Sustainability of Micro Finance Institutions: A Comparative Case Study from Kwara State, Nigeria

1BABATUNDE, M. OYEWALE AND 2BAKARE, AKEEM ADEWALE

 

1&2Department of Economics and Financial Studies

Fountain University, Osogbo, Osun State, Nigeria.

E-mail: babatundewale94@gmail.com, akeembakare2012@gmail.com

ABSTRACT

Recently, the Microfinance Banks (MFBs) have emerged to seal the gap between the many formal and informal financial institutions such as banks, credit unions and moneylender in Nigeria financial institutions. The foremost objective of MFBs is to alleviate poverty by offering loans and related financial services to the poor: individuals who are not self-sufficient. This paper aims to understand the extent to which MFBs have attained sustainability in Nigeria, a developing country scenario. The paper examines the sustainability attained by Microfinance banks in Nigeria by way of measuring their Outreach, Financial sustainability and Welfare impact. The data was collected with the help of Semi-structured Interviews and Focus Group Discussions of Micro Finance Banks in twin cities (Ilorin and Offa) of Kwara state and data collection through secondary sources available in Kwara state on MFB`s. A descriptive analysis was carried out by using triangle theory of Meyer and Zeller (2002). It was discovered that the MFBs of Kwara state, Nigeria are not quite sustainable especially after the reform agenda been introduced by the apex bank (CBN) in the country.


Evaluation of Remuneration Policy’s Influence on Performance of Staff of Access Bank Plc, Bida

1R.L. ALIYU, B.M TUDUN WADA2 AND K.S. OLADEJO3

1Department of Business Administration, Kano State Polytechnic, Kano, Nigeria.

2Department of Banking & Finance, Kano State Polytechnic, Kano, Nigeria.

3Department of Banking & Finance, Federal Polytechnic, Bida, Nigeria.

E-mail: rahamalaliyu@gmail.com, saleemabubakar10@gmail.com

ABSTRACT

Many commercial entities especially Banks place high priority on staff remuneration, this is because the ability of a commercial bank to achieve its goals at minimal cost will depend mostly on how motivated its employees are, be it skilled labour, semi-skilled or unskilled labour, all depend or believe strongly on competitive remuneration. This research work assessed how compensation policies can be used effectively to enhance productivity in Commercial banks. The works of other scholars have been reviewed to enable the researcher take a position. Primary data and other information were used. The population of the study is 16 members of staff, due to the size of the population; the entire population shall constitute the sample size. Simple random sampling technique was adopted in administering the questionnaire. The study found out that, once members of staff are well compensated above the industrial/industry average, then, productivity will be enhanced. Another finding is that, the current remuneration packages of the bank is not adequately competitive, members of staff expressed displeasure over the compensation policies. The work concluded by recommending that the bank under investigation should review its compensation policies in-line with the practices in other leading banks, that is, compensation policies should be made more competitive to minimize labour turnover in the bank.


Table of Contents

Adoption of Oil Palm Production Technologies in Ihiala Local Government

Area of Anambra State, Nigeria.

Isibor, A.C. and ugwumba, C.O.A.                                                                                           1 – 8

Production and Marketing of Indigenous Chicken in Mubi North Local

 Government Area, Adamawa State, Nigeria.

Neils, J.S., Ngura, C.J. and Undiandeye, U.D.                                                                            9 – 20

Haemogram of Broilers Fed Cassia obtusifolia Seed Meal as a Substitute to Protein

Neils, J.S., Clement, A. and U.I. Dazala                                                                                                21 – 31

Economic Efficiency and Profitability of Catfish (Clarias gariepinus)

Production in Isoko Area of Delta State, Nigeria.

Nkamigbo, D.1, Ovuomarie, O.S,Maduka, J.U3 and Isibor, A.C                                                 32 – 40

Analysis of Investment Pattern of Cooperative Farmers in Sardauna Local

 Government Area of Taraba State, Nigeria

Vosanka I. P., Alam M. K., and Rikwentishe R.                                                                         41 – 50

Retrospective Studies of Reproduction Disorders of Small Ruminants

in Maiduguri, Nigeria.

