1. Profitability analysis of small-scale catfish farming in Kaduna State, Nigeria
- Author
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J S Dare, D M Kezi, M O Abdulazeez, F O Issa, and R Umar
- Subjects
Scarcity ,Agricultural science ,Aquaculture of catfish ,Fish farming ,media_common.quotation_subject ,Scale (social sciences) ,Household income ,Profitability index ,Subsidy ,Business ,Water resource management ,media_common ,Catfish - Abstract
This study analysed the profitability of small-scale catfish farming in Kaduna State, Nigeria. Sixty respondents were randomly selected and interviewed using interview schedule to elicit information through multi-stage sampling technique. The data were analysed using frequency, percentages, mean, and ranking while budgetary analysis (gross-margin) was used to determine the profitability of catfish farming. The result shows that majority (70%) used the concrete pond of an average of 200 m2. The source of their capital was mainly from personal savings (48.3%). The quantity of fingerlings raised ranges from 500-6000 at 20 fingerlings/m2. Majority (55%) of the respondents raised between 3000 and 6000 fish per cycle at 6 to 8 tons/ha-1 year-1. Quantity of fish raised and consumed had contributed positively to respondents’ household income. However, savings from catfish farming has contributed about 20 to over 75% of the total income of the respondents. The result of profitability reveals that respondents had an average of about ₦774,223.05 and net gross percentage of 73.4% per production cycle. Inadequate capital, scarcity of fingerlings, and inadequate extension services were the major problems facing catfish farmers. The study recommended that catfish farmers should be encouraged to form and manage functional cooperatives as a way to pool their resources for individual development within the fish farming industry. Also, the government should subsidize the prices of input used in fish farming. Key words: Fish farming, catfish, profitability, Kaduna State.
- Published
- 2014