Abstract
This study examined the economic assessment of yam production in Kabba- Bunu Local Government Area of Kogi State, Nigeria. Data used for the study were obtained using structured questionnaire. The questionnaire was administered to 150 randomly selected yam farmers in the area. Descriptive statistics, multiple regression and gross margin (GM) analysis were used to analyze the data. The regression result showed that, farm income (2.778), age (1.820) and education level (2.334) have significant effects on yam output in the area. The GM analysis also revealed that, yam production is profitable in the study area with an average profit of N 121,200 ha-1. It was therefore recommended that, farm inputs be made available to farmers at subsidized prices as a way of improving income from yam production. Key words: Yield, profit, farmers, variables and socioeconomic.
Highlights
Yam (Dioscorea spp.) is an annual tuber and monocotyledonous crop
The plant Genus comprises of over 600 species with only 10 species producing edible tuber. Six of these edible species are cultivated in Africa and only 3 of them are available in Nigeria
Though the area cultivated to yam production is still being increased, production growth rate declined tremendously from average of 27.5% between 1986 and 1990 to 3.5% in the period between 1991 and 1999 (FAO, 2002)
Summary
Yam (Dioscorea spp.) is an annual tuber and monocotyledonous crop. The plant Genus comprises of over 600 species with only 10 species producing edible tuber. The place of yam in the diet of Nigerians cannot be overemphasized It contribute more than 200 dietary calories daily, for more than 150 million people in West Africa as well as serving as an important source of income (Babaleye, 2003). About 25% of the annual yam harvest is used as seed yam (Kushwaha and Polycarp, 2001) This situation has caused yam cultivation to suffer a severe setback due to high cost of production. It is in light of these problems that, the study assessed the economic performance of yam production in Kabba-Bunu Local Government Area of Kogi State, Nigeria
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