PAPER TITLE :APPRAISAL OF POTABLE WATER MARKET IN THE FEDERAL UNIVERSITY OF TECHNOLOGY, AKURE, NIGERIA

APPLIED TROPICAL AGRICULTURE | VOLUME 15 NUMBER 1 2010

Paper Details

  • Author(s) : A. E. OGUNTADE AND O. A. THOMPSON
  • Abstract:

There is a thriving consumer products’ market within the campuses and around the South Gate of the Federal University
of Technology, Akure (FUTA). Table water is one of the many small-priced items being sold in the market. The
university is currently contemplating setting up a table water production plant to supply the market and serve as
additional source of internally generated revenue. This paper presents the results of an appraisal of the potable water
market in the FUTA. The study estimated the size of the market and explored its structure in terms of marketers, size/
packaging and locations; namely, Obanla (main) and Obakekere campuses; and FUTA South Gate. FUTA Gate
accounted for 46% of the marketers while Obanla and Obakekere accounted for 30% and 24%; respectively. Most of
the marketers (92%) were supplied table water right in their shops by the sales representatives of the table water
plants. There is an uneven distribution of table water sales among the marketers. The CR shows that eight marketers
out of fifty accounted for about 41% of the sales. The estimated Gini coefficient was 0.3856. The estimated size of
table water in the FUTA was N12,758,267 per annum out of which table water in sachets accounted for N12,424,272
or 97 percent. In terms of volume, the projected table water sales for the period July 2008 to June 2009 was 1.8
million litres.