Analysis of agricultural land market in Ondo State of Nigeria

Idowu, EO; Alawode, Olubunmi O; Alimi, Taiwo; Kassali, R.

doi:10.4314/bja.v4i1.41932

Cited by 3 publications

(3 citation statements)

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“… Marketing Strategies: Marketing efforts, including advertising and distribution, help reach a wider audience and promote palm oil products (Idowu and Falola, 2016).  Compliance with Certifications: Meeting certifications like RSPO (Roundtable on Sustainable Palm Oil) enables access to international markets and demonstrates commitment to sustainability (RSPO, 2021).…”

Section: Marketing and Market Accessmentioning

confidence: 99%

Oil palm production value addition in Nigeria: The way forward

AMAFADE Ughwe Goodluck,

OVHARHE Oghenero Joseph

2024

World J. Adv. Res. Rev.

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This study appraised the way forward for oil palm production value addition in Nigeria. Oil palm has economic, cultural and traditional significance in many communities in Nigeria. In recent years, the oil palm sector in Nigeria has faced challenges related to sustainability, environmental conservation, and market access. The study identified the major players in the oil palm industry in Nigeria. It was shown that value addition processes in oil palm production are essential for enhancing the economic value of palm oil and its derivatives. It was obvious that challenges outlined in value addition processes of the oil palm industry include inefficient processing facilities, storage challenges, lack of cold chain infrastructure, limited access to credit and financing, inadequate research and development and environmental issues. The study revealed that Government interventions as a way forward play a crucial role in promoting value addition in the oil palm industry. This extends to research and development, infrastructure development, market access and trade facilitation, sustainable certification and standards, tax incentives, subsidies, extension services and environmental regulations. It was accounted that successful value addition projects in the oil palm sector in Nigeria have the potential to transform the local economy and improve livelihoods. A replication of the success stories is a way forward to value addition sustainability in the oil palm industry. Conclusion reached as ways forward include technological advancement, increased palm oil production, increased research and development, increased market expansion and steady government support and policy framework.

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Section: Marketing and Market Accessmentioning

confidence: 99%

Oil palm production value addition in Nigeria: The way forward

AMAFADE Ughwe Goodluck,

OVHARHE Oghenero Joseph

2024

World J. Adv. Res. Rev.

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“…It is one of the most precious assets. In traditional societies, it is regarded as a common good and cannot be alienated or sold (Idowu, Alawode, Alimi, & Kassali, 2007), while in the modern communities, it is a commodity that is desired and can be exchanged (Wily, 2003). Land is one of the production factors, it constitutes the fulcrum for food production as well as provision of shelter and utilities for the manufacture of foods and the establishment of institutions to meet the basic needs of modern communities (Lasun, 2006).…”

Section: Introductionmentioning

confidence: 99%

“…Land market exists when and wherever it is possible to exchange rights in land for agreed amounts of money or services rendered (Idowu et al, 2007). Therefore, any land transfer process that is done on transaction basis or in which money is exchanged, can be referred to as land market.…”

Section: Introductionmentioning

confidence: 99%

Rural Land Market, Livelihood and Welfare among Households in Oyo State, Southwest Nigeria

Alawode¹

2021

BMS

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With rapid population growth and resulting increased land fragmentation, landholding becomes smaller, negatively impacting on the living standard of rural households. Thus, the need to understand the potentials of land markets to improve rural households’ access to land through the adjustment of households’ landholding for livelihood activities, and its consequent effect on their welfare. This paper examined the relationship between rural land market, livelihood and welfare among households in Oyo state, Southwest Nigeria. Using a structured questionnaire, a survey was conducted on a sample of 200 respondents, who were selected through multistage sampling procedure. Descriptive statistics, Land Market Index (LMI), Tobit model and multiple regression analysis were used to analyse the primary data. Results show that majority (74.0%) of households were involved in crop farming with mean income of ₦53 833.33 (±26 784.560), which was relatively higher than livestock ₦31 567.08 (±20 897.47). The mean total monthly expenditure was ₦26 548.50 (±8945.5692). Identified land transaction methods include purchase (76.3%), lease (19.8%), and rent (3.9%). On the average, 97.0% of land held by households were acquired through market (LMI=0.97). Sex and household status had significant positive effects on the extent of households’ participation in land market at p<0.01. Also, LMI, crop farming and livestock farming had significant positive effect on households’ welfare. Obtaining land through market for livelihood activities promotes households’ welfare. Rural land market and livelihood activities have significant positive effects on the welfare of farmers. There is need for Government to facilitate formal land markets in rural areas.

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Land Use Conflict Among Vegetable Farmers in Denu: Determinants, Causes and Consequences

Acquah¹

2021

RJOAS

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Analysis of agricultural land market in Ondo State of Nigeria

Cited by 3 publications

References 0 publications

Oil palm production value addition in Nigeria: The way forward

Oil palm production value addition in Nigeria: The way forward

Rural Land Market, Livelihood and Welfare among Households in Oyo State, Southwest Nigeria

Land Use Conflict Among Vegetable Farmers in Denu: Determinants, Causes and Consequences

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