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Resource Use Efficiency and Profitability of Catfish (Clarias gariepinus) Production in Akoko North East Local Government Area of Ondo State, Nigeria
Current Issue
Volume 5, 2017
Issue 5 (October)
Pages: 75-80   |   Vol. 5, No. 5, October 2017   |   Follow on         
Paper in PDF Downloads: 45   Since Aug. 31, 2017 Views: 1074   Since Aug. 31, 2017
Authors
[1]
Onuche Unekwu, Department of Agricultural Economics & Extension, Faculty of Agriculture, Kogi State University, Anyigba, Nigeria.
[2]
Mohammed Ibrahim Adah, Department of Agricultural Economics & Extension, Faculty of Agriculture, Kogi State University, Anyigba, Nigeria.
[3]
Salami Bukunmi Grace, Department of Agricultural Economics & Extension, Faculty of Agriculture, Kogi State University, Anyigba, Nigeria.
Abstract
This study focused on the resource efficiency and profitability of Catfish production in Akoko North East Local Government Area of Ondo state, Nigeria. Multistage sampling technique was used to select 56 Catfish farmers for questionnaire administration. Primary data obtained were analysed using descriptive statistics, regression analysis, efficiency index and costs and returns analysis. Results show that average age of catfish famers is 50 years. The results also reveal that Catfish farming is dominated by the male folks (91.0%.) and most of the Catfish farmers were mostly married (87.5%) with an average household size of about 6 persons. Furthermore, a mean of 6 years Catfish farming experience and an average of 15 years of education were estimated. Results also reveal that majority of the Catfish farmers (60.71%) prefer earthen ponds. Results of the input-output relationship show that feeds (p<0.01) and fingerlings (p<0.01) relate positively with Catfish output while pond size (p<0.05) related negatively with Catfish output. The efficiency indices indicate that fingerlings were under-utilized while feed, labour and pond size were over utilized. The costs and returns analysis shows that small scale catfish farming is profitable with a net farm income of N243.00, per kg. While catfish farming is profitable, much need to be done for farmers to better utilize available resources in order to achieve higher production levels and profit for guaranteed sustainability. Thus, improvement on the technical know-how of catfish farmers through seminars and workshops on resource use efficiency in catfish production in the study area is advocated.
Keywords
Catfish, Efficiency, Production, Profitability, Resource
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