Relative Factor Shares and Returns in Commercial Vegetable Production in the Urban Environment of Lagos, Nigeria

Abstract

ABSTRACT The relative factor shares and returns in commercial vegetable production were evaluated in the city of Lagos in the 1996 production season. Some 45 commercial vegetable farmers were randomly selected and interviewed. The socio-economic characteristics, production parameters and items of cost and returns in the enterprise were identified. Results indicate that labor is the most expensive factor of production in the enterprise. Plot size and number of exotic vegetables cultivated contribute positively and significantly to farm income. Returns from the enterprise contribute about 40 to 63 percent extra income to the annual income of low income earners.