Constraints to yam (Dioscorea spp) price formation in the urban and rural markets of the western agricultural zone of Nasarawa state, Nigeria
Uchendu Kelvin Iroegbute1, I. Mohammed2, S.A. Jibril2
1Federal University of Kashere, Gombe State,Nigeria., Agricultural Economics and Extension, Nigeria
The research analysed the constraints of yam (Dioscorea spp) to price formation in the urban and rural markets of the Western agricultural zone of Nasarawa State, Nigeria. Well structured questionnaire was used to source for data from 200 hundred randomly selected yam marketers from the urban and rural marketers in the zone. Descriptive statistic such as frequency, mean, and percentages was used to analyse the data. The result obtained revealed that majority (60%) and (62.5%) were male in the urban and rural markets respectively, with the mean ages of 47 years and 43.9 years respectively. The mean household size was 7 and 6 members for the urban and the rural households respectively, of all the constraints to yam price formation, high transport cost, breakage of yam, poor and inadequate storage facilities, activities of middlemen in the markets and lack of many buyers in the markets ranked topmost in the urban and rural markets. Therefore the research suggests a deliberate government policy towards rehabilitation of roads linking the rural and urban markets, and this may enhance trade between urban and rural markets. This will also help to reduce transportation cost and breakage of yam and thereby improving their profitability.
Keywords: Formation, price, rural, socio-economic, urban, yam
Contact Address: Uchendu Kelvin Iroegbute, Federal University of Kashere, Gombe State,Nigeria., Agricultural Economics and Extension, Kashere, Nigeria, e-mail: urchman225gmail.com