Research Article
Year 2022,
Volume: 3 Issue: 2, 100 - 109, 31.12.2022
Abstract
Keywords
References
- Adeniran, A. A., Akinnagbe, O. M., Obute, J. E., & Olatunji, T. D. (2018). Rural youth involvement in poultry production in Ido local government area of Oyo State, Nigeria. Asian Research Journal of Agriculture, 9(2), 1-7. https://doi.org/10.9734/ARJA/2018/41689
- Adesehinwa, A. O. K., Saka, J. O., Makanjuola, B. A. M., Sorunke, A. O., & Boladuro, B. (2019). Economics of smallholder chicken egg production among KAFACI project farmers in Southwest Nigeria. Nigerian Journal of Animal Production, 46(4), 144-152. https://doi.org/10.51791/njap.v46i4.261
- Ajala, A. O., Ogunjimi, S. I., Famuwagun, O. S., & Adebimpe, A. T. (2021). Poultry production in Nigeria: Exploiting its potential for rural youth empowerment and entrepreneurship. Nigerian Journal of Animal Production, 48(1), 114-123. https://doi.org/10.51791/njap.v48i1.2890
- Ajani, E. N., Mgbenka, R. N., & Onah, O. (2015). Empowerment of youths in rural areas through agricultural development programmes: Implications for poverty reduction in Nigeria. International Journal of Research in Agriculture and Forestry, 2(2), 34-41.
- Akpan, S. B. (2019). Oil palm fruit supply function in Nigeria. Ife Journal of Agriculture, 31(3), 11-26.
- Akpan, S. B., & Udo, U. J. (2021). Indigenous meat and milk gross production indexes and the dynamic macroeconomic fundamentals in Nigeria: ARDL model approach. Scientific Papers Series Management, Economic Engineering in Agriculture and Rural Development, 21(3), 97-110.
- Akpan, S. B., Udoka, S. J., & Patrick, I. V. (2021). Agricultural sub sectors’ outputs and economic growth in Nigeria: Implication for agricultural production intensification. AKSU Journal of Agriculture and Food Sciences, 5(1), 56-68.
- Akpan, S. B., & Umoren, A. A. (2021). Agricultural production indicators and the dynamic macroeconomic variables in Nigeria: ARDL model approach. Scientific Papers Series Management, Economic Engineering in Agriculture and Rural Development, 21(3), 111-124.
- Akpan, S. B., Ekwere, O. J., & Nkanta, V. S. (2022). The trend in fertilizer consumption and its impact on crop outputs in Nigeria. Journal of Agripreneurship and Sustainable Development (JASD), 5(1), 1-15.
- Ayojimi, W., Ajiboye, B. O., & Bamiro, O. M. (2020). Comparative economic analysis of poultry egg production under two feed management regimes in Ogun State, Nigeria. International Journal of Research and Scientific Innovation (IJRSI), VII(VIII), 107-115.
- Dickey, D. A., & Fuller, W. A. (1979). Distribution of the estimators for autoregressive time series with a unit root. Journal of the American Statistical Association, 74(366), 427. https://doi.org/10.2307/2286348
- Dolberg, F. (2003). A review of household poultry production as a tool in poverty reduction with focus on Bangladesh and India. PPLPI Working Paper No 6. https://doi.org/10.22004/ag.econ.23762
- Elliott, G., Rothenberg, T. J., & Stock, J. H. (1996). Efficient tests for an autoregressive unit root. Econometrica, 64(4), 813-836. https://doi.org/10.2307/2171846
- Engle, R. F., & Granger, C. W. J. (1987). Co-integration and error correction: Representation, estimation, and testing. Econometrica, 55(2), 251-276. https://doi.org/10.2307/1913236
- Esiobu, N. S., Onubuogu, G. C., & Okoli V. B. (2014). Determinants of income from poultry egg production in Imo State, Nigeria: An econometric model approach. Global Advanced Research Journal of Agricultural Science, 3(7), 186-199.
- Fan, S., Omilola, B., Rhoe, V., & Salau, A. S. (2008). Towards a pro-poor agricultural growth strategy in Nigeria. International Food Policy Research Institute Brief No 1.
- FAO. (2019). The future of livestock in Nigeria. https://www.fao.org/3/cb1939en/CB1939EN.pdf
- FAO. (2021). Gateway to poultry production and products. https://www.fao.org/poultry-production-products/production/en/
- FAO. (2022). FAOStat. https://www.fao.org/faostat/en/#data
- Federal Ministry of Environment. (2021). Agriculture in Nigeria. https://environment.gov.ng/
- Gatawa, N. M., & Mahmud, A. A. (2019). Impact of exchange rate fluctuations on agricultural exports (crops) in Nigeria. International Journal of Humanities and Social Science Invention, 6(3), 65-71.
