Preprint Article Version 1 Preserved in Portico This version is not peer-reviewed

Socio-Economic Determinants of Contributions of Timber Marketing to Income of Timber Merchants in Bodija Sawnwood Market, Ibadan, Nigeria

Version 1 : Received: 30 August 2021 / Approved: 1 September 2021 / Online: 1 September 2021 (16:16:19 CEST)

How to cite: Alawode, G.L.; Jimoh, S.O. Socio-Economic Determinants of Contributions of Timber Marketing to Income of Timber Merchants in Bodija Sawnwood Market, Ibadan, Nigeria. Preprints 2021, 2021090029 (doi: 10.20944/preprints202109.0029.v1). Alawode, G.L.; Jimoh, S.O. Socio-Economic Determinants of Contributions of Timber Marketing to Income of Timber Merchants in Bodija Sawnwood Market, Ibadan, Nigeria. Preprints 2021, 2021090029 (doi: 10.20944/preprints202109.0029.v1).

Abstract

Forest enterprise has been identified as a means of generating income among people; plays a vital role in enhancing the quality of life of forest-dependent people. Despite the opportunities timber marketing offers the people, the disparities in the income generation of the marketers in the Bodija sawn wood Market and the effect of socio-economic factors on income generation of the marketers is not well understood. This study was conducted to assess the socio-economic determinants of contributions of timber marketing to the income of timber merchants in Bodija sawn-wood Market. One hundred structured questionnaires were administered randomly in five zones of the sawn wood Market to obtain information on the socio-economic background of the sawn wood marketers and the contribution of timber trade to their incomes. The result indicated that 99.0% of the respondents were male while females constituted 1.00%. Seventy-five percent of the marketers had post-primary education and 25% had primary education. Two percent of the marketers had below 10 years of marketing experience, twenty-six percent had between 11 and 20 years, 57.00% had between 21 and 30 years, and 15.00% had more than 30years experience. Fifty-eight percent of the respondents earned between 10000-60000 (1US$ = 360.00) from timber marketing, thirty-one percent earned between60001 and 110000, 7% earned between 110001 and 160000, while 4% earned above 160000 per month. Chi-square analysis of the socio-economic characteristics of the respondents and income generation at α level of 0.05 indicated that ethnicity (0.001) and years of experience (0.009) significantly influenced income while the level of education (0.101), age (0.122), and religion (0.745) had no significant influence on the incomes of marketers. Experience is an important factor in sawn wood marketing and a major determinant of the contribution of timber marketing to the income of timber marketers in Bodija sawn wood Market.

Keywords

Sawn wood; Socio-economic; Timber marketing; Forest enterprise

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