Effect of cooperatives on the income of poultry products sellers in Ogun state, Nigeria Akerele E.O.*, Sofoluwe N.A., Oluwasanya O.P, Obasan T.A., Awolumate A.F. Department of Cooperative and Rural Management, Faculty of Administration and Management Sciences, Olabisi Onabanjo University, Ago-Iwoye, Ogun State, Nigeria *Corresponding author email: akereleeze@gmail.com
Online Published on 26 February, 2024. Abstract The study investigated the effect of cooperative on the income of poultry products sellers in Ogun State, Nigeria. Poultry products sellers typically produce to satisfy household food needs or make profit from selling farm produce. Descriptive analysis was used to describe the socio-economic characteristics of the poultry products sellers. A two-stage random sampling techniques was used to select the number of respondents. A total of one hundred and fifty (150) poultry products sellers were selected for the purpose of this study. It was revealed that majority of the poultry products sellers (44.8%) in the study area were found to be within the age bracket of 55 - 64 years. Also, it was revealed that 32.8 per cent of the poultry products sellers were found to be within the age of range of 45 - 54 years of age. It was revealed therefore that majority of the poultry products sellers (67.2%) are married with 5 - 6 members and 38.4 per cent of the poultry products sellers in the study area have no formal education. The Total Variable Cost (TVC) incurred in poultry farming in the study area was estimated to be N163,440.00 which comprised the cost (2.31%). The Total Fixed Cost (TFC) was estimated to be N236,028.00. Finding revealed that household size is significant to household income at one per cent level. It is therefore recommended that capacity training of poultry products sellers to enable them to cope with the challenges of modern poultry farming and commercialization of small-scale layers poultry production should-be carried out. Top Keywords Cooperative, Profit, Credit, Income, Poultry. Top |