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ADOPTION OF PALM OIL PROCESSING TECHNOLOGIES IN OSUN STATE NIGERIA

. Belewu K.Y., Ajibade T.B., Osasona K.K and Asiru A.A Department of Agricultural Economics and Farm Management, University of Ilorin, Nigeria.


Abstract

This study was carried out in order to determine the specific factors that significantly influence adoption of palm oil processing technologies in the study area. A simple random sampling technique was used in the selection of one hundred and twenty palm oil processors. Data were collected, using structured questionnaire, and analyzed, using double hurdle regression model, multiple regression analysis, tobit regression model and likert type scale. Findings revealed that processors were mostly female (78.63%), with mean age of 45.6 years and 68.37% had low literate. The respondents had mean processing experience of 22 years,0.10 .they also had low access to credit facilities and it was discovered that 32.48% of the processors had contact with extension agents. The study reveals that quite a number almost 50% of the respondents didn’t belong to processors association which could deter the access to credit and other production benefit they could get from government and NGOs. The study also revealed that adopters of palm oil processing technologies had increase in both their income and output. Respondents reported that the technologies were compatible, complex and very expensive, while accessibility to credit facilities was another serious constraint facing the processors. It is therefore recommended that credit scheme should be instituted and made available to processors by government and other financial institutions.

 

Key Words: Palm oil, Processor, Technology, Credit

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