PROFITABILITY ANALYSIS OF LAYER ENTERPRISE
- Project Research
- 1-5 Chapters
- Abstract : Available
- Table of Content: Available
- Reference Style: APA
- Recommended for : Student Researchers
- NGN 3000
ABSTRACT
This study examined the profitability of layers production in Esan North East and Ovia North East L.G.A’s of Edo State. A purposive and convenient sampling of 80 poultry farmers was carried out in the study area in order to generate data for the analysis. Results of the study showed that the respondents were predominantly males (56%) with good educational background and relatively long farming experience in poultry production. Data collected were analyzed using Regression Models. The regression results indicated that the poultry farmers were spending too much credit on fixed capital in production from day old to spent layers with a high probability that increase in miscellaneous expenditure and layers mash will increase the profit from the production. It was observed that improvement in quality of layers mash, increase in efficiency of labour and increase in KW/h used in the production process will increase profit realizable from the production of day-old chicks to point of lay. As shown from the regression results, increase in fixed cost and layers mash will be necessary to maximize profit in production from point of lay to spent layers. Viability analysis indicated that poultry business is profitable (average BCR =1.52, average Return/Naira=0.55). It was shown from the comparative analysis that production from day old chicks to spent layers was the most viable (BCR of 1.64, Return/Naira=0.67) from the three types of production. It was therefore recommended that more people, particularly youth, should be advised to go into layers production, and that Government should mandate commercial banks to reserve a certain percentage of the budget for the poultry farmers at low interest rate.
Related Project Materials
AN ASSESSMENT OF THE IMPLICATION OF ELECTRONIC BANKING IN NIGERIAN BANKS
ABSTRACT
Business today is conducted in an age of highly complex technology imposing on banking officia...
THE ROLE OF HUMAN RESOURCE MANAGEMENT IN HOSPITALITY INDUSTRY PERFORMANCE IN NIGERIA
ABSTRACT
This research is based on the role of human resource management in the hospitality industry with focus on its p...
AN ASSESSMENT OF COST PERFORMANCE AND ACCOUNTABILITY IN PRIVATIZED PUBLIC ENTERPRISES IN NIGERIA. A STUDY OF OANDO (UNIPETROL) PLC IN ENUGU STATE
Abstract
Despite an impressive level of privatization activity across Africa and the upsurge in search of the operating performance of pr...
DEVELOPMENT OF A MODIFIED EAST-WEST INTERFACE FOR DISTRIBUTED CONTROL PLANE IN SOFTWARE DEFINED NETWORK FOR WIDE AREA NETWORKS
ABSTRACT
This research is aimed at the development of a modified East-West Interface for distributed control plane in Software Defined Ne...
AN ASSSESSMENT OF EFFECTIVE COMMUNICATION AND ITS IMPACT IN THE RELATIONSHIP BETWEEN PARENTS AND THEIR CHILDREN'S WELL-BEING IN NIGERIA
BACKGROUND OF THE STUDY
Communication, according to Greg Duran (2010), is the foundation of any interac...
AN ASSESSMENT OF PERFORMANCE MEASUREMENT FRAMEWORKS AND THEIR EFFECTIVENESS IN PROMOTING EMPLOYEE MOTIVATION AND PRODUCTIVITY
Abstract:
This study examines the effectiveness of performance measurement frameworks in Lagos State, N...
ASSESSMENT OF PROPERTY RATING IN NIGERIA (A CASE STUDY OF ENUGU NORTH LOCAL GOVERNMENT AREA)
BACKGROUND OF STUDY
From investigation and empirical data on property rating in general and in Enugu state in particular...
FINANCIAL REPORTING BEST PRACTICES IN THE DIGITAL AGE
ABSTRACT:
This research explores the best practices in financial reporting in the digital age in Lagos...
AN INVESTIGATION INTO THE IMPACT OF MONETARY POLICY ON THE ECONOMIC DEVELOPMENT IN NIGERIA
-
- Background of the study
In many cases, monetary management is an essentia...
THE EFFECT OF POVERTY ON THE ACADEMIC PERFORMANCE OF STUDENTS IN SOME SELECTED SECONDARY SCHOOLS
ABSTRACT
This research work was designed to find out the effect of poverty on the academic performa...
