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Effect of Anchor Borrowers Programe (ABP) on Profitability and Income of Beneficiary Rice Farmers in Kebbi State, Nigeria

Received: 4 May 2020     Accepted: 11 June 2020     Published: 17 July 2020
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Abstract

The study examined the effect of Anchor Borrowers Programme on Profitability and Income of Anchor Borrowers Programme (ABP) beneficiary rice farmers in Kebbi State, Nigeria. A Multistage sampling technique was used to select 500 ABP beneficiary and non-beneficiary rice farmers each giving a sample size of 1000. A well- structured questionnaires were administered to ABP beneficiary and non-beneficiary rice farmers for data collection. Data were analyzed using Descriptive Statistics, Net Farm Income Analysis, Gini-Coefficient and Lorenz Curve. Net Farm Income analysis revealed that both ABP beneficiary and non-beneficiary rice farmers realized net returns of N150, 827.62 and N62, 294.37, respectively per hectare, suggesting that both farmers realized profit. However, rate of return on investment for the two categories of farmers revealed that for every N1.00 invested, ABP beneficiary rice farmers realized N 2.04 while the non-beneficiary rice farmers realized N1.45. The high gain among the ABP beneficiary rice farmers suggest that ABP enhances the profit of the beneficiary rice farmers. Results further revealed Gini-coefficient values of 0.4152 and 0.7012 for beneficiary and non-beneficiary rice farmers, respectively. The result showed that income was more evenly distributed among the beneficiary rice farmers, suggesting that ABP enhances the income of the beneficiary farmers when compared with the non-beneficiary farmers. It is recommended that since ABP enhances the profitability and income of the beneficiary rice farmers, the program should be pursued vigorously in other States in order to improve the living condition of farmers in Nigeria. It is recommended that policies should be tailored towards inclusion of more farmers to benefit from ABP intervention.

Published in International Journal of Sustainable Development Research (Volume 6, Issue 3)
DOI 10.11648/j.ijsdr.20200603.11
Page(s) 43-48
Creative Commons

This is an Open Access article, distributed under the terms of the Creative Commons Attribution 4.0 International License (http://creativecommons.org/licenses/by/4.0/), which permits unrestricted use, distribution and reproduction in any medium or format, provided the original work is properly cited.

