Asset-Based Wellbeing of Oil Palm Farmers under PrescoPlc out Grower Scheme In Edo And Delta States, Nigeria
Journal Title: International Journal of Engineering and Science Invention - Year 2018, Vol 7, Issue 5
Abstract
Many smallholder farmers in Nigeria are resource-poor and such condition could be changed through contract farming. Thus, the asset-based wellbeing of oil palm farmers under the Prescoout-grower scheme was assessed the study used questionnaire to elicit data from 242 respondents (150 participants and 92 non-participants) using a two-stage sampling procedure. Data were analysed using descriptive and inferential statistics. Principal Component Analysis (PCA) was also carried out to derive a wealth index that defined the asset-based wellbeing of households. results showed that, on the average, the scheme participants had significantly higher wealth indices than non-participants, and were also better-off in terms of housing quality (roof type, wall type, flooring type), household infrastructure (access to electricity, cooking source, water source, and access to good toilet facility) and possession of durable goods and other assets (motor vehicle, motorcycles, livestock and furniture).Furthermore, majority of the respondents found to be income poor were also asset poor. Therefore, it is recommended that any effort to improve the wellbeing of farming households in the study area should consider asset-based factors such as housing quality, household infrastructure and durable goods as entry points to poverty alleviation, in addition to income.
Authors and Affiliations
Adade Baa Famous, Ada-Okungbowa C. I.
Keywords
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