Economic Analysis Of Non Timber Forest Products In Ibarapa East Local Government Area, Eruwa, Oyo State, Nigeria

International Journal of Economics and Management Studies

© 2019 by SSRG - IJEMS Journal

Volume 6 Issue 8

Year of Publication : 2019

Authors : Olapade-Ogunwole, Folayimi , Ojedokun, IdrisKayode , Ganiyu, MuibatOmolara

10.14445/23939125/IJEMS-V6I8P117

How to Cite?

Olapade-Ogunwole, Folayimi , Ojedokun, IdrisKayode , Ganiyu, MuibatOmolara, "Economic Analysis Of Non Timber Forest Products In Ibarapa East Local Government Area, Eruwa, Oyo State, Nigeria," SSRG International Journal of Economics and Management Studies, vol. 6,  no. 8, pp. 157-161, 2019. Crossref, https://doi.org/10.14445/23939125/IJEMS-V6I8P117

Abstract:

Non-timber forest products (NTFPs) have attracted considerable global interest in recent years due to increasing recognition of their contribution to household economics and food security, and to environmental objectives such as the conservation of biological diversity. The study examined economic analysis of NTFPs by rural farmers in Ibarapa East local government area, Eruwa, Oyo state, Nigeria. Specifically, the study described the farmer’s socio-economic characteristics, cost and returns on NTFPs, types of NTFPs available and challenges facing, NTFPs in the study area. Multistage random sampling procedure was used to select 90 farmers who were interviewed with the aid of structured questionnaire. The data were analyzed with descriptive, gross margin analysis and linear regression model.
                The result showed that majority (67.3%) of the respondents were male, 53.5%  of the respondent’s secondary school education, the mean age was 46 years and the mean household size was 6 individuals, 67.0% of the respondents had between 11 – 20 years of experience of extracting non-timber forest products, only 3.4%  of the respondents had access to credit. Furthermore, 81.8% of the respondents involved in extraction of snail as their non-timer forest products, 73.9% involved in extraction of fruit/spices, 63.6% involved in extraction of locust bean, 61.4% involved in killing of bush meat, 45.5% involved in felling of firewood, 44.3% involved in extraction of medicinal plants, 43.2% involved in harvesting of palm fruit, 38.6% involved in extraction of honey, 22.7% of the respondent involved in extraction of palm wine as their non-timber forest products. Also, 30.7% of the respondents realized between less or equal to N50,000 annually from the sale of non-timber forest products, 28.4% realized between N50,100 – 100,000 from the sale of non-timber forest products, 25.0% realized between realized between N100,100 – 150,000 annually from the sale of non-timber forest products while 5.9% of the respondent realized between  >N150,100 annually from the sale of non-timber forest products. Based on the benefit cost ration, for very N1.00 invested in the non-timber forest products by the respondent N1.38 will be returned back to the respondents. It was also revealed that 65.9% of the respondents encountered problem of poor transportation, 68.2% encountered problem of poor or lack of storage facilities, 89.8% encountered problem of bush burning, 93.2% encountered problem of security, 90.9% encountered problem of over exploitation of the NTFPs, 67.0% encountered problem of long distance from the forest, 81.8% encountered problem of deforestation. The result of the regression analysis showed that, Sex is positively significant at 5% level, age is negatively significant at 10% years spent in school is positively significant at 1%  level, years of extraction in non-timber forest products and household size is positively significant at 5% level while access to credit and transportation cost is negatively significant at 5%.
                In conclusion, marketable NTFPs can provide an important means for economic growth and sustainable forest management in local communities. Basic information regarding NTFPs is necessary for communities to make optimal use of their natural resource. It is therefore important to have knowledge about NTFPs since they can be developed as a means to economic growth and forest resources conservation.
 

Keywords:

Non-timber forest products, Oyo Stare, cost and returns.

References:

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