Socio Economic and Income Returns of Poultry (Egg) Production in Owerri North and Ikeduru Local Government Areas of Imo State, Nigeria
International Journal of Humanities and Social Science |
© 2017 by SSRG - IJHSS Journal |
Volume 4 Issue 3 |
Year of Publication : 2017 |
Authors : Ogbu Paschaline Nene and Njoku Marilyn |
How to Cite?
Ogbu Paschaline Nene and Njoku Marilyn, "Socio Economic and Income Returns of Poultry (Egg) Production in Owerri North and Ikeduru Local Government Areas of Imo State, Nigeria," SSRG International Journal of Humanities and Social Science, vol. 4, no. 3, pp. 5-12, 2017. Crossref, https://doi.org/10.14445/23942703/IJHSS-V4I3P102
Abstract:
The study examined the socio economic and income returns of poultry (egg) Production in Owerri North and Ikeduru local government area of Imo state, Nigeria. The economic analysis performed in this context describes clearly the socio economic life style of the respondents; and the obtained data was applied in solving economic problems. The results obtained from the study carried out to determine the economic analysis of poultry (egg) production in Owerri North and Ikeduru LGAs of Imo State, Nigeria showed that the farmers on average 300 poultry birds farm. They spent N 54000.00 per farm rent in a year. The poultry (egg) farmers in the study area incurred total expenditure of N 4660900.00 per farm on an average respectively. A gross income of N 16160000 .00 was generated which gives an average net income of N 11499100.00. The results obtained show that he gross income is greater than the net expenditure incurred by the farmers. This is profitable and shows that poultry (egg) farm production is economically profitable and viable. Most of the respondents complained of shortage and inconsistent supply/price of poultry live birds and egg in the market as the most challenging constraints for the growth and development of their business. It is recommended that an agency be set up by government to check and balance this negative occurrence that may deter potential farmers from developing much interest in poultry farming.
Keywords:
Poultry, Farm, Economic, Egg, Income.
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