Research Article

ECONOMIC PERFORMANCE of WOMEN HONEY MARKETERS in ENUGU STATE, NIGERIA

Volume: 23 Number: 1 May 19, 2023
EN TR

ECONOMIC PERFORMANCE of WOMEN HONEY MARKETERS in ENUGU STATE, NIGERIA

Abstract

Honey marketing is an important off-farm economic activity for women's livelihood and sustenance. Despite this, there is scant information in the literature about the economic performance of women honey marketers. Therefore, this study investigates the economic performance of women marketers, its drivers, and its challenges. Data collected from 120 women honey marketers were analyzed using descriptive statistics, gross profit, net profit, benefit-cost ratio, return on capital invested, operating ratio, marketing margin, and multiple regression. We found that honey marketing was a profitable venture, as indicated by the high gross profit (USD 262.08), net income (USD 257.03), marketing margin (56%), benefit-cost ratio (1.72), and return on capital invested (0.72) per 58.14 liters sold. Honey marketing also had a low operating ratio of 0.57. Thus, women honey marketers performed economically well. The significant factors that enhanced the profitability of honey marketing were education, experience in honey marketing, credit, and membership in an association. While age, purchasing costs, and transportation costs reduced honey marketing profitability. Inadequate capital and credit, price fluctuations, a poor road network, high transportation costs, adulteration, and poor marketing information were the major severe constraints faced in honey marketing. These call for the provision of credit, training, and education to honey marketers by the government to enhance the profitability of the enterprise.

Keywords

References

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Details

Primary Language

English

Subjects

Economics, Agricultural Engineering (Other), Zootechny (Other)

Journal Section

Research Article

Publication Date

May 19, 2023

Submission Date

February 17, 2023

Acceptance Date

March 19, 2023

Published in Issue

Year 2023 Volume: 23 Number: 1

APA
Mukaila, R., Falola, A., Akanbi, S.- usman O., Awoyelu, F. E., Umaru, I. I., Obalola, O., & Cosmas, O. (2023). ECONOMIC PERFORMANCE of WOMEN HONEY MARKETERS in ENUGU STATE, NIGERIA. Uludag Bee Journal, 23(1), 78-92. https://doi.org/10.31467/uluaricilik.1252366
AMA
1.Mukaila R, Falola A, Akanbi S usman O, et al. ECONOMIC PERFORMANCE of WOMEN HONEY MARKETERS in ENUGU STATE, NIGERIA. U. Arı. D.-U. Bee J. 2023;23(1):78-92. doi:10.31467/uluaricilik.1252366
Chicago
Mukaila, Ridwan, Abraham Falola, Sheu-usman Oladipo Akanbi, et al. 2023. “ECONOMIC PERFORMANCE of WOMEN HONEY MARKETERS in ENUGU STATE, NIGERIA”. Uludag Bee Journal 23 (1): 78-92. https://doi.org/10.31467/uluaricilik.1252366.
EndNote
Mukaila R, Falola A, Akanbi S- usman O, Awoyelu FE, Umaru II, Obalola O, Cosmas O (May 1, 2023) ECONOMIC PERFORMANCE of WOMEN HONEY MARKETERS in ENUGU STATE, NIGERIA. Uludag Bee Journal 23 1 78–92.
IEEE
[1]R. Mukaila et al., “ECONOMIC PERFORMANCE of WOMEN HONEY MARKETERS in ENUGU STATE, NIGERIA”, U. Arı. D.-U. Bee J., vol. 23, no. 1, pp. 78–92, May 2023, doi: 10.31467/uluaricilik.1252366.
ISNAD
Mukaila, Ridwan - Falola, Abraham - Akanbi, Sheu-usman Oladipo - Awoyelu, Festus Eluwandedurojaye - Umaru, Ibrahim Isaac - Obalola, Oyeyode - Cosmas, Onaku. “ECONOMIC PERFORMANCE of WOMEN HONEY MARKETERS in ENUGU STATE, NIGERIA”. Uludag Bee Journal 23/1 (May 1, 2023): 78-92. https://doi.org/10.31467/uluaricilik.1252366.
JAMA
1.Mukaila R, Falola A, Akanbi S- usman O, Awoyelu FE, Umaru II, Obalola O, Cosmas O. ECONOMIC PERFORMANCE of WOMEN HONEY MARKETERS in ENUGU STATE, NIGERIA. U. Arı. D.-U. Bee J. 2023;23:78–92.
MLA
Mukaila, Ridwan, et al. “ECONOMIC PERFORMANCE of WOMEN HONEY MARKETERS in ENUGU STATE, NIGERIA”. Uludag Bee Journal, vol. 23, no. 1, May 2023, pp. 78-92, doi:10.31467/uluaricilik.1252366.
Vancouver
1.Ridwan Mukaila, Abraham Falola, Sheu-usman Oladipo Akanbi, Festus Eluwandedurojaye Awoyelu, Ibrahim Isaac Umaru, Oyeyode Obalola, Onaku Cosmas. ECONOMIC PERFORMANCE of WOMEN HONEY MARKETERS in ENUGU STATE, NIGERIA. U. Arı. D.-U. Bee J. 2023 May 1;23(1):78-92. doi:10.31467/uluaricilik.1252366

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