ANALYSIS OF THE VALUE OF CHAIN IN THE MARKET OF BAMBARANUT IN MAKURDI LOCAL GOVERNMENT AREA OF BENUE STATE
Abstract
The research survey on analysis of the value chains in the marketing of bambara nut in
Makurdi Local Government Area of Benue State. Data was collected from primary sources
using well structured questionnaire which was administered to respondents with the aid of
enumerators from 120 respondents. Descriptive statistics such as frequency distributions and
percentages was used for analysis. Likert scale rating technique was used to realize objective
(v), gross margin analysis was used to determine the profitability of bambara nut marketing.
The results show that majority (53.33%) of the respondents are between the age of 31-
40years (45.83%) were at the age of 21-30years. The results also indicated that most of the
respondents were married (63.33%) while 19.17% were widows and 10.83% were divorced
why 6.67% were single. Mean total variable and fixed cost of marketing is 446590.0000 and
92057.9167 while the total revenue is 465162.5000. The gross margin was
418572.5000. The net profit is 326514.5833. Majority of the respondents agreed to all the
problems listed in the table as constraint to bambara nut marketing in the study area. It was
concluded that the marketing and processing of bamabara nut in Makurdi local government
area of Benue state is a profitable venture, despite the potential of the bamabara nut
enterprise in the study area it is faced with many constraint which need urgent attention in
other to be able to fully harness this potentials.
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