IIARD International Institute of Academic Research and Development

INTERNATIONAL JOURNAL OF ECONOMICS AND FINANCIAL MANAGEMENT (IJEFM )

E-ISSN 2545-5966
P-ISSN 2695-1932
VOL. 8 NO. 3 2023
DOI: https://doi.org/10.56201/ijefm.v8.no3.2023.pg1.15

---

Evaluating Poverty Status of Rural Rice Farmers in the Benue Valley

Lucyann C.A., Tyonongu D., Akunna G.G.

---

Abstract

An important part of the post-2015 MDG process and the African Union's Agenda 2063 is the eradication of extreme poverty. This study was carried out to offer empirical proof of the impact of rice growing on rural farm families' poverty status in Benue Valley, Benue State, Nigeria. Data were gathered from 254 farm families in the research area who were chosen at random. To analyze the data, descriptive and econometric approaches were also used. The findings indicate that a combination of very poor, moderately poor, and non-poor households can be found in the research area. Family size increased poverty, although age, educational achievement, and nonfarm income by family heads decreased its prevalence. The study recommends strengthening and enhancing the farmers' educational status in light of these findings. Farmers are also urged to participate in other economic activities such petty trading and off-farm activities because these have a tendency to stabilize income and lower income volatility. Provision of educational facilities and equipping households with fundamental skills are two examples of specialized programs that are encouraged to lessen the occurrence of poverty.

---

References:

Agbarevo, M.N.B. and Nmeregini, D.C (2019). Effect of non-farm income-generating activities
on poverty reduction among rural households in Abia State, Nigeria. International Journal
of Agriculture and Research, 2(1): 15 -25.

Ajakaiye, D. O and Adeyeye, V. O., 2001. The Nature of Poverty in Nigeria. Nigeria Institute of
Social and Economic Research (NISER). Ibadan: NISER Monograph Series No. 31.

Ajegi, S.O. (2002). The affluence of poverty: a critical evaluation of Nigeria’s poverty reduction
programmes. Journal of Economic & Social Research. Vol.1, No.1.

DOWNLOAD PDF

---

Back