ISSN: 0041-3216 (Online), 0041-3216 (Print)
Volume 92 Number 3
Economic values of taungya agroforestry adoption and the implication on poverty profile in Ogun State, Nigeria. (242)
This paper deals with the economic values of taungya Agroforestry (AF) adoption and its impact on poverty profile in Ogun state, Nigeria. The multi-stage sampling procedure was used to select 160 farmers from two Agricultural Development Programme Zones for the contingent valuation survey aspect while the simple random sampling was applied to select 100 respondents each that were adopters and non-adopters of taungya AF for the poverty profile aspect. The data generated from the survey were analyzed by descriptive statistics, binary logit regression model and the Foster, Greer and Thobecke (FGT) Index poverty measures. The economic value of taungya AF was N1.32billion for the Agricultural Development Programme Zones and N 3.81billion for the whole State. The economic values for taungya AF are sufficiently enormous to promote the adoption of the practice. These values were significantly (p< .01) influenced by household size (negatively) and contact with extension agents (positively); at (p< .05) by bid (negatively) and cost sharing of taungya AF establishment with the international community (positively); and at (p< .10) by income (positively). The farmers in practice experienced lower incidence, depth and severity of poverty. As educational awareness of these benefits and financial empowerment helped to enhance the adoption, these instruments of policy should be used to help enhance sustainable development in the study area.
Keywords: Economic values, willingness to pay, poverty alleviation, instruments of policy, sustainable development