EFFECT OF BOKO HARAM INSURGENCY ON GOAT MARKETING IN BORNO STATE, NIGERIA

Abstract

The study examined the effect of Boko Haram insurgency on goat marketing in Borno State, Nigeria. A Multi stage sampling technique was used in selecting 143 goat marketers. Data were collected using structured questionnaire and analyzed using descriptive statistics, marketing margin and regression analysis. The result reveal that 38.5% and 30.1% of the goat marketers were within the age brackets of 35-39 years and above 40 years, almost all (96.5%) of the goat marketers were male and Most (70.6%) of the goat marketers were married with majority (51.7%) having households between 2-3 persons and almost all (97.9%) and 42.9% of the goat marketers had Qur’anic and primary education respectively. The result further shows a total marketing cost of ₦2,140,550 with a gross margin of ₦761,450 before insurgency and net marketing income of ₦0.36 indicating that Goat marketing was a profitable venture before insurgency. similarly, a net marketing income of ₦0.01 during the insurgency. The findings also reveal that 42% and 28.7% of the goat marketers had a capital of ₦50,000-₦120,000 and ₦121,000-₦191,000 before insurgency while 44.1% of the goat marketers had a capital investment of ₦50,000-₦160,000 during insurgency. The major constraints in Goat marketing before and during insurgency were bank closure (72%), market closure (55.9%) and bomb explosion in public places (55.2%) which were ranked 1^st, 2^nd and 3^rd respectively. It was concluded that, although goat marketing enterprise in the study area was profitable, the insurgency had negative effect on the goat marketing and there was greater profit before than during the insurgency. The study recommended that government must use all means to fight the insurgence to allow farmers go back to businesses, marketers should be encouraged to form cooperatives and financial assistance should be given to the marketers in order to boost their capital.