Abstract:
The study specifically investigated the economic efficiency of bio-fortified cassava processors in
South Western, Nigeria. Data were collected through a multistage sampling technique from 160
sampled bio-fortified cassava processors in the study area. Primary data were used for the study
with the aid of a well-structured questionnaire. Descriptive statistics and stochastic frontier
model were used to analyzed the data. The result of the study showed that the mean age of the
processors was 48(±11.36) and about 61% of the bio-fortified cassava processors were female.
The result of the study showed that all the input variables were important in bio-fortified cassava
processing. The implication of these finding is that if there is an increase in any of the variable
input, the total cost of processing bio-fortified cassava will increase. The result of the study
showed that the average economic efficiency of the bio-fortified cassava processors was 0.65 and
that variables such as age, gender, experience, duration of processing and membership of
association determines the technical efficiency of the bio-fortified cassava processors in SouthWestern, Nigeria. Efforts should be made by the government to restructure cooperatives societies
in Nigeria so that bio-fortified cassava processors would be encourage to join and have access to
information that will improve their economic efficiency |
