Oyinlola A . FASORO | University Of Ibadan,Ibadan, Oyo State, Nigeria (original) (raw)
Papers by Oyinlola A . FASORO
This study assessed the resident staff's perception and awareness of tree services and disservice... more This study assessed the resident staff's perception and awareness of tree services and disservices at the University of Ibadan in order to aid all relevant stakeholders in designing management policies and decisions for the optimal and continuous benefit of trees. A stratified random sampling technique was used. Seventy-five (75) senior staff and fifty (50) junior staff respondents were randomly selected. Tree services as well as perceptions of tree management strategies were analysed using descriptive statistics and Chi-square (χ2) at p=0.05. Both senior staff (100%) and junior staff (98%) were aware of the presence of trees on campus, however, staff category is not dependent on awareness of presence of trees. Majority of the respondents (70%) selected more than one tree service. Among the identified services, resident senior staff ranked cooling of the environment (14.64%) as the most important, while resident junior staff ranked trees beautifying the environment (8.84%) as the most important. As a personal benefit derived from trees, cooling the environment was ranked highest (16.88 and 10.51%) by both senior and junior staff. The most common environmental disservice reported by respondents (23.59 and 24.82%, respectively) was littered fruits and leaves and trees falling on roads, causing nuisance and endangering pedestrians and motorists. The trees, according to the respondents (57.59%), are old and poorly maintained by the Campus Tree Management committee (32.28%). Furthermore, 93.70% of respondents agreed that trees are necessary on the University of Ibadan campus. The Campus Tree Management Committee should create an action plan that focuses on tree hazards mitigation and the promotion of sustainable greenery for the University environment.
Asian Journal of Advances in Agricultural Research, 2019
Forest plantation development has the capacity of increasing wood supply and stemming the pressur... more Forest plantation development has the capacity of increasing wood supply and stemming the pressure on natural forest in Nigeria. However, forest under public institution control has not been sustainably managed due to rate of forest resources exploitation and inadequate funding of forestry projects. Hence, this paper examines private investment in forest plantation development with a view to encourage and alert potential private investors on feasibility and benefits of forest plantation development. Measures such as Net Present Value (NPV), Benefit Cost Ratio (BCR), Internal Rate of Return (IRR), Annual Equivalent Value (AEV), Land Expected Value (LEV), Return on Investment (ROI) and Discounted Payback Period (DPBP) were used to analyse the cash flow statement of the investment. The study revealed that small scale Tectona grandis plantation of 0.4 ha with 12 year rotation had NPV of ₦1,096,118.00, BCR of 2.62, IRR of 35.30%, AEV of ₦208,262.42 ha-1, LEV of ₦1,608,350.84 ha-1, ROI of...
World Scientific News, 2021
Wooden furniture industries contribute significantly to a country's economic development. However... more Wooden furniture industries contribute significantly to a country's economic development. However, given the weaknesses in human resources, absence of advanced technologies and marketing capacity in Nigeria, the wooden furniture sector remains less than optimal. This study, therefore, assessed public's perception of locally made wooden furniture to recommend strategies to improve the sector and promote sustainable forestry. There are five urban local government areas in Ibadan Metropolis. Two urban local government areas were purposively selected based on the concentration of corporate bodies, local furniture producers, marketers of imported furniture. Random sampling was used to select twenty-five corporate bodies, furniture producers, marketers of imported furniture and fifty individual users in each urban local government area. Structured questionnaires were administered to a total of 250 respondents. Data were analyzed using descriptive statistics and Likert scales. All furniture producers (100%) use wood and supplement their production with plywood (46%), particleboards (22%), HDF (26%) and MDF (26%). Milicia elcelsa, Gmelina arborea, Khaya ivorensis and Tectona grandis were the most common tree species used by furniture producers. Individual users (81.0%) and corporate users (20.0%) stated that only locally made furniture is used in their homes and organizations respectively. Thirty-six percent of corporate users and 58.0% of marketers claimed both locally made and foreign furniture are used and sold respectively. Marketers (100%), individual users (82.0%) and corporate users (86.0%) agreed that the appearance of foreign furniture influenced consumers' choice; marketers (76%), individual users (54%) and corporate users (80%) agreed that customers believed that the manufacturing quality of foreign furniture is the best, thus, the reason for their choice. Wood is a major raw material used in furniture production. To promote sustainable forestry; respondents should World Scientific News 160 (2021) 323-337-324-engage in forest plantation development. The government should subsidize modern processing equipment so that locally made furniture can be of the best quality.
