Production Efficiencies of the Nigerian Agricultural Insurance Corporation (NAIC) Insured and Non-NAIC Insured Livestock Farmers in Kwara State, Nigeria

This study used structured questionnaire to randomly collect data from livestock farmers insured under the NAIC scheme and their counterparts not under the NAIC scheme in Kwara State. The study comparatively examined their socio-economic characteristics and production efficiencies using The Stochast...

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Main Authors: Ojetunde Babatunde Stephen, Emmanuel Egbodo Boheje Odum, Adewumi Olaniyi Matthew
Format: Article
Language:English
Published: Turkish Science and Technology Publishing (TURSTEP) 2021-01-01
Series:Turkish Journal of Agriculture: Food Science and Technology
Subjects:
Online Access:http://www.agrifoodscience.com/index.php/TURJAF/article/view/3684
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author Ojetunde Babatunde Stephen
Emmanuel Egbodo Boheje Odum
Adewumi Olaniyi Matthew
author_facet Ojetunde Babatunde Stephen
Emmanuel Egbodo Boheje Odum
Adewumi Olaniyi Matthew
author_sort Ojetunde Babatunde Stephen
collection DOAJ
description This study used structured questionnaire to randomly collect data from livestock farmers insured under the NAIC scheme and their counterparts not under the NAIC scheme in Kwara State. The study comparatively examined their socio-economic characteristics and production efficiencies using The Stochastic Frontier Analysis and t-test. Results from the study showed that not enough youths participate in livestock production in the study area and it is a male dominated activity. A lot of non-beneficiaries of the NAIC intervention scheme are not members of cooperatives and losing out in the benefits of cooperative membership. The insured farmers are more efficient compared to those that were not insured with both having potentials for increasing their efficiency of production at the moment. The study therefore recommend that youths of ages 35years and below be encourage and provided some incentives to participate in livestock farming as well as women to check the gender imbalance of male dominance. Awareness of NAIC intervention schemes is created for livestock farmers who are not registered for the scheme while beneficiaries are made ambassadors of the scheme to have it promoted to non-beneficiaries. Livestock farmers that do not belong to any cooperative are recommended to form or belong to one so as to access the benefits of belonging to a cooperative group. The study also recommends that stakeholders in the Nigerian Agricultural insurance subsector develop strategies that will encourage much participation in their insurance interventions and also create more awareness among farming households to encourage participation in the program.
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spelling doaj.art-86248ab153f645cba85b3a8c6707f77d2023-02-15T16:10:50ZengTurkish Science and Technology Publishing (TURSTEP)Turkish Journal of Agriculture: Food Science and Technology2148-127X2021-01-0191505510.24925/turjaf.v9i1.50-55.36841946Production Efficiencies of the Nigerian Agricultural Insurance Corporation (NAIC) Insured and Non-NAIC Insured Livestock Farmers in Kwara State, NigeriaOjetunde Babatunde Stephen0Emmanuel Egbodo Boheje Odum1Adewumi Olaniyi Matthew2Department of Economics, Federal University, Lokoja, Kogi StateDepartment of Agricultural Economics and Extension Service, University of Benin, Benin City,Department of Agricultural Economics and Farm Management, Faculty of Agriculture, University of Ilorin, IlorinThis study used structured questionnaire to randomly collect data from livestock farmers insured under the NAIC scheme and their counterparts not under the NAIC scheme in Kwara State. The study comparatively examined their socio-economic characteristics and production efficiencies using The Stochastic Frontier Analysis and t-test. Results from the study showed that not enough youths participate in livestock production in the study area and it is a male dominated activity. A lot of non-beneficiaries of the NAIC intervention scheme are not members of cooperatives and losing out in the benefits of cooperative membership. The insured farmers are more efficient compared to those that were not insured with both having potentials for increasing their efficiency of production at the moment. The study therefore recommend that youths of ages 35years and below be encourage and provided some incentives to participate in livestock farming as well as women to check the gender imbalance of male dominance. Awareness of NAIC intervention schemes is created for livestock farmers who are not registered for the scheme while beneficiaries are made ambassadors of the scheme to have it promoted to non-beneficiaries. Livestock farmers that do not belong to any cooperative are recommended to form or belong to one so as to access the benefits of belonging to a cooperative group. The study also recommends that stakeholders in the Nigerian Agricultural insurance subsector develop strategies that will encourage much participation in their insurance interventions and also create more awareness among farming households to encourage participation in the program.http://www.agrifoodscience.com/index.php/TURJAF/article/view/3684production efficiencynaiclivestock farmersbeneficiariesnon-beneficiaries
spellingShingle Ojetunde Babatunde Stephen
Emmanuel Egbodo Boheje Odum
Adewumi Olaniyi Matthew
Production Efficiencies of the Nigerian Agricultural Insurance Corporation (NAIC) Insured and Non-NAIC Insured Livestock Farmers in Kwara State, Nigeria
Turkish Journal of Agriculture: Food Science and Technology
production efficiency
naic
livestock farmers
beneficiaries
non-beneficiaries
title Production Efficiencies of the Nigerian Agricultural Insurance Corporation (NAIC) Insured and Non-NAIC Insured Livestock Farmers in Kwara State, Nigeria
title_full Production Efficiencies of the Nigerian Agricultural Insurance Corporation (NAIC) Insured and Non-NAIC Insured Livestock Farmers in Kwara State, Nigeria
title_fullStr Production Efficiencies of the Nigerian Agricultural Insurance Corporation (NAIC) Insured and Non-NAIC Insured Livestock Farmers in Kwara State, Nigeria
title_full_unstemmed Production Efficiencies of the Nigerian Agricultural Insurance Corporation (NAIC) Insured and Non-NAIC Insured Livestock Farmers in Kwara State, Nigeria
title_short Production Efficiencies of the Nigerian Agricultural Insurance Corporation (NAIC) Insured and Non-NAIC Insured Livestock Farmers in Kwara State, Nigeria
title_sort production efficiencies of the nigerian agricultural insurance corporation naic insured and non naic insured livestock farmers in kwara state nigeria
topic production efficiency
naic
livestock farmers
beneficiaries
non-beneficiaries
url http://www.agrifoodscience.com/index.php/TURJAF/article/view/3684
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