DEPARTMENT OF AGRICULTURAL ECONOMICS

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    Welfare Costs of Risks and Management Options in Nigeria
    (2019) Olaniyan, O.; Oni, O. A.; Adepoju, A. O.; Okunmadewa, F. Y.; Fashogbon, A.
    Most of Nigeria’s declining welfare indicators such as poverty, food insecurity and life expectancy at birth have been linked to high risk exposure. However, little empirical investigations have been made to uncover the dynamics of risks and their attendant welfare implications at the household level using aggregate national data. This study thus investigated risk prevalence, its welfare cost and management strategies within households in Nigeria. Data from the Harmonised National Living Standard Survey (NLSS) of households, collected between 2009 and 2010 by the National Bureau of Statistics, provided the data set for the study. The results revealed that predominant shocks within households in Nigeria are the death of the household head, conflicts in the community, death of a spouse, the household head being away, spouse being away from home, household head hospitalized and personal theft. Among variables that significantly reduce households’ welfare were death and absence of the household head, and community conflict. Further, the results showed that the level of wealth significantly mitigates the negative impact of some shocks. Also, findings fromthe study revealed that households make use of mixed strategies to cope, mitigate and reduce risk exposure and impact. The study concluded by recommending provision of well-managed and need responsive socialinfrastructure suchas good health facilities, pipe-borne water, road network. In addition, people need to be sensitized to the need for life micro-assurance and government needs to subsidize it as this will help reduce the impact of the demise of the breadwinner on the household’s welfare.
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    Food security among cocoa farming households of Ondo State, Nigeria
    (APRN Journal of Agricultural and Biological Science, 2009) Oluyole, K. A.; Oni, O. A.; Omonona, B. T.; Adenegan, K. O.
    "In Nigeria, it has been documented that cocoa farmers devote most of their resources toward cocoa production at the detriment of food crop production because they derive more income from cocoa. There is, however, a dearth of information about the consequence of this practice on the food security status of cocoa farming households. In this study, the food security status of cocoa farming households of Ondo State, Nigeria was examined. Multistage sampling technique was used to select 200 respondent households from the study area in 2007. Information was collected from the respondents with the aid of structured questionnaire and the data obtained from the information were analyzed using Descriptive statistics, Food Security Index, Surplus/Shortfall Index and Probit model. The food security line was N2500.50 per month per adult equivalent. Based on this, 43% of the total sampled households were food secure while 57% were food insecure. Food secure households exceeded the calorie requirements by 12% while food insecure households fell short of calorie requirements by 9%. A unit increase in farming experience of household head (p<0.05), output of roots and tubers (p<0.05), output of cereals (p<0.05) and output of cocoa (p<0.01) increases the probability of household to be food secure by 0.0088, 0.00021, 0.000087 and 0.00049, respectively while a unit increase in household size (p<0.01) and age square of household head (p<0.1) decreases the probability of household to be food secure by 0.23 and 0.000074, respectively. A high percentage of households was food insecure, hence, cocoa farming households in the study area could be said to be food insecure "
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    Food security among cocoa farming households of Ondo State, Nigeria
    (ARPN Journal of Agricultural and Biological Science, 2009) Oluyole, K. A.; Oni, O. A.; Omonona, B. T.; Adenegan, K. O.
    "In Nigeria, it has been documented that cocoa farmers devote most of their resources toward cocoa production at the detriment of food crop production because they derive more income from cocoa. There is, however, a dearth of information about the consequence of this practice on the food security status of cocoa farming households. In this study, the food security status of cocoa farming households of Ondo State, Nigeria was examined. Multistage sampling technique was used to select 200 respondent households from the study area in 2007. Information was collected from the respondents with the aid of structured questionnaire and the data obtained from the information were analyzed using Descriptive statistics, Food Security Index, Surplus/Shortfall Index and Probit model. The food security line was N2500.50 per month per adult equivalent. Based on this, 43% of the total sampled households were food secure while 57% were food insecure. Food secure households exceeded the calorie requirements by 12% while food insecure households fell short of calorie requirements by 9%. A unit increase in farming experience of household head (p<0.05), output of roots and tubers (p<0.05), output of cereals (p<0.05) and output of cocoa (p<0.01) increases the probability of household to be food secure by 0.0088, 0.00021, 0.000087 and 0.00049, respectively while a unit increase in household size (p<0.01) and age square of household head (p<0.1) decreases the probability of household to be food secure by 0.23 and 0.000074, respectively. A high percentage of households was food insecure, hence, cocoa farming households in the study area could be said to be food insecure. "