DETERMINANTS OF NET MARKETING INCOME OF DRY MAIZE (ZEA MAYS) IN ENUGU STATE, NIGERIA.

Authors

  • Ozor Maurice Uchechukwu Departmrnt of Agricultural Economics and Extension, Nnamdi Azikiwe University, Awka, Anambra State, Nigeria, West Africa.
  • Chiekezie Njideka Rita Department of Agricultural Economics, Anambra State Polytechnic, Mgbakwu, Anambra State, Nigeria, West Africa.
  • Isibor Chinwe Annunciata Departmrnt of Agricultural Economics and Extension, Nnamdi Azikiwe University, Awka, Anambra State, Nigeria, West Africa.
  • Nwankwo Eucharia chijindu Department of Agricultural Technology, Anambra State Polytechnic, Mgbakwu, Anambra State, Nigeria, West Africa.

DOI:

https://doi.org/10.61841/2mdbv734

Abstract

The study examined the determinant factors of net marketing income of dry maize (zea mays) in Enugu state of Nigeria. Specifically, it described profitability of dry maize marketing, determinant factors of net marketing income as wells as constraints faced by the dry maize marketers in the study area.  Multistage, purposive and random sampling method were employed to select five (5) LGAs, (1) one market from each of the selected LGA, (10) ten wholesalers and (20) twenty retailers from the selected markets making a total of 150 respondents for the study.   Enterprise Budgeting and Multiple regressions were the analytical tools employed. 4-point likert scale was used to find out the constraints faced by the marketers. Profitability indicators such as net marketing income, return on investment, net return on investment were  N11,489,409.85, 1.5 and 0.5 for wholesalers of dry white maize N9,511,009.85, 1.6 and 0.6 for wholesalers of dry yellow maize; while N8,214,249.4, 1.6 and 0.6 were for retailers of dry white maize and N8,905,392.4, 1.8 and 0.8 for retailers of dry yellow maize respectively. These proved the business profitable. Socio –economic characteristics factors of the respondent’s especially marketing cost and product price statically and significantly influenced net marketing income realized by pooled wholesalers and retailers, wholesalers and retailers of white and yellow maize at each instance.  Constraints to dry maize marketing were high cost of transportation, inadequate capital, storage pests and diseases, high market levy, unstable prices, poor storage facilities, too many traders, inadequate market information and poor sales. The dry maize marketers should form cooperative societies to enable them transact the business at minimal cost and earn higher profit.

References

Adams, O. K. (2018). Economic analysis of maize production in Kano state.Journal of Poverty, Investment and Development , 44 , 53-56.

Adeyemi, A. (2011). Imo State – “Eastern Heartland” Retrieved from http://www.cometonigeris.com/search-by-region/south-east/imo-state

Asogwa, B.C, Okwoche, V.A. (2012). Marketing of Agricultural produce among rural farm household in Nigeria. The case of Sorghum marketing in Benue State. Int. J. Bus. Soc. Sci,3 (13), 260-277.

Ayoola, J. B., & Azever, J.I.,(2010). Factors affecting the efficiency of maize marketing in Vandeika Local Government Area of Benue State, Nigeria. International Journal of Tropical Agriculture and Food Systems 4(2), 29-32.

Isibor, A.C., Nkamigbo, D.C, Okonkwo-Emegha, Kate.& Adejoh, (2024). Analysis Of Dry Maize ( Zea Mays ) Marketing Structure And Profitability in Nnewi North Local Governmemt Area Of Anambra State, Nigeria International Journal of Agriculture Research & Life Science 5(1)

National population Commission, (NPC). (2006). National population commission Publication,Abuja Nigeria, 2006

Nkamigbo, D.C and Isibor, A.C. (2019). Inter-Market Price Spread and Determinants of Net Farm Income in Watermelon marketing in Anambra State, Nigeria. International Journal of Agricultural Policy and Research, 7 (4), 100-107

