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Marketing and Profitability of Non-Timber Forest Product (Thaumatococcus danielli) (Benn) Beth in Ogun State
Current Issue
Volume 2, 2014
Issue 6 (December)
Pages: 81-85   |   Vol. 2, No. 6, December 2014   |   Follow on         
Paper in PDF Downloads: 21   Since Aug. 28, 2015 Views: 1346   Since Aug. 28, 2015
Authors
[1]
Adeniran O. A., Forestry Research Institute of Nigeria, Jericho, Ibadan.
[2]
Osadebe C. O., Forestry Research Institute of Nigeria, Jericho, Ibadan.
[3]
Famuyide O. O., Forestry Research Institute of Nigeria, Jericho, Ibadan.
[4]
Adebayo O., Forestry Research Institute of Nigeria, Jericho, Ibadan.
[5]
K. A. Bolaji-Olutunji, Forestry Research Institute of Nigeria, Jericho, Ibadan.
Abstract
The study assessed the marketing of Thaumatococcus danielli leaves in Ogun state, Nigeria. It looked into the intrinsic qualities of Thaumatococcus danielli and its contribution to income of rural communities, its accessibility, availability and profitability to the traders in the area. Four major markets, Mamu, Odeda, Olugbo, Kila, markets were purposively selected after the reconnaissance survey and sixty copies of the structured questionnaires were administered in all. Descriptive statistics and gross margin analysis were used to analyse the data collected. Result shows that about 72% of the sellers were female and 75% has T. danielli trade as their primary occupation; the gross margin of N6,402.23 shows that it is a highly profitable venture. Research should be carried out to grow these products more around South west Nigeria to reduce the sellers’ travelling long distance to purchase the products. Also to encourage advancement of the trade in the area, relevant government agencies should promote local propagation of the species and improve transportation facilities.
Keywords
Thaumatococcus danielli, Marketing, Gross Margin, Profitability
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