Allocative efficiency of resource utilization in fish farming in Ondo State, Nigeria.
ABSTRACT Objective: The study assessed resource-use efficiency among fish farmers in Owo Local Government Area of Ondo State, Nigeria. Methods: A multi stage sampling technique was used to select 50 fish farmers for the study. Data were collected during 2013 production cycle. Multiple regression analysis was used to determine the effects of variables determining the quantity of fish harvested. Allocative efficiency of resources used in raising fish was determined using marginal value product ...
Natural Hazards and Their Impact On The Environment and Agriculture in Nigeria
ABSTRACT: The study assessed the impacts of natural hazards on the environment and agriculture in Nigeria as the cost of negative impacts of natural hazards either on the environment (natural and built environment) or food production is unimaginable. The aftermath of the 2012 flood in Nigeria was catastrophic as over 300 people lost their lives, more than 7 million people were affected and economic activities were paralyzed in a lot of places with huge damage to farmlands, houses and basic in...
Impacts of rice importation on Nigeria's economy
ABSTRACT This study critically examined the negative effects of importation of rice on the Nigerian economy. The study also took a look at various import policies embarked upon by the Nigerian government as inconsistency in policy is a major hurdle to long term investment in the rice sub-sector. Nigeria spends billions of Naira on annual basis to import rice with its attendant depletion of the nation’s foreign reserves and this study analyzed that this negative trend can be reversed as ther...