Economic Analysis of Poverty Status of Small-Scale Farmers in Bayelsa State, Nigeria

Abstract

The study analyzed the household poverty status of small scale farmers in Bayelsa State, Nigeria using a multi-stage random sampling technique to sample six hundred farmers. Data were collected using structured questionnaire and were analyzed using descriptive statistics, FGT [1] index and the logistic regression model. The result revealed that the majority of the farmers 80% were females, while 79% of the respondent was married with 46% of them having no formal education. Twenty-seven (27) percent of the crop farmers are poor while thirtyeight (38) of the livestock farmers were poor. Also, the poverty depth and severity of crop farmers were 0.072 and 0.038 respectively whereas they were 0.098 and 0.052 respectively for the livestock farmers. The logistic regression model revealed that age, educational level, household size, farming experience, farm/herd size, household income, household expenditure and membership of cooperative contributed significantly in determining the poverty status of the farmers. This study therefore recommends measures needed to be put in place to encourage and improve the welfare of the farming household towards productive and sustainable agricultural development for poverty reduction.