Copyright

Copyright © The Author(s), 2020. Published by Science Publishing Group

Keywords

Anchor Borrowers Programme, Profitability, Income, Rice Farmers

References
[1] Food and Agriculture Organization Statistics, FAOSTAT, (2017). World Wheat, Corn and Rice. Retrieved on 26/12/2017 From: http://www.nue.okstate.edu/crop_information /world _wheat_production.htm.
[2] Usman, A. (2011). Analysis of Technical Efficiency and Its Determinants among Small Scale Rice Farmers in Niger State. Unpublished MSc. Dissertation. Department of Agricultural Economics and Rural Sociology, Ahmadu Bello University, Zaria, Nigeria.
[3] Oyewole, S. O. and E. S. Ebukiba (2010). Analysis of Technical Efficiency and its Determinants among Small Scale Rice Farmers in Lafia Local Government Area of Nasarawa State, Nigeria. Agriculture and Biology Journal of North America.
[4] National Bureau of Statistics (2013) Annual Abstract of Statistics 2007. Federal Republic of Nigeria, Abuja. Retrieve https://nigerianstat.gov.ng/elibrary.
[5] Food and Agriculture Organization (FAO) (2001). Rice Statistics. Website http://www.Riceweb.org.
[6] Bank of Agriculture (BOA) (2016): The Anchor Borrowers’ Programme: Implementation for Sustainability. Paper Presented at the Central Bank of Nigeria, Development Finance Department Workshop, October, 12-13.
[7] Evbuomwan, G. O. and Okoye, L. U. (2017). Agricultural Value Chain Financing and Small Scale Farmers in Nigeria: The Pre-requisites. Proceedings of the 10th Africa Farm Management Association Conference Held in Mauritius, from 20–24 November.
[8] National Population Commission (NPC) (2006). Population figure. Federal Republic of Nigeria, Abuja. Retrieval from https://www.npc.gov.ng.
[9] Bashir, M. and Gona, A. (2014). Effect of Bank of Agricultures’ Micro Credit on Resource Productivity of Crop Farmers in Kebbi State, Nigeria. Equity Journal of Science and Technology, 2 (1): 74–80.
[10] Yusuf, M. (2013) Resource Productivity, Profitability and Determinants of Technical Efficiency in Rain fed Lowland Rice Production System in Sokoto State, Nigeria. A PhD Pre defense Seminar Paper Presented to the Department of Agricultural Economics and Extension, Usmanu Danfodio University, Sokoto. 83pp.
[11] Idowu, A. O., Akerela, I. and O. Ezekiel (2009). Profitability Level of Upland Rice Production in Ilaro Agricultural Zone of Ogun State, Nigeria. Proceedings of the 23rd Annual Conference of the Farm Management Association of Nigeria, Sokoto. Pp 317-322.
[12] Charles, A. A. (2003). Adoption of Animal Traction Technology in the Builsa District of upper East region of Ghana. Published M. Phil Thesis submitted to the Department of Agricultural Extension University of Ghana, Legon. http://ugspace.ug.edu.gh.
[13] Gona, A. and Mohammed, H. K (2019). Role of Animal Traction Technology on Profitability and Income of Small Scale Farmers in Kebbi State, Nigeria. International Journal of Current Research. Vol. 11 (8).
[14] Suleiman, A. A., Garba, M. and Mohammed, S. (2017). Constraints of Women’s Access to Farm Credits in Bauchi Metropolis, Nigeria: An Impediment to Agripreneurship Development. Proceedings of the 31st Annual Conference of Farm Management Association of Nigeria, Bauchi 2017. Pp 780–785.
[15] Onuwa, G. C., Yitnoe, G., Babatope, O. I. and Chizea, C. I. (2017). Analysis of Factors Influencing Agricultural Credit Demand by Farmers in Bokkos Local Government of Plateau State, Nigeria. Proceedings of the 31st Annual Conference of Farm Management Association of Nigeria, Bauchi 2017. Pp 795–800.
[16] Sasa, S. A. and Umar, D. (2017). Determinants of Credit Facility for Women Agricultural Entrepreneurs in Gombe Microfinance Bank in Gombe Metropolis, Gombe State, Nigeria. Proceedings of the 31st Annual Conference of Farm Management Association of Nigeria, Bauchi 2017. Pp 787–794.
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    Gona Ayuba, Mahmud Abba, Ogolekwu Alhaji Isaiah, Maikasuwa Mohammed Abubakar, Kaka Yahaya. (2020). Effect of Anchor Borrowers Programe (ABP) on Profitability and Income of Beneficiary Rice Farmers in Kebbi State, Nigeria. International Journal of Sustainable Development Research, 6(3), 43-48. https://doi.org/10.11648/j.ijsdr.20200603.11

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    ACS Style

    Gona Ayuba; Mahmud Abba; Ogolekwu Alhaji Isaiah; Maikasuwa Mohammed Abubakar; Kaka Yahaya. Effect of Anchor Borrowers Programe (ABP) on Profitability and Income of Beneficiary Rice Farmers in Kebbi State, Nigeria. Int. J. Sustain. Dev. Res. 2020, 6(3), 43-48. doi: 10.11648/j.ijsdr.20200603.11

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    AMA Style

    Gona Ayuba, Mahmud Abba, Ogolekwu Alhaji Isaiah, Maikasuwa Mohammed Abubakar, Kaka Yahaya. Effect of Anchor Borrowers Programe (ABP) on Profitability and Income of Beneficiary Rice Farmers in Kebbi State, Nigeria. Int J Sustain Dev Res. 2020;6(3):43-48. doi: 10.11648/j.ijsdr.20200603.11

