Journal of Agricultural Economics and Development
Journal of Agricultural Economics and Development Vol. 6(6), pp. 050-055, August 2017 ISSN 2327-3151 ©2017 Academe Research Journals
Full Length Research Paper
Impact of access to credit on Poultry farmer’s performance in Ikenne local government area of Ogun state, Nigeria.
Gibson Chioma1 Osagie Afodu*2, Funso Akinboye3, Lois Ndubuisi-Ogbonna3, and Damilola Ogunnowo2
1Department of Animal Science, School of Agriculture and Industrial Technology, Babcock University, Ilishan-Remo, Ogun State, Nigeria.
2Department of Agricultural Economics and Extension, School of Agriculture and Industrial Technology, Babcock University, Ilishan-Remo, Ogun State, Nigeria.
3Department of Agronomy and Landscape Design, School of Agriculture and Industrial Technology, Babcock University, Ilishan-Remo, Ogun State, Nigeria.
Corresponding author. E-mail: firstname.lastname@example.org
Accepted 19 July, 2017
The study examined the impact of access to credit on poultry farmer’s performance in Ikenne local government area of Ogun state, Nigeria. A sample of one hundred and six (106) poultry farmers was randomly selected from the study area through structured questionnaires. The data analysis was based on the complete responses from the respondents. The data were analyzed using descriptive statistics and linear regression. It was observed from the results that male farmers (75.5%) dominated the poultry enterprise, majority (95.3%) of the farmers were below 50 years of age. The farmers had at least primary education. Majority (70.8%) of them had minimum of 5 years farming experience. The regression results show that education, farming experience, extension services and belonging to association significantly contributed to access to credit by the poultry farmers. The results therefore calls for farm level policies aimed at intensifying extension services among the farmers to help in accessing loans and also on the new ideal and recent innovation on the enterprise. In addition, compulsory universal education policies of the federal government should be strongly upheld; to enable farmers allocate their resources more efficiently.
Keywords: Poultry farming; Access, Credit, Farmers, Performance
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