Forests and Forest Products Journal, 2020
The rapid increase in demand for forest products has contributed to the loss of natural forests i... more The rapid increase in demand for forest products has contributed to the loss of natural forests in Nigeria. As a result, private investment in forest plantations is critical for increasing wood supply and promoting sustainable forest development. This study, therefore, investigates the willingness of non-plantation owner forest stakeholders (NPOFS) to invest in forest plantation development (FPD). A total of 750 NPOFS were selected using multistage random sampling. Three states were purposively selected: Oyo, Ogun, and Ekiti, based on the prevalence of private forest plantation owners in the states. Descriptive statistics and logistic regression analysis were employed to analyse the data. The mean age of NPOFS was 43years, 53.3% were men and 91.3% had formal education. Twenty-eight percent of the respondents indicated that lack of capital and land insecurity were reasons for not investing in FPD while 11.9% of respondents iterated that were they not interested in FPD. Respondents stated that the factors that can arouse and direct their interest toward FPD include: the prospect of guaranteed returns after retirement (46.7%), global environmental issues (11.9%), as an alternative source of income (27.7%) and protection of their land from plunderers (3.6%). Respondents (47.8%) suggested that providing targeted incentives could encourage private investment in FPD. Logistic regression showed that as age increases by one unit, willingness to invest in FPD decreases by 81.5 percent; however, this was statistically significant. The study found that non-plantation owner forest stakeholders were willing to invest in FPD; thus, government and environmental conservation organizations should spearhead projects and programs that provide incentives to encourage private investment in forest plantation.
Nigeria, like most African countries, has experienced a noticeable degradation and depletion of i... more Nigeria, like most African countries, has experienced a noticeable degradation and depletion of its natural forests over the past years. As natural forests decline, actions such as private forestry should be used as a strategy for restoring the ecosystem and increasing wood supply. This study, therefore, investigates the feasibility of large-scale forest plantation development in Ogun State, Nigeria, in order to inform forest stakeholders and policymakers about the benefits accruable to fast growing tree species establishment. Financial indicators such as Net Present Value (NPV), Benefit-Cost Ratio (BCR), Internal Rate of Return (IRR), Return on Investment (ROI) and Discounted Payback Period (DPBP) were used to analyse the cash flow of the investment. The study revealed that 75 hectares large scale Tectona grandis and Gmelina arborea plantation of 16year rotation had
Forest plantation development has the capacity of increasing wood supply and stemming the pressur... more Forest plantation development has the capacity of increasing wood supply and stemming the pressure on natural forest in Nigeria. However, forest under public institution control has not been sustainably managed due to rate of forest resources exploitation and inadequate funding of forestry projects. Hence, this paper examines private investment in forest plantation development with a view to encourage and alert potential private investors on feasibility and benefits of forest plantation development. Measures such as Net Present Value (NPV), Benefit Cost Ratio (BCR), Internal Rate of Return (IRR), Annual Equivalent Value (AEV), Land Expected Value (LEV), Return on Investment (ROI) and Discounted Payback Period (DPBP) were used to analyse the cash flow statement of the investment. The study revealed that small scale Tectona grandis plantation of 0.4 ha with 12 year rotation had
RURAL DEVELOPMENT 2019, 2022
This study examined market demand and supply of Cordia millenii (Ọmọ) Sawnwood in Bodija sawnwood... more This study examined market demand and supply of Cordia millenii (Ọmọ) Sawnwood in Bodija sawnwood market so that stakeholders involved in the economies of the sawnwood will make appropriate economic decisions thereby ensuring sustainable utilization of the species. Bodija sawnwood market is made up of nine zones comprising 66 blocks and 1868 stalls. Five zones were purposively selected based on the abundance of Ọmọ sawnwood marketers in the zones. Simple random sampling was then used to select 40 respondents in each zone. Structured questionnaires were used and data obtained were analyzed using descriptive statistics. Respondents (89.5%) were male, 75% were between the ages of 30 and 49 years, 97% had formal education and 70.5% had been involved in the sawnwood trade between 10 to 29 years. Respondents (96.5%) stated that there has been a steady increase in the market demand and supply of the sawnwood over the years. Respondents (85.5%) claimed timber were gotten from government forest plantations. Strength (37.5%), hardness (15%), durability (26.5%) and appearance (21%) were identified as the major attributes influencing market demand of the sawnwood. High demand by consumers (76%) and season (23%) were factors influencing the market supply of the sawnwood. Poor infrastructure and unreliable institutional mechanisms (31%) were identified as challenges encountered. Market demand and supply of the sawnwood has been on the increase due to its ubiquitous nature. It is therefore recommended that forestry stakeholders should make a deliberate effort in the sustainable conservation of indigenous tree species through afforestation and reforestation programmes.
