Sodeeq Et Al


Sodeeq et al

Greener Journal of Agricultural Sciences

Vol. 10(1), pp. 34-42, 2020

ISSN: 2276-7770

Copyright ©2020, the copyright of this article is
retained by the author(s)








Comparative Financial Analysis among Two Actors of
Cassava Value Chain in Oyo State.



A.E, 1Ibrahim, A.G, 1Lamidi, L.O, 1Famuyiwa,



1. Department of Agricultural
Extension and Management, Federal College of Animal Health and Production
Technology, Moor Plantation, Ibadan

2. Department of Agricultural
Economics, University of Ibadan, Ibadan







Article No.: 01142008

Type: Research



Value chain has been perceived as an efficient strategy and magic
formula for development of sustainable agriculture in Nigeria.
Unfortunately, the issue of finance specificity
which is a paramount element in value chain development
is left out in
many studies on cassava value chain. This study thus comparatively
investigated finance analysis among two actors of cassava value chain in Oyo
State, Southwestern, Nigeria. Data were collected using structured
questionnaire administered to respondents (150 farmers and 150 processors)
selected by multistage sampling techniques across Agricultural Development Program (ADP)
Administrative Regions in the state while analytical tools used were
descriptive and Tobit regression
. The result reveals that 79.3% of farmers in cassava value chain
were male, mostly youth with average age of 35 years and secondary education
while all the processors were female, 
middle aged with average age of 45 years and most having primary
education. Also, variety in demand for financial needs exist among the actors
as majority of farmers needed more than N200,000 while processors needed
N50,000 or less. Experience as a cassava farmer (prob < 0.10), farm size
(prob < 0.05), secondary occupation (prob < 0.01), monthly income (prob
< 0.01) and disbursement lag (prob < 0.01) were found to have
significant positive impact on the extent of finance accessibility by farmers
while business size (Prob <0.01) and finance ration (Prob <0.10) were
found to have significant positive impact on the extent of finance
accessibility by processors.
Thus, the study recommended that Finance should be made available at the right time preferably rainy season for
the actors in all the stages of cassava value chain for more produce and
Nigerian Agricultural Co-operative Bank, Commercial Banks and various
Community Bank, etc. have a great role to play in this regard.


Accepted:  16/01/2020

Published: 25/02/2020


*Corresponding Author

Sodeeq AE

E-mail: srenesi@



Value Chain; Cassava; Finance; Farmers; Processors




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this Article:
Sodeeq, AE; Ibrahim, AG; Lamidi, LO;
Famuyiwa, AK (2020). Comparative Financial Analysis among Two Actors of
Cassava Value Chain in Oyo State. Greener
Journal of Agricultural Sciences
10(1): 34-42.



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