Industrial Demand Analysis for Millet in Kaduna and Kano States of Nigeria
Olugbenga O. Alabi, A. F. Lawal, Y. A. Awoyinka
Asian Journal of Agricultural Extension, Economics & Sociology · pp. 521–529 · Published 18 Jun 2014
10.9734/AJAEES/2014/8558Abstract
This study examined industrial demand analysis for millet in Kaduna and Kano States of Nigeria. The Primary data used for the investigation were obtained using structured questionnaires administered to 31 firms. Descriptive statistics; demand function and grafted polynomials model were used for the analysis of data. The results showed that price of millet, price of substitute maize, price of substitute sorghum and income derived were significant factors influencing quantities of millet demanded by industries at 1% probability level. The grafted polynomial model used for forecasting demand of millet in tonnes for Kaduna and Kano States showed an increase in industrial quantities demanded for a forecast period of 2006 to 2015. It is recommended that industrial demand of millet should be conducted for all States of the Federation, so that annual consumption can be estimated.
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