O. OJOGHO

ECONOMICS OF GROUNDNUT MARKETING IN OREDO LOCAL GOVERNMENT AREA, EDO STATE

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Abstract
The marketing of groundnut is carried out by people of different background, trait, and communication skill and income level. The prices of groundnut, also dependent on the various markets, could vary due to several factors such as seasonality, market demand, quality, storage that could act as determinant of how price is fixed by the marketers. In regard to this, this study aimed at examining the economics of groundnut marketing in Oredo Local Government Area of Edo State, Nigeria. It examined the socio-economic characteristics of groundnut marketers, the cost and return of marketing groundnut, the variation in price between
the markets and the constraints affecting the marketing of groundnut in Oredo Local Government. Both primary and secondary data were used, the data were obtained through structured questionnaires. The secondary data were obtained from journal articles, textbooks and interviews.
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