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Determinants of Risk and Uncertainty in Oil Palm Nursery

Nigeria is the fourth largest producer of palm oil in the world after Indonesia, Malaysia and Thailand in the order of annual production volume. The industry provides direct and indirect employment to about four million people in twenty-four oil palm growing states in Nigeria and beyond. However, oi...

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Published: 2014
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LEADER 00000njm a2000000a 4500
001 oai:repository.ui.edu.ng:123456789/9765
042 |a dc 
720 |a Sulaiman Adesina Yusu  |e author 
720 |a Muhammad Ikheloa Abdul-Qadir  |e author 
720 |a Justina Oluyemisi Lawal  |e author 
260 |c 2014 
520 |a Nigeria is the fourth largest producer of palm oil in the world after Indonesia, Malaysia and Thailand in the order of annual production volume. The industry provides direct and indirect employment to about four million people in twenty-four oil palm growing states in Nigeria and beyond. However, oil palm production commences with planting and nurturing of oil palm seedlings in nursery, which is associated with risk and uncertainty. This study investigates the major determinants of risk and uncertainty in oil palm nursery using To bit regression model. Findings show that the major determinants of risk and uncertainty in oil palm nursery were incidence of pests, cost of sprouted seeds, lack of financial capital and seed adulteration. Therefore, it is recommended that management of risk and uncertainty in oil palm nursery should involve purchasing sprouted seed from the right source, pest and disease control and ample provision of financial capital 
024 8 |a Journal of Economics and Sustainable Development 2014; Vol.5, No.11, 
024 8 |a 22222855 
024 8 |a https://repository.ui.edu.ng/handle/123456789/9765 
653 |a Seed-adulteration 
653 |a tenera-hybrid-see 
653 |a financial-capital 
653 |a risk-management 
653 |a tobit-model 
245 0 0 |a Determinants of Risk and Uncertainty in Oil Palm Nursery