The ripple effects of the petrol crisis on the Nigerian economy is multi-faceted: price distortions, volatilities, dutch-disease, corruption, and inefficiencies. This study assessed the effects of partial fuel subsidy removal on agricultural sector and Nigerian economy. The study made use of secondary data obtained from Central Bank of Nigeria Statistical Bulletins, Petroleum Product Price Regulatory Agency (PPPRA), National Bureau of Statistics, Benue State Agricultural and Rural Development Authority (BNARDA), and FAO. Johansen co-integration model and t-test were the analytical tools used. After appropriate robustness checks and ensuring data stationarity, the study found that partial fuel subsidy removal had significant positive influence on the country's GDP, significantly reduced inflation rate, and also reduced life expectancy of Nigerians. Specifically, a percentage increase in petrol price significantly increases GDP by 9.8%; a percentage increase in petrol price increases the prices of rice and maize by 0.75% and 1.50% respectively. The study concludes that increased petrol price had positive effects on GDP and adverse effects on the prices of crop produce. Government should diversify and develop other economies and provide adequate infrastuctural facilities to cushion the effects of subsidy removal. Organic and low-input methods of farming should be adopted to reduce the need for fuel inputs to the food system at all levels.
The study analyzed feeds type used among poultry farmers in Makurdi local Government area of Benue State, Nigeria. Multi-stage sampling was used to select 100 respondents for the study. Data for the study was collected from primary source with the aid of a well-structured questionnaire and analyzed using descriptive and inferential statistics. Results revealed that, majority (72.0%) of the respondents were females, with a mean age of 36.6 years and mean educational level of 14.45 years; majority of the respondents (61.0%) used hybrid feed for poultry production; Vital, Top and Amo feeds had increased returns in poultry production; choice of feed type used by respondents was based mostly (74%) on recommendation by others. The result further revealed that, number of chicks (P≤0.01) had significant influence on poultry output. It was recommended that Vital, Top and Amo feeds should be used by poultry famers for greater returns and farmers should be encouraged to expand their farm size hence number of chicks for more output.
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