Palm Oil Marketing in a Contemporary Social Environment: Implications for Achieving Food Security through Science and Technology in Isoko North Local Government Area, Delta State, Nigeria

Tibi K.N., Akpobasa B.I.O

Abstract: The study was carried out to assess the impact of science and technology on palm oil marketing towards achieving food security in Isoko North Local Government Area, Delta State. Multi stage sampling technique was employed in selecting respondents. First stage involves the random selection of ten communities from the study area; in the second stage one town was randomly selected from each of the ten communities; and third stage involve the random selection of five respondents from each of the towns making a samples size of 50. Data was collected through primary and secondary sources. Primary source was through questionnaire while secondary source include text books, journal, internet etc. Data was subjected to descriptive statistics. Hypothesis was tested with chi-square and regression analysis.. Result of the study revealed that majority of the respondent fall within the age bracket of 41- 50 years (50%) the rest were 20- 30 years (50%), 31-40 years (9%) and 51 years above (11%) respectively. The study also reviewed that there were more females (70%) than males (30%) involve in palm oil marketing in Isoko North LGA.  Most of the respondents were married (60%).Those single were 26% while divorced and widows were 8% and 6% respectively. The results show that the modern method processes more Fresh Fruit Bunches (FFB) per worker per year than the traditional method. Modern mills process a total of 1.8 tons of FFB per worker per year, compared to the traditional method of 0.98 tons/worker/year. The average quantity of palm oil sold per week per respondent was 156 litres and the prices vary from one marketer to the other; from N250 to N270 per litre. The regression analysis showed significance at 5% with p value < 0.05 with the socio economic factors such as age, marital status, education, price of palm oil among others having significant effect on the income of palm oil marketing in the study area. Therefore, palm oil marketers and processors should take advantage of the modern technology in order to improve their income, market efficiency and achieve food security.

Keywords: Palm oil Marketing Income Traditional Modern Technology.

Title: Palm Oil Marketing in a Contemporary Social Environment: Implications for Achieving Food Security through Science and Technology in Isoko North Local Government Area, Delta State, Nigeria

Author: Tibi K.N., Akpobasa B.I.O.

International Journal of Social Science and Humanities Research

ISSN 2348-3156 (Print), ISSN 2348-3164 (online)

Research Publish Journals

Vol. 4, Issue 1, January 2016 – March 2016

Citation
Share : Facebook Twitter Linked In

Citation
Palm Oil Marketing in a Contemporary Social Environment: Implications for Achieving Food Security through Science and Technology in Isoko North Local Government Area, Delta State, Nigeria by Tibi K.N., Akpobasa B.I.O