Nkamigbo, D.C, Chiekezie, N.R. and Ozor, M.U. (2019). Performance Efficiency of fresh tomato marketing in Nnewi North LGA, Anambra State, Nigeria. Intl Journal of A p p li e d S c i e n c e a n d R e s e a r c h, 2( 5 ), 9 1 - 1 0 0

Nkamigbo, D.C., Atiru, Gbughemobi, B.O., and Obiekwe, N.J. (2015). Comparative analysis of costs and returns in Hybrid and non-Hybrid maize production in Osun State, Nigeria. Journal of Agriculture and Veterinary Sciences, 7(2), 5670

Nkamigbo, D.C., Ugwumba, C.O.A. and Okeke, U. (2019). Market Structure, Conduct and Volume of Trade among Channels of watermelon marketing in Anambra State, Nigeria. Intl J. of Agriculture and Biosciences, 8 (2), 112-116

Nkamigbo,D.C., Nwoye, I, I., Makwudo, E.O. and Gbughemobi,B.O. (2018). Economics of Maize Production in Oyi LGA in Anambra State, Nigeria. Int’l J. of Agriculture and Biosciences, 7 (2), 61-64.

Oluwatoyin, C.M. (2013). A Gender analysis of maize marketing by farmers in Oyo state, European Sci. J. 9 (2): 18-30.

Nwauwa, I.O.F. (2012) Palm oil marketing and distribution in Imo State, Nigeria. An application of linear programming model E3 journal of Agricultural Research and Development 2(1), 037-043.

Obasi, L. O., Mejeha, R. O., & Okocha M. (2012). Dried maize marketing in Aba South Local Government of Abia State, Nigeria. Implication for employment international conference on trade. Touraine and management, Banglok (Thailand).

Oluwatoyin, C.M. (2013) A Gender analysis of maize marketing by farmers in Oyo state, European scientific journal 9 (2), 18-30.

Raouf, S. S. (2011). Grain yield and physiological growth indices in (2ce Mays. L). hybrids under seed bio priming with plant growth promoting rhizobutinos (P G R R) journal of food agriculture and environment 3(4), 393

Serofenyoh, F. (2015). Maize market integration: A case study of maize marketing in Ghana.International Journal of Technology and Management Research 4:1-11.

Singh, A., Yadaw, N., & Sharma, S. (2012). After of fermentation on physiochemical properties and in vitro starch and protein digestibility of selected cereals. International journal of agriculture and food science 2 (3), 66-70.

Ugwumba, C.O.A. (2009). Analysis of fresh maize marketing in Anambra State, Nigeria. Journal of research in National Development, 1(2), 153-157.

Ugwumba, C.O.A. (2010). Allocative efficiency production inputs in Owerri West Local Governemnt Area of Imo State, Nigeria. Journal of Agriculture Science, 1(2), 95-100.

Ugwumba, C.O.A., & Onwuemeodo, J.C. (2014). Fermented cassava flour marketing in Owerri metropolis of Imo State, Nigeria. Scholars Journal of Agriculture and Veterinary Sciences, 1(2), 100-1042

Ugwumba, C.O.A., Omojola, J.T., & Orji, E.C. (2012). Agribusiness of watermelon (Citrillus lanatus) marketing in Port Harcourt metropolis of Rivers State, Nigeria. International Journal of Applied Research and Technology, 1(8), 3-11.

Visent, K., & Asheri, M. (2015). Profit margin for small maize Business. A corporation study of Green Roasted and dry maize.

Downloads

Published

2024-09-28

How to Cite

Uchechukwu, O. M. ., Rita, C. N. ., Annunciata, I. C. ., & chijindu, N. E. . (2024). DETERMINANTS OF NET MARKETING INCOME OF DRY MAIZE (ZEA MAYS) IN ENUGU STATE, NIGERIA. Journal of Advance Research in Food, Agriculture and Environmental Science (ISSN 2208-2417), 10(3), 1-11. https://doi.org/10.61841/2mdbv734