0704-883-0675     |      dataprojectng@gmail.com

ECONOMIC ANALYSIS OF PROCESSING AND MARKETING OF CASHEW PRODUCTS

  • Project Research
  • 1-5 Chapters
  • Abstract : Available
  • Table of Content: Available
  • Reference Style: APA
  • Recommended for : Student Researchers
  • NGN 3000

ABSTRACT

Cashew processing using manual techniques, was started in Nigeria in the first half of the twentieth century. It was exported from there to the wealthy western markets, particularly the United States. In the 1960s some of the producing countries in East Africa began to process nuts domestically rather than sending them to Nigeria for processing. The study examined the profit function and structural performance of cashew nut marketing in Enugu State, Nigeria. Six markets were selected from three Local Government Areas where there is high production and sale of cashew nuts in the State. Data were collected from 120 cashew nut sellers, randomly selected from the six markets. Analytical tools employed were the multiple regression analysis to measure the profit function of cashew nut marketing inputs, Marketing margin, Lorenz curve, and Gini coefficient to measure the structural performance. The study revealed a high gross margin of 36.79% of sales receipt or 58.19% of total variable cost (TVC). This implies that cashew nut marketing was profitable in the area. The marketing margin was also high being 37.50% of sales receipt or 59.32% of TVC. The profit function measurement showed that cashew nut marketing was in a stage of inefficient allocation and utilization of resources. Therefore, cashew nut marketing in the study area though profitable was grossly inefficient from the viewpoint of market structure and profit function measurement. Policy measures that will improve credit advancement to small-scale/micro business concerns and reduce transportation cost are advocated.





Related Project Materials

DEVELOPMENT OF A PILOT ALLOCATION PROTOCOL TO MITIGATE THE EFFECT OF PILOT CONTAMINATION IN MASSIVE MULTIPLE INPUT MULTIPLE OUTPUT SYSTEM

ABSTRACT

Pilot Contamination (PC) has been considered as a majorlimiting factor of Time Division Duplexing (TDD) Massive Multiple-Input M...

Read more
CONFLICT MANAGEMENT FOR EFFECTIVE PERFORMANCE IN AN ORGANIZATION (A Case Study Of Union Bank of Nigeria)

ABSTRACT

Managing conflict is a tool for promoting peaceful co-existence between workers and employers in an org...

Read more
FINANCIAL MANAGEMENT IN THE DIGITAL AGE

Abstract: FINANCIAL MANAGEMENT IN THE DIGITAL AGE

This study explores the impact of digitalization on financial management practices. Obj...

Read more
IMPACT OF GOVERNMENT’S POVERTY REDUCTION PROGRAMMES IN NIGER STATE

ABSTRACT

This study examined the Impact of Government’s Poverty Reduc...

Read more
INTEGRATING SUSTAINABILITY PRACTICES INTO VOCATIONAL TRAINING

Abstract: This study examines strategies for integrating sustainability practices into voca...

Read more
BUDGETARY CONTROL: AN EFFECTIVE TOOL FOR PLANNING AND CONTROL IN THE BANKING INDUSTRY

ABSTRACT

This study was carried out to examine budgetary control as an effective tool for pla...

Read more
MAPPING GROUNDWATER POTENTIALS OF BOSSO AND ENVIRONS, NIGER STATE, NIGERIA

ABSTRACT

The scarcity of water in Bosso Local Government Area of Niger State warrants for a detailed investigation of the groundwater pot...

Read more
THE EFFECT OF SOCIAL RESPONSIBILITY ON BUSINESS ORGANIZATION

ABSTRACT

The purpose of this study was to understand the effect of social responsibility on business organization and h...

Read more
CONSTRUCTION OF A MICROCONTROLLER BASED SECURITY DOOR USING SMART CARD

ABSTRACT

This project shows the construction of a microcontroller based security door using smart card. It is aimed towards programming t...

Read more
THE IMPACT OF NIGER DELTA CRISIS ON NIGERIAN’S NATIONAL SECURITY

BACKGROUND OF THE STUDY

In 2002, an international observation proclaimed the Niger Delta as one of the most volatile reg...

Read more
Share this page with your friends




whatsapp