SOCIO-ECONOMIC ANALYSIS OF BROILER PRODUCTION IN AGUATA L.G.A. OF ANAMBRA STATE, NIGERIA. IMPLICATION FOR ENTREPRENEURSHIP DEVELOPMENT IN A DEVELOPING ECONOMY
Uche Okeke
Department of Agricultural Economics and Extension,
Chukwuemeka Odumegwu Ojukwu University,
Igbariam campus, Anambra State, Nigeria
E-mail:Victorokeke76@gmail.com
ABSTRACT
The study analyzes the
economics of broiler poultry production in Aguata Local Government Area of
Anambra State, Nigeria. The data for this study were collected with the aid of
well-structured questionnaires from 50 respondents selected through multi-stage
sampling techniques. The parameters of the production were estimated using
regression analysis. Descriptive and statistical tools were used to analyses
socio-economic factors and problem militating against production. Gross margin,
net farm income and net return analysis were used to estimate profitability of
broiler poultry production in the area. The socio-economic characteristics of
the respondents showed that majority of the respondents are married. 40% of the
respondents are male 78%, 74% are aged 46 years and above while family size for
poultry farmers are 6-7 in the study area. Majority (58%) attended only primary
school. The gross margin, net farm income and net return on investment are N11, 078,440, N8, 013,715 and 0.74 respectively. The result of multiple
regression analysis showed that three variables age, flock size and cost of
input are statistically significant in the lead equation while other are not.
Keywords: Poultry Production, Broiler Poultry, Enterprise Budgeting, Net Farm Income.