Socio-economic analysis of bridelia micrantha in Lagos State, Nigeria

Abstract

This study investigated the socio-economics, parts most commonly used and the cost and returns of investment on Bridelia micrantha. Data were collected through structured questionnaire. One hundred (100) copies of questionnaire was administered to Bridelia micrantha traders in 2 selected markets in Lagos. The markets were Ikotun and Ojuwouye markets at Alimosho and Mushin Local Government Areas (LGAs) respectively. Data were analysed using descriptive statistical tools and budgetary analysis. Results revealed that marketing of Bridelia micrantha was female dominated and involved people in their active age period of 45 years and above. Majority (84.0%) of the respondents were married, source their funds from personal savings (66.0%) with formal education (45.0%) up to at least primary level. Most of them purchase their products through both wholesales and retails. It was also revealed that the part that is commonly used and requested for at the study areas was the bark. The result of the monthly profitability in the two areas showed that it was a bit profitable at Ojuwoye market which was 0.93% than Ikotun market which was 0.92%. Following the result of this study, it can be concluded that the respondents had little knowledge of Bridelia micrantha products in traditional health care and nutrition. Adequate extension services should be provided on the importance and uses of Bridelia micrantha for treatment of human illness.