ASSESSING THE IMPACT OF LIVESTOCK MARKETING ON TARABA STATE ECONOMY: A LOOK AT JALINGO LOCAL GOVERNMENT AREA
Abstract
This paper assessed the impact of livestock marketing on Jalingo LGA of Taraba State economy. Where 3 specific objectives were formulated as to assess the socioeconomic characteristics of livestock farming; identify the challenges facing livestock production to assess the sources of capital for the Livestock Farming and examine the extent at which livestock activities have improved the livelihood of the farmers through poverty reduction in Jalingo LGA of Taraba state. The study adopts CRP’s theory of change (ToC) describes how increases in livestock productivity underpinned by technological interventions in livestock genetics, health and feeds combined with integrated solutions and enabling conditions (markets, policies, incentives) lead to SLOs. This study adopts a quantitative research design in analyzing the data. The ordinary least square regression analysis shall form the main procedure to the followed in testing our hypotheses in this work, from the analysis, it was revealed that the total revenue generated during the marketing process was about N6, 389,900 with gross margin of N398, 000 while the total cost of buying the cattle that were marketed amounted to N5, 809,000. This therefore, constituted about 96.94 percent of total cost. Transport cost accounted for 1.19% of the total variable cost, based on the findings, the study recommends that; Government and other lending agencies should do more and assist the marketers with accessible and affordable soft loan in order to reduce the problem of inadequate capital among the cattle marketers in the state.
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