Enterprise Combination in Livestock Sector in Southwestern, Nigeria

Olasunkanmi Moses Bamiro; Israel Ajibade Adedeji; Abiodun Olarewaju Otunnaiya; Wale Soluade; Joseph Olufemi Ogunjobi

doi:doi:10.11648/j.jwer.20150402.13

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Enterprise Combination in Livestock Sector in Southwestern, Nigeria

Olasunkanmi Moses Bamiro, Israel Ajibade Adedeji, Abiodun Olarewaju Otunnaiya, Wale Soluade, Joseph Olufemi Ogunjobi

Published in Journal of World Economic Research (Volume 4, Issue 2)

Received: 23 February 2015 Accepted: 15 April 2015 Published: 30 April 2015

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Abstract

This study examined the optimal combination of enterprises in livestock industry in South-West Nigeria. Stratified random sampling technique was employed in collecting data from 360 livestock farmers. Descriptive statistics, budgetary technique and linear programming model were employed for data analysis. Six livestock enterprises, non-integrated poultry, piggery and fishery and horizontally integrated poultry/fishery, poultry/piggery and poultry/piggery/fishery were identified. Livestock farmers in the area are aged with low level of education and large household size do not operate at optimal level based on the available resources. The budgetary analysis shows that the most profitable enterprise combination is integrated poultry and piggery while the enterprise that yielded the least net farm income is non-integrated poultry enterprise. The profitability of integrated and non-integrated livestock enterprises is limited by high cost of production in which the feed cost constitutes the lion’s share. The optimal enterprise combinations are the integrated poultry and fishery and integrated poultry/piggery enterprise with poultry/piggery combination being the most efficient. The policy implication from this study requires that both farmers and government must team up to find a means of reducing feed cost by financing livestock research centers and state agricultural development programmes to develop genetically improved breeds of livestock which efficiently converts feed. Labour as a resource was the most limited in the area, there is therefore the need for research to focus critically on indigenously automated livestock equipment that can perform tasks like feeding, vaccination, etc. Farmers in South-West Nigeria and by extension, Nigeria as a whole should concentrate and intensify their livestock combination practices especially that of poultry/piggery, which is the optimal combination enterprise and that of poultry/fishery enterprise combination because of their high profitability levels.

Published in	Journal of World Economic Research (Volume 4, Issue 2)
DOI	10.11648/j.jwer.20150402.13
Page(s)	38-44
Creative Commons	This is an Open Access article, distributed under the terms of the Creative Commons Attribution 4.0 International License (http://creativecommons.org/licenses/by/4.0/), which permits unrestricted use, distribution and reproduction in any medium or format, provided the original work is properly cited.
Copyright	Copyright © The Author(s), 2015. Published by Science Publishing Group

Keywords

Livestock, Optimal, Enterprise, Combination, Linear Programming

References

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[2]	Ademosun A.A (1999): The livestock sub-sector in the third national development plan. Nigerian Journal of Animal Production; 3(3):10-17.
[3]	Adesiyan O.I. ET AL. (2004): Optimum Enterprise Combination in Maize farm in Orire Local Government Area of Oyo state Nigeria. Pakistan Journal of Social Science; 4(2): 275-278.
[4]	Ajala, M.K., Alli-Balogun J.K (2004): Economics of rabbit production in Zaria, Kaduna state, Nigeria. Tropical Journal of Animal Science; 7:1-10.
[5]	Bamiro O.M. ET AL. (2012): Economics of Horizontal Integration in Poultry Industry in South-West Nigeria International Journal of Poultry Science; 11(1): 36-49.
[6]	Bamiro O.M (2007): Effects of vertical integration and Enterprise combinations Profitability in the Poultry Industry in Ogun and Oyo states of Nigeria. Agricultural Journal; 2(3): 397-404.
[7]	Bamiro O.M. ET AL. (2012): Enterprise Combinations in Cassava based Food Crop Farming System in Nigeria: Evidence from Ogun State Greener Journal of Agricultural Sciences; 2(1): 13-20.
[8]	FAO (1990): Food and Agriculture Organization Nutritional Profile. FAO publication
[9]	Ibe S.N (1999): Livestock production in the South-East Zone: Prospects and Strategies in the new millennium. An invited paper presented at the 14th Annual South-East Zonal Farming system Research and Extension workshopheld at the Michael Okpara Auditorium, Umuahia Abia State, Nigeria. Nov, 9-12, 1999.
[10]	KayRonald. D (1981): Farm Management: Planning, Control and Implementation. McGraw-Hill Kogakusha, Ltd .
[11]	Mbanasor J.A., Nwosu A.C. (2003): Livestock sector in the Nigerian Economy:Policy-Direction. Journal of Agricultural and Food Science 1(2): 141-147.
[12]	Ohajianya D.O., Oguoma N.O (2009): Optimum cropping patterns under Limited Resource conditions: A micro-level study in Imo state, Nigeria. Pakistan Journal of Social Sciences; 6(1):36-41.
[13]	Olawunmi A.T. ET AL. (2010): Economic Analysis of Homestead Fish Production in Ogun State, Nigeria Journal of Human Ecology; 31(1):13-17.
[14]	Onuekwusi G.C (2001): Adoption of improved rabbit technology by farmers in Akwa- Ibom state, Nigeria-implication for extension. Proceedings of 36th Annual conference, Agric society of Nigeria F.U.T. Owerri. Oct. 20-24, pp:368-371.

