By Ngwu, G.i.
In order to help local farmers improve on their rice production technique among other objectives, Adarice project adopted the participating farmers' scheme. Currently, the
farmers engaged in rice production have reduced in number from one thousand in 1988 to
three hundred and fourteen in 1998 rainy season with a lot of empty, uncultivated fields wasting away. Consequently, the study analysed the financial structure and also ascertained . the.profitability of the enterprise in order to determine whether they are the causes of the
farmers' withdrawal from further production or not. Broadly, the study was an analysis of
the financial structure and profitability of rice enterprise of Adarice project participating
farmers in Enugu State, Nigeria. The spxil'ic objectives of the study were to describe the
socio-economic characteristics of the participating farnlers; analyse the financial structure of
the participating farmers' rice production enterprise; ascertain the profitability of the
enterprise during the pre-harvest and post-harvest periods; describe the management
problems from the view points of the project's officials aid the participating farmers; and
prof+r recommendations based on the study's findings.