- Hendry, D. F. (1995). Dynamic econometrics. Oxford University Press. https://doi.org/10.1093/0198283164.001.0001
- Huopalahti, R., López-Fandiño, R., Anton, M., & Schade, R. (2007). Bioactive egg compounds. Springer.
- Johansen, S., & Juselius, K. (1990). Maximum likelihood estimation and inference on cointegration with applications to the demand for money. Oxford Bulletin of Economics and Statistics, 52(2), 169-210.
- Madubuike, F. N. (2012). Bridging the animal protein supply and demand gap in Nigeria: An inaugural lecture delivered at Imo State University, Owerri, Nigeria. Imo State University Press.
- Matt, D., Veromann, E., & Luik, A. (2009). Effect of housing systems on biochemical composition of chicken eggs. Agronomy Research, 7(Special issue II), 662-667.
- National Population Commission. (2021). The estimated population of Nigeria. https://www.nationalpopulation.gov.ng/
- Netherlands Enterprise Agency. (2020). Poultry sector study in Nigeria. www.rvo.nl
- Nmeregini, D. C., Onuekwusi, G. C., Ekweanya, N. M., & Elezue, C. S. (2020). Factors influencing involvement of youth in poultry production in Abia State, Nigeria. Journal of Agricultural Extension, 24(4), 161-170. https://doi.org/10.4314/jae.v24i4.16
- Obiageli, I. A. (2020). Effects of exchange rate on agricultural sector output in Nigeria 1987-2019. International Journal of Innovative Finance and Economics Research, 8(3), 43-54.
- Ogunwole, O. A., Ojelade, A. Y., Oyewo, M. O., & Essien, E. A. (2015). Proximate composition and physical characteristics of eggs from laying chickens fed different proprietary vitamin-mineral premixes under two rearing systems during storage. International Journal of Food Science and Nutrition Engineering, 5(1), 59-67. https://doi.org/10.5923/j.food.20150501.08
- Oyakhilomen, O., & Grace, Z. R. (2014). The relationships of inflationary trend, agricultural productivity and economic growth in Nigeria. CBN Journal of Applied Statistics, 5(1), 35-47.
- Price, R. (2019). Youth employment needs in Nigeria. https://opendocs.ids.ac.uk/opendocs/bitstream/handle/20.500.12413/14784/691_Youth_Employment_in_Nigeria.pdf?sequence=1&isAllowed=y
- Udah, S. C., Nwachukwu, I. N., Nwosu, A. C., Mbanasor, J. A., & Akpan, S. B. (2015). Determinants of agricultural export growth in Nigerian. International Journal of Agriculture, Forestry and Fisheries, 3(3), 105-109.
- Udoh, E. J., & Akpan, S. B. (2019). Macroeconomic variables affecting fish production in Nigeria. Asian Journal of Agriculture and Rural Development, 9(2), 2216-2230. https://doi.org/10.18488/journal.1005/2019.9.2/1005.2.216.230
- UNDP (United Nations Development Programme). (2020). Youth empowerment. https://www.undp.org/content/undp/en/home/ourwork/democratic-governance-and-peacebuilding/youth-empowerment/
- USDA (United States Department of Agriculture). (2022). Livestock and meat international trade data. Retrieved August 5, 2022, from https://www.ers.usda.gov/data-products/livestock-and-meat-international-trade-data/
- Wasiu, A., & Ndukwe, C. I. (2018). The impact of exchange rate dynamics on agricultural output performance in Nigeria. International Journal of Accounts and Social Science, 2(5), 12-59.
Year 2022,
Volume: 3 Issue: 2, 100 - 109, 31.12.2022
Abstract
The daily animal protein intake of an average Nigerian is far less than the World Health Organization recommended minimum standard. The egg is the cheapest and most affordable animal protein source in Nigeria, but its production has not been able to match the increasing demand capacity. Premised on the above facts and to identify ways to intensify egg production, the study was specifically designed to examine the trend in egg production and establish the relationship between egg production and selected macroeconomic fundamentals in addition to other variables in Nigeria. The study used time series data from the period 1961 to 2020. The data were sourced from the Food and Agricultural Organization (FAO), the World Bank, and the Central Bank of Nigeria. The Augmented Dickey-Fuller unit root test and ADF-GLS unit root test were used to confirm the stability of the series. The Engle-Granger two-step technique was used to test for the cointegration of the series. The empirical finding showed that the amount of credit disbursed to the agricultural sector, per capita income, and the quantity of maize and chicken meat produced are positive determinants of egg production in both long and short-run periods. In contrast, the consumer price index (inflation rate) relates negatively in both periods to egg production. To upsurge egg production in the country, it is recommended that more credit facilities be injected into the agricultural sector. At the same time, the inflation rate is maintained at a minimal rate in the country.
