Select Currency
Translate this page

ECONOMICS OF OIL PALM SEEDLING PRODUCTION IN EDO SOUTH SENATORIAL DISTRICT, EDO STATE

Format: MS WORD  |  Chapter: 1-5  |  Pages: 53  |  3440 Users found this project useful  |  Price NGN5,000

  DOWNLOAD THE FULL PROJECT

ECONOMICS OF OIL PALM SEEDLING PRODUCTION IN EDO SOUTH SENATORIAL DISTRICT, EDO STATE

 

ABSTRACT

The study determined the economics of oil palm seedlings production in Edo South Senatorial district, Edo State.  The specific objective was to examine the socio-economic characteristics of the oil palm seedlings producers, identify the methods adopted in raising oil palm seedlings in the study area, to estimate this cost and returns in oil palms production and access it’s profitability and viability, identify the factors affecting the level of income generated by producers and the likely problems of oil palm seedlings production.  The study covered ninety (90) randomly selected oil palm producers from nine villages in the study area.  The results showed that the production of oil palm seedling had a high returns.  The cost of selling price per seedling was N272.378, gross margin had N120.621 and Net profit had N75.932.  The following was found to be major constraint, inadequate finance, time consumption, irregular supply of fresh fruit bunches, and high transportation cost.  Recommendations were made based on the identified problems facing the oil palm seedling producers and it includes provision of planting material as at when due, encouraging farmers to pull their resources together, for farming themselves into cooperative societies.

CHAPTER ONE  
INTRODUCTION  
1.1   BACKGROUND OF THE STUDY

The African Oil Palm, Elaeis guineensi jacq (Jacquin, 2013), is placed in the Arecaceae family which contains about 225 genera with over 2010 species along with coconut and date palms cultivars.  There are 3 naturally occurring forms of the oil palm fruit, termed dura, tenera and pisifera.  The selection of dura female and pisifera male parents is carried out to obtain tenera offspring that produce large oil yield (Breure et al, 2016, Breure, 2013). The African oil palm is native to tropical Africa, from Sierra Leone in the West through the Democratic Republic of Congo in the East, it was domesticated in its native range, probably in Nigeria, and moved throughout tropical Africa by humans who practiced shifting agriculture at least 5,000 years ago (Hartley, 2014).  European explorers discovered the palm in the late 1400’s, and distributed it throughout the world during the slave trade period (Corner, 2016).  In the early 1800’s, the slave trade ended but British began trading with West Africans in Ivory, lumber and palm oil. The oil palm was introduced to the Americans hundred years ago, where it became naturalized and associated with slave plantations, but did not become an industry of its own until the 1960s (Lereka, 2014).  The first plantations were established on Sumatra in 1911, and in 1917 in Malaysia (Raymond, 2011). 


Oil plantations were established in tropical America and West Africa about this time, and in 2013, palm oil production equaled that of soybean, which had been the number one oil crop for many years. Elaeis guineeasis is characterized by its vertical trunk and feathery nature of its leaves every year 20 – 25 new leaves called “frond” develop in continuous whorle at the apex of the trunk (Devendra, 2014).  The fruit bunches develop between the trunk and the base on the new fronds and the plant can reach 60 – 80ft in height in nature, but is rarely more than 20 or 30ft in cultivation.  Although new plantation starts to bear fruit at 3 years, generally, the first commercial crop require between five and six years and continuous to produce for 25 – 30 years, or until the palm grow too high to be harvested.  Once a plantation reaches full production, a new inflorescence is produced every 15 days.  It weights between 15 and 20kg and can conking up to 1500 individual palm fruit of between 8 and 10 grams each (Chavaliar, 2017).  The individual fruits consist of the following four parts, a pericarp, a thin outer skin which upon ripening changes from brown to red or orange, a mesocarp, a large of fibrous material which surrounds the nut, an endocarp or hard inner shell (nut) to protect the seed or kernel and the seed (kernel) (Aighologa, 2015).  The female inflorescence contains 200 – 300 fruits, and fruit set is 50 – 70% fruit riped about 5 – 6 months after pollination (Ergo, 2017). Vegetable and edible oil producer of Nigeria (VEOPAN) claims that, it provided job opportunities for not less than 1.8 million farmer family involved in this production of oil seeds and related crops.  Nigeria with a National 1.3 million tones of palm oil and a population.  Of over 140 million that means each family produces less than 700kg per year, i.e. an average of less than 2kg/day (Eshalomi, 2014). Last year, the vegetable oil sub-sector of Manufacturers Association of Nigeria reported that the market has been very unstable because of high cost of input, excessive smuggling of vegetable oil and faking.  Recently, the group lamented the shortage of palm oil plantation production which is the major raw material for vegetable oil production because it condemned the Federal Government of Nigeria for signing a contract to supply palm oil to Ghana, whose local demand has not been met (Eshlomi, 2014). In Edo State, effort has been made to encourage the establishment of oil palm plantation.  These has yielded some positive result such as establishment of multinational oil palm plantation companies, whose production has follow Presco Industry Limited 22,000 tonnes/year and an indigenous oil palm farm Nosakeri Farm (Vanguard, 2017).


1.2  STATEMENT OF PROBLEM

The production of oil palm seedling is currently the only source of planting materials for oil palm production in Edo State senatorial district.  The entire seedling produced in the world is of the tenera type obtained from fertilizing dura tree with pollen form pisifera tree (Griseb, 2017). The oil palm seedling production is handled directly by organizations such as the Ministry of Agriculture and NIFOR (Wikipedia, 2014). However, it is observe that a number of business oriented persons are not investing in oil palm seedlings production.  What would be responsible for this? The equation therefore is whether investment in oil palm seedling production is not profitable or there are some other problems that are preventing investment in oil palm seedling production. It is necessary to carry out an economic analysis to determine the profitability and viability of oil palm seedling production in Edo South Senatorial district.