Peter, I.D., Mshelia G. D.,Bukar, M. M., Maina V. A., and Biu, A.A.                                           51 – 58

Performance and Economic Approach to Broiler Finisher for Sustainable

Poultry Venture

Danwe, A.B. and Finlak, E.A.                                                                                                    59 – 66

Analysis of Farmers Willingness to Adopt Mushroom Cultivation in Ughelli

North Local Government Area of Delta State

Iyekekpolor Moses N.                                                                                                               67 – 76

Economic Analysis of Melon (Agusi) Production in Gassol Local Government

Area of Taraba State, Nigeria

Taphee, B.G., Alam, M.K., Jen E.I. and Agbo, F.U.                                                                     77 – 85

Growth Indices and Yield of Semi-Irrigated Celery (apiumgraveolens) as

Influenced by Poultry Manure Application in Katsina, Nigeria.

Abdu Babangida Umar                                                                                                           86 – 91

Economic Analysis of Rainfed Rice Production in Gassol Local Government

Area of Taraba State, Nigeria.

Alam M.K., Idoko M.D.,Musa A.H., Bashir M.B. and Adi S.S.                                                    92 – 100

The Control of Sarcoptes Scabiei Infection on West African

Dwarf (Wad) Pigs on Free Range Management System

Kperegbeyi. J. I and. Onwumere O. S.                                                                                       101 – 107

Constraints of Youths Invovement in Agricultural Production in Isoko North

Local Government Area, Delta State

Adaigho Dennis and Tibi Kentus                                                                                             108 -115

Economic Analysis of Sugarcane Production in Lau Local Government Area

of Taraba State, Nigeria

Alam, M.K. Vosanka, I. P, Taphee, B.G, Yengo, E. and Idoko, M.D.                                           116 – 125

Economics of Onion Production in Malumfashi Local Government Area, Katsina

State, Nigeria: A Comparative Analysis of Onion Bulb and Onion Seed Production.

Abdu Babangida Umar                                                                                                           126 – 134

Survey of Louse Infestation amongst Sheep and Goats in Maiduguri Nigeria

Biu A.A., Yakaka W., Mustapha F.B., Zango M.K., and Linus D.I.                                              135 – 139

Adoption of Maize Production Technologies in Ishielu Local Government

Area of Ebonyi State, Nigeria

Ugwumba, C. O.  and Isibor, A. C.                                                                                           140 – 148


Adoption of Maize Production Technologies in Ishielu Local Government Area of Ebonyi State, Nigeria

1UGWUMBA, C. O. A. AND 2ISIBOR, A. C.

1Department of Agricultural Economics and Extension, Faculty of Agriculture,Anambra State University, Anambra State, Nigeria.

2Department of Agricultural Economics and Extension. Faculty of Agriculture, Nnamdi Azikiwe University Awka, Anambra State.

E-mail: chinweann@yahoo.com

ABSTRACT

The study examined the adoption of maize production technologies in Ishielu local government of Ebonyi State Nigeria with the arm of ascertaining the levels of adoption of maize production technologies and to determine the socio-economic factors that influenced level of adoption of the technologies. Primary data were collected using a purposive and simple random sampling from 50 maize farmers. Descriptive statistics, likert scale and logistic regression were used to analyze the data. Results showed that majority of the farmers were within the age bracket of 21–40 (64%) and dominated by male (56.5%) and majorities are married (56%). About (76.7%) had formal education; highest level of adoption (80%) was achieved with the use of hybrid maize varieties. Logistic regression result shows that gender, age, marital status, educational status, household size, farm size, membership of social group and annual income were statistically significant at 57 level of probability. High cost of the technologies was identified as the major constraints to adoption. It is recommended that subsidies should be provided on fertilizers and agrochemicals to reduce cost of the technologies to boost production.


SURVEY OF LOUSE INFESTATION AMONGST SHEEP AND GOATS IN MAIDUGURI NIGERIA

1BIU A.A., 2YAKAKA W., 3MUSTAPHA F.B., 1ZANGO M.K., AND 1LINUS D.I.

1Department of Veterinary Microbiology and Parasitology, Faculty of Veterinary Medicine, University of Maiduguri, Nigeria

2Department of Veterinary Medicine, Faculty of Veterinary Medicine, University of Maiduguri, Nigeria

3Department of Veterinary Public Health and Preventive Medicine, Faculty of Veterinary Medicine, University of Maiduguri