Keywords
References
- Adeniran, A. A., Akinnagbe, O. M., Obute, J. E., & Olatunji, T. D. (2018). Rural youth involvement in poultry production in Ido local government area of Oyo State, Nigeria. Asian Research Journal of Agriculture, 9(2), 1-7. https://doi.org/10.9734/ARJA/2018/41689
- Adesehinwa, A. O. K., Saka, J. O., Makanjuola, B. A. M., Sorunke, A. O., & Boladuro, B. (2019). Economics of smallholder chicken egg production among KAFACI project farmers in Southwest Nigeria. Nigerian Journal of Animal Production, 46(4), 144-152. https://doi.org/10.51791/njap.v46i4.261
- Ajala, A. O., Ogunjimi, S. I., Famuwagun, O. S., & Adebimpe, A. T. (2021). Poultry production in Nigeria: Exploiting its potential for rural youth empowerment and entrepreneurship. Nigerian Journal of Animal Production, 48(1), 114-123. https://doi.org/10.51791/njap.v48i1.2890
- Ajani, E. N., Mgbenka, R. N., & Onah, O. (2015). Empowerment of youths in rural areas through agricultural development programmes: Implications for poverty reduction in Nigeria. International Journal of Research in Agriculture and Forestry, 2(2), 34-41.
- Akpan, S. B. (2019). Oil palm fruit supply function in Nigeria. Ife Journal of Agriculture, 31(3), 11-26.
- Akpan, S. B., & Udo, U. J. (2021). Indigenous meat and milk gross production indexes and the dynamic macroeconomic fundamentals in Nigeria: ARDL model approach. Scientific Papers Series Management, Economic Engineering in Agriculture and Rural Development, 21(3), 97-110.
- Akpan, S. B., Udoka, S. J., & Patrick, I. V. (2021). Agricultural sub sectors’ outputs and economic growth in Nigeria: Implication for agricultural production intensification. AKSU Journal of Agriculture and Food Sciences, 5(1), 56-68.
- Akpan, S. B., & Umoren, A. A. (2021). Agricultural production indicators and the dynamic macroeconomic variables in Nigeria: ARDL model approach. Scientific Papers Series Management, Economic Engineering in Agriculture and Rural Development, 21(3), 111-124.
- Akpan, S. B., Ekwere, O. J., & Nkanta, V. S. (2022). The trend in fertilizer consumption and its impact on crop outputs in Nigeria. Journal of Agripreneurship and Sustainable Development (JASD), 5(1), 1-15.
- Ayojimi, W., Ajiboye, B. O., & Bamiro, O. M. (2020). Comparative economic analysis of poultry egg production under two feed management regimes in Ogun State, Nigeria. International Journal of Research and Scientific Innovation (IJRSI), VII(VIII), 107-115.
- Dickey, D. A., & Fuller, W. A. (1979). Distribution of the estimators for autoregressive time series with a unit root. Journal of the American Statistical Association, 74(366), 427. https://doi.org/10.2307/2286348
- Dolberg, F. (2003). A review of household poultry production as a tool in poverty reduction with focus on Bangladesh and India. PPLPI Working Paper No 6. https://doi.org/10.22004/ag.econ.23762
- Elliott, G., Rothenberg, T. J., & Stock, J. H. (1996). Efficient tests for an autoregressive unit root. Econometrica, 64(4), 813-836. https://doi.org/10.2307/2171846
- Engle, R. F., & Granger, C. W. J. (1987). Co-integration and error correction: Representation, estimation, and testing. Econometrica, 55(2), 251-276. https://doi.org/10.2307/1913236
- Esiobu, N. S., Onubuogu, G. C., & Okoli V. B. (2014). Determinants of income from poultry egg production in Imo State, Nigeria: An econometric model approach. Global Advanced Research Journal of Agricultural Science, 3(7), 186-199.
- Fan, S., Omilola, B., Rhoe, V., & Salau, A. S. (2008). Towards a pro-poor agricultural growth strategy in Nigeria. International Food Policy Research Institute Brief No 1.
