Operational Activities of Cocoa Export Processing Factories in Ondo State, Nigeria

Akinfolarin, Adedamola Olanrewaju; Oseni, Joseph Olumide; Imoudu, P. B.

doi:10.1080/09766898.2012.11884679

Cited by 3 publications

(2 citation statements)

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“…This is an indication that the incidence of pilfering will reduce the values of gross margin and total revenue by N912.45 and N9,345.23 respectively in the area. Therefore, Akinfolarin et al (2012) examined the operational activities of cocoa export processing factories in Ondo State, Nigeria and found out that cocoa export processing factories are operating at a loss partly due to the highly capital intensive nature of cocoa processing. vehicle.…”

Section: Determinants Of Cocoa Marketing Performance In the Study Areamentioning

confidence: 99%

“…In addition, Anyanwu et al (2003), stated that cocoa are perishable produce and the farmers may not have the technology to process and preserve them, the entire products are offered for marketing immediately, price are forced down and the farmers may not be adequately rewarded for their labour. Again, Akinfolarin et al (2012) examined the operational activities of cocoa export processing factories in Ondo State, Nigeria and revealed that cocoa processing companies are confronted with a variety of challenges ranging from high cost of production including that of unpredictable and fluctuating prices of raw cocoa beans, inevitably high and additional cost of generators and diesel resulting from epileptic power supply to lack of funds when needed. The above results affirmed that cocoa marketers are facing several challenges that are negatively affecting the performance of cocoa marketing in the area.…”

Section: Determinants Of Cocoa Marketing Performance In the Study Areamentioning

confidence: 99%

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Performance evaluation of cocoa marketing in Osun State, Nigeria

Oseni

Olutumise

2018

JES

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This paper appraised cocoa marketing performance in Osun State, Nigeria. The study specifically examined the costs and returns associated with cocoa marketing, and determined factors affecting cocoa marketing performance in the area. Primary data were used and collected through a well structured questionnaire and focus group discussion session. A multistage sampling procedure was employed to randomly select 120 respondents for the study. The analytical tools used were: descriptive statistics, budgetary analysis and Seeming Unrelated Regression Equation (SURE).The results of costs and returns using budgetary analysis showed that cocoa marketing is a profitable enterprise with a Return on Investment (ROI) of 1.36 which implies that cocoa marketer will realize 36Kobo on each naira expended. Again, percentage profit of over 35% further confirmed that cocoa marketing is a highly profitable venture in the study area. The SURE results showed that age of the cocoa marketers, marital status, household size, years of education, years of marketing experience, marketer institution group, depreciation cost on fixed inputs, number of stores, cost of labour, cost of transportation, season of sales, cocoa bean quality and incidence of theft were statistically significant factors affecting performance of cocoa marketing in the study area.

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Section: Determinants Of Cocoa Marketing Performance In the Study Areamentioning

confidence: 99%

Section: Determinants Of Cocoa Marketing Performance In the Study Areamentioning

confidence: 99%

Performance evaluation of cocoa marketing in Osun State, Nigeria

Oseni

Olutumise

2018

JES

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Impact of compliance with European Union (EU) regulations on the income of actors along the cocoa supply chain in Osun state, Nigeria

Akande,

Tijani,

Kehinde

et al. 2023

Sustainable Futures

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Agricultural Policy and Political Governance in Nigeria: Fiscal Sociology and the Challenges of a Rent-Seeking Economy

Olaiya¹

2020

JESD

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Given declining soil fertility and agricultural productivity in Sub Saharan Africa, depletion of naturally occurring source of nutrients, increased cost of fertilizer and increasing levels of poverty demand that, alternative and more sustainable solutions such as fortifier fertilizer be sought to enhance agricultural productivity. However, information about farmer willingness to pay is not widely reported. This study explores farmers' determinant of willingness to pay for enriched excreta pellets in Ghana in order to inform policymakers and industry participants of some of the implications in the market. Data was collected from 400 randomly sampled farming types were conducted in Northern and Ashanti regions using a written questionnaire and an iterative bidding game contingent valuation method. Applying the logit model, results show that, age, annual household income, head of household, current land holding, positive knowledge, attitude and perception (KAP) and negative KAP are strong predictors of willingness to pay (WTP) for fortified enriched pellets for the combined regions. The information in this study can be used by probable investors, producers and marketers of fortified enriched excreta pellets to develop formidable marketing strategies in their efforts to boost demand for fortified excreta pellets in the face of rising competition in the fertilizer market.

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Operational Activities of Cocoa Export Processing Factories in Ondo State, Nigeria

Cited by 3 publications

References 1 publication

Performance evaluation of cocoa marketing in Osun State, Nigeria

Performance evaluation of cocoa marketing in Osun State, Nigeria

Impact of compliance with European Union (EU) regulations on the income of actors along the cocoa supply chain in Osun state, Nigeria

Agricultural Policy and Political Governance in Nigeria: Fiscal Sociology and the Challenges of a Rent-Seeking Economy

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