Economic Contributions of Honey Production as a Means of Livelihood Strategy in Oyo State

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Author(s) Famuyide, O.O. | Adebayo, O.|Owese, T. | Azeez, F.A. | Arabomen, O. | Olugbire, O.O | Ojo, D
Pages 7-11
Volume 3
Issue 1
Date January, 2014
Keywords Honey production, Economic contribution, Livelihood strategy, Rural area
Abstract

Economic contributions of honey production as a means of livelihood strategy in Oyo state was examined with a view to describing the socio-demographic characteristics of honey producers; to determine the economic contribution and level of honey production in Iseyin-Ogbomoso Local Government Areas of Oyo State. Six (6) Local Government Areas were purposively selected for this study. Seventy three (73) questionnaires were administered to honey producers. Data were analyzed using descriptive statistical tools such as frequency distribution and percentage, while inferential statistics such as Gross Margin and Linear Regression were implored. The result revealed that 26% of honey farmers were females while 74% were male, this showed that honey production is male dominated and the people involved are in their active working age. R2 value (0.5948) explaining almost 60% of the dependent variable, the overall P – value(0.0000) indicates the level of significance of explanatory variables at 1%. Positive co-efficient of educational level revealed that the higher the educational status, the higher the productivity and better management. The economic efficiency was 2.31 which implied that for every N1 spent to produce honey, in the study area 15.5 kobo was realized as profit. Honey business is however found to be lucrative.

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