- FAO. (2019). The future of livestock in Nigeria. https://www.fao.org/3/cb1939en/CB1939EN.pdf
- FAO. (2021). Gateway to poultry production and products. https://www.fao.org/poultry-production-products/production/en/
- FAO. (2022). FAOStat. https://www.fao.org/faostat/en/#data
- Federal Ministry of Environment. (2021). Agriculture in Nigeria. https://environment.gov.ng/
- Gatawa, N. M., & Mahmud, A. A. (2019). Impact of exchange rate fluctuations on agricultural exports (crops) in Nigeria. International Journal of Humanities and Social Science Invention, 6(3), 65-71.
- Hendry, D. F. (1995). Dynamic econometrics. Oxford University Press. https://doi.org/10.1093/0198283164.001.0001
- Huopalahti, R., López-Fandiño, R., Anton, M., & Schade, R. (2007). Bioactive egg compounds. Springer.
- Johansen, S., & Juselius, K. (1990). Maximum likelihood estimation and inference on cointegration with applications to the demand for money. Oxford Bulletin of Economics and Statistics, 52(2), 169-210.
- Madubuike, F. N. (2012). Bridging the animal protein supply and demand gap in Nigeria: An inaugural lecture delivered at Imo State University, Owerri, Nigeria. Imo State University Press.
- Matt, D., Veromann, E., & Luik, A. (2009). Effect of housing systems on biochemical composition of chicken eggs. Agronomy Research, 7(Special issue II), 662-667.
- National Population Commission. (2021). The estimated population of Nigeria. https://www.nationalpopulation.gov.ng/
- Netherlands Enterprise Agency. (2020). Poultry sector study in Nigeria. www.rvo.nl
- Nmeregini, D. C., Onuekwusi, G. C., Ekweanya, N. M., & Elezue, C. S. (2020). Factors influencing involvement of youth in poultry production in Abia State, Nigeria. Journal of Agricultural Extension, 24(4), 161-170. https://doi.org/10.4314/jae.v24i4.16
- Obiageli, I. A. (2020). Effects of exchange rate on agricultural sector output in Nigeria 1987-2019. International Journal of Innovative Finance and Economics Research, 8(3), 43-54.
- Ogunwole, O. A., Ojelade, A. Y., Oyewo, M. O., & Essien, E. A. (2015). Proximate composition and physical characteristics of eggs from laying chickens fed different proprietary vitamin-mineral premixes under two rearing systems during storage. International Journal of Food Science and Nutrition Engineering, 5(1), 59-67. https://doi.org/10.5923/j.food.20150501.08
- Oyakhilomen, O., & Grace, Z. R. (2014). The relationships of inflationary trend, agricultural productivity and economic growth in Nigeria. CBN Journal of Applied Statistics, 5(1), 35-47.
- Price, R. (2019). Youth employment needs in Nigeria. https://opendocs.ids.ac.uk/opendocs/bitstream/handle/20.500.12413/14784/691_Youth_Employment_in_Nigeria.pdf?sequence=1&isAllowed=y
- Udah, S. C., Nwachukwu, I. N., Nwosu, A. C., Mbanasor, J. A., & Akpan, S. B. (2015). Determinants of agricultural export growth in Nigerian. International Journal of Agriculture, Forestry and Fisheries, 3(3), 105-109.
- Udoh, E. J., & Akpan, S. B. (2019). Macroeconomic variables affecting fish production in Nigeria. Asian Journal of Agriculture and Rural Development, 9(2), 2216-2230. https://doi.org/10.18488/journal.1005/2019.9.2/1005.2.216.230
- UNDP (United Nations Development Programme). (2020). Youth empowerment. https://www.undp.org/content/undp/en/home/ourwork/democratic-governance-and-peacebuilding/youth-empowerment/
- USDA (United States Department of Agriculture). (2022). Livestock and meat international trade data. Retrieved August 5, 2022, from https://www.ers.usda.gov/data-products/livestock-and-meat-international-trade-data/
- Wasiu, A., & Ndukwe, C. I. (2018). The impact of exchange rate dynamics on agricultural output performance in Nigeria. International Journal of Accounts and Social Science, 2(5), 12-59.
There are 38 citations in total.
Details
| Primary Language | English |
|---|---|
| Subjects | Agricultural Engineering (Other) |
| Journal Section | Research Articles |
| Authors | |
| Early Pub Date | December 13, 2022 |
| Publication Date | December 31, 2022 |
| Submission Date | September 13, 2022 |
| Published in Issue | Year 2022 Volume: 3 Issue: 2 |
