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Determination Of Resilience Of Broilers Farmers
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CHAPTER ONE
1.0 INTRODUCTION
1.1 Background Information
Agriculture
remains a key sector in the global economy even as industrial and
service sector continues to grow. African agriculture is affected by
globalization and climate change but is still fundamental to economic
and social development in Africa. Agriculture is regarded as the most
important sector in the economies of most non oil exporting African
countries.
Agribusiness refers to a business that is linked with
agricultural production, the provision of finance, machinery,
fertilizers, seeds, etc. Small scale agribusiness is a modern form of
agricultural business ventures operated strictly for the purpose of
achieving profit (Olayide and Heady, 1982; Downey and Erickson, 1987).
Chukwuma, (1999) noted that the agribusiness sector is divided into
small, medium and large scale enterprises. Agribusiness is the privately
owned and operated. It may be characterized by the following features:
Ownership and management are often rested on the same individual,
They tend to have small share and have no control over the market,
Capital is usually small and made available by the owner(s),
They employ usually less than 100 persons
Agribusiness
enterprises are vital for the growth and development of Nigeria
economy. Omeresan (2004) stated that for the agribusiness sector to
survive and grow in this present volatile business environment,
appropriate strategies must be developed and adopted by entrepreneurs.
Such strategies should be properly investigated. The survival and growth
of the agribusiness enterprises could be highly constrained by the
physical, institutional and economic shocks in Nigeria. (Adebayo et al,
2004). During the second half of the 19th century a growing number of
African agribusiness firms became involved in the international trade
with agricultural products. This occurs as a result of an increase in
trade, improved incomes in Europe and increased demand for tropical
products. Many local systems of production in sub-Saharan Africa (SSA)
benefited from this trend (Mkpado, 2012). Global firm level of
agribusiness may likely face multiple challenges over the coming
decades. The centrality of agribusiness is the interface between
agriculture, and the rural sector cannot be ignored. This is because
agribusiness has the capacity to provide greater employment, higher
incomes, poverty alleviation and provision of Corporate Social
Responsibility (CSR) through their requisite infrastructure (Dike, 1991,
Anyanwu, 1997, Dunmoye, 1997).
Agribusiness firm responsibility is
to produce more food to feed an increasingly affluent and growing world
population that will demand a more diverse diet, contribute to overall
development and poverty alleviation in many developing countries,
confront increased competition for alternative uses of finite land and
water resources, adapt to climate change, and contribute to preserving
biodiversity and restoring fragile ecosystems. Agriculture continues to
contributed heavily to the incomes of the rural poor. Improving
agribusiness productivity, while conserving and enhancing natural
resources, is an essential requirement for increased global food
supplies on a sustainable basis. The role of smallholder agribusiness in
increasing agribusiness productivity growth sustainably is very
crucial. The productivity of most agribusiness firms is generally
lagging.
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ABSRACT - [ Total Page(s): 1 ]The contributions of the poultry farms to Nigerian economic development will depend on its resilience to distortions in the ever changing economic scenario.This study evaluates the resilience status of poultry (broiler) farms in Delta state, Nigeria. Well structured questionnaire was used to collect primary data from randomly selected 200 broiler farms in Delta central and Delta north agricultural zones. Descriptive statistics, multiple regression and broiler enterprise budget techniques ... Continue reading---
