1 Agricultural and Resource Economics Department, Federal University of Technology, Akure, Nigeria
2 Agricultural Economics Department, University of Ibadan, Nigeria
Conflicts between Fulani herdsmen and arable crop farmers have become a common phenomenon in Nigeria, especially in the Southern part. The competition for land between these two stakeholders has caused losses in agricultural outputs and also inflicted the economic burden on both user-groups. Thus, the growing need to examine the economic burden of the conflicts is germane. Primary data were used and Multistage Sampling approach was adopted in selecting 160 farmers and 60 herdsmen in the study area. Descriptive statistics, economic loss model and Tobit regression model were the analytic tools employed. The findings revealed that mean loss of $2,045.39 was incurred by arable farmers due to loss of lives, while their output was reduced by about 26% as a result of the conflicts. The major cause of conflict from the farmers' perspective was the destruction of crops by cattle, while herdsmen attributed it to blockage of stock routes. Creation of grazing routes and launching of crisis prevention initiatives are policy options that could be adopted to prevent economic loss and increase productivity among the farmers.