African Journal of
Agricultural Research

  • Abbreviation: Afr. J. Agric. Res.
  • Language: English
  • ISSN: 1991-637X
  • DOI: 10.5897/AJAR
  • Start Year: 2006
  • Published Articles: 6545

Full Length Research Paper

Household welfare status and crop insurance uptake by cocoa farmers in Ondo State, Nigeria

Balogun T. Olabanji
  • Balogun T. Olabanji
  • Department of Agricultural Economics, Faculty of Agriculture, University of Ibadan, Nigeria.
  • Google Scholar
Olajide O. Adeola
  • Olajide O. Adeola
  • Department of Agricultural Economics, Faculty of Agriculture, University of Ibadan, Nigeria.
  • Google Scholar
Thomas A. Kehinde
  • Thomas A. Kehinde
  • Department of Agricultural Extension and Rural Development, Faculty of Agriculture, University of Ibadan, Nigeria.
  • Google Scholar

  •  Received: 28 April 2021
  •  Accepted: 22 June 2021
  •  Published: 31 July 2021


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Aidoo R, JamesOM, Prosper W, Awunyo-Vitor D (2014). Prospects of crop insurance as a risk management tool among arable crop farmers in Ghana.


Akangbe HO, Adeola OO, Ajayi AO (2012) The effectiveness of microfinance banks in reducing the poverty of men and women at Akinyele Local Government, Oyo State Nigeria. Journal of Development and Agricultural Economics 4(5):132-140


Akinrinola OO (2014) Evaluation of effects of agricultural insurance scheme on agricultural production in Ondo State. Russian journal of Agricultural and Socio-Economic Sciences 28(4):3-84


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Chikaire JU, Tijjani AR, Abdullahi KA (2016) The perception of rural farmers of agricultural insurance as a way of mitigation against climate change variability in Imo State, Nigeria. International Journal of Agricultural Policy Research 4(2):17-21.


Falola A, Ayinde OE and Agboola BO (2013) Willingness to take agricultural insurance by cocoa farmers in Nigeria. International Journal of Food and Agricultural Economics. 1(1):97-107


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Hamid, MY, Chiaman ES (2010). Risk and Uncertainty Assessment Of Nomadic Cattle Pastoralist in Mubi-North Local Government Area of Adamawa State Proceedings of 11th Annual National Conference of National association of Agricultural Economists (NAAE). Pp. 109-113.


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International Food Policy Research Institute (2010). A 2006 Social Accounting Matrix of Nigeria: Methodology and results.


Jensen R (2007) The digital provide: Information (technology), market performance, and welfare in the South Indian fisheries sector. The Quarterly Journal of Economics, 122(3):879 -24


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Nnadi FN, Chikaire J, Echetama JA, Ihenacho RA, Umunnakwe PC, Utazi CO (2013). Agricultural insurance: A strategic tool for climate change adaptation in the agricultural sector. Net Journal of Agricultural Science 1(1):1-9.


Olaiya TA (2016). Examining the political economy of cocoa exports in Nigeria. International Journal of Applied Economics and Finance 10(1-3):1-13


Olayemi JK (2004). Principles of microeconomics. Ibadan: Sico Publisher. Oluwatusin F M (2008). Cost and Returns in Modern Beekeeping for Honey Production in Nigeria. Department of Agricultural Economics and Extension, University of Ado-Ekiti, Nigeria.


Rifin A (2013 Competitiveness of Indonesia's cocoa beans export in the world market. International Journal of Trade, Economics and Finance 4(5):279


Salimonu KK, Falusi AO (2009). Sources of risk and management strategies among food crop farmers in Osun State, Nigeria. African Journal of Food, Agriculture, Nutrition and Development 9(7).


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Verter N,Be?vá?ová V (2014). Analysis of some drivers of cocoa export in Nigeria in the era of trade liberalization. Agris on-line Papers in Economics and Informatics, 6(665-2016-45040), 208.


Wessel M, Quist-Wessel PF (2015) Cocoa production in West Africa, a review and analysis of recent developments. NJAS-Wageningen Journal of Life Sciences, 74:1-7