage sampling technique. Descriptive statistics, land market index, crop commercialization index and tobit regression model were used for data analysis. Findings show that majority (74%) of the farmers acquired their farm plots through inheritance and was substantiated by a result of land market index of 0, while purchase (48.3%) and rent (48.3%) were the most patronized form of land acquisition through transaction. The crop driving commercialization in the study area is maize, with crop commercialization index of 72%. Results further show that participation in land market had significant positive effect on crop commercialization, with the crop commercialization index for farming households participating in land market expected to be 0.05 higher than that of the farming households which are not participating. It is concluded that crop commercialization increases with participation in land market and therefore, there should be formulation of policies which will give room for flexibility in land redistribution that will make farmers have better access to land.Item Profitability of Small-scale Catfish Production in Southwest Nigeria: The challenges(2020) Alawode, O.O.; Ajagbe, S. O.Challenges, risks and constraints are intrinsic part of any business; fish farming is not an exception. These limit the potential and expected profit of the business. This study analysed the profitability and the challenges limiting the profitability of catfish production in Southwest Nigeria. A 2-stage random sampling procedure was used to select 400 catfish farmers in four randomly selected states in Southwest Nigeria. Structured questionnaire was designed to collect data. Descriptive statistics, Gross margin analysis, Benefit Cost Ratio (BCR) and Expense Structure Ratio (ESR) were used to analyse data. The results show that on the average, size of catfish at harvest was 1.02Kg, production period was 4.37 months, market price was ₦645.45 and the breakeven price was ₦474.43. Also, the total revenue was ₦1,269,961.60, total cost was ₦933,467.98, profit was ₦336,493.62, BCR was 1.36 and ESR was 0.05. Although catfish farming is profitable in Southwest Nigeria, five categories of challenges limiting the profitability of catfish production were identified; profitability, weather, fish diseases and predators, security, and fish marketing challenges. Lack of technical know-how on the part of fish farmers contribute to the severity of business risks and challenges. These challenges have to be thoroughly analysed and adequate plans have to be made to reduce or eliminate their effects on the expected profit and success of the business. Fish farmers should prepare their business plans, analyze the market and evaluate their strengths and opportunities to minimize or eliminate the weaknesses and threats against the success and profitability in catfish business.