An analysis of economy in goverment

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An analysis of economy in goverment

Abstract The study analyzed the economic of rice production in Gassol local Government area of Taraba State. The analytical tools employed were An analysis of economy in goverment statistics and inferential statistics. The gross margin per hectare of land was N72, High cost of inputs, lack of contact with extension agents, poor storage facilities and high cost of transportation were the major production challenges.

Key words Rice production, Profitability, Taraba State. Introduction Rice Oryza Spp is the staple food for about half of human race and ranked third after wheat and maize in terms of worldwide production Chidda et al.

Nigeria is one of the countries in the world that has the potentials to produce rice in a large quantity. This is a fact because Nigeria has an estimated 4. But despite all these potentials, only about 1. Rice production in Nigeria is also dominated by smallholder farmers using traditional methods fraught with drudgery and individual farmer cultivate between 0.

It is therefore worthy of note that there exists a demand-supply gap due to increase consumption rate of rice Onu et al. Paradoxically, Nigeria is also the largest importer of rice in the world.

An analysis of economy in goverment

The annual demand of rice in the country is estimated at 5million tons, while production level is 3 million tons of milled rice resulting in a deficit of 2million tons. Over the years the country has resorted to imports to bridge this deficit.

The rice import bill for Nigeria, which was N Despite the economic importance of ricee to the teeming populace in Nigeria, it has not been produced adequately to meet food and industrial needs of the country. The set-back is mainly due to the fact that the production of both food and cash crops is still in the hands of smallholder farmers using traditional methods and personal savings Ohaka et al.

Similarly, it is worthy of note that previous governments embarked on policy interventions on rice production but little has been done in the area of return to scale of rice production. This, coupled with the fact that these small scale farmers can hardly estimate the profitability of rice production in the area.

This is the gap this study seeks to fill. The broad objective of the study was to evaluate the profitability of rice production in Gassol Local Government Area of Taraba state while the specific objectives were to describe the socio-economic characteristics of rice farmers, to estimate cost and returns, determine the Input-Output relationship in rice production and to identify the production constraints of rice production in the area.

Methodology The Study Area: The study was conducted in Gassol local government area of Taraba state. The study area is situated in the northern part of the state and it has a total land area of about 5, km2 with an estimated population of aboutThe local government is bordered to the east by Ardo-kola, Ibi to the west, Bali to the north and Bali local government area to the south.

The temperature of the area ranges from to with annual rainfall of between mm to 1,mm Oruonye and Bashir Most of the inhabitants in the area are: Jukun-kona, Mumuye, and Fulani.

These ethnic groups are predominantly agriculturally inclined. Most of the agricultural activities found in the area include crops and livestock production such as maize, beans, rice, cowpea cattle, goat and poultry production. Multi-stage random sampling technique was used to select respondents for the study.

The first stage involved the purposive selection of six wards Gassol, Sabon gida, mutum biyu A, Nyonyo, Tutare and mutum biyu B.

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The second stage involved the random selection of one village in each of the selected wards. This gave a total of six villages sampled, from the six villages selected a total of rice farmers were randomly selected in proportionate to the size of the villages as used by Adebayo Multiple regression models were used to examine the influence of production inputs on rice output in the study area.

An analysis of economy in goverment

Four functional forms of regression namely; linear function, exponential function, semi-logarithm function and double logarithm function were tried. Gross margin analysis Gross margin can be defined as the difference between the gross farm income and the total variable cost.A pickup in government spending, particularly defense, has helped drive a broad acceleration in U.S.

economic growth, according to an analysis of Commerce Department data. Mexico’s $2 trillion economy has quadrupled in size since the North American Free Trade Agreement. The government continues to emphasize economic .

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Abstract The study analyzed the economic of rice production in Gassol local Government area of Taraba State. Data were collected using structured questionnaires administered to respondents’ selected using multi-stage random sampling technique.

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