Downloads: 113

Research Paper | Agricultural Economics | Nigeria | Volume 9 Issue 1, January 2020

Arresting Unemployment through Bee-Keeping: A Survey of Trainees from Leventis Agricultural Training School, Osun State, Nigeria

Anumudu Oluchi O | Onugu ^[2] | Charles U | Obianefo Chukwujekwu A ^[2] | Enwelu | Innocent A

Abstract: The study on arresting unemployment through bee-keeping; a survey of trainees from Leventis Foundation Agricultural Training School (LFATS), Osun State, Nigeria. Specifically looked into the socioeconomic characteristics of the trainees, estimation of the enterprise net returns and socioeconomic characteristics influence of LFATS on the net returns. A well-structured questionnaire was used to elicit information from randomly selected 148 bee- keeping trainees from Osun State based on the list made available by the LFATS management. The study used a combination of statistical tools such as descriptive statistics, budgetary model and ordinary least square (OLS) regression to achieve the study aim. Subsequently, the study revealed that the majority (79.5 %) of the trainees are male with mean age, experience and household size of 37 years, 8 years and 6 persons respectively. The net returns from bee-keeping enterprise were 230, 002.54 in the area with a return on investment of 2.64 indicating that 1 investment made in bee-keeping returns 2.64 to the investor. Furthermore, the study revealed that sex (p>0.046), age (p>0.040) and level of education (p>0.035) were the socioeconomic variables that influence net returns from the bee-keeping enterprise. This therefore calls for the policymakers and management of Leventis Foundation Agricultural Training School (LFATS), Osun State, Nigeria to pay critical attention to the trainees sex, age and level of education during the selection process for the training.

Keywords: bee-keeping, return on investment, net returns, trainees, enterprise, unemployment

Edition: Volume 9 Issue 1, January 2020,

Pages: 1514 - 1517

Similar Articles with Keyword 'return on investment'