Abstract
The present research empirically looks at the possibility of devising a mechanism of reviving Nigerian
rubber industry. The research used dated data that spanned from 1961 to 2017 and it covered
production, area, yield and producer’s price (rubber). The data were drawn from the FAO database and
analyzed using both descriptive and inferential statistics. Empirical evidence showed that the
incremental change in the country’s rubber production was majorly driven by area effect which
necessitates area risk owing to pressure on the limited available land for other purposes to be the main
factor that affected the average output of rubber in the country. Furthermore, the future of the subsector is not promising owing to the fact that the slight gentle rise in the forecasted production trend will
be driven by a gentle incremental rise in annual area as the annual yield level year-in-year-out
plummeted. The decrease in the forecasted annual yield levels will be as a result of non-productive
income and not technology, because farmers are at the mercy of the Licensed Buyers (LBs) who
exploit them given that they used collusive effect other than allow the market forces to determine the
prevailing market price as they serve as the major link to the importing markets. Therefore, the study
recommends that the farmers should constitute themselves into viable co-operative organizations in
order to venture into export marketing so that they can take advantage of their bargaining power.
M. S. Sadiq, I. P. Singh, M. M. Ahmad. (2020) REVIVING NIGERIAN RUBBER INDUSTRY, Pakistan Journal of Agriculture, Agriculture Engineering & Veterinary Sciences, Volume 36, Issue 1.
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