Effects of Price Fluctuations on Welfare of Residents of Dutsin-Ma Town

Student: Faridah Ayomide Aderoju (Project, 2025)
Department of Economics
Federal University, Dutsin-Ma, Katsina State


Abstract

This study investigates the impact of price fluctuations on the welfare of households in Dutsin- Ma, Katsina State, Nigeria, with the broad objective of understanding how volatile prices influence household expenditure patterns, income stability, and access to essential services. A mixed-methods approach was employed, combining data from 129 households collected through structured questionnaires. The analysis utilized both descriptive and inferential statistics, including linear regression and chi-square tests. The key findings reveal that price volatility- particularly in food, transportation, and social service costs has significantly undermined household welfare. Households reported adopting coping strategies such as reducing food intake, cutting non-food expenses, and limiting access to education and healthcare. Regression analysis showed a strong statistical relationship between price fluctuations and welfare decline, with price changes accounting for 83% of the variation in household welfare. The study concludes that the current macroeconomic instability and inadequate government interventions have exacerbated financial hardship among households in Dutsin-Ma. It recommends strengthening price regulation mechanisms, implementing targeted social protection programs, improving infrastructure, and promoting income diversification to build household resilience against future price shocks.

Keywords
price welfare households household fluctuations dutsin-ma income access analysis regression