Volume 6, Issue 3, September 2020, Page: 43-48
Effect of Anchor Borrowers Programe (ABP) on Profitability and Income of Beneficiary Rice Farmers in Kebbi State, Nigeria
Gona Ayuba, Department of Agricultural Economics and Extension, Kebbi State University of Science and Technology, Aliero, Nigeria
Mahmud Abba, Department of Agricultural Economics and Extension, Kebbi State University of Science and Technology, Aliero, Nigeria
Ogolekwu Alhaji Isaiah, Department of Agricultural Economics and Extension, Kebbi State University of Science and Technology, Aliero, Nigeria
Maikasuwa Mohammed Abubakar, Department of Agricultural Economics and Extension, Kebbi State University of Science and Technology, Aliero, Nigeria
Kaka Yahaya, Department of Agricultural Economics and Extension, Kebbi State University of Science and Technology, Aliero, Nigeria
Received: May 4, 2020;       Accepted: Jun. 11, 2020;       Published: Jul. 17, 2020
DOI: 10.11648/j.ijsdr.20200603.11      View  247      Downloads  86
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.
Keywords
Anchor Borrowers Programme, Profitability, Income, Rice Farmers
To cite this article
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, International Journal of Sustainable Development Research. Vol. 6, No. 3, 2020, pp. 43-48. doi: 10.11648/j.ijsdr.20200603.11
Copyright
Copyright © 2020 Authors retain the copyright of this article.
This article is an open access article distributed under the Creative Commons Attribution License (http://creativecommons.org/licenses/by/4.0/) which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited.
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