E-mail Addressbiuvet@yahoo.com

Abstract

Lice infestation amongst livestock, also known as lousiness is highly prevalent in Nigeria accounting for about 30% loss in sheep and goats production.  A survey on the incidence of louse infestation amongst sheep and goats was conducted in Maiduguri, Nigeria. A total of 240 sheep and goats were examined revealing an overall incidence of 34(14.2%) comprising of 127 sheep and 113 goats examined with incidence rates of 28 (22%) and 6 (5.3%) respectively (p<0.05). Two species of louse were identified namely Damalina ovis and Linognathus africanus on sheep with incidence rates of 22 (78.6%) and 6 (21.4%) respectively (p< 0.05). On goats were Damalina caprae and Linognathus stenopsis with incidence rates of 2 (33.3%) and 4 (66.7%) respectively (p<0.05). Based on sex, male and female sheep had incidence rates of 18 (64.3%) and 10 (35.7%) (p<0.05), while male and female goats had 5 (83.3%) and 1(16.7%) (p<0.05) respectively. Age wise, young and adult sheep had incidence rates of 22 (78.6%) and 6 (21.4%) (p<0.05), while young and adult goats had 4(66.7%) and 2(33.3%) (p>0.05) respectively. The University of Maiduguri Animal farm (UMAF) had a significantly (p<0.05) lower incidence rates for both sheep 6 (21.4%) and goats, (16.7%) compared with the Metropolitan livestock market with 22 (78.6%) and 5 (83.3%) for sheep and goats respectively. Conclusively, lousiness amongst sheep and goats is in Maiduguri, as such adequate veterinary attention is indicated for their enhanced production.


Economics of Onion Production in Malumfashi Local Government Area, Katsina State, Nigeria: A Comparative Analysis of Onion Bulb and Onion Seed Production.

ABDU BABANGIDA UMAR

Department of Agricultural Technology

Hassan Usman Katsina Polytechnic.

E-mail: abdubau@gmail.com

ABSTRACT

The study was conducted at Dayi irrigation site, Malumfashi Local Area, Katsina State, Nigeria. The objective was to evaluate the socio-economic characteristics of onion producers, profitability of onion production and compare the return from onion seed and onion bulb production. The study was carried out using well-structured questionnaire administered to 70 farmers, 35 for each category of producers (onion bulb and seed) randomly selected. The data was analyzed by using descriptive statistics, gross margin analysis and t-test analysis. The result indicated that majority the respondents were male, aged between 40-50 years with an average family size was 6-10. Onion seed farmers have higher average gross margin of N112, 917 with higher average variable cost of N11, 697 while onion bulb producer have lower average gross margin of 56,963 with lower average variable cost N241. The result of the profitability index also reveals higher benefits for investment in onion seed production enterprise with a profitability index of 9.7 although both methods of production are found to be profitable.


Economic Analysis of Sugarcane Production in Lau Local Government Area of Taraba State, Nigeria

1ALAM, M.K; 1VOSANKA, I.P, 1TAPHEE, B.G, 1YENGO, E. AND 2IDOKO, M.D

1Department of Agricultural Extension and Management, Taraba State College of Agriculture, Jalingo, Taraba State, Nigeria.

2National Biotechnology Development Agency (BIODEC) Jalingo – North-East Zone Taraba State, Nigeria

E-mail: meetalammk@yahoo.com

ABSTRACT

The study analyzed the Economics of Sugarcane Production in Lau Local Government Area of Taraba State, Nigeria. Primary data were collected from 102 sugarcane farmers using purposive and simple random sampling techniques and were analyzed using descriptive statistic and gross margin analysis. The results of the socio-economic characteristic of the farmers revealed that majority (82.35%) were young adults below 51 years of age, and were predominated by male (92.16%), that were  married (77.45%), with large family size (74.51%). The findings also indicated that majority (76.47%) were small holder farmers who depended mainly on their personal savings (79.41%) for funds. The result of the gross margin analysis shows that sugarcane farmers incurred a total variable cost per hectare (TVC) of N143, 000 on sugarcane production. While the returns indicate the total revenue, gross margin, net farm income and return on Naira invested on sugarcane production were N241, 800, N98, 800, N91, 320 and N0.61K respectively.  The constraints to sugarcane production in the study area were identified as: inadequate funds, high cost of farm inputs, high cost of labour, lack of improved seeds, pest and disease attacks among others. Sugarcane farmers are encouraged to form cooperative societies in order to get financial support from government, NGO`s, private companies as well source credit facilities from banks. Government should also subsidize the price of farm inputs as well as provide improved seeds through extension agents to farmers in order to boost sugarcane production in the area.


