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- Title
PERCEIVED GENERATION OF CAPITAL ASSETS FROM THE UTILIZATION OF JATROPHA AMONG RURAL HOUSEHOLDS OF THE OYO STATE.
- Authors
Adeoye, Adebayo Samson; Akintan, Adetinuke Oluwakemi
- Abstract
The study assessed the perceived generation of capital assets from the utilization of Jatropha among rural households of the Oyo state, Nigeria. The purposive sampling technique was used to select respondents from the population of registered Jatropha growers living in rural households located in the area under study. All seventy-five (75) sampled individuals were registered members of the Jatropha Growers Association. A well-structured questionnaire was used as a test instrument to collect data from the respondents. Both descriptive and inferential statistical tools were applied to analyze the data collected for the study. The findings revealed that the majority of respondents believe that it is possible to generate physical capital from the utilization of Jatropha as a live fence (84.0%), which is useful with regard to environmental vulnerabilities (88.0%). Also in terms of financial capital, about 38.7% of persons under study believe that high income could be generated from the sale of Jatropha seeds. The majority of respondents (86.7%) perceive the cultivation of Jatropha for mitigation and reduction of soil erosion as natural capital. In relation to human capital, the results showed that about 73.3% believe Jatropha is useful in treating skin diseases. The test of the hypothesis using Pearson's product-moment correlation showed that there was a significant relationship between the perceived generation of capital assets and the utilization of Jatropha among rural households (r = 0.432, P = 0.012). In conclusion, the utilization of Jatropha is highly relevant for the generation of capital assets, which is directly proportional to the improvement of the livelihood of rural households in the Oyo state, Nigeria.
- Subjects
NIGERIA; HOUSEHOLDS &; economics; ASSET management; RURAL housing; HUMAN capital
- Publication
Intercathedra, 2021, Vol 47, Issue 2, p57
- ISSN
1640-3622
- Publication type
Article
- DOI
10.17306/J.INTERCATHEDRA.2021.00121