DEPARTMENT OF FOREST RESOURCES MANAGEMENT

Permanent URI for this communityhttps://repository.ui.edu.ng/handle/123456789/457

Browse

Has files: YesSubject: search.filters.subject.Willingness to pay

Search Results

Now showing 1 - 2 of 2
  • Thumbnail Image
    Item
    Willingness of herbal medicine practitioners and herbs vendors to contribute financially to conservation of medicinal plants in Ibadan, Nigeria
    (2014-12) Ajewole, O. I.; Oladele, A. T.; Ogunwale, A. R
    The study evaluated the willingness of Herbal Medicine Practitioners (HMPs) and Herb Vendors (HVs) in Ibadan, Nigeria to contribute financially to medicinal plants conservation projects. Data was collected using structured questionnaires administered on 124 HMPs and 83 HVs randomly selected from fourteen herbal associations and marketers respectively. Results showed that 79.03%of all HMPs were males and 20.97% females while 83.13% of HVs were females and 16.87% males. All the HMPs and 97.59% of HVs were willing to contribute financially and provide useful information to conservation projects. Majority (54.84%) of the interviewed HMPs were willing to contribute between N500 - N1500 annually while most of the HVs (51.8%) were willing to contribute between N201 - N500 annually. Lack of financial power and land were identified as major constraints to holding private gardens. A total of 38 commonly used medicinal plant species was identified in the existing small scale private gardens of HMPs. There is need to organise the HMPs and HVs into formidable cooperative societies for easy access to fund and institute awareness campaign on the need for conservation of important local medicinal plants if the health for all dream is to be achieved.
  • Thumbnail Image
    Item
    Willingness to pay for rehabilitation of Ibadan urban environment through reforestation projects
    (Department of Forest Resources Management , University of Ibadan, 2002) Popoola, L.; Ajewole, O.
    This study was carried out to determine the estimated value of the environmental service functions of the forests of the Ibadan metropolis. It employed the payment card format -Contingent Valuation approach - to elicit willingness to pay (WTP) for environmental rehabilitation of the Ibadan metropolis through reforestation projects, and to investigate the extent to which socio-economic factors influence the WTP. Data were obtained from a multi-stage randomly sampled 370 residents within the five local government areas of the metropolis. The results show that 77% of the respondents were willing to pay various amounts ranging from N50-N500 monthly, NlOO being the modal value, having recorded a 52% response. The mean monthly WP value is N161, resulting in an aggregate estimated value of Ibadan urban forests’ environmental service functions, ranging between N185 468 586 and N240 868 294 (US$1 = NlOO). The reduced model of the double log regression equation revealed the respondents’ employment status and proximity to the urban forest reserves as the only socio-economic variables that significantly influenced WTP. The differences in the mean WTP values within each independent socio-economic variable were not significant (p > 0.05). The results of this study show that there is a need for social valuation of forestry and non-forestry projects that have to do with conversion of forest lands, as a panacea for uncontrolled deforestation.