Constraints of Youths Invovement in Agricultural Production in Isoko North Local Government Area, Delta State

ADAIGHO DENNIS AND TIBI KENTUS

Department of Agricultural Extension and Management

Delta State Polytechnic, Ozoro, Nigeria  

E- mail: adaighodennis@yahoo.com

ABSTRACT

The study examined the constraints of youth involvement in agricultural production in Isoko North Local Government Area, Delta State. A total of one hundred and twenty (120) youths were selected using a multi-stage random sampling technique for the study. Twenty (20) respondents (youths) from secondary and post-secondary were selected from six (6) communities in the study area. The major problem hindering youths involvement in agriculture was identified. The finding shows the following mean scores – inadequate credit facility (x=2.883), poor return to agricultural investment (x=2.667), lack of agricultural insurance for produce during glut or unfavorable climatic conditions (x=2.667), poor basic farming knowledge of modern technique (x=2.567) and lack of access to tractors and other farm inputs (x=2.483) etc. The study recommended among others the need for provision of credit facilities with less stringent procedures and resuscitation of agricultural training centres across the state to enhance youth’s involvement in agriculture.


The Control of Sarcoptes Scabiei Infection on West African Dwarf (Wad) Pigs on Free Range Management System

KPEREGBEYI. J. I AND. ONWUMERE O. S.

School of Agriculture, Department of Agricultural Technology

Delta State Polytechnic, Ozoro.

E-mail: jameslovekperegbeyi@gmail.com

ABSTRACT

Trials were carried out to compare effective use of local and scientific control of S. scabiei in the treatment levels during 2012 and 2013 dry seasons across 3 locations (South, Central and North zones) in Delta State. A total of 180 West African Dwarf Pigs under the free range management system were selected from 36 farmers. Treatments consisted of three systemic control: Treatment I (control: No systemic control) treatment II (local control) and treatment III (Scientific control). Each location served as a replicate in Complete Randomized Design (CRD). Statistical analysis showed that there was no significant differences (P<0.05) in the mean value of Pigs infested by Sarcoptcs scabiei across the. Treatments with a mean of 7-7 (‘38.3 %), 5-7 (28.3 %) and 6.7 (33.3 %) for treatment I, II and III respectively. However, across the locations, significant differences (p>0.05) existed with the southern zone having the highest infestation of sarcopatic mange with a mean value 9.7 (48.3 %) followed by the central zone and Northern zone with least means and percentage infestation of 7.0 (35 %) and 3.3 (16.7 %) respectively. The findings revealed that local control of sarcopatic mange should be used by farmers practicing free range management system.


Economic Analysis of Rainfed Rice Production in Gassol Local Government Area of Taraba State, Nigeria.

1ALAM M.K., 2IDOKO M.D., 1MUSA A.H., 1BASHIR M.B. AND 1ADI S.S.

1Department of Agricultural Extension and Management, Taraba State College of Agriculture, Jalingo, Taraba State, Nigeria

2National Biotechnology Development Agency (BIODEC) Jalingo – North East Zone, Taraba State, Nigeria.

E-mail: meetalammk@gmail.com

ABSTRACT

The study analyzed the economics of rainfed rice production in Gassol Local Government Area of Taraba State, Nigeria. The specific objectives were to describe the socio-economic characteristics of rainfed rice farmers, estimate the cost and returns of rice production and identify the constraints to rice production in the study area. Primary data were collected from 88 rice farmers using purposive and random sampling techniques and were analyzed using descriptive statistics and gross margin analysis. The results revealed that 76.14% of the respondents were below 41 years of age, majority (80.68%) were males, 70.45% were married and most (85.23%) were formally educated. Also 72.73% of the farmers had farming experience for more than five years and majority (79.54%) had farm size of less than five hectares of farmland. The findings on the Gross Margin analysis indicated that rainfed rice farmers incurred a total cost of N49,00% per hectare of rice production and had an average yield per hectare of 1300kg which were sold at an average market price of N60/kg. The result further shows that the Gross income, gross margin, net farm income and return on Naira invested were: N78,000, N36,000, N28,992 and N0.59k respectively. The constraints to rainfed rice production were identified as: inadequate fund, high cost of labour, high cost of farm inputs, price fluctuation, poor marketing outlet, pests and diseases, poor storage facilities and insecurity. Rainfed rice farmers are encouraged to form or join cooperative society to enable them get financial supports from Government and financial institutions. Government should also subsidize the prices of farm inputs to make them accessible and affordable to farmers. Also improve varieties of seeds should be supplied to rice farmers which yields more and is less vulnerable to diseases, insects and rodents attack.


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