Asian Journal of Research in Agriculture and Forestry, 2019
Forest and non-forest products are becoming scarce in Nigeria due to insatiable want of the resou... more Forest and non-forest products are becoming scarce in Nigeria due to insatiable want of the resources by the people. The performance of public sector forest plantation development in Nigeria has fallen short of expectation of various stakeholders, hence, the need for investment in Private Forest Plantation Development (PFPD), fostered towards increasing wood supply and reducing the pressure on natural forest. In this study, investment analysis of medium scale PFPD was investigated to show its feasibility. Measures such as Net Present Value (NPV), Benefit Cost Ratio (BCR), Internal Rate of Return (IRR), Annual Equivalent Value (AEV), Land Expected Value (LEV), Return on Investment (ROI) and Discounted Payback Period (DPBP) were used to analyse the cash flow statement of the investment. The study showed that medium scale of Tectona grandis, Gmelina arborea, with few Terminalia spp. plantation of 20ha with 18 year rotation had NPV of ₦1,504,841.70, BCR of 1.35, IRR of 24.03%, AEV of ₦...
This study assessed the resident staff's perception and awareness of tree services and disservice... more This study assessed the resident staff's perception and awareness of tree services and disservices at the University of Ibadan in order to aid all relevant stakeholders in designing management policies and decisions for the optimal and continuous benefit of trees. A stratified random sampling technique was used. Seventy-five (75) senior staff and fifty (50) junior staff respondents were randomly selected. Tree services as well as perceptions of tree management strategies were analysed using descriptive statistics and Chi-square (χ2) at p=0.05. Both senior staff (100%) and junior staff (98%) were aware of the presence of trees on campus, however, staff category is not dependent on awareness of presence of trees. Majority of the respondents (70%) selected more than one tree service. Among the identified services, resident senior staff ranked cooling of the environment (14.64%) as the most important, while resident junior staff ranked trees beautifying the environment (8.84%) as the most important. As a personal benefit derived from trees, cooling the environment was ranked highest (16.88 and 10.51%) by both senior and junior staff. The most common environmental disservice reported by respondents (23.59 and 24.82%, respectively) was littered fruits and leaves and trees falling on roads, causing nuisance and endangering pedestrians and motorists. The trees, according to the respondents (57.59%), are old and poorly maintained by the Campus Tree Management committee (32.28%). Furthermore, 93.70% of respondents agreed that trees are necessary on the University of Ibadan campus. The Campus Tree Management Committee should create an action plan that focuses on tree hazards mitigation and the promotion of sustainable greenery for the University environment.
