Marketing and Profitability of Non-Timber Forest Product (Thaumatococcus danielli) (Benn) Beth in Ogun State
Year: 2014
Type: article
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.
Language: English
Subfield: Forestry
Domain: Life Sciences
Open Access status: diamond
OpenAlex ID: W1409589543