Home»Agribusiness» Analysis of the value chains in the marketing of Bambara nut in Makurdi local government area of Benue state

Analysis of the value chains in the marketing of Bambara nut in Makurdi local government area of Benue state

 Department:Agribusiness  
 By:usericon Johngrey  

 Project ID: 6365
 Rating:  (5.0) votes: 1
   Price:₦3000
Abstract
The research survey on analysis of the value chains in the marketing of Bambara nut in Makurdi Local Government Area of Benue State. Data were collected from primary sources using well structured questionnaire which was administered to respondents with the aid of enumerators from 120 respondents. Descriptive statistics such as frequency distributions and percentages was used for analysis. Likert scale rating technique was used to realize objective (v), gross margin analysis was used to determine the profitability of Bambara nut marketing. The results show that the majority (53.33%) of the respondents are between the age of 31-40years (45.83%) were at the age of 21-30years. The results also indicated that most of the respondents were married (63.33%) while 19.17% were widows and 10.83% were divorced and 6.67% were single. Mean total variable and fixed cost of marketing is N46590.0000 and N 92057.9167 while the total revenue is N 465162.5000. The gross margin was  N 418572.5000. The net profit is 326514.5833. Majority of the respondents agreed to all the problems listed in the table as constraints to Bambara nut marketing in the study area. It was concluded that the marketing and processing of Bambara nut in Makurdi local government area of Benue state is a profitable venture,  despite the potential of the Bambara nut enterprise in the study area it is faced with many constraints which needs urgent attention in other to be able to fully harness these potentials. ...
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