Economic analysis of the marketing of plantain: a case study of uhunmwode and ovia north east local government areas of edo state, Nigeria

Abstract

This study concentrated on economic analysis of the marketing of plantain in Uhunmwode and Ovia North East Local Government Areas of Edo State. Six markets, made up of three from each local governmnet were selected because of their high population of plantain marketers and their approximate equal sizes. Data were collected with a well structured questionnaire administered to sixty randomly selected plantain marketers from the six markets . Personal interview, observation method and weighing of plantain were also carried out. Data were analysed using descriptive statistics, deviation, correlation coefficient and t- test. The results revealed that differences exist in the price of plantain in the selected markets due to transportation cost, storage cost, initial purchase price of the plantain, bruising/spoilage, off-season scarcity and inadequate market information.
Keywords: Economics analysis, plantain marketing, Uhunmwode and Ovia North East, Edo State.