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APA Style

Olasunkanmi Moses Bamiro, Israel Ajibade Adedeji, Abiodun Olarewaju Otunnaiya, Wale Soluade, Joseph Olufemi Ogunjobi. (2015). Enterprise Combination in Livestock Sector in Southwestern, Nigeria. Journal of World Economic Research, 4(2), 38-44. https://doi.org/10.11648/j.jwer.20150402.13

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ACS Style

Olasunkanmi Moses Bamiro; Israel Ajibade Adedeji; Abiodun Olarewaju Otunnaiya; Wale Soluade; Joseph Olufemi Ogunjobi. Enterprise Combination in Livestock Sector in Southwestern, Nigeria. J. World Econ. Res. 2015, 4(2), 38-44. doi: 10.11648/j.jwer.20150402.13

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AMA Style

Olasunkanmi Moses Bamiro, Israel Ajibade Adedeji, Abiodun Olarewaju Otunnaiya, Wale Soluade, Joseph Olufemi Ogunjobi. Enterprise Combination in Livestock Sector in Southwestern, Nigeria. J World Econ Res. 2015;4(2):38-44. doi: 10.11648/j.jwer.20150402.13

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@article{10.11648/j.jwer.20150402.13,
  author = {Olasunkanmi Moses Bamiro and Israel Ajibade Adedeji and Abiodun Olarewaju Otunnaiya and Wale Soluade and Joseph Olufemi Ogunjobi},
  title = {Enterprise Combination in Livestock Sector in Southwestern, Nigeria},
  journal = {Journal of World Economic Research},
  volume = {4},
  number = {2},
  pages = {38-44},
  doi = {10.11648/j.jwer.20150402.13},
  url = {https://doi.org/10.11648/j.jwer.20150402.13},
  eprint = {https://article.sciencepublishinggroup.com/pdf/10.11648.j.jwer.20150402.13},
  abstract = {This study examined the optimal combination of enterprises in livestock industry in South-West Nigeria. Stratified random sampling technique was employed in collecting data from 360 livestock farmers. Descriptive statistics, budgetary technique and linear programming model were employed for data analysis. Six livestock enterprises, non-integrated poultry, piggery and fishery and horizontally integrated poultry/fishery, poultry/piggery and poultry/piggery/fishery were identified. Livestock farmers in the area are aged with low level of education and large household size do not operate at optimal level based on the available resources. The budgetary analysis shows that the most profitable enterprise combination is integrated poultry and piggery while the enterprise that yielded the least net farm income is non-integrated poultry enterprise. The profitability of integrated and non-integrated livestock enterprises is limited by high cost of production in which the feed cost constitutes the lion’s share. The optimal enterprise combinations are the integrated poultry and fishery and integrated poultry/piggery enterprise with poultry/piggery combination being the most efficient. The policy implication from this study requires that both farmers and government must team up to find a means of reducing feed cost by financing livestock research centers and state agricultural development programmes to develop genetically improved breeds of livestock which efficiently converts feed. Labour as a resource was the most limited in the area, there is therefore the need for research to focus critically on indigenously automated livestock equipment that can perform tasks like feeding, vaccination, etc. Farmers in South-West Nigeria and by extension, Nigeria as a whole should concentrate and intensify their livestock combination practices especially that of poultry/piggery, which is the optimal combination enterprise and that of poultry/fishery enterprise combination because of their high profitability levels.},
 year = {2015}
}

