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Comparative Analysis of the Trend in Production, Export and Credit Facility of Natural Rubber and Cocoa in Nigeria

Author

Listed:
  • Abolagba, E. 0
  • Alabi, R. A.
  • Agbonkpolor, B.N.

Abstract

The study analyzed the trend in production, export and credit facility for cocoa and natural rubber in Nigeria. Secondary data of 24 years old were obtained. The data were however analyzed using descriptive statistics to explain the trend in production, exp01t and credit facility. Data showed increasingly and decreasingly fluctuating pattern for Cocoa and natural rubber, respectively.· This may be attributed to Government Policies such as the Structural Adjustment Programme and the Presidential Initiatives on cocoa and natural rubber; low market price and low output. Effort to boost Nigeria's cocoa and rubber production with consequent increase in export will need to incorporate sustainability in policy implementation, control indiscriminate felling of productive rubber trees and rehabilitating old plantations.

Suggested Citation

  • Abolagba, E. 0 & Alabi, R. A. & Agbonkpolor, B.N., 2007. "Comparative Analysis of the Trend in Production, Export and Credit Facility of Natural Rubber and Cocoa in Nigeria," 2007 Annual NAAE Conference, November 5-8, Bauchi, Nigeria 329348, Nigerian Association of Agricultural Economists.
    • Handle: RePEc:ags:naae07:329348
    DOI: 10.22004/ag.econ.329348
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