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Zeszyt 3 (49) 2018 , DOI: 10.17306/J.JARD.2018.00427

Adeniyi Felix Akinrinde, Kemi Funmilayo Omotesho, Israel Ogunlade

THE ISSUE OF INCOME DIVERSIFICATION AMONG RURAL FARMING HOUSEHOLDS: EMPIRICAL EVIDENCE FROM KWARA STATE, NIGERIA

Abstract:

The rising incidences of poverty among rural farming
families are the reason behind renewed interest in income
diversification. This study determined the level of income diversification;
identified alternative income sources; examined
the reasons for diversification; and identified the constraints
to diversification. A three-stage random sampling technique
was used in selecting 160 households on which a structured
interview schedule was administered. Descriptive statistics,
a Likert-type scale, and the Pearson’s Product Moment Correlation
were used for data analyses. Findings reveal that 1.3%
of the households had no additional sources of income while
40.6% had at least four. Trading (55%) and livestock keeping
(40.7%) were the most popular alternative income sources.
The declining farm income (mean = 2.96) was the primary
reason for diversification, while poor rural infrastructure
(mean = 3.04) was the most severe constraint to income diversification.
Farm size, access to extension services, household
size, age and educational level of the household head were
significantly related to the level of income diversification at
p < 0.05. The study concluded that the level of income diversification
was high and influenced by socioeconomic characteristics
of the households. It recommends that the government
should provide adequate infrastructural facilities in rural
areas. Farmer associations should also ensure better prices for
agricultural produce through joint marketing.

Keywords: income diversification, rural households, constraints

PDF in in english Full text available in english in Adobe Acrobat format:
www.jard.edu.pl/vol49/issue3/art_25.pdf
http://dx.doi.org/10.17306/J.JARD.2018.00427
For citation:

MLA Akinrinde, Adeniyi Felix, et al. "THE ISSUE OF INCOME DIVERSIFICATION AMONG RURAL FARMING HOUSEHOLDS: EMPIRICAL EVIDENCE FROM KWARA STATE, NIGERIA." J. Agribus. Rural Dev. 49.3 (2018): 231-238.
APA Adeniyi Felix Akinrinde, Kemi Funmilayo Omotesho, Israel Ogunlade (2018). THE ISSUE OF INCOME DIVERSIFICATION AMONG RURAL FARMING HOUSEHOLDS: EMPIRICAL EVIDENCE FROM KWARA STATE, NIGERIA. J. Agribus. Rural Dev. 49 (3), 231-238
ISO 690 AKINRINDE, Adeniyi Felix, OMOTESHO, Kemi Funmilayo, OGUNLADE, Israel. THE ISSUE OF INCOME DIVERSIFICATION AMONG RURAL FARMING HOUSEHOLDS: EMPIRICAL EVIDENCE FROM KWARA STATE, NIGERIA. J. Agribus. Rural Dev., 2018, 49.3: 231-238.
Corresponding address:
Msc Adeniyi Felix Akinrinde, Department of Agricultural Extension and Rural Development, University of Ilorin, Tunde Idiagbon Road, Tanke, Ilorin, Kwara State, Nigeria, PMB, 1515,
Authors email:
akinrindeadeniyi@gmail.com

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