Asian Journal of Advances in Agricultural Research, 2019
Forest plantation development has the capacity of increasing wood supply and stemming the pressur... more Forest plantation development has the capacity of increasing wood supply and stemming the pressure on natural forest in Nigeria. However, forest under public institution control has not been sustainably managed due to rate of forest resources exploitation and inadequate funding of forestry projects. Hence, this paper examines private investment in forest plantation development with a view to encourage and alert potential private investors on feasibility and benefits of forest plantation development. Measures such as Net Present Value (NPV), Benefit Cost Ratio (BCR), Internal Rate of Return (IRR), Annual Equivalent Value (AEV), Land Expected Value (LEV), Return on Investment (ROI) and Discounted Payback Period (DPBP) were used to analyse the cash flow statement of the investment. The study revealed that small scale Tectona grandis plantation of 0.4 ha with 12 year rotation had NPV of ₦1,096,118.00, BCR of 2.62, IRR of 35.30%, AEV of ₦208,262.42 ha-1, LEV of ₦1,608,350.84 ha-1, ROI of...
World Scientific News, 2021
Wooden furniture industries contribute significantly to a country's economic development. However... more Wooden furniture industries contribute significantly to a country's economic development. However, given the weaknesses in human resources, absence of advanced technologies and marketing capacity in Nigeria, the wooden furniture sector remains less than optimal. This study, therefore, assessed public's perception of locally made wooden furniture to recommend strategies to improve the sector and promote sustainable forestry. There are five urban local government areas in Ibadan Metropolis. Two urban local government areas were purposively selected based on the concentration of corporate bodies, local furniture producers, marketers of imported furniture. Random sampling was used to select twenty-five corporate bodies, furniture producers, marketers of imported furniture and fifty individual users in each urban local government area. Structured questionnaires were administered to a total of 250 respondents. Data were analyzed using descriptive statistics and Likert scales. All furniture producers (100%) use wood and supplement their production with plywood (46%), particleboards (22%), HDF (26%) and MDF (26%). Milicia elcelsa, Gmelina arborea, Khaya ivorensis and Tectona grandis were the most common tree species used by furniture producers. Individual users (81.0%) and corporate users (20.0%) stated that only locally made furniture is used in their homes and organizations respectively. Thirty-six percent of corporate users and 58.0% of marketers claimed both locally made and foreign furniture are used and sold respectively. Marketers (100%), individual users (82.0%) and corporate users (86.0%) agreed that the appearance of foreign furniture influenced consumers' choice; marketers (76%), individual users (54%) and corporate users (80%) agreed that customers believed that the manufacturing quality of foreign furniture is the best, thus, the reason for their choice. Wood is a major raw material used in furniture production. To promote sustainable forestry; respondents should World Scientific News 160 (2021) 323-337-324-engage in forest plantation development. The government should subsidize modern processing equipment so that locally made furniture can be of the best quality.
Forests and Forest Products Journal, 2020
The rapid increase in demand for forest products has contributed to the loss of natural forests i... more The rapid increase in demand for forest products has contributed to the loss of natural forests in Nigeria. As a result, private investment in forest plantations is critical for increasing wood supply and promoting sustainable forest development. This study, therefore, investigates the willingness of non-plantation owner forest stakeholders (NPOFS) to invest in forest plantation development (FPD). A total of 750 NPOFS were selected using multistage random sampling. Three states were purposively selected: Oyo, Ogun, and Ekiti, based on the prevalence of private forest plantation owners in the states. Descriptive statistics and logistic regression analysis were employed to analyse the data. The mean age of NPOFS was 43years, 53.3% were men and 91.3% had formal education. Twenty-eight percent of the respondents indicated that lack of capital and land insecurity were reasons for not investing in FPD while 11.9% of respondents iterated that were they not interested in FPD. Respondents stated that the factors that can arouse and direct their interest toward FPD include: the prospect of guaranteed returns after retirement (46.7%), global environmental issues (11.9%), as an alternative source of income (27.7%) and protection of their land from plunderers (3.6%). Respondents (47.8%) suggested that providing targeted incentives could encourage private investment in FPD. Logistic regression showed that as age increases by one unit, willingness to invest in FPD decreases by 81.5 percent; however, this was statistically significant. The study found that non-plantation owner forest stakeholders were willing to invest in FPD; thus, government and environmental conservation organizations should spearhead projects and programs that provide incentives to encourage private investment in forest plantation.
