Intl. J. of Mol. Ecol. and Conserv. 2012, Vol. 2, No. 6, 32-38
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36
Table 2 Rate of Return on Investment (ROI) in all the markets
Rate of return (%)
Markets
33.24
Ishiun
35.96
Lafenwa
33.17
Kuto
26.54
Iberekodo
Table 3 Profitability of the average cola specie seller per month in all the markets
Markets Revenue
Ishiun
Lafenwa
Kuto
Iberekodo
Total Revenue
13 200
32 907
19 548
14 912
Total Cost
9 907
24 204
14 679
11 784
Profit
3 293
8 703
4 869
3 127
Table 4 Average plant’s parts use
Markets
Plant’s Part
Uses
Ishi
Laf
Kut
Ibe
Total
Percentage (%)
Leaves
Food
19
18
10
8
55
45.83
Concoction
25
27
20
11
83
69.17
Wrapper
15
12
17
5
49
40.83
Bark
Concoction
22
14
19
21
76
63.33
Cordage
18
16
6
4
44
36.67
Root
Concoction
21
21
8
7
57
47.50
Stem
Chewing
stick
17
21
6
12
56
46.67
Firewood
25
25
19
22
91
75.83
Pod
Feed
12
10
4
4
30
25.00
Filmcoverage
Consumption 11
5
4
6
27
22.50
Others
Drink
30
23
16
22
91
75.83
Dye
40
30
25
22
117
97.50
Syrup
7
11
7
10
35
29.16
Table 5 Uses of different plant’s parts
Plant’s parts
Uses
Leaves
Tonic for diahorrea remedies, wrapper for cooked pap
Stem
Chewing sticks with medicinal value for teeth and gums, fuelwood for domestic purposes
Extract
Cola nitida
bark extract can be used to inhibit the growth of pathogenic bacteria
Pod
The pod of
Cola nitida
can be used to feed ruminant animals, poultry and snails also confirmed byHamzat et al (2002)
Bark
Can be used as fertility regulator, relieve diahorea, nausea and heal wound
Timber
The wood can be used in construction industry e.g. houses, boat and images
Root
To clean teeth and sweeten breath
Nut
It is chewed as stimulant, aphrodisiac and healing qualities. Extracts are found in energy drinks and anti-
depressant, they are also thought to reduce hunger, aid digestion, and elevation of body temperature, increases
blood pressure and respiratory rate and to treat whooping cough. It can be processed into dye which is used in
indigenous garment industry, body art and as an ingredient for cosmetics.
Film coverage Feed supplement for animal
Table 6 Average rate of return and mean for all markets per month
CP
(
N)
SP
(
N)
TRSP
(
N)
Tax
(
N)
Rent
(
N)
TVC
(
N)
TFC
(
N)
TC
(
N)
TR
(
N)
Profit
(
N)
ROI (%)
(
N)
Ishiun
9 750
13 200
47.625
40.5
68.5
9 797
109
9 907
13 200
3 293
33.24
Lafenwa
23 587
32 907
232.00
53.5
331.67
23 819
385
24 204
32 907
8 703
35.96
Kuto
13 638
19 548
727.20
87.2
205.8
14 386
293
14 679
19 548
4 869
33.17
Iberekodo 11 520
14 912
108.80
40.0
116.0
11 629
156
11 784
14 912
3 127
26.54
Total
58 495
80 567
1 115.63
221.2
721.97
59 631
934
60 573
80 557
19 993
128.90
Mean
14 624
20 142
278.906
55.3
180.49
14 908
236
15 144
20 142
4 998
32.23