ECONOMIC ANALYSIS OF FISH FARMING AND ITS CONTRIBUTION TO HOUSEHOLD POVERTY ALLEVIATION

Format: MS WORD | Chapter: 1-5 | Pages: 84 | 3251 Users found this project useful | Price NGN5,000

ECONOMIC ANALYSIS OF FISH FARMING AND ITS CONTRIBUTION TO HOUSEHOLD POVERTY ALLEVIATION

ABSTRACT

The study focused on the economic analysis of fish farming and its contribution to household poverty alleviation in Akure South and Owo Local Government Areas of Ondo State, Nigeria. A multi stage sampling technique was used to select 100 fish farmers for the study during the 2013 production cycle. Data obtained were analyzed using descriptive statistics, net farm income analysis, Tobit regression model, expenditure approach of determining poverty line, Foster, Greer and Thorbecke technique and z-test. Results of the study showed that 63% of the fish farmers were still within the economically active age bracket of 20-49; 80% of the respondents had tertiary education while 70% had an average of 4 years of farming experience. Earthen pond was used by about 78% of the respondents to culture fish; 88% of the farmers practiced monoculture while 12% practiced polyculture. Significant determinants of intensity of fish farming were pond size (0.0004), number of ponds (0.1051), feed (0.6411), start-up capital (-0.6771), labour (-0.0003), years of experience (0.0105) and level of education (0.0169). An average quantity of 3,097.00 kilogram of table size fish was harvested from an average pond size of 353.00m2 at the end of the production cycle. The net farm income analysis showed that fish farming was profitable in the study area with a profit of N2,432.37/m2 being realized by a farmer at the end of the production cycle. At 0.05 probability level, the calculated z value was statistically significant and thereby ascertained the positive contribution of fish farming to household poverty alleviation. Notable problems facing fish farmers were high cost of fish feed (33.06%), inadequate capital (22.98%) and inadequate market (12.09%). The study recommended that farmers should be trained on how to compound feed used in raising fish. It is also recommended that increased credit facilities toward aquaculture by financial institutions will help farmers to expand their scale of operation and practice modern culture system such as re-circulatory aquaculture system.

CHAPTER ONE

INTRODUCTION

1.1 Background of the Study

Fish farming is the rearing or production of fish in a semi-controlled environment like ponds, cages, tanks, irrigational canals, reservoirs and other types of enclosures (Ayodele and Ajani, 1995). It is a well-established industry in many parts of the world especially in Asia and Africa. Modern-day fish farming is traced to ancient China in Southeast Asia as well as ancient Egypt in North Africa and the Roman Empire in Europe where food fishes were produced in static and limited ponds. The process of production was described as extensive whereby fish were cultured or raised in an environment similar to their natural habitat (Wedemeyer, 2016).

Fish farming as an economic activity was first introduced into Nigeria about 66 years ago with the establishment of a small experimental station at Onikan in Lagos State, Agodi in Ibadan, Oyo State, and an industrial farm (20 hectares) at Panyam in Plateau State by the Federal Government of Nigeria (Ayodele and Ajani, 2015). Since the establishment of fish farms was spear-headed by the Federal Government of Nigeria, fish farming had received some attention from the government through her programmes on agriculture such as the establishment of Aquaculture and Inland Fisheries Project and the Presidential Initiative on Aquaculture in 2015.

Among the different food production systems around the world, fish farming is widely seen as an important weapon in the global fight against poverty, malnutrition and food insecurity, particularly within developing Countries like Nigeria and Ondo State in particular.

Tags: ECONOMIC ANALYSIS OF FISH FARMING ANALYSIS OF FISH FARMING AND ITS CONTRIBUTION TO HOUSEHOLD POVERTY

DOWNLOAD THE COMPLETE PROJECT

Project information

Project Price

NGN5,000
Number of Pages

84
Number of Chapters

1-5
Additional Content

Abstract, Table of Content & Questionnaire

ECONOMIC ANALYSIS OF FISH FARMING AND ITS CONTRIBUTION TO HOUSEHOLD POVERTY ALLEVIATION

Not The Topic You Are Looking For?

For Quick Help Chat with Us Now!

