ANALYSIS OF FARM HOUSEHOLDS POVERTY STATUS IN OGUN STATES, NIGERIA
Journal Title: Asian Economic and Financial Review - Year 2014, Vol 4, Issue 3
Abstract
The paper examined the poverty status of farm households in Ogun State, Nigeria using a descriptive statistics, Foster, Greer and Thorbecke poverty (FGT) indices and Logit regression model. The data used were generated from a survey involving 117 farm household’s randomly selected using multistage sampling technique. Results of analysis revealed that majority (70.9%) of the farm households do not have access to potable water; they live in mud buildings while the common toilet facility was the bush. The mean per capita consumption expenditure among the farm households was ₦9,103.85 with the FGT poverty incidence, poverty gap and severity of poverty estimated to be 78.1%, 55.8% and 43.0% respectively. Poverty incidence was found to be higher among male headed (60%) and farming (63.9%) households and those having over five members (66.1%).The logit regression further indicates that the likelihood of being poor were more with large households, non-educated farm households head and households without access to credit and other non-farm income. It is therefore recommended that government should strengthen the various government credit agencies in order for them to make enough credit available to farmers, strengthen the adult literacy education programmes and encourage farmers to expand their farm land for increased production.
Authors and Affiliations
ADEKOYA Olusoji Adetayo| Director of Planning, Research and Statistics Local Government Service Commission, Abeokuta, Ogun State, Nigeria
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