RETURNS ON INVESTMENT OF BROILER VALUE CHAIN ACTORS OF THE POULTRY INDUSTRY IN NIGER STATE, NIGERIA

Abstract

This study examined the returns on investment of broiler value chain in Niger State, Nigeria. Adopting combined (multistage, purposive and random) sampling techniques, data were collected using well structured questionnaire. Responses collected were analyzed using functional analysis, descriptive statistics, econometrics, and farm budgeting techniques. Findings revealed that the functions of the value chain actors were categorized into input supply, farmer, processor, and trader. The returns on investment of the value chain actors were 58.45, 124.21 and 16.99 % for the farmers, processors and traders respectively. The broiler farmers were constrained by the lack of capital, seasonality, disease outbreak amongst others. The broiler processors were constrained by lack of capital, energy supply amongst others. Season of the year, lack of capital among others were identified by the broiler traders. It was recommended that government should adopt a bottom-to-top approach in policy formulation and providing credit facility to help the value chain actors partake in economic activities in Niger State, Nigeria.