An assessment of economic diversification through rubber farming in Ijebu East Local Government Area, Ogun State
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Background of the study:
Economic diversification is essential for regional stability and growth, particularly in areas reliant on a narrow range of economic activities. In Ijebu East Local Government Area, rubber farming has emerged as a promising avenue for diversification, offering alternative income sources to traditional agricultural practices (Olatunji, 2023). Rubber farming not only contributes to rural income generation but also promotes environmental sustainability through agroforestry practices. Recent initiatives to modernize rubber production techniques have enhanced yield potentials, thereby encouraging smallholder farmers to adopt these practices (Akin, 2024). However, challenges such as fluctuating global prices, inadequate technical support, and market access issues persist, hindering the full potential of rubber as a diversification tool (Babatunde, 2025). This study investigates how rubber farming can serve as an engine for economic diversification, analyzing its impact on local economies, employment creation, and sustainable rural development, while also addressing the constraints that may limit its effectiveness (Olatunji, 2023).
Statement of the problem:
Although rubber farming holds significant promise for economic diversification in Ijebu East, farmers encounter challenges including volatile market prices, technical inefficiencies, and limited access to capital. These issues undermine the potential benefits of rubber cultivation, necessitating a detailed investigation of the constraints and opportunities (Akin, 2024).
Objectives of the study:
- To evaluate the role of rubber farming in diversifying the local economy.
- To assess the challenges faced by rubber farmers in Ijebu East.
- To recommend strategies for enhancing rubber production and market access.
Research questions:
- How does rubber farming contribute to economic diversification?
- What challenges impede the growth of rubber farming in Ijebu East?
- Which measures can improve the sustainability of rubber farming?
Research Hypotheses:
- Rubber farming significantly contributes to economic diversification in Ijebu East.
- There is an inverse relationship between market volatility and rubber farming growth.
- Improved technical support and market access positively affect rubber production.
Significance of the study:
This study is significant as it provides empirical insights into the role of rubber farming in promoting economic diversification, offering recommendations for policy reforms and technical support to enhance agricultural sustainability and rural development (Balogun, 2023).
Scope and limitations of the study:
The study focuses exclusively on rubber farming in Ijebu East Local Government Area. It does not consider other forms of agricultural diversification or external market fluctuations. Limitations include data reliability and local climatic variations.
Definitions of terms:
- Economic diversification: The process of broadening the range of economic activities within a region.
- Rubber farming: The cultivation of rubber trees for latex production.
- Agroforestry: The integration of trees and shrubs into crop and animal farming systems for environmental and economic benefits.
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