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- ItemEconomic Analysis of Nigerian Live Ornamental Fish Export(BADEGGI JOURNAL OF AGRICULTURAL RESEARCH AND ENVIRONMENT, 2020-08-19) Ambali, O. Y; Ayinde, O. E; Taofeekat Temitope SulaimonNigeria is undoubtedly endowed with mammoth species of ornamental fish that are of high premium and command a better price in the world market. Thus, this study examined the export of Nigerian live ornamental fish from economic stand point with the aims of evaluating the structural distribution of the commodity traded among the ornamental fish exporters, determining the profitability of ornamental fish export and examining the factors influencing ornamental fish trade at the firm level.The sampling frame for the study was the registered members of the Association of Ornamental fish Farmers and Exporters of Nigeria (AOFFEN). A random sampling technique was used to elicit data from the respondents in July 2017. Primary data were collected using well-structured questionnaires administered to 40 randomly selected respondents. Data were analysed using descriptive statistics, marketing margin analysis, return on investment, Lorenz curve, Gini coefficient and multiple regression analysis. Results of the analysis revealed that the estimated average marketing margin per box of ornamental fish export was $74.04 and the distribution of traded commodities among the fish exporters was oligopolistic with Gini coefficient of 0.75. Firm size, trading experience, number of countries traded with and number of commodities traded significantly (0<0.05) determined the level of export. From this study, it may be suggested that measures to create a more competitive market among live fish exporters should be put in place.
- ItemCheese marketing amongst marketers in Kwara state, Nigeria: An economic analysis approach(International Journal of Agricultural Economics and Rural Development, 2021-08-20) Taofeekat Temitope Sulaimon; Nofiu Babatunde NofiuThis study assessed the economics of cheese marketing amongst marketers in Kwara State. Specifically, the study examined the costs and returns to cheese marketing, assessed the market efficiency of cheese marketing, determined the marketing margins, described the structure of the cheese market and determined the factors influencing net returns of cheese marketing among marketers in the study area. A three stage sampling technique was employed in the selection of 120 cheese marketers. Data were collected using an interview schedule. Descriptive statistics, marketing efficiency model, marketing margin, Herfindahl Index, and multiple regression analysis were employed. The study revealed a monthly gross margin of N107, 778 with a marketing efficiency of 184.9% which implied that the marketing activities were efficiently implemented. The Herfindahl index value of 0.012 revealed a modest and sparsely populated cheese market. The estimated average marketing margin was N58.3 per kg of cheese. N102, 038 was revealed as the net income on cheese marketing on monthly basis with rate of return on investment (RORI) of 0.59. Therefore, cheese marketing is feasible, lucrative and investment worthy. The purchase cost (p<0.05), spoilage cost (p<0.01), storage cost (p<0.01) and marketing margin (p<0.01) were the statistically significant variables determining the net returns to cheese marketing among marketers in the study area. The study recommended the improvement of storage facilities to reduce spoilage and increase efficiency which could attract more able-bodied youth to work and invest in the industry.
- ItemInformal Sector and Financial Development in Sub-Saharan Africa(Pakistan Journal of Humanities and Social Sciences, 2023-12-28) Sodiq Olaiwola Jimoh; Rashidat Sumbola Akande; Hauwah AbdulKareem; Odunayo Bidemi Jimoh; Taofeekat Temitope Sulaimon; Yusuf Toyin Yusuf; Israel Adegboye; Aminat Mama UsmanSince a persistent increase is seen in the size of the informal sector and its continuous coexistence alongside the formal sector and institutional development, this study empirically examines the effect of informal sector size on the financial development in Sub-Saharan Africa for the period 1996-2019. The study represents financial market development by the financial market depth, which is regressed against informal sector size, growth rate of GDP, interest rate, trade openness, and institutional quality index. The study relied on the estimates of the Discroll-Kraay and IV-2LS. Results indicate that informality repressed financial development, while trade openness, growth rate of gross domestic product, interest rate, and institutional quality have a positive impact on financial development. It is therefore recommended for policymakers to reduce the size of informality to improve the financial sector.
- ItemSpatial soil variability and precision management strategies for optimizing maize productivity in Kwara State, Nigeria(Agriculture, Food and Natural Resources Journal, 2024-09-30) Adesina Abudlkabir WAHAB, Olayinka Jelili YUSUF, Taofeekat Temitope NOFIU, Adebayo Abayomi OLOWOAKE, Ibrahim Usman YAMANAgriculture is critical to the economies of most states in Nigeria, Kwara included, with maize being an important food crop. However, geographic variation in soil qualities and inconsistencies in maize yields across the states are becoming increasingly concerning. The spatial variability of major soil physical and biological properties in Asa and Moro Local Government Areas (LGAs) was investigated utilizing a cross-sectional design, current Geographic Information Systems (GIS), and geostatistical approaches. Soil samples were collected at 70 geo-referenced locations and analyzed for texture, bulk density, porosity, moisture content, microbial biomass, and organic carbon. Data were mapped using ArcGIS 10.7 to assess spatial trends and identify management zones. The results revealed significant differences between the two LGAs. Asa LGA had higher moisture content (46.74%), porosity (49%), organic carbon (1.6%), and phosphorus (24.5 mg/kg) but lower pH (5.4 in water; 4.5 in CaCl2) and higher erosion risks. Moro LGA, by contrast, showed higher pH (6.4 in water; 5.3 in CaCl2), bulk density (1.29 gcm-3), and hydraulic conductivity (23.5 mmhr-1). Tailored management strategies, such as lime application in Asa and organic amendments in Moro, are crucial. These findings highlight the need for precision agriculture and site-specific management strategies in addressing soil variability and maximizing resource usage and maize yields in both LGAs.
- ItemGender, Regulation Efficiency and Informal Employment in Sub-Saharan Africa(Pakistan Journal of Humanities and Social Sciences, 2021-06-30) Rashidat Sumbola Akande; Hauwa KK Abdul Kareem; Taofeekat T SulaimonRegulation efficiency is essential in addressing the growing informal sector in developing countries because informality thrives with an inefficient legal and regulatory framework of an economy. This paper, therefore, seeks to explore the effect of regulations on informal employment across a panel of 36 sub-Saharan Africa from 2005 to 2018. The study includes both the business and labour aspects of regulation to analyse the effect. The fixed effect and GMM method of panel regression analysis was adopted to achieve the objective of the study. The result suggests that an increase in labour regulation efficiency is associated with a reduction in informal employment while there exists no significant relationship between efficient business regulation and informal employment. The study further investigates how the outcomes affect both genders and the output. The study suggests that efficient labour regulation is gender-specific, as the result is only consistent for the male. It is therefore imperative to incorporate more female gender-specific incentives in the social and labour regulations to compensate for the imbalance of social roles of women that may affect their choice to work in the formal or informal sector.