Research Article | Published October 2013

Journal of Agricultural and Crop Research, Vol. 1(4), pp. 55-60

Department of Agricultural Economics and Rural Sociology, Faculty of Agricultural Technology, Niger Delta University Wilberforce Island, P.M.B. 71 Bayelsa State, Nigeria. E-mail: princekainga@yahoo.com, pekainga@gmail.com.  Tel: +2348037760146.

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The study focused on budgetary analysis of banana and plantain production enterprises in Bayelsa State of Nigeria. A three-stage sampling technique was used in drawing the sample for this study. The first stage involved purposeful selection of four (4) out of the eight (8) Local Government Area (LGAs) of the State where farming activities was predominant. The LGAs were Southern Ijaw, Yenagoa, Sagbama and Ogbia. The second stage involved random selection of nine (9) villages in each of the LGAs. While the third stage involved random selection of five (5) farm households who engaged in banana and plantain based farm enterprises from each of the villages sampled. This gave a sample size of 180 farm households. The data were analyzed using mean and budgetary models. Farm holdings were on average 0.12 and 0.89 hectare for banana and plantain enterprises respectively. Net annual returns for banana and plantain enterprises were ₦47,461.11 and ₦242,690.53, respectively. Plantain enterprises had higher return to naira invested of 0.74 k. Net returns associated with banana and plantain production enterprises can be enhanced by the provision of credit/ loan, farm inputs, farm equipment, good rural roads with improved varieties of suckers as well as ensuring access to extension services and improved farming technologies by Government, Non-Governmental Organisations (NGOs) and institutions alike through genuine political will.

Key words: Budgetary analysis, banana, plantain, production, enterprises, Bayelsa State, Nigeria.

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Citation: Kainga PE (2013). Budgetary analysis of banana (Musa sapientum L.) and Plantain (Musa paradisiaca L.) production. J. Agric. Crop Res. 1(4): 55-60.