Economics Analysis of Catfish Production in Anambra State, Nigeria

Economics Analysis of Catfish Production in Anambra State, Nigeria



Ume S.I., Ebeniro .L.A., Ochiaka C.D., Uche F.O.



The study was on economics of catfish production in
Anambra State of Nigeria. Structured questionnaire and oral interview
were administered on sixty catfish farmers selected from the state.
Percentage response was used to determine the farmers’ socioeconomic
characteristics and constraints to catfish production. Semi log
functional form was used to analyze the effect of farmers’ socioeconomic
characteristics on their output. The profitability in catfish was
determined using gross margin and profit analysis. The result of the
socioeconomic characteristics shows that majority of the catfish farmers
were male (83.3%) and of the age bracket of 31-40 (40%). Most of the
catfish farmers were literate (91.7%) and operated on pond size of 5m2
(50%). The socioeconomic determinants to catfish farmers’ output were
educational level, farming experience and membership of cooperative. The
gross margin of N323,600 and profit of N155,100 were recorded. The
gross margin of N322,600, profit of N153,000, benefit cost ratio of
1.40, expense structure ratio of 0:48 and a gross ratio of 0.2123 were
recorded. The major constraints to catfish production in the study area
were cannibalism, poor access to credit, poor access to extension
services, high cost of building material, high cost of feed and poor
fish breed and scarcity of fingerling (13.3%). Recommendations offered
included improving farmers’ access to improve fingerlings and education
through seminars and workshops. 



10.22161/ijaers/3.10.25



http://ijeab.com/upload_document/issue_files/25%20IJEAB-OCT-2016-4-Economics%20Analysis%20of%20Catfish%20Production%20in%20Anambra%20State,%20Nigeria.pdf



http://ijeab.com/submit-paper/

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