Effects of Cooperative Loan on the Cattle Marketing in Ogun State, Nigeria




This study examined the effect of cooperative society loan on the cattle rearing and marketing in Ogun State, Nigeria. Specifically the study described the socio-economic characteristics of the respondents; examined the cost and returns to cattle marketing, analyze the effect of cooperative on returns to cattle marketing and identified the problem encountered in cattle marketing.  A total of fifty (50) well-structured research questionnaires were administered among cattle marketers in the area, but forty seven (47) were returns good and used for analysis. The data generated were analyzed using descriptive and inferential statistics. The result revealed that majority of the respondents, constituting about 68.0% fall within the active age range of 31-50 years with the average age of the respondents was 45 years. Majority (89.4%) of the respondents had at least one form of education or the other, and majority (89.4%) of respondents are membership of cattle marketing association. The total revenue for cattle marketing was N1,297,430.56 while the total marketing cost  was  N1,071,391.84 representing  60.36%  of  the total revenue. The marketing efficiency index of the cattle marketers was 1.21%. This value is well above 100%, implying that the revenue generated from cattle by the marketers is sufficient to offset all costs with reasonable proportion as profit margin. The net income was significantly influenced by age, marital status, years of formal education and amount of loan borrowed. It is however experiencing major setbacks, for instance, price fluctuation and high cost of transportation. It is therefore recommended that youths should be encouraged to participate in marketing activities to expand the current marketing system and to address the challenges facing agriculture in term of food insecurity and revenue generation.


Adegbite D. A., Momoh S. and Alade A. (2007). Determinants of savings mobilization in Ogun State, Nigeria. Journal of Sustainable Development; 4(1&2), 43 – 48.
Adejobi A. O. (2005). Cowpea Marketing in Maiduguri, Borno State: Investigation on building a food Marketing Policy Evidence base in Nigeria. Scholarly Journal of Agricultural Science, 4(8), 449–459.
Anigbogu T. U., A. O. Taiwo and O. F. Nwachukwu (2016). Performance assessment of farmers multipurpose cooperative societies (FMCS) in marketing of members farm produce in Benue State, of Nigeria. Cogent Social Sciences, 2: 1219211
Asmare B. (2018). Smallholder farmers’ livestock production and marketing in Bahir Dar Zuria District, Northwestern Ethiopia. Journal of Development and Agricultural Economics, 10(5): 159-164
Baba A. W. (2017). Profit Margin of Cattle Marketing In Maiduguri: An Economic Essential. International Journal of Scientific & Engineering Research; 8(6): 886-901
DiBona J. (2009) Co-op marketing yields more bang for the buck. Retrieved April 29, 2009, from http://www.sandiego.org/article/Media/267
Endalew B. and Ayalew Z. (2016). Assessment of the Role of Livestock in Ethiopia: A Review. Am. Eur. J. Sci. Res., 11(5):405-410
Girei A. A., B. Dire and B. H. Bello (2014). Economics of cattle marketing on the socio-economic characteristics of cattle marketers in central zone of Adamawa State, Nigeria. Int. J. Adv. Agric. Res.; 2: 1-7
Kristjanson P. (2010). Understanding poverty dynamics in Kenya. Journal of International Development, 22, 978–996.
Mafimisebi T. E., Bobola O. M. and Mafimisebi O. E. (2014). Fundamentals of Cattle Marketing in Southwest, Nigeria: Analyzing Market Intermediaries, Price Formation and Yield Performance. Applied Tropical Agriculture; 19(1): 30- 38
Mande S. and Lawal K. A. A. (2014). Cooperative marketing societies and its challenges for sustainable Economic Development in Lagos, Nigeria. IOSR Journal of Research & Method in Education, 4(6): 24-31
McDermott J.J. (2010). Sustaining intensification of smallholder livestock systems in the tropics. Livestock Science; 130: 95–109.
Okewu J. and Iheanacho A. C. (2015). Profitability of Goat marketing in Benue State, Nigeria: A study of selected Local Government Areas. International Academic Journal of Educational Research; 10(2): 54-74
Salako A. A. and O. O. Sholeye (2012). The perception and beliefs on tuberculosis among traditional healers in Remo North Local Government Area, Ogun State, Southwestern Nigeria. Journal of Public Health and Epidemiology Vol. 4(6), pp. 184-188
Saleh, A., Kolo, A., Idi, S., Sani, M. H. & Ochi, J. E. (2015). Profitability and Marketing Efficiency of Small-scale Groundnut Oil Processing in Gombe Metropolis Gombe State, Nigeria. Proceedings of the 29th Annual conference of the Farm Management Association of Nigeria (FAMAN), held at the Faculty of Agriculture, Federal University Dutse, Jigawa State, Nigeria.” 23rd – 26th November, Pp 237 – 248
Sambe L. N., N. T. Tee and B. I. Dagba (2016). Analysis of Timber Market Structure and Efficiency in Benue State, Nigeria. British Journal of Economics, Management & Trade; 15(1): 1-9.
Shapiro B. I., Gebru G., Desta S., Negassa A., Nigussie K., Aboset G.and Mechal H. (2015). Ethiopia livestock master plan. ILRI Project Report. Nairobi, Kenya: International Livestock Research Institute (ILRI). https://cgspace.cgiar.org/bitstream/handle/10568/ 68037/lmp_roadmaps.pdf?sequence=1
Taiwo A. O., Udunze U. M. and Agbasi O. E. (2015). Effects of cooperative membership on the empowerment of women in Osun state of Nigeria. International Journal of Business and Economics Research,2: 21–29
Uchenna O. C. and Olabisi A. T. (2012). The performance of agricultural cooperative societies under the National Programme on food security in Enugu State, Nigeria. Review of Public Administration and Management, 1(2): 42-60
Werner S., Truong T. K.and Alan D. (2013). Transformation of smallholder beef cattle production in Vietnam, International Journal of Agricultural Sustainability; 11(4): 363-381






Economic Development, Technological Change, and Growth