Methods of Palm Oil Processing in Ogun state, Nigeria: A Resource Use Efficiency Assessment
Adeniyi O. R., Ogunsola G.O., Oluwusi D.

Data for this study were obtained with the aid of structured questionnaire. A total of 70 questionnaires were administered to the palm oil farmers/ producers with the response rate of 95.71 %. The data were analysed by the use of descriptive statistics, multiple regression and costs and returns tools. The results obtained revealed that although mechanized palm oil processors were not fully economically efficient in the use of resources, mechanized palm oil processing was still more profitable relatively. Palm oil processors should therefore adopt good management strategies and practices in order to ensure efficient utilization of existing and available resources.

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