International records / OpenAlex research

Analysis of Profitability and Operational Efficiencies of Cocoa Marketing: Empirical Evidence from Nigeria

This study examines empirically profitability and operational efficiencies of cocoa marketing in Nigeria. Using primary data, the result of the analysis revealed that for every N 100 invested in the cocoa trading in the study area, licensed buying agents (LBAs), Exporters and Warehousing Agents realized profit of N 3, N 7 and N 44.9, respectively .This positive and size of profit obtained for each cocoa marketing institutions is an indication that these institutions were able to recover their operating expenses, hence post-deregulation cocoa marketing era is profitable and efficient.