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  • @article{10.11648/j.ijsdr.20200603.11,
      author = {Gona Ayuba and Mahmud Abba and Ogolekwu Alhaji Isaiah and Maikasuwa Mohammed Abubakar and Kaka Yahaya},
      title = {Effect of Anchor Borrowers Programe (ABP) on Profitability and Income of Beneficiary Rice Farmers in Kebbi State, Nigeria},
      journal = {International Journal of Sustainable Development Research},
      volume = {6},
      number = {3},
      pages = {43-48},
      doi = {10.11648/j.ijsdr.20200603.11},
      url = {https://doi.org/10.11648/j.ijsdr.20200603.11},
      eprint = {https://article.sciencepublishinggroup.com/pdf/10.11648.j.ijsdr.20200603.11},
      abstract = {The study examined the effect of Anchor Borrowers Programme on Profitability and Income of Anchor Borrowers Programme (ABP) beneficiary rice farmers in Kebbi State, Nigeria. A Multistage sampling technique was used to select 500 ABP beneficiary and non-beneficiary rice farmers each giving a sample size of 1000. A well- structured questionnaires were administered to ABP beneficiary and non-beneficiary rice farmers for data collection. Data were analyzed using Descriptive Statistics, Net Farm Income Analysis, Gini-Coefficient and Lorenz Curve. Net Farm Income analysis revealed that both ABP beneficiary and non-beneficiary rice farmers realized net returns of N150, 827.62 and N62, 294.37, respectively per hectare, suggesting that both farmers realized profit. However, rate of return on investment for the two categories of farmers revealed that for every N1.00 invested, ABP beneficiary rice farmers realized N 2.04 while the non-beneficiary rice farmers realized N1.45. The high gain among the ABP beneficiary rice farmers suggest that ABP enhances the profit of the beneficiary rice farmers. Results further revealed Gini-coefficient values of 0.4152 and 0.7012 for beneficiary and non-beneficiary rice farmers, respectively. The result showed that income was more evenly distributed among the beneficiary rice farmers, suggesting that ABP enhances the income of the beneficiary farmers when compared with the non-beneficiary farmers. It is recommended that since ABP enhances the profitability and income of the beneficiary rice farmers, the program should be pursued vigorously in other States in order to improve the living condition of farmers in Nigeria. It is recommended that policies should be tailored towards inclusion of more farmers to benefit from ABP intervention.},
     year = {2020}
    }
    

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  • TY  - JOUR
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    AU  - Gona Ayuba
    AU  - Mahmud Abba
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    AU  - Maikasuwa Mohammed Abubakar
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    DO  - 10.11648/j.ijsdr.20200603.11
    T2  - International Journal of Sustainable Development Research
    JF  - International Journal of Sustainable Development Research
    JO  - International Journal of Sustainable Development Research
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    EP  - 48
    PB  - Science Publishing Group
    SN  - 2575-1832
    UR  - https://doi.org/10.11648/j.ijsdr.20200603.11
    AB  - The study examined the effect of Anchor Borrowers Programme on Profitability and Income of Anchor Borrowers Programme (ABP) beneficiary rice farmers in Kebbi State, Nigeria. A Multistage sampling technique was used to select 500 ABP beneficiary and non-beneficiary rice farmers each giving a sample size of 1000. A well- structured questionnaires were administered to ABP beneficiary and non-beneficiary rice farmers for data collection. Data were analyzed using Descriptive Statistics, Net Farm Income Analysis, Gini-Coefficient and Lorenz Curve. Net Farm Income analysis revealed that both ABP beneficiary and non-beneficiary rice farmers realized net returns of N150, 827.62 and N62, 294.37, respectively per hectare, suggesting that both farmers realized profit. However, rate of return on investment for the two categories of farmers revealed that for every N1.00 invested, ABP beneficiary rice farmers realized N 2.04 while the non-beneficiary rice farmers realized N1.45. The high gain among the ABP beneficiary rice farmers suggest that ABP enhances the profit of the beneficiary rice farmers. Results further revealed Gini-coefficient values of 0.4152 and 0.7012 for beneficiary and non-beneficiary rice farmers, respectively. The result showed that income was more evenly distributed among the beneficiary rice farmers, suggesting that ABP enhances the income of the beneficiary farmers when compared with the non-beneficiary farmers. It is recommended that since ABP enhances the profitability and income of the beneficiary rice farmers, the program should be pursued vigorously in other States in order to improve the living condition of farmers in Nigeria. It is recommended that policies should be tailored towards inclusion of more farmers to benefit from ABP intervention.
    VL  - 6
    IS  - 3
    ER  - 

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Author Information
  • Department of Agricultural Economics and Extension, Kebbi State University of Science and Technology, Aliero, Nigeria

  • Department of Agricultural Economics and Extension, Kebbi State University of Science and Technology, Aliero, Nigeria

  • Department of Agricultural Economics and Extension, Kebbi State University of Science and Technology, Aliero, Nigeria

  • Department of Agricultural Economics and Extension, Kebbi State University of Science and Technology, Aliero, Nigeria

  • Department of Agricultural Economics and Extension, Kebbi State University of Science and Technology, Aliero, Nigeria

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