Published in Scientific Papers. Series "Management, Economic Engineering in Agriculture and rural development", Vol. 22 ISSUE 4
Written by Damilola Toluse ADEOMI, Dorcas Tolulope FADOJU, Rahmat Olaitan OSENI, Lydia OGUNYA

The socioeconomic factors influencing livelihood diversification among rural farming households was explored in this study. To choose 300 respondents for the study, a multistage sampling technique was used. A well-structured questionnaire was used to collect data on rural farming household’s socio-economic characteristics, livelihood activities engaged in by farming households. Descriptive statistics, Simpson Index of Diversification and Fractional response model were used to examine the data. The result revealed that rural farming households were majorly headed by males who were in their late middle ages, with large household size. The study also revealed that sex of the household heads, marital status, household size, educational level, farm size, farming experience and amount of credit obtained were significant socio-economic factors influencing livelihood diversification among rural farming households. The study recommends that increased efforts should be made to make credit accessible to rural farming households. This will encourage diversification into various livelihood activities, leading to increased productivity and income.

[Read full article] [Citation]