3558498
doi
10.5281/zenodo.3558498
oai:zenodo.org:3558498
Agunbiade M. O.
Department of Agricultural Economics, Obafemi Awolowo University, Ile-Ife, Osun State, Nigeria.
Oluwalana E. O.
Department of Agricultural Economics and Farm Management, Federal University of Agriculture, Abeokuta, Ogun State, Nigeria.
Profitability of honey production in Ogun State, Nigeria
Ogunola A. A.
Department of Agricultural Economics and Farm Management, Federal University of Agriculture, Abeokuta, Ogun State, Nigeria.
info:eu-repo/semantics/openAccess
Creative Commons Attribution 4.0 International
https://creativecommons.org/licenses/by/4.0/legalcode
Keywords: Profitability, honey, production, investment
<p>The study was carried out in Ogun State. The study analyzed the profitability of honey production in the study area. Information was elicited from 120 respondents by simple random sampling with the aid of a well-structured questionnaire and interview schedule from where input and output data were obtained. The data collected were analyzed using descriptive statistics and budgetary techniques analysis. The result of the socio-economic variables showed that 41.7% of the respondents were within a productive age-range of 41-50 years. It further revealed that there was gender insensitivity and discrimination (between male and female) in honey production because 79.2% were males while 21.8% were female. Honey production in the study area is profitable as a beekeeper on the average realizes 120 liters of honey per production cycle and a net farm income of N131695.01. Also, a return on investment per naira was N1.56. The identified prominent problems include pests and predators, theft of hives and honey, the inadequacy of bee equipment and inadequate capital. The study, therefore, concluded that as honey production attracts the attention of a greater percentage of the populace these days because of its profitability and a viable complementary activity/quick returns.</p>
Zenodo
2019-11-30
info:eu-repo/semantics/article
3558497
1579532856.541175
129855
md5:0d3fa5fea71cc81e0954d9bd61762683
https://zenodo.org/records/3558498/files/Ogunola et al.pdf
public
10.5281/zenodo.3558497
isVersionOf
doi
Direct Research Journal of Agriculture and Food Science
7
12
345-349
2019-11-30