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TY  - JOUR
T1  - Enterprise Combination in Livestock Sector in Southwestern, Nigeria
AU  - Olasunkanmi Moses Bamiro
AU  - Israel Ajibade Adedeji
AU  - Abiodun Olarewaju Otunnaiya
AU  - Wale Soluade
AU  - Joseph Olufemi Ogunjobi
Y1  - 2015/04/30
PY  - 2015
N1  - https://doi.org/10.11648/j.jwer.20150402.13
DO  - 10.11648/j.jwer.20150402.13
T2  - Journal of World Economic Research
JF  - Journal of World Economic Research
JO  - Journal of World Economic Research
SP  - 38
EP  - 44
PB  - Science Publishing Group
SN  - 2328-7748
UR  - https://doi.org/10.11648/j.jwer.20150402.13
AB  - This study examined the optimal combination of enterprises in livestock industry in South-West Nigeria. Stratified random sampling technique was employed in collecting data from 360 livestock farmers. Descriptive statistics, budgetary technique and linear programming model were employed for data analysis. Six livestock enterprises, non-integrated poultry, piggery and fishery and horizontally integrated poultry/fishery, poultry/piggery and poultry/piggery/fishery were identified. Livestock farmers in the area are aged with low level of education and large household size do not operate at optimal level based on the available resources. The budgetary analysis shows that the most profitable enterprise combination is integrated poultry and piggery while the enterprise that yielded the least net farm income is non-integrated poultry enterprise. The profitability of integrated and non-integrated livestock enterprises is limited by high cost of production in which the feed cost constitutes the lion’s share. The optimal enterprise combinations are the integrated poultry and fishery and integrated poultry/piggery enterprise with poultry/piggery combination being the most efficient. The policy implication from this study requires that both farmers and government must team up to find a means of reducing feed cost by financing livestock research centers and state agricultural development programmes to develop genetically improved breeds of livestock which efficiently converts feed. Labour as a resource was the most limited in the area, there is therefore the need for research to focus critically on indigenously automated livestock equipment that can perform tasks like feeding, vaccination, etc. Farmers in South-West Nigeria and by extension, Nigeria as a whole should concentrate and intensify their livestock combination practices especially that of poultry/piggery, which is the optimal combination enterprise and that of poultry/fishery enterprise combination because of their high profitability levels.
VL  - 4
IS  - 2
ER  -

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Author Information

Olasunkanmi Moses Bamiro

Department of Agricultural Economics and Extension, Landmark University, Omu-Aran, Nigeria
Israel Ajibade Adedeji

Department of Agricultural Economics and Extension, Landmark University, Omu-Aran, Nigeria
Abiodun Olarewaju Otunnaiya

Department of Agricultural Economics and Farm Management, Olabisi Onabanjo University, Yewa Campus, Ayetoro, Nigeria
Wale Soluade

Department of Agricultural Economics and Farm Management, Olabisi Onabanjo University, Yewa Campus, Ayetoro, Nigeria
Joseph Olufemi Ogunjobi

Department of Agricultural Economics and Extension, Landmark University, Omu-Aran, Nigeria

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Plain Text BibTeX RIS

APA Style

Olasunkanmi Moses Bamiro, Israel Ajibade Adedeji, Abiodun Olarewaju Otunnaiya, Wale Soluade, Joseph Olufemi Ogunjobi. (2015). Enterprise Combination in Livestock Sector in Southwestern, Nigeria. Journal of World Economic Research, 4(2), 38-44. https://doi.org/10.11648/j.jwer.20150402.13

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ACS Style

Olasunkanmi Moses Bamiro; Israel Ajibade Adedeji; Abiodun Olarewaju Otunnaiya; Wale Soluade; Joseph Olufemi Ogunjobi. Enterprise Combination in Livestock Sector in Southwestern, Nigeria. J. World Econ. Res. 2015, 4(2), 38-44. doi: 10.11648/j.jwer.20150402.13

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AMA Style

Olasunkanmi Moses Bamiro, Israel Ajibade Adedeji, Abiodun Olarewaju Otunnaiya, Wale Soluade, Joseph Olufemi Ogunjobi. Enterprise Combination in Livestock Sector in Southwestern, Nigeria. J World Econ Res. 2015;4(2):38-44. doi: 10.11648/j.jwer.20150402.13

