Profitability and Profit Efficiency of Catfish Fingerlings Production in Edo South, Nigeria

Ahmadu, Joseph; Odum, Emmanuel Egbodo Boheje; OSARIEMEN, Faith

doi:10.30858/zer/142780

Cited by 3 publications

(4 citation statements)

References 9 publications

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“…Catfish production under different production systems was a male-dominated enterprise, and this agrees with the findings of Ajiboye et al (2020), who stated that catfish production is strenuous and requires physical strength. The relatively younger farmers, over 70% of whom were married and had received some form of education, confirmed the findings of Ahmadu et al (2021) and Olajide and Omonona (2019) that this more literate age group can contribute meaningfully to the development of catfish production in the study area. Over 60% of the respondents were involved in full-time catfish production, used purchased land and relied on their personal savings.…”

Section: Discussionsupporting

confidence: 81%

“…This species is regarded as an excellent aquaculture species because it grows fast and feeds on a variety of agricultural by-products. It is hardy and can tolerate extreme temperatures (Ahmadu et al, 2021). It is easy to produce in captivity, with a high annual production capacity, has a good feed conversion rate and is healthy for human consumption.…”

Section: Introductionmentioning

confidence: 99%

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Cost efficiency of catfish (Clarias gariepinus) production under various systems in Delta State, Nigeria

Imade,

Odum

2024

J. Agribus. Rural Dev.

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This study examined the cost efficiency of catfish production under different systems in Delta State, Nigeria. Primary data collected from 360 catfish farmers (comprising 121 concrete pond, 99 earthen pond and 140 plastic/tarpaulin pond systems) provided useful information for the data analysis. Descriptive statistics were used to describe the socioeconomic characteristics of the respondents. The stochastic cost frontier (SCF) approach was employed in analyzing the efficiency indices and their determinants. The results showed that the respondents were male dominated (64.44%), young and active, with the majority below 48 years of age. The majority of the respondents (76.67%) had a form of education that could boost their managerial abilities for catfish production. About 67.50% farmers were working full-time and 38.89% of them adopted the plastic/tarpaulin pond method because of ease of management. The average catfish weight produced was 1.50kg, and the average price per kg of mature catfish sold was NGN ₦ 722.77, with an average cost efficiency of 0.70. The study concludes that catfish production under different production systems is a cost efficient and economically viable venture, with the earthen pond method the most cost efficient (0.72). The study therefore recommends that the causes of inefficiencies should be considered and addressed so as to enhance the efficiency of catfish farmers.

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Section: Discussionsupporting

confidence: 81%

Section: Introductionmentioning

confidence: 99%

Cost efficiency of catfish (Clarias gariepinus) production under various systems in Delta State, Nigeria

Imade,

Odum

2024

J. Agribus. Rural Dev.

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“…There has been growing concerns in the recent years at the low level of animal protein intake which is essentially higher in quality than that of plant as it contains all essential amino acids for growth (Ahmadu, Boheje Odum and Osariemen, 2021). Fish happens to be the cheapest source of protein available to man (Imade and Ogieva 2022) and fish production is often viewed as one of the means of increasing food production in food deficient countries like Nigeria.…”

Section: Intrоduсtiоnmentioning

confidence: 99%

Profitability Analysis of Catfish (Clarias gariepinus) Production in Edo State, Nigeria

Imade

Ahmadu

2022

SJAFS

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The continuous importation of fish portends a colossal loss of foreign exchange reserved to Nigeria which requires urgent attention to boost fish production. It is against this backdrop that this study analyzed the profitability analysis of catfish production in Edo State, Nigeria. It specifically describe the production characteristics of the catfish farmers, estimate the input and output quantities of catfish, determine the profitability and identify the constraints associated with catfish production in the study area. Multi-stage sampling procedure was employed to select a total of 468 catfish farmers from the study area. Data collection was achieved through the administration of structured questionnaire. Data analysis was done using descriptive statistics, budgetary techniques and 4-Point Likert-type scale. The results revealed that the farmers in the study area used more of personal savings (58.12%), family land (59.40%) and local feed (82.48%). Stocked more at juvenile stage (70.30%) and produced average output of 4859.51kg per production cycle. The results also showed the average total cost incurred and revenue realized were N 543.67 and N 752.56 per kg fish respectively. The catfish production was profitable with average gross margin, net profit and return per naira invested of N224.35, N208.90 and N1.38 per production cycle respectively. The major constraints faced by catfish farmers were high cost of food (3.96), lack of capital (3.65) and lack of inadequate power supply (3.51) are very serious constraints among others. Since the catfish production was profitable, the farmers should be encouraged to combat these constraints and expand their holdings to boost production.

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“…When compared with the results of this study, RCR value of catfish farm is not IOP Publishing doi:10.1088/1755-1315/1114/1/012051 6 much different. The other hand, there is a difference with research prepiously is obtained RCR value 1.66 [27].…”

Section: Profit Catfish Farmmentioning

confidence: 77%

Profit functions of catfish farming for increasing household income in Pekanbaru City Riau Province

Elinur

Heriyanto

Asrol

et al. 2022

IOP Conf. Ser.: Earth Environ. Sci.

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The profit of catfish farm is a description of performance of the business, where the profit is determined by output and inputs price. This study aims to analyze of catfish farm profits and determinants of catfish farm profits. This study used a survey method, located in Pekanbaru City. The research data are cross section data what was obtained by using the inverview method, The sampling method used simple random sampling method with 98 catfish farmers, Data analysis used statistical analysis with multiple linear regression. There are several findings: First, catfish farms in Pekanbaru City is profitable. Second, the catfish price, labor wages, feed price PF 1000 depresiation costs are significantly to affect profits, but the price of seed and feed PF 800 do not significantly to effect it. The Third, catfish price s responsive to changes in profit of catfish farm. This is means to changes catfish prices have a major impact on changes in catfish farm profits. However, labor wages, feeds and depreciation cost are not responsive to farm profits. This study recommends that the output price policy is very important for the sustainability of this business.

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Profitability and Profit Efficiency of Catfish Fingerlings Production in Edo South, Nigeria

Cited by 3 publications

References 9 publications

Cost efficiency of catfish (Clarias gariepinus) production under various systems in Delta State, Nigeria

Cost efficiency of catfish (Clarias gariepinus) production under various systems in Delta State, Nigeria

Profitability Analysis of Catfish (Clarias gariepinus) Production in Edo State, Nigeria

Profit functions of catfish farming for increasing household income in Pekanbaru City Riau Province

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