Research Article
Smallholder farmers risk management strategies and livelihood implications: Evidence from nsukka local government area, enugu state, Nigeria
Author(s): Amarachi Jacinta Agu* and Ume Chukwuma Otum
This study was designed to assess the risk management strategies used by smallholder farmers in Nsukka local government area. The broad objective of this study was to assess the risk management strategies used by peasant farmers and how these can be improved upon. The specific objectives were to: (i) identify and describe risks faced by peasant farmers and its impacts on their production, (ii) identify and describe the risk management strategies employed, and (iii) examine the factors affecting risk averseness among pesant farmers. A multi stage random sampling technique was used to select 100 famers. Primary data was used and were collected using well-structured questionnaire and personal interview method. The data was analyzed using descriptive statistics like mean, frequencies, Likert rating scales and Probit regression. The results showed that risk from deficiency in rainfall, exc.. View More»
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