Determinants of climate risk management in paddy and milled rice marketing in Nigeria
by Robert Ugochukwu Onyeneke; Mark Umunna Amadi; Chukwudi Loveday Njoku
International Journal of Global Warming (IJGW), Vol. 28, No. 4, 2022

Abstract: The paper examined climate risk management in rice marketing in Ebonyi State, Nigeria using primary data from 112 paddy rice and 172 milled rice traders. Multivariate probit model was adopted for data analysis. The most perceived climate risks include rising temperature, prolonged dry season, and unpredictability of rainfall. Reliance on climate information, storing of (paddy and milled) rice, selling-off purchased (paddy and milled) rice, buying (paddy and milled) rice for sale in small quantities and livelihood diversification were the climate adaptation strategies adopted by rice sellers. We found that socio-economic characteristics and government support influenced choice of adaptation. The main barriers of adaptation include inadequate capital, inadequate storage facilities, price fluctuation and high transportation cost. Government should intensify efforts in providing basic infrastructure in rural areas. Also, efforts should be made to initiate effective climate and market information networks, encourage formation of cooperatives and provision of loans to rice traders.

Online publication date: Mon, 21-Nov-2022

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