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
Anambra State University, Igbariam Campus
E-mail: stan2kc@yahoo.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% and most
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, N 8,013,715 and 0.74 respectively. The result
of multiple regression analysis showed that three variable age, flock size and
cost of input are statistically significant in the lead equation while other
are not.