MARKET INEQUALITY AND PERFORMANCE OF GARI MARKETING IN ONDO STATE, NIGERIA 1,3 2,3 3

• J. A. Folayan

  Department of Agricultural and Resource Economics, Federal University of Technology Akure, Nigeria. Department of Agricultural Economics and Extension Service, Joseph Ayo Babalola University Ikeji Arakeji, Osun State, Nigeria. foldio Department of Agricultural Economics and Extension, Adekunle Ajasin University, Akungba-Akoko, Ondo State, Nigeria. firstwalefat

  Author

• A. I. Olutumise

  Department of Agricultural and Resource Economics, Federal University of Technology Akure, Nigeria. Department of Agricultural Economics and Extension Service, Joseph Ayo Babalola University Ikeji Arakeji, Osun State, Nigeria. foldio Department of Agricultural Economics and Extension, Adekunle Ajasin University, Akungba-Akoko, Ondo State, Nigeria. firstwalefat

  Author

This study examined market inequality and performance of gari marketing in Ondo State, Nigeria using primary data. The data were sourced using a well-structured questionnaire and Focus Group Discussion sessions. A multistage sampling technique was employed to randomly select 100 respondents at the final stage in the study area. The data were analysed using descriptive statistics, gross margin, gini coefficient and multiple regression model. The results showed that women dominated the enterprise with 84% and most (80%) of them were still in their active and productive age. Many of them were married with average of about 5 persons per household and over 88% of them had at least primary school education. The most frequent category of year of experience was between 6 and 10 years (40%), while personal savings (65%) was their most common source of capital. The result of gross margin analysis showed that gari business was a profitable venture given the value of gross margin to be N5, 352.10 per trip. The value of gini-coefficient (0.649) indicated a high inequality among the marketers while the results of regression revealed that marketers' experience, distance to market, cost of storage, acquisition cost and education were the main factors statistically determining the revenue of the gari marketers in the study area. It is therefore recommended that government should make gari business conducive by providing adequate infrastructure that could encourage more young people as a way of combating the scourge of unemployment ravaging the country.

1. J. A. Folayan, Department of Agricultural and Resource Economics, Federal University of Technology Akure, Nigeria. Department of Agricultural Economics and Extension Service, Joseph Ayo Babalola University Ikeji Arakeji, Osun State, Nigeria. foldio Department of Agricultural Economics and Extension, Adekunle Ajasin University, Akungba-Akoko, Ondo State, Nigeria. firstwalefat

   Department of Agricultural and Resource Economics, Federal University of Technology Akure, Nigeria. Department of Agricultural Economics and Extension Service, Joseph Ayo Babalola University Ikeji Arakeji, Osun State, Nigeria. foldio Department of Agricultural Economics and Extension, Adekunle Ajasin University, Akungba-Akoko, Ondo State, Nigeria. firstwalefat

2. A. I. Olutumise, Department of Agricultural and Resource Economics, Federal University of Technology Akure, Nigeria. Department of Agricultural Economics and Extension Service, Joseph Ayo Babalola University Ikeji Arakeji, Osun State, Nigeria. foldio Department of Agricultural Economics and Extension, Adekunle Ajasin University, Akungba-Akoko, Ondo State, Nigeria. firstwalefat

   Department of Agricultural and Resource Economics, Federal University of Technology Akure, Nigeria. Department of Agricultural Economics and Extension Service, Joseph Ayo Babalola University Ikeji Arakeji, Osun State, Nigeria. foldio Department of Agricultural Economics and Extension, Adekunle Ajasin University, Akungba-Akoko, Ondo State, Nigeria. firstwalefat

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