Babcock University Journals | ActaSATECH Journal of Life and Physical Sciences | Volume : Volume 6

ActaSATECH Journal of Life and Physical Sciences ISSN: 15971007

Volume: Volume 6

Issue: Issue 1

Agriculture, nutrition and dieties

All Articles in Volume: Volume 6 Issue: Issue 1

An Analysis of the Spatial Integration of Groundnut Markets in Nigeria

Ayodeji Taofik Bello, Lawrence Olubunmi Balogun, John Osagie Afodu,

KeyWords: Spatial integration, groundnut markets, indices Introduction Nigeria is mainly an agrarian state. The emphasis on agriculture was so great that, there was tremendous output of groundnut in the North, cocoa in the West and palm oil in the East. The groundnut pyramids of the 1970’s in Kano testified to this fact. This achievement could not be sustained. This was due to the discovery of crude oil in the early1970’s. This subsequently became the major foreign earner for the country leading to the neglect of the agricultural sector. Groundnut output declined from 7680 thousand tones in 1965 to 7338 thousand tones in 1995 (Ngbede et al; 2009). Its contribution to GDP in 1996, 1997 and 1999 stood at 39%, 339.4% and 40.40%, of market concentration, marketing efficiency, Nigeria.

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