PROFITABILITY AND EMPLOYMENT GENERATION FROM SUPPLY OF COMPOST FERTILIZER IN KADUNA STATE, NIGERIA: A WAY TOWARDS REDUCING UNEMPLOYMENT

M SULAIMAN, B D MAGAJI, A ABDULLAHI

Abstract


Agriculture is the largest sector in the Nigerian economy employing more than 70% of the labour force and has continued to be the major macroeconomic objectives of the government. Unemployment are of different types, such as frictional, cyclical, structural etc. Several efforts were made by the past and present governments in Nigeria to provide an enabling environment for income and employment generation among Nigerians, including Operation Feed the Nation in 1976, Poverty Alleviation Program in 2000,Presidential Fertiliser Initiative in 2016 but yet unemployment rate is on the rise. The rate increased from 17.6 million in Q4 2017 to 23.1 in Q3, 2018. It is a known fact that, land fertility is one of the key requirements for good agricultural practice and it can be improved in case of deficiency with compost fertilizers. The act of making compost fertilizer is called composting. The study was aimed to describe how composting and its related activities were carried out; how income, profitability, and employment are generated among respondents in the study area. Purposive selection of respondents, an interview method, Descriptive Statistics and Cost and Revenue Analysis were employed for the analysis of this study. It was learned that for every N1 invested, N3.44k was realized by composting respondent while 47 Kobo for every N1 invested by middleman respondent in the study area as profit. It was also found that composting and its related activities generated income and employment for an average number of 14 persons and for every 250 bags supplied.

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