Assessment of Income Inequality among Rural Women Entrepreneurs in South -West, Nigeria

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Assessment of Income Inequality among Rural Women Entrepreneurs in South -West, Nigeria

Ehinmowo, O. O. & Akinlade, R. J.

Department of Entrepreneurship

Federal University of Technology, Akure, Nigeria

Email: Jummy120@yahoo.co.uk

Corresponding Author: Akinlade, R. J.

ABSTRACT

Inequality is a manifestation as well as a strong cause of poverty. Hence this study examined  income inequality among rural women entrepreneurs in Southwest, Nigeria. Multistage sampling technique was used to select 200 small scale cassava processors with the use of questionnaire. The data were subjected to descriptive statistics, Lorenz curve, Gini coefficient and Double-Log regression model. The findings showed that majority of the small scale cassava processors in Oyo, Osun and Ondo earned below N200, 000 per annum while most of the cassava processors in Ogun State earned above N600, 000 per annum.  The result of the Gini coefficient (0.58) showed that there was inequality among the respondents with Ogun state having the lowest (0.16). Also the results of the regression analysis showed that sex, number of family size and labour significantly affected the income of the small scale cassava processors in the study area. In conclusion, large household size should be discouraged among cassava processors in Southwest since it has reducing effect on income and invariably increase income inequality.

Keywords: Cassava processors, income inequality, small-scale enterprise, southwest, Nigeria