Economic Analysis of Beneficiaries of Fadama II Project in Sardauna Local Government Area of Taraba State, Nigeria

Select Volume / Issue:

• Volume 1,Issue 6, Nov. 2014

Year:

2014

Type of Publication:

Article

Keywords:

Analysis, Beneficiaries, Economic, Fadama II, Project

Authors:

A., Kara H.; Aboki, E.; Adamu, M. M.

Journal:

IJRAS

Volume:

1

Number:

6

Pages:

385-391

Month:

November

Note:

This work is licensed under a Creative Commons Attribution-NonCommercial-ShareAlike 4.0 International License. CC BY-NC-SA 4.0 Creative Commons License: https://creativecommons.org/licenses/by-nc-sa/4.0/

Abstract:

The study examined the economic analysis of Beneficiaries of Fadama II Project in Sardauna Local Government Area of Taraba State, Nigeria. A total of 75 Fadama II Project loan Beneficiaries were randomly selected in the study area. Data were collected using structured questionnaires and analysis was done using descriptive statistics, Farm budgeting and Regression analysis. Farm budget analysis revealed the net farm income of N168, 985.85/ha for Beneficiaries. The return on Naira invested per hectare used by Fadama II Beneficiaries wasN 2.33. The double-log function revealed that seed inputs used by the Beneficiaries was significant at (Pstraint of fadama farming in the study area include: High cost of input, land fragmentation, high cost of transportation among others. It is therefore concluded that to optimize profit, there is need for Beneficiaries to use less of labour, seeds and farm size while reduce chemical and fertilizer usage. The study recommends resource adjustment in order to increase output by the farmers and loan should be made available and accessible.Efforts should be geared by the government and other stake-holders towards providing fadama lands to farmers on soft conditions as regards land leasing agreement.

Full text: IJRAS_159_Final.pdf [Bibtex]