1Nazifi B.
2Garba M. G.
3Ibrahim M.
4Adamu A.H.
5Abbdullahi M.A.
6Alhassan A.
7Beli S.A.
8Balarabe, M. M.
1,4,7,8 Department of Agricultural Economics,
Federal University, Dutsin-ma, Katsina State
2Department of Agricultural Ext. and Rural Development
Federal Universi`ty, Dutsin-ma, Katsina State
5Department of Agricultural Economics and Agribusiness
Federal University Dutse, Jigawa State, Nigeria.
Department of Agric. Econs. & Ext.
Aliko Dangote Uni. of Sc. & Tech., Wudil, Kano
2Department of Animal Science,
Federal University, Dutsin-ma, Katsina State
Abstract
This study assessed profitability of livestock marketing under cash-based and cashless transaction systems in some selected markets in Katsina State, Nigeria. The study analyzed the data collected from a multi-stage randomly sampled 366 marketers of livestock. The data was analyzed using descriptive statistics and marketing margin analysis. The result showed that livestock marketers are predominantly males (100%) and married (96.45%) of which most of them have formal education (Above 70%). Result also showed that marketers have an average age of almost 47 years and a household size average of 12 persons. Majority (76.5%) of the livestock marketers engaged in cashless transaction in the study area. The Study findings revealed profitability of livestock marketing regardless of animal type and transaction system in the study area. More profit was realized in marketing of cattle and goat under cashless marketing transaction system, while sheep marketing generated higher profit under cash-based transaction system. The study therefore recommended the use of cashless transaction system among marketer however, subsequent government policy shall aimed at reducing transaction cost involve in the system.
Keywords: Cashless, Transaction, Cash-based, Marketing, Livestock, Profitability
