PROSPECTS OF SMALL-SCALE RICE PROCESSING ENTERPRISE AMONG BENEFICIARY OF MICROFINANCE LOAN IN NIGERIA’S JIGAWA STATE
Article Sidebar
Main Article Content
Abstract
The present study empirically determined the prospects of rice value chain of paddy processors in Jigawa State of Nigeria. In spite of the role of small-scale paddy rice processors as the main engine of growth of upstream rice value chain; growth and development of rural economy in the study area, literature is undaunted with paucity of empirical information on the prospects of rice processing value chain in the study area. The study utilized cross-sectional data elicited through a well-structured questionnaire from a total of 200 processors (133 par-boilers and 67 millers) selected through a multi-stage sampling technique. An easy cost-route approach was used for data collection during the 2022 processing period and the collected data were analyzed using both descriptive and inferential statistics. Based on the empirical evidence, it is established that rice processing potential has not been fully exploited in the study area. In addition, it is evident that rice processing enterprise not only being viable and profitable; it holds a good prospect in the supply value chain of rice in the study area. However, for the prospects in the supply value chain to hold well, the target actors must adopt a defensive mechanism as inferred by the space matrix.
Downloads
Article Details
This work is licensed under a Creative Commons Attribution-NonCommercial 4.0 International License.
The authors who publish in this journal accept the following conditions:
- The authors retain the copyright and assign to the Economics Magazine the right of the first publication, with the work registered under Creative Commons Attribution-NonCommercial 4.0, which enables third parties to redistribute, commercial or non-commercial, of what has been published as long as the article circulates completely and without changes.
- Authors can make other independent and additional contractual agreements for the distribution of the article published in this journal (for example, add it to an institutional repository or publish it in a book) as long as they clearly and clearly specify that the article was published for the first time. once in Revista Economía. In case of reproduction, a note similar to the one presented below must be included: This text was originally published in the Revista Economía No.…, volume…, number of pages, year of publication.
- Authors are suggested to publish their work on the internet (for example, on institutional or personal pages) of the final version published by Revista Economía since this can lead to greater and faster dissemination of the published article.