Socio-economic Analysis of Cassava Production in Akinyele Local Government Area of Oyo State, Nigeria

Abstract

This study examined the socio-economic analysis of cassava production in Akinyele Local Government Area of Oyo State. A multi-stage sampling procedure was used to select eighty cassava farmers from the study area. Primary data were collected with the aid of questionnaires. The data were analyzed using descriptive statistics, gross margin analysis, and regression model. The result showed that 56.3% of the respondents were male, 61.2% were married, while 45% of the respondent had no formal education. The result showed a gross margin of ₦4,000,210 and the net income obtained from cassava production was ₦3,745,110. The result of the linear regression result revealed that labour, farm size, and cassava varieties are significant with cassava output at (P< 0.05). Insufficient working capital (93.1%) and lack of storage facilities are the major problems limiting cassava production in the study area. It is therefore recommended that cassava farmers should be provided with credit facilities and storage systems. This will solve the major problems militating against cassava production in the study area.