Copy | Download

@article{10.11648/j.jwer.20150402.13,
  author = {Olasunkanmi Moses Bamiro and Israel Ajibade Adedeji and Abiodun Olarewaju Otunnaiya and Wale Soluade and Joseph Olufemi Ogunjobi},
  title = {Enterprise Combination in Livestock Sector in Southwestern, Nigeria},
  journal = {Journal of World Economic Research},
  volume = {4},
  number = {2},
  pages = {38-44},
  doi = {10.11648/j.jwer.20150402.13},
  url = {https://doi.org/10.11648/j.jwer.20150402.13},
  eprint = {https://article.sciencepublishinggroup.com/pdf/10.11648.j.jwer.20150402.13},
  abstract = {This study examined the optimal combination of enterprises in livestock industry in South-West Nigeria. Stratified random sampling technique was employed in collecting data from 360 livestock farmers. Descriptive statistics, budgetary technique and linear programming model were employed for data analysis. Six livestock enterprises, non-integrated poultry, piggery and fishery and horizontally integrated poultry/fishery, poultry/piggery and poultry/piggery/fishery were identified. Livestock farmers in the area are aged with low level of education and large household size do not operate at optimal level based on the available resources. The budgetary analysis shows that the most profitable enterprise combination is integrated poultry and piggery while the enterprise that yielded the least net farm income is non-integrated poultry enterprise. The profitability of integrated and non-integrated livestock enterprises is limited by high cost of production in which the feed cost constitutes the lion’s share. The optimal enterprise combinations are the integrated poultry and fishery and integrated poultry/piggery enterprise with poultry/piggery combination being the most efficient. The policy implication from this study requires that both farmers and government must team up to find a means of reducing feed cost by financing livestock research centers and state agricultural development programmes to develop genetically improved breeds of livestock which efficiently converts feed. Labour as a resource was the most limited in the area, there is therefore the need for research to focus critically on indigenously automated livestock equipment that can perform tasks like feeding, vaccination, etc. Farmers in South-West Nigeria and by extension, Nigeria as a whole should concentrate and intensify their livestock combination practices especially that of poultry/piggery, which is the optimal combination enterprise and that of poultry/fishery enterprise combination because of their high profitability levels.},
 year = {2015}
}

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TY  - JOUR
T1  - Enterprise Combination in Livestock Sector in Southwestern, Nigeria
AU  - Olasunkanmi Moses Bamiro
AU  - Israel Ajibade Adedeji
AU  - Abiodun Olarewaju Otunnaiya
AU  - Wale Soluade
AU  - Joseph Olufemi Ogunjobi
Y1  - 2015/04/30
PY  - 2015
N1  - https://doi.org/10.11648/j.jwer.20150402.13
DO  - 10.11648/j.jwer.20150402.13
T2  - Journal of World Economic Research
JF  - Journal of World Economic Research
JO  - Journal of World Economic Research
SP  - 38
EP  - 44
PB  - Science Publishing Group
SN  - 2328-7748
UR  - https://doi.org/10.11648/j.jwer.20150402.13
AB  - This study examined the optimal combination of enterprises in livestock industry in South-West Nigeria. Stratified random sampling technique was employed in collecting data from 360 livestock farmers. Descriptive statistics, budgetary technique and linear programming model were employed for data analysis. Six livestock enterprises, non-integrated poultry, piggery and fishery and horizontally integrated poultry/fishery, poultry/piggery and poultry/piggery/fishery were identified. Livestock farmers in the area are aged with low level of education and large household size do not operate at optimal level based on the available resources. The budgetary analysis shows that the most profitable enterprise combination is integrated poultry and piggery while the enterprise that yielded the least net farm income is non-integrated poultry enterprise. The profitability of integrated and non-integrated livestock enterprises is limited by high cost of production in which the feed cost constitutes the lion’s share. The optimal enterprise combinations are the integrated poultry and fishery and integrated poultry/piggery enterprise with poultry/piggery combination being the most efficient. The policy implication from this study requires that both farmers and government must team up to find a means of reducing feed cost by financing livestock research centers and state agricultural development programmes to develop genetically improved breeds of livestock which efficiently converts feed. Labour as a resource was the most limited in the area, there is therefore the need for research to focus critically on indigenously automated livestock equipment that can perform tasks like feeding, vaccination, etc. Farmers in South-West Nigeria and by extension, Nigeria as a whole should concentrate and intensify their livestock combination practices especially that of poultry/piggery, which is the optimal combination enterprise and that of poultry/fishery enterprise combination because of their high profitability levels.
VL  - 4
IS  - 2
ER  -

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