@article{Abdulazeez:304680,
      recid = {304680},
      author = {Abdulazeez, R. O. and Abdulrahman, S. and Oladimeji, Y.  U.},
      title = {Economic Diversification Strategies of Farmers Under the  Kogi Accelerated Rice Production Programme (KARPP)},
      journal = {Nigerian Journal of Agricultural Economics},
      address = {2019-10-31},
      number = {2066-2020-1441},
      month = {Oct},
      year = {2019},
      abstract = {The scope of this study was to examine profitability and  determine the factors influencing diversification  strategies among rice farmers that participated in Kogi  Accelerated Rice Production Programme (KARPP). Primary data  were obtained through multistage sampling procedure from  216 participating farmers. Descriptive statistics, gross  margin, Gini coefficient, Lorenz curve and Tobit models  were employed for data analysis. The results showed that  the average total cost (TC) incurred by the farmers was  ₦127,981.00/ha, with a gross margin of ₦182,092.20/ha and  net farm income of ₦159,592.00. The return on investment  (ROI) was 1.25 implying that for every one naira invested  in rice production, a profit of ₦1.25 was recorded. This  indicates that rice production is profitable in the study  area. The study also revealed that 52.3% of the farmers had  an income greater than ₦90,000. The Gini Coefficient  recorded was 0.729 which implied a greater degree of income  inequality among the participant.  The findings revealed  that variables such as sex (p<0.01), age (p<0.01), marital  status (p<0.01), household size (p<0.1), farming experience  (p<0.01) and extension contact (p<0.01) were the main  determinants of diversification strategies. It is  recommended that extension service delivery to rice farmers  should be strengthened by government and non-governmental  organisation through increased funding of extension  agencies. Finally, it is suggested that any policy aimed at  improving the livelihood strategies of the rice farmers  should at least for now target both primary and secondary  occupations. There is also the need for Kogi government  state to scale up the programme to other non-beneficiary  communities.},
      url = {http://ageconsearch.umn.edu/record/304680},
      doi = {https://doi.org/10.22004/ag.econ.304680},
}