Thesis Abstract

Abstract
Broiler production is a significant agricultural activity in urban areas of Edo State, Nigeria, contributing to food security and economic development. This study aimed to conduct a comparative profitability analysis of different broiler production systems in urban areas of Edo State. The research focused on intensive, semi-intensive, and extensive broiler production systems prevalent in the region. A stratified random sampling technique was employed to select 120 broiler farmers practicing the different production systems. Data on production costs, revenues, and profitability indicators were collected through structured questionnaires and interviews. The study analyzed the cost components, revenue generation, and profitability levels of each production system to determine the most profitable system for broiler production in urban areas of Edo State. The results indicated variations in production costs and revenues among the different broiler production systems. Intensive systems had the highest production costs due to expenses on feeds, housing, and labor, but generated substantial revenues resulting in relatively high profitability levels. Semi-intensive systems had moderate production costs and revenues, while extensive systems had lower costs but also generated lower revenues and profitability. Profitability indicators such as Return on Investment (ROI) and Net Profit Margin (NPM) were used to compare the profitability levels of the different production systems. The intensive system recorded the highest ROI and NPM, indicating its higher profitability compared to semi-intensive and extensive systems. However, the extensive system showed resilience in terms of lower production costs, suitable for farmers with limited capital and resources. Factors influencing the profitability of broiler production systems in urban areas of Edo State were also identified, including feed costs, market prices, disease control, and management practices. Recommendations were provided to enhance the profitability of broiler production systems, such as improving feed efficiency, disease prevention measures, and market access for farmers. In conclusion, the study highlighted the importance of conducting a comparative profitability analysis to determine the most suitable broiler production system for urban areas of Edo State. The findings can guide policymakers, extension services, and farmers in making informed decisions to improve the economic viability and sustainability of broiler production in the region.

Thesis Overview