Policy Issues in the Structure, Conduct and Performance of Banana Market in Anambra State, Nigeria

Abstract

This study described the structure, conduct and performance of banana market in Anambra State of Nigeria. The specific objectives are to describe the structure of the banana market; analyze the conduct of the banana market; determine banana market performance; and examine the major problems of banana marketing in the area. One hundred and twenty respondents spread in six major urban centers in the State and their concomitant major markets were randomly selected for interview. Descriptive statistics, Gini coefficient measure and the price spread analysis were used to analyse data. The study revealed that the activities of the banana market structure is almost optimum with a good conduct and performance as farmer's share of the consumer spending is 56%. The study also shows that lack of storage facilities and capital were the most pressing problems of the middlemen while the farmers were constrained from increased production by lack of capital, high yielding and disease resistant banana varieties. Policy recommendation to this effect was suggested.