1.3  OBJECTIVE OF THE STUDY

The broad objective of the study is the economic analysis of oil palm seedlings production in Edo South senatorial district. The specific objectives are:
i.   To examine the soicio-economic characteristics of the producers of oil palm seedlings in the study area.
ii.   To identify the methods adopted in raising the oil palm seedlings in the study area.
iii. To estimate the cost and returns in oil palm seedlings production and access its profitability and viability.
iv. To identify the factors affecting the level of income generated in the production of oil palm seedlings in the study area. To identify constraints militating/facing against oil palm seedlings production.

  DOWNLOAD THE FULL PROJECT

ECONOMICS OF OIL PALM SEEDLING PRODUCTION IN EDO SOUTH SENATORIAL DISTRICT, EDO STATE

Not The Topic You Are Looking For?



For Quick Help Chat with Us Now!

+234 813 292 6373

+233 55 397 8005


HOW TO GET THE COMPLETE PROJECT ON ECONOMICS OF OIL PALM SEEDLING PRODUCTION IN EDO SOUTH SENATORIAL DISTRICT, EDO STATE INSTANTLY

  • Click on the Download Button above.
  • Select any option to get the complete project immediately.
  • Chat with Our Instant Help Desk on +234 813 292 6373 for further assistance.
  • All projects on our website are well researched by professionals with high level of professionalism.

Here's what our amazing customers are saying

Samuel From Ajayi Crowther University
You guys just made life easier for students. Thanks alot iprojectmaster.com
Excellent
MATTHEW NGBEDE
Ahmadu Bello University
I wish I knew you guys when I wrote my first degree project, it took so much time and effort then. Now, with just a click of a button, I got my complete project in less than 15 minutes. You guys are too amazing!
Excellent
Temitayo Ayodele
Obafemi Awolowo University
My friend told me about iprojectmaster website, I doubted her until I saw her download her full project instantly, I tried mine too and got it instantly, right now, am telling everyone in my school about iprojectmaster.com, no one has to suffer any more writing their project. Thank you for making life easy for me and my fellow students... Keep up the good work
Very Good
Gbadamosi Solomon Oluwabunmi
Lasu
Swift delivery within 9 minutes of payment. Thank you project master
Excellent
JONNAH EHIS
Ajayi Crowther University, Oyo
I was scared at first when I saw your website but I decided to risk my last 3k and surprisingly I got my complete project in my email box instantly. This is so nice!!!
Excellent
Stancy M
Abia State University, Uturu
I did not see my project topic on your website so I decided to call your customer care number, the attention I got was epic! I got help from the beginning to the end of my project in just 3 days, they even taught me how to defend my project and I got a 'B' at the end. Thank you so much iprojectmaster, infact, I owe my graduating well today to you guys...
Excellent
Dau Mohammed Kabiru
Kaduna State College of Education Gidan Waya
This is my first time..Your service is superb. But because I was pressed for time, I became jittery when I did not receive feedbackd. I will do more business with you and I will recommend you to my friends. Thank you.
Very Good
Abdulrahman Jibrin
Nti Abaji
Nice one work prompt delivery tanx
Very Good
Abubakar Iliyasu Hashim
Federal college of education pankshin affiliated to university of jos
I am highly impressed with your unquantifiable efforts for the leaners, more grace to your elbow.I will inform my colleagues about your website.
Very Good
Abraham Ogbanje
NATIONAL OPEN UNIVERSITY OF NIGERIA
At first I was afraid.. But I discovered they are legit. I will bring more patronize
Very Good

FREQUENTLY ASKED QUESTIONS

How do I get this complete project on ECONOMICS OF OIL PALM SEEDLING PRODUCTION IN EDO SOUTH SENATORIAL DISTRICT, EDO STATE?

Simply click on the Download button above and follow the procedure stated.

I have a fresh topic that is not on your website. How do I go about it?

How fast can I get this complete project on ECONOMICS OF OIL PALM SEEDLING PRODUCTION IN EDO SOUTH SENATORIAL DISTRICT, EDO STATE?

Within 15 minutes if you want this exact project topic without adjustment

Is it a complete research project or just materials?

It is a Complete Research Project i.e Chapters 1-5, Abstract, Table of Contents, Full References, Questionnaires / Secondary Data

What if I want to change the case study for ECONOMICS OF OIL PALM SEEDLING PRODUCTION IN EDO SOUTH SENATORIAL DISTRICT, EDO STATE, What do i do?

Chat with Our Instant Help Desk Now: +234 813 292 6373 and you will be responded to immediately

How will I get my complete project?

Your Complete Project Material will be sent to your Email Address in Ms Word document format

Can I get my Complete Project through WhatsApp?

Yes! We can send your Complete Research Project to your WhatsApp Number

What if my Project Supervisor made some changes to a topic i picked from your website?

Call Our Instant Help Desk Now: +234 813 292 6373 and you will be responded to immediately

Do you assist students with Assignment and Project Proposal?

Yes! Call Our Instant Help Desk Now: +234 813 292 6373 and you will be responded to immediately

What if i do not have any project topic idea at all?

Smiles! We've Got You Covered. Chat with us on WhatsApp Now to Get Instant Help: +234 813 292 6373

How can i trust this site?

We are well aware of fraudulent activities that have been happening on the internet. It is regrettable, but hopefully declining. However, we wish to reinstate to our esteemed clients that we are genuine and duly registered with the Corporate Affairs Commission as "PRIMEDGE TECHNOLOGY". This site runs on Secure Sockets Layer (SSL), therefore all transactions on this site are HIGHLY secure and safe!