Risk Sources and risk management among yam Farmers in Shiroro Local Government Area of Niger State, Nigeria

Abstract

The study investigated the risk source and risk management practices among yam farmers in shiroro local government area of Niger State, Nigeria. A sample of 92 respondents was selected for the study through simple random sampling technique and data were collected using a structured questionnaire. It was found that a greater per cent of the respondent are faced with the problem of poor storage facilities, diseases, and poor market which makes them to adopt strategies like off-farm income generation, membership of association, and adoption of new technology. The study also reveals that soil management techniques, use of advanced storage facilities, membership of association, access to credit, and risk index were efficient with mean efficiency level of 0.842. The study recommends that infrastructural facilities such as good road network, and improved storage facilities. Extension programme should be improved on, and use of improved seedlings should be encouraged among farmers in the study area.

Publication
14th National Conference of the Nigerian Association of Agricultural Economists, School of Agriculture and Agricultural Technology, The Federal University of Technology, Akure between 24th and 28th February
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Risk Production Stochastic frontier Efficiency
Job Nmadu
Professor of Agricultural Economics and Dean, School of Agriculture and Agricultural Technology

Research interests are economic efficiencies of small scale farming and welfare effects of agricultural interventions.

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