Effect of Insurgency on Cattle Markets in Northeast Nigeria: Appraisal of Kasuwan Shanu Cattle Market, Maiduguri, Borno State

Hassan Mohammed,Funmilola F Ahmed,Abdulkabir N Adedeji

doi:10.11648/j.sr.20200805.11

Abstract

The decade attacks of Boko Haram insurgent has left many people displaced and destroyed many lives and properties in the Northeast Nigeria. However, little attention is paid to the degree at which this conflict has affected influential business activities especially cattle supply. The study examined the effect of Boko Haram insurgency on cattle marketers in Kasuwan Shanu, Maiduguri, Borno State. A structured questionnaire was designed to gather primary data from selected cattle marketers. Descriptive statistics and business budget model were used for data analysis. Furthermore, percentage change of employment generated by cattle marketing dropped by 100% from 2009-2014. The result showed that, before insurgency 81% of the cattle traders earned above N80,000.00 as income per month, while about 57% earned less than N80,000 during insurgency per month in study area. The result revealed that cattle supply is drastically reduced by almost 96% during insurgency. More so, the net profit per head of cattle during the insurgency was about ₦29,500, dropped from ₦51,200 before the insurgency. As the condition is currently perceived to be enabling and conducive in the state, there is need for concerted effort to be made by all the stakeholders in revamping the cattle business to return and spin-off the economy of the state.

Highlights

The decade attacks of Boko Haram insurgent has left many people displaced and destroyed many lives and properties in the Northeast Nigeria, and many business activities in the region were crumbled especially cattle business
The study further showed that for each head of cattle brought to the market, the official levy is ₦100 and loading/off loading (₦300) are the only variables that have not changed in cattle trade in the study area
The findings were in line with [17]. who’s result of profitability analysis showed that cattle business as profitable venture in the southwest part of Nigeria

Summary

Introduction

The decade attacks of Boko Haram insurgent has left many people displaced and destroyed many lives and properties in the Northeast Nigeria, and many business activities in the region were crumbled especially cattle business. Nigeria is one largest cattle producer in Sub-Saharan Africa, apart from crude oil, and largest market for cattle in the Northeast. The cattle marketing process makes possible the delivery of cattle to the buyers in the form, place and time needed. This process of bringing the cattle from where there are surpluses (production) to where there are shortages (consumption), a process known as arbitraging, needs to be fully understood to enhance the efficient working of cattle markets, which is vitally important in achieving sustainable and profitable agricultural commercialization in the livestock sub-sector in Nigeria [14, 15]. Marketing is an economic activity which stimulates further production and if efficiently done, both the producer and consumer get satisfied in the sense that the former gets a sufficiently remunerative price for the product to continue to produce, while the latter gets it Science Research 2020; 8(5): 108-114 at an affordable price that stimulates continued consumption [15]

Methods

Results

Conclusion