Article Number: DRJAFS80976210

DOI: https://doi.org/10.5281/zenodo.3558498

ISSN: 2354-4147

Vol.7 (12), pp. 345-349 December 2019

Copyright © 2019

Author(s) retain the copyright of this article


Original Research Article

Profitability of honey production in Ogun State, Nigeria

*Ogunola A. A.

Agunbiade M. O.

Oluwalana E. O.


Abstract

The study was carried out in Ogun State. The study analyzed the profitability of honey production in the study area. Information was elicited from 120 respondents by simple random sampling with the aid of a well-structured questionnaire and interview schedule from where input and output data were obtained. The data collected were analyzed using descriptive statistics and budgetary techniques analysis. The result of the socio-economic variables showed that 41.7% of the respondents were within a productive age-range of 41-50 years. It further revealed that there was gender insensitivity and discrimination (between male and female) in honey production because 79.2% were males while 21.8% were female. Honey production in the study area is profitable as a beekeeper on the average realizes 120 liters of honey per production cycle and a net farm income of N131695.01. Also, a return on investment per naira was N1.56. The identified prominent problems include pests and predators, theft of hives and honey, the inadequacy of bee equipment and inadequate capital. The study, therefore, concluded that as honey production attracts the attention of a greater percentage of the populace these days because of its profitability and a viable complementary activity/quick returns.


Keywords: Profitability, honey, production, investment


 Received: October 29, 2019  Accepted: November 21, 2019  Published: December 30, 2019

Ogunola Et Al


Copyright © 2019 Direct Research Journal of Agriculture and Food Science