The decline in agricultural productivity in Nigeria is linked to a host of factors ranging from unsustainable growth policies, inadequate funding and infrastructures, low levels of value added through processing, low commodity prices, unstable markets, poor extension services and low rates of literacy. It is now well recognised that there is a need to diversify Nigerian agriculture as well as improving production performances. This study investigates the potential of cassava root tuber (CRT), as a means to promote agricultural growth. It assesses cassava production, profitability, efficiency, marketing structures and channels, constraints in production, the potential to add value by processing cassava into gari (a fermented, roasted, and dried granule) and its marketing at the farm level. These were supplemented by a critical review of policies and programmes, including trend analysis of cultivated area, production, yield and prices of major crops including cassava at the national level covering the period 1970–2009. The study surveyed 315 cassava producers (including 278 gari processors), 105 marketers involved in cassava marketing and 30 stakeholders from three regions in the Delta State, Nigeria. Descriptive statistics are used to analyse the socio-economic characteristics of the sample. In addition, profitability of CRT and gari and their marketing were assessed by benefit-cost analysis. Furthermore, productivity and efficiency of CRT and gari and their determinants were analysed using non-parametric DEA followed by Tobit regressions. Results indicate that cassava production and processing is profitable in all regions and for all farm size categories. The BCR is estimated at 2.83 and 1.22 for CRT and gari, respectively. However, the yield level of CRT and gari is very low, estimated at 7.7 t/ha and 4.7 t/ha, respectively. Also, efficiency levels are very low and vary by farm size as well as regions, with large scale producers relatively more efficient. Marketing of cassava in any form is profitable and efficient (Marketing Efficiency>1 in all cases) and profitability varies widely across regions. Provision of water was identified as the main constraint in processing, followed by shortage of electricity and poor marketing infrastructure. The review of past policies and trend analysis revealed inconsistent policies and fluctuations in agricultural productivity, but also showed increases in total production mainly driven by expansion of the area cultivated during later years, for cassava in particular. The policy implications include: (a) increased provision of modern technologies, use of improved varieties and modern technology; (b) land reform policies to consolidate farm size; (c) investment in elements of marketing infrastructure; and (d) improvements in extension services. Despite inconsistencies in policies, cassava stood out as a robust and resistant crop which provides confidence that targeted investment in the cassava sector will contribute to development of Nigerian agriculture.

<p>This thesis aims at explaining why the UK residential electricity (retail) market enjoys high gross margins in comparison to Vattenfall’s markets in for example Sweden. Gross margin is the difference between selling price and purchase costs, in this case the wholesale electricity price. The wholesale market essentially affects all retailers in the same way and can be analysed separately, therefore it is of great interest to analyse how there can be such a wide gap between the end-user electricity price and the wholesale price. Since the UK electricity market is seen as a forerunner to other markets, being an early adopter of liberalisation of a previously state-controlled industry and seen as the most competitive market in the world, it seems a bit odd that retail electricity prices are not pushed down to a margin cost level as is expected on a perfectly competitive market.</p><p>The report concludes that there are substantially higher gross margins on the UK market and then goes on to determine which the underlying drivers to this situation are. There are two underlying socio-cultural factors that have driven the development of the market. First it is the history of deregulation that brought lower end-user prices but also bad service experiences. Secondly, the UK public has a market-friendly mentality and acceptance to how the industry works. The result is that focus has moved away from price and there is little public worry about the market being too concentrated. Two more underlying drivers are related to the properties of the market: the linkage between gas and electricity that has lessened the impact of the electricity price and the UK trading system that makes it hard for new retailers to enter the market and put a pressure downwards on prices and gross margins.</p><p>These four underlying drivers have created a market situation where price has not been perceived as the only value component of electricity and where the focus on price and gross margins has been overshadowed by other issues in the public debate. The troublesome history have produced a ‘demand for brand’ that signals safety, which has helped building substantial barriers of entry and survival for non-incumbents retailers. Together with a highly consolidated market structure, a handful of large retailers are enabled to dominate the market and push up prices with little fear of retribution from competitors or society.</p> / The attachment F is data corrections of figures 1.7 and 1.8.

As corporate social responsibility (CSR) reporting becomes an increasingly adopted practice, the question concerning its utility remains. Many organizations including the Carbon Disclosure Project (CDP) and Global Reporting Initiative encourage firms to report because of purported benefits to revenue generation and cost control. This study investigates whether such boons of CSR reporting exist in the manufacturing industry by building a regression model that analyzes the relationship between gross profit margins and response to CDP questionnaires. While the results of the study are inconclusive, they hint at a positive relationship between CSR reporting and profitability. Further research with a larger data set and broader measure of CSR reporting is required to definitively state whether any significant relationship between the two variables exist.

This thesis aims at explaining why the UK residential electricity (retail) market enjoys high gross margins in comparison to Vattenfall’s markets in for example Sweden. Gross margin is the difference between selling price and purchase costs, in this case the wholesale electricity price. The wholesale market essentially affects all retailers in the same way and can be analysed separately, therefore it is of great interest to analyse how there can be such a wide gap between the end-user electricity price and the wholesale price. Since the UK electricity market is seen as a forerunner to other markets, being an early adopter of liberalisation of a previously state-controlled industry and seen as the most competitive market in the world, it seems a bit odd that retail electricity prices are not pushed down to a margin cost level as is expected on a perfectly competitive market. The report concludes that there are substantially higher gross margins on the UK market and then goes on to determine which the underlying drivers to this situation are. There are two underlying socio-cultural factors that have driven the development of the market. First it is the history of deregulation that brought lower end-user prices but also bad service experiences. Secondly, the UK public has a market-friendly mentality and acceptance to how the industry works. The result is that focus has moved away from price and there is little public worry about the market being too concentrated. Two more underlying drivers are related to the properties of the market: the linkage between gas and electricity that has lessened the impact of the electricity price and the UK trading system that makes it hard for new retailers to enter the market and put a pressure downwards on prices and gross margins. These four underlying drivers have created a market situation where price has not been perceived as the only value component of electricity and where the focus on price and gross margins has been overshadowed by other issues in the public debate. The troublesome history have produced a ‘demand for brand’ that signals safety, which has helped building substantial barriers of entry and survival for non-incumbents retailers. Together with a highly consolidated market structure, a handful of large retailers are enabled to dominate the market and push up prices with little fear of retribution from competitors or society. / The attachment F is data corrections of figures 1.7 and 1.8.

Thesis (Ph.D. (Agricultural Economics)) --University of Limpopo, 2016. / Refer to document