Economic analysis of improved variety of groundnut production in north-western Nigeria
This research was conducted to analyse the economics of improved groundnut seeds’ production in North-Western, Nigeria. A multi-stage sampling technique was employed for this study. Data were collected from 125 producers of improved variety of groundnut seeds in Bunkure Local Government Area (LGA) of Kano State using well-structured questionnaire. The data collected were analysed using both descriptive and inferential statistics. The descriptive statistics result revealed that respondents were active, mostly males and that they were mostly literate. The result revealed that the marketing of improved variety of groundnut seeds was efficient and that the enterprise was considered viable. Age, household size, farm size and access to credit were the factors that influenced the net marketing margin to producers of improved groundnut seeds. The study recommends that adequate credit facilities should be made available and improved variety of groundnut seeds should be subsidized so that producers can be motivated to use and adopt them.