Nigeria, like most African countries, has experienced a noticeable degradation and depletion of i... more Nigeria, like most African countries, has experienced a noticeable degradation and depletion of its natural forests over the past years. As natural forests decline, actions such as private forestry should be used as a strategy for restoring the ecosystem and increasing wood supply. This study, therefore, investigates the feasibility of large-scale forest plantation development in Ogun State, Nigeria, in order to inform forest stakeholders and policymakers about the benefits accruable to fast growing tree species establishment. Financial indicators such as Net Present Value (NPV), Benefit-Cost Ratio (BCR), Internal Rate of Return (IRR), Return on Investment (ROI) and Discounted Payback Period (DPBP) were used to analyse the cash flow of the investment. The study revealed that 75 hectares large scale Tectona grandis and Gmelina arborea plantation of 16year rotation had
Forest plantation development has the capacity of increasing wood supply and stemming the pressur... more Forest plantation development has the capacity of increasing wood supply and stemming the pressure on natural forest in Nigeria. However, forest under public institution control has not been sustainably managed due to rate of forest resources exploitation and inadequate funding of forestry projects. Hence, this paper examines private investment in forest plantation development with a view to encourage and alert potential private investors on feasibility and benefits of forest plantation development. Measures such as Net Present Value (NPV), Benefit Cost Ratio (BCR), Internal Rate of Return (IRR), Annual Equivalent Value (AEV), Land Expected Value (LEV), Return on Investment (ROI) and Discounted Payback Period (DPBP) were used to analyse the cash flow statement of the investment. The study revealed that small scale Tectona grandis plantation of 0.4 ha with 12 year rotation had
RURAL DEVELOPMENT 2019, 2022
This study examined market demand and supply of Cordia millenii (Ọmọ) Sawnwood in Bodija sawnwood... more This study examined market demand and supply of Cordia millenii (Ọmọ) Sawnwood in Bodija sawnwood market so that stakeholders involved in the economies of the sawnwood will make appropriate economic decisions thereby ensuring sustainable utilization of the species. Bodija sawnwood market is made up of nine zones comprising 66 blocks and 1868 stalls. Five zones were purposively selected based on the abundance of Ọmọ sawnwood marketers in the zones. Simple random sampling was then used to select 40 respondents in each zone. Structured questionnaires were used and data obtained were analyzed using descriptive statistics. Respondents (89.5%) were male, 75% were between the ages of 30 and 49 years, 97% had formal education and 70.5% had been involved in the sawnwood trade between 10 to 29 years. Respondents (96.5%) stated that there has been a steady increase in the market demand and supply of the sawnwood over the years. Respondents (85.5%) claimed timber were gotten from government forest plantations. Strength (37.5%), hardness (15%), durability (26.5%) and appearance (21%) were identified as the major attributes influencing market demand of the sawnwood. High demand by consumers (76%) and season (23%) were factors influencing the market supply of the sawnwood. Poor infrastructure and unreliable institutional mechanisms (31%) were identified as challenges encountered. Market demand and supply of the sawnwood has been on the increase due to its ubiquitous nature. It is therefore recommended that forestry stakeholders should make a deliberate effort in the sustainable conservation of indigenous tree species through afforestation and reforestation programmes.
Asian Journal of Research in Agriculture and Forestry, 2019
Forest and non-forest products are becoming scarce in Nigeria due to insatiable want of the resou... more Forest and non-forest products are becoming scarce in Nigeria due to insatiable want of the resources by the people. The performance of public sector forest plantation development in Nigeria has fallen short of expectation of various stakeholders, hence, the need for investment in Private Forest Plantation Development (PFPD), fostered towards increasing wood supply and reducing the pressure on natural forest. In this study, investment analysis of medium scale PFPD was investigated to show its feasibility. Measures such as Net Present Value (NPV), Benefit Cost Ratio (BCR), Internal Rate of Return (IRR), Annual Equivalent Value (AEV), Land Expected Value (LEV), Return on Investment (ROI) and Discounted Payback Period (DPBP) were used to analyse the cash flow statement of the investment. The study showed that medium scale of Tectona grandis, Gmelina arborea, with few Terminalia spp. plantation of 20ha with 18 year rotation had NPV of ₦1,504,841.70, BCR of 1.35, IRR of 24.03%, AEV of ₦...