THE EFFECT OF COVID-19 LOCKDOWN ON PRODUCTION AND MARKETING OF DAY OLD CHICKS IN IBADAN SOUTH WEST LOCAL GOVERNMENT AREA OF OYO STATE, NIGERIA
2022
Babatunde T.O. | Babatunde O.O. | Kehinde A.S. | Babatunde K.O. | Adamo I.O.
The study was undertaken to examine the effect of COVID 19 Lockdown among day Old Chick Producers and Marketers in Ibadan South West Local Government Area (Poultry hub) of Oyo State, through the administration of questionnaire and interpersonal interview to retrieve relevant research information. The socio-economic appraiser of the stakeholders revealed that participants are predominantly male(65%), married(61.0%), most are educated (88.0%) and were Christians (40.0%) and Muslims (60.0%) based on their religious faith. Effect of Lockdown on production (100%), reduction in price, cost of ingredients with consequential reduction in level of employment. The result also reveals that the cost of ingredients, was seriously affected before (80.0%), during (65.0%) and after (98.0%) COVID-19 pandemic respectively. The result shows that the mean of the total variable cost is N28325.98, the mean of the gross margin is also positive (N322307.44), the net income is (N 272380.21) while the mean of the total fixed cost is (N400428.00). This implies that the level of profitability of poultry production in the study area is profitable. Based on the findings, it has been identified that some factors are hindering the development of poultry farms as regards large production, which will cater for the entire population of the people in the study area and the nation entirely. It therefore recommends that government should improve on the loan credit guarantee schemes available for the public and ensure the availability of well-tested, highly productive machines and reduce cost of feed.
Show more [+] Less [-]AGROVOC Keywords
Bibliographic information
This bibliographic record has been provided by Directory of Open Access Journals