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FACTORS INFLUENCING FEMALE YOUTH PARTICIPATION IN AGRICULTURAL LIVELIHOOD GENERATING ACTIVITIES FOR SELF-CARE IN GWAGWALADA AREA COUNCIL, ABUJA, NIGERIA
Views:345This study examines female youth participation in agricultural livelihood generating activities for self-care in Gwagwalada Area Council, Abuja. The objectives were to: examine the extent of female youth participation in agricultural livelihood generating activities and the income generated, determine the levels of female youth self-care responsibilities and perceived contribution of participation in agricultural livelihood activities on their wellbeing, determine factors influencing female youth participation in agricultural livelihood activities in the study area. A multistage sampling procedure was used to select 133 female youths from 13 registered youth associations. Structured questionnaire was used to collect data while descriptive statistics and Logit regression model were used to analyze the data. The results showed that 30.1% of the respondents were engaged in crop production and generated an average income of ₦420,093.02 while only 3.0% were engaged in crop produce processing and generated ₦29,250.74. Also, almost half (47.4) of them spent money to take care of themselves of between 3-4 self-care responsibilities and about 41.5 spent an average of 130,078.95 on food per day. It also showed The logit regression results indicated that factors influencing female youth participation in agricultural livelihood generating activities include age, educational status, household size, income, occupation, and distance. While the study indicates that a significant portion of female youths is engaged in crop and poultry production, their overall participation in agricultural activities is limited. The study provides critical insights into the potential of agriculture as a viable solution to youth unemployment and is an instrument of female vulnerability reduction in Nigeria. The study recommends implementing policies to improve land access for female youths, including land reform initiatives that prioritize youth ownership and leasing options. Additionally, it suggests exploring strategies to reduce production costs through input subsidies, partnerships with agricultural suppliers, and community-based resource-sharing initiatives.
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The effect of working capital on profitability of poultry egg enterprise in Osun State, Nigeria
Views:324This study investigated the effect of working capital on the profitability of poultry egg enterprise. Primary data were collected from 180 poultry egg farmers using two-stage sampling technique. Data were collected on the socio-economic characteristics such as age, gender, educational qualification, farming experience and flock size owned, quantities of inputs and outputs. Descriptive statistics, farm budgetary technique and ordinary least square model were used to analyze the data collected. The results from descriptive statistics show mean values of 42 years, 9 years and 5 persons for age, years of experience and household size, respectively. Majority of poultry egg farmers (52.2%) used their personal savings to fund their businesses while, some had access to loan from co-operative societies (37.2%), from SEAP microfinance (6.7%) and from banks (3.9%). Poultry egg producers invested their working capital on feeds (64.8%), rearing of poultry birds from day old chicks to point of lay (14.8%), account receivables (13.6%), drugs & vaccines (2.4%) and variable overheads (4.4%). A total cost of ₦5,494,927.04k was incurred by the poultry egg producers. Cost of feed accounted for 71.89% of the total cost of production. A total revenue of ₦9,388,555.60k and the net returns of ₦3,893,628.56k were realized. The net farm income per bird from the enterprise was ₦1,698.05k while the gross margin per bird was ₦1,795.32. The ordinary least squares regression estimates revealed that inventory, account receivable, operating cycle and flock size have significant effect on the profitability of poultry egg enterprises. The study concluded that poultry egg enterprise is profitable and working capital has a significant effect on the profitability of poultry egg enterprise. In light of the findings, the study recommended the expansion of the poultry flock size as well as reduction in the number of days of inventories, account receivables and operating cycle in order to increase the profitability of poultry egg enterprise.
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ACCESS TO CREDIT AND ITS INFLUENCE ON COCOA FARMERS’ WILLINGNESS TO PAY FOR EU-APPROVED PESTICIDES IN ONDO AND OSUN STATES
Views:129This study investigated the effect of credit access on cocoa farmers’ willingness to pay for EU-approved pesticides in Osun and Ondo State, Nigeria. A multi-stage sampling procedure was employed to select 240 cocoa farmers for the study. Data collected were analyzed with the aid of descriptive statistics, contingent valuation method and logit regression model. The results for the entire respondents showed average values of 46 years for age, 23 years for years of experience, 7 persons for household size, and 8.54 hectares for farm size. The majority (83.3%) of the farmers used Redforce. Given the current standard mean price of N365 per litre, the majority (62.5%) of the cocoa farmers are willing to pay 25% (price between N 365 – N 466) more on the actual price of the EU-approved pesticides. Logit regression estimates showed that gender, age, marital status, education, extension visit, access to credit, household size, farm size, and quantity of pesticide used significantly influenced cocoa farmers’ willingness to pay for EU-approved pesticides. This study concluded that credit access is an important variable affecting cocoa farmers’ willingness to pay for EU-approved pesticides. This suggests that policy strategies aimed at improving the cocoa farmers’ willingness to pay for EU-approved pesticides must consider their credit access. Based on the findings of the study, it was recommended that Government and agricultural-related organisations should provide credit to farmers to boost their willingness to pay for the approved pesticides.
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Board diversity and firm value; mediating effect of CSR of listed oil firms in Nigeria
Views:478In this empirical study, the mediating effect of corporate social responsibility (CSR) on the nexus between corporate value and board diversity is investigated. However, hypotheses developed for this study were tested with annualized panel dataset of eight (8) Nigerian listed oil and gas firms in the upstream sector spanning 2012 to 2019. Stakeholder theory was used to underpin the study. The study employed three indicators for board diversity (board professionalism, board nationality and board gender), Tobin’s Q and amount spent on CSR. The panel regression results show that looking at the indirect effect in Model One; board diversity has no significant effect on firm value. However, empirical findings indicated that CSR exerts a significant and positive relationship with corporate value. Considering Model Two, the results show that CSR plays a pertinent role in establishing the nexus between corporate value and board diversity, this finding is congruent with stakeholder theory. The study recommends that environmental sensitive firms should maintain an appropriate and balance diverse board as it plays a pertinent and significant role in establishing the nexus between stakeholder relationship and the firms, which can also serve as a mechanism to mitigate manager's opportunistic tendencies behind CSR investment.
JEL code: L95, M14, M41
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Communication of trainers as one of the means for customer retention in fitness clubs
35-40Views:632Acquiring the adequate communication style is a vital element in trainers’ profession. This research aims to reveal the effects generated via the communicative style by trainers of fitness club customers. It also intends to explore whether communication style has any relation to the regularity of class attendance as well as to the length of training periods which is conceptualised in this paper as trainers’ economic efficiency. Data collection was carried out by structured interviews in a country-side large sport centre. Trainers with at least three training sessions per week (N=20) and their groups (N=160) were interviewed using Rudas (1994) communication style survey and additional selfdeveloped interview protocols. The results revealed that the examined trainers were distributed in all four communications styles, but showing dominance in aggressive and passive styles. The classes of trainers with aggressive and assertive communication style were those that showed the highest and maintained attendance rates. It seems, that classes held by trainers who communicate in a deliberate way and convey positive messages are attended more and in a sustained way. Accordingly, their precisely set targets and explanation of training sessions content correlated with repeated attendance and customer retention. It seems that groups with extended scope of communication are characterised by stronger group cohesion where social relationships could develop easier, which have relations to perseverance and commitment. Therefore development of trainers’ communication skills may be considered as an effective tool for fitness clubs for customer retention.
JEL code: Z20
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