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Per Capita Meat Consumption: The Trend and Macroeconomic Determinants in Nigeria
Abstract
This study examined trends in per capita consumption of game meat, mutton, pork, and total meat and provided evidence of their correlation with key macroeconomic factors in Nigeria. Data from the Food and Agricultural Organization (FAO), the Central Bank of Nigeria (CBN), and the World Bank (WB) covering the period 1981-2021 were analyzed. The results showed that game meat, mutton, pork, and total meat consumption per capita recorded annual exponential growth rates of -0.87%, 2.05%, 2.08%, and -0.54%, respectively. The empirical results showed that the inflation rate, nominal exchange rate, GDP per capita, credit to the agricultural sector, and the capacity utilization rate in the meat industry influence the per capita consumption of game meat, mutton, pork, and the total meat consume in both the short and long-run periods. To increase the per capita meat consumption in the country, it is strongly recommended that appropriate macroeconomic measures should be adopted to reduce the current inflation rate and the nominal exchange rate (N/$). At the same time, concerted efforts should be made to increase Nigerians purchasing power through an increase in the per capita GDP.
Keywords
References
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Details
Primary Language
English
Subjects
Agricultural Policy
Journal Section
Research Article
Early Pub Date
April 23, 2024
Publication Date
August 15, 2024
Submission Date
July 20, 2023
Acceptance Date
January 18, 2024
Published in Issue
Year 2024 Volume: 27 Number: 4
APA
Akpan, S., Udoh, E., & Nkanta, V. S. (2024). Per Capita Meat Consumption: The Trend and Macroeconomic Determinants in Nigeria. Kahramanmaraş Sütçü İmam Üniversitesi Tarım Ve Doğa Dergisi, 27(4), 972-983. https://doi.org/10.18016/ksutarimdoga.vi.1329540
AMA
1.Akpan S, Udoh E, Nkanta VS. Per Capita Meat Consumption: The Trend and Macroeconomic Determinants in Nigeria. KSU J. Agric Nat. 2024;27(4):972-983. doi:10.18016/ksutarimdoga.vi.1329540
Chicago
Akpan, Sunday, Edet Udoh, and Veronica S. Nkanta. 2024. “Per Capita Meat Consumption: The Trend and Macroeconomic Determinants in Nigeria”. Kahramanmaraş Sütçü İmam Üniversitesi Tarım Ve Doğa Dergisi 27 (4): 972-83. https://doi.org/10.18016/ksutarimdoga.vi.1329540.
EndNote
Akpan S, Udoh E, Nkanta VS (August 1, 2024) Per Capita Meat Consumption: The Trend and Macroeconomic Determinants in Nigeria. Kahramanmaraş Sütçü İmam Üniversitesi Tarım ve Doğa Dergisi 27 4 972–983.
IEEE
[1]S. Akpan, E. Udoh, and V. S. Nkanta, “Per Capita Meat Consumption: The Trend and Macroeconomic Determinants in Nigeria”, KSU J. Agric Nat., vol. 27, no. 4, pp. 972–983, Aug. 2024, doi: 10.18016/ksutarimdoga.vi.1329540.
ISNAD
Akpan, Sunday - Udoh, Edet - Nkanta, Veronica S. “Per Capita Meat Consumption: The Trend and Macroeconomic Determinants in Nigeria”. Kahramanmaraş Sütçü İmam Üniversitesi Tarım ve Doğa Dergisi 27/4 (August 1, 2024): 972-983. https://doi.org/10.18016/ksutarimdoga.vi.1329540.
JAMA
1.Akpan S, Udoh E, Nkanta VS. Per Capita Meat Consumption: The Trend and Macroeconomic Determinants in Nigeria. KSU J. Agric Nat. 2024;27:972–983.
MLA
Akpan, Sunday, et al. “Per Capita Meat Consumption: The Trend and Macroeconomic Determinants in Nigeria”. Kahramanmaraş Sütçü İmam Üniversitesi Tarım Ve Doğa Dergisi, vol. 27, no. 4, Aug. 2024, pp. 972-83, doi:10.18016/ksutarimdoga.vi.1329540.
Vancouver
1.Sunday Akpan, Edet Udoh, Veronica S. Nkanta. Per Capita Meat Consumption: The Trend and Macroeconomic Determinants in Nigeria. KSU J. Agric Nat. 2024 Aug. 1;27(4):972-83. doi:10.18016/ksutarimdoga.vi.1329540
