Economics Analysis of Catfish Production in Anambra State, Nigeria

Ume, S I; Ebeniro, LA; Ochiaka, C. D.; Uche, F O

doi:10.22161/ijaers/3.10.25

Cited by 1 publication

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“…Inadequate finance has the highest loading among the economic constraints implying that it is a major constraint to catfish production in the study area. Inadequacy of capital or credit resonates in [21,22] as the most profound of economics constraints but not in [20], were it is the second most pressing issue. Also [24,25] report lack of capital as a serious problem affecting aquaculture in the country.…”

Section: Factor Analysis Of Farmers' Constraints To Catfish Productionmentioning

confidence: 99%

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Assessment of the Constraints to Catfish Farming in Kogi State, Nigeria

Onuche

Ahmed

Ebenehi³

2020

ARJA

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This study assessed the constraints to catfish production in Kogi state, Nigeria. The data collected were analyzed using frequency counts and exploratory factor analysis with varimax rotation method. Results show that 76.0% of the respondents were male with a mean age of 46 years and mostly educated, but little (5 years) of experience in catfish production. Three factors were extracted and the factor analysis indicate that the major problems confronting catfish production in the area are rooted in economic and climatic challenges. The challenges of finance, input costs and other economic factors faced by catfish farmers in Kogi state appear to be similar to those found elsewhere. Away from economic issues however, climatic factor and operational constraints exhibit some variations in presentations and seriousness. For instance, climatic issues appear to be priority issues in the area. Scarcity of viable fingerlings is also another issue that requires serious attention. Credit facilities at low rates or grants, should be made available to catfish farmers to enable them address input challenges. Also, research into local feeds and monitoring of local feed production will improve their qualities and minimize feed importation and its attendant high cost. Again, government support through capacity development, motivation and monitoring of extension personnel will assist in training the catfish farmers on climate change mitigating strategies. Finally, infrastructural development is canvassed in addition to availability of skilled manpower to encourage the establishment of certified hatcheries, aid in transportation and storage of output.

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Section: Factor Analysis Of Farmers' Constraints To Catfish Productionmentioning

confidence: 99%

“…Different studies on constraints to catfish production have been conducted in Nigeria. [20,21,22] identify specific constraints to aquaculture production in different parts of the country. Others related works include those of [23,24,25,26].…”

Section: Introductionmentioning

confidence: 99%