Articles on Google by:
E. O. Abolagba*O. O. Abolagba
T. U. Esekhade
B. N. Agbonkpolor
E. S. Osazuwa
H. Y. Umar
E. Musa
Original Research Article
Decline in Activities in Nigeria Rubber Industry: A Case For Government Intervention
E. O. Abolagba* |
O. O. Abolagba |
T. U. Esekhade |
B. N. Agbonkpolor |
E. S. Osazuwa |
H. Y. Umar |
E. Musa |
Article Number: DRJA13954476
DOI:
ISSN: 2354-4147
Vol.4 (10), pp. 294-299, October 2016
Copyright © 2016
Author(s) retain the copyright of this article
Abstract
This Paper examined the decline in activities in the rubber industry. Specifically the Paper highlighted activities in the area of production, processing factory and hectarage planted to natural rubber. Primary and secondary data were used. The data revealed a fluctuating pattern in production of natural rubber, the hectarage also revealed a reduction in hectarage planted to rubber from 247,000 ha in the 1970s to 103,313 ha in 2016. Number of processing factories has equally reduced from 57 to 41.The suggested intervention among others is the need to urgently embark on systematic rehabilitation/replanting of at least 25 per cent or more of the existing plantations over the next 3 years.
Key words: Decline, Rubber, Industry, InterventionReceived: August 8, 2016 Accepted: August 22, 2016 Published: September 10, 2016