Obong et al
Greener Journal of Agricultural Sciences Vol. 3 (7), pp. 536-541, July 2013.
Manuscript Number: 042313582
Insights on Oil Palm Production Variation and Trade Growths Rates in Nigeria
E.A. Antia-Obong1*, O.W. Ibok2, E.S. Udoh2 and E.E. Daniel3
1Department of Economics; 2Department of Agricultural Economics and Resource Management; 3Department of Political Science / Public Administration; Akwa Ibom State University, Obio-Akpa Campus, P.M.B 1167, Uyo, Akwa Ibom State, Nigeria.
*Correspondence Author: essienantiaobong @ yahoo.com,
This research was conducted to study various policy regimes
in Nigeria with a focus on Oil palm production variations
and trade growth rates from 1961-2007. Objectives of the
study were; To determine the variations in oil palm
production (yield, output and harvested area) overtime.; to
test for differences in the variation of oil palm output and
to estimate growth rates of palm oil trade (import/export)
quantities. Data used for the study was obtained from
FAOSTAT and covered area (hectare), yield (hg/ha), output (tonnes),
import and export quantities (tonnes). The Coefficient of
Variation (CV) was used to estimate the variations for each
period. The Kruskal- Wallis test was employed to test for
differences in the variation of oil palm output. While the
Log-Linear regression model was used to estimate the growth
rates. Findings show periods of general instability in oil
palm output which accompanied decreasing export and
increasing imports growth rates. The study recommends a
sustained medium to long term agrifood policy that
emphasizes productivity of all factors of production while
also encouraging the industrial utilization of oil palm
products to ensure rapid and sustained production.
Keywords: Coefficient of Variation (CV), Variability, Growth rates, Sub-periods, Palm oil.
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