+234 813 292 6373

+233 55 397 8005

Search for your project topic

HOW TO GET THE COMPLETE PROJECT ON ECONOMIC ANALYSIS OF FISH FARMING AND ITS CONTRIBUTION TO HOUSEHOLD POVERTY ALLEVIATION INSTANTLY

Click on the Download Button above.
Select any option to get the complete project immediately.
Chat with Our Instant Help Desk on +234 813 292 6373 for further assistance.
All projects on our website are well researched by professionals with high level of professionalism.

Here's what our amazing customers are saying

Azeez Abiodun

Moshood Abiola polytechnic

I actually googled and saw about iproject master, copied the number and contacted them through WhatsApp to ask for the availability of the material and to my luck they have it. So there was a delay with the project due to the covid19 pandemic. I was really scared before making the payment cause I’ve been scammed twice, they attended so well to me and that made me trust the process and made the payment and provided them with proof, I got my material in less than 10minutes

Very Good

Merry From BSU

I am now a graduate because of iprojectmaster.com, God Bless you guys for me.

Excellent

Gbadamosi Solomon Oluwabunmi

Lasu

Swift delivery within 9 minutes of payment. Thank you project master

Excellent

Peace From Unilag

I cried not knowing how to go about my project but the day i searched online and saw iprojectmaster, i called and got my full project in less than 15minutes, i was shocked!

Excellent

Musa From Ahmadu Bello University

Thank you iprojectmaster for saving my life, please keep it up and may God continue to bless you people.

Excellent

Uduak From Uniuyo

IProjectMaster is the best project site for students. Their works are unique and free of plagiarism!

Excellent

Dau Mohammed Kabiru

Kaduna State College of Education Gidan Waya

This is my first time..Your service is superb. But because I was pressed for time, I became jittery when I did not receive feedbackd. I will do more business with you and I will recommend you to my friends. Thank you.

Very Good

Samuel From Ajayi Crowther University

You guys just made life easier for students. Thanks alot iprojectmaster.com

Excellent

MATTHEW NGBEDE

Ahmadu Bello University

I wish I knew you guys when I wrote my first degree project, it took so much time and effort then. Now, with just a click of a button, I got my complete project in less than 15 minutes. You guys are too amazing!

Excellent

Joseph M. Yohanna

Thanks a lot, am really grateful and will surely tell my friends about your website.

Excellent

View All Reviews

FREQUENTLY ASKED QUESTIONS

How do I get this complete project on ECONOMIC ANALYSIS OF FISH FARMING AND ITS CONTRIBUTION TO HOUSEHOLD POVERTY ALLEVIATION? Simply click on the Download button above and follow the procedure stated.
I have a fresh topic that is not on your website. How do I go about it?
How fast can I get this complete project on ECONOMIC ANALYSIS OF FISH FARMING AND ITS CONTRIBUTION TO HOUSEHOLD POVERTY ALLEVIATION? Within 15 minutes if you want this exact project topic without adjustment
Is it a complete research project or just materials? It is a Complete Research Project i.e Chapters 1-5, Abstract, Table of Contents, Full References, Questionnaires / Secondary Data
What if I want to change the case study for ECONOMIC ANALYSIS OF FISH FARMING AND ITS CONTRIBUTION TO HOUSEHOLD POVERTY ALLEVIATION, What do i do? Chat with Our Instant Help Desk Now: +234 813 292 6373 and you will be responded to immediately
How will I get my complete project? Your Complete Project Material will be sent to your Email Address in Ms Word document format
Can I get my Complete Project through WhatsApp? Yes! We can send your Complete Research Project to your WhatsApp Number
What if my Project Supervisor made some changes to a topic i picked from your website? Call Our Instant Help Desk Now: +234 813 292 6373 and you will be responded to immediately
Do you assist students with Assignment and Project Proposal? Yes! Call Our Instant Help Desk Now: +234 813 292 6373 and you will be responded to immediately
What if i do not have any project topic idea at all? Smiles! We've Got You Covered. Chat with us on WhatsApp Now to Get Instant Help: +234 813 292 6373
How can i trust this site? We are well aware of fraudulent activities that have been happening on the internet. It is regrettable, but hopefully declining. However, we wish to reinstate to our esteemed clients that we are genuine and duly registered with the Corporate Affairs Commission as "PRIMEDGE TECHNOLOGY". This site runs on Secure Sockets Layer (SSL), therefore all transactions on this site are HIGHLY secure and safe!