GROUNDNUT MARKETING IN A DEREGULATED ECONOMY IN THREE LOCAL GOVERNMENT AREAS OF ADAMAWA STATE, NIGERIA.
GROUNDNUT MARKETING IN A DEREGULATED ECONOMY IN THREE LOCAL GOVERNMENT AREAS OF ADAMAWA STATE, NIGERIA.
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Date
1998-04
Authors
SIMEON, WABOLAMANYI JAMES
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Abstract
vii
ABSTRACT
Before the deregulation of the economy in 1986 which was
an element of structural Adjustment Programme (SAP), the
prices of scheduled commodities such as groundnut were fixed
by the Federal Government on the advice of the technical
committee on producer prices.
After the deregulation of the economy, however, the
Nigerian agricultural marketing system for cash crops was left
in the hands of private traders. The objectives of this study
were to determine the profitability of groundnut production to
the farmer under this deregulated marketing system, to study
the system of groundnut marketing before and during SAP period
and to determine whether the present marketing system is
monopolistic or competitive. Other objectives were to compare
the marketing margin and marketing efficiency among the three
local government areas of study and to identify, the problems,
if any affecting the new marketing system.
The data collected were analysed using descriptive
statistics, gross margin analysis, marketing margin analysis,
marketing efficiency and Gini coefficient analysis.
The study found that farmers got reasonable level of
profit in the groundnut production. Also prices were
determined by forces of supply and demand in the free market
economy as against the fixed price system before the
deregulation of the economy.
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There was element of domination by small groups of
sellers over the majority for both whole-sale and retail
markets but with more domination in the whole-sale market.
Farmers were found to have reasonable share of what the
final consumer paid for their commodities. The deregulation
of the economy has exposed both farmers and merchants to some
marketing problems such as transportation, storage, lack of
marketing information and large numbers of middlemen and
buying agents.
Description
DEPARTMENT OF AGRICULTURAL ECONOMICS AND RURAL SOCIOLOGY,
INSTITUTE FOR AGRICULTURAL RESEARCH, AHMADU BELLO UNIVERSITY,
ZARIA.
Keywords
GROUNDNUT,, MARKETING,, DEREGULATED,, ECONOMY,, LOCAL,, GOVERNMENT,, AREAS,.., ADAMAWA,, STATE,, NIGERIA.