Analysis of the Resource Management Ability by Catfish Farmers in Nigeria: A Case of Ogbaru Local Government Area, Anambra State

Obianefo Chukwujekwu Aloysius; Nwike Chukwudi Matthew; Anumudu Oluchi Odinaka; Onyekineso Chimnedum Johnpaul

doi:doi:10.11648/j.ijae.20200505.12

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Analysis of the Resource Management Ability by Catfish Farmers in Nigeria: A Case of Ogbaru Local Government Area, Anambra State

Obianefo Chukwujekwu Aloysius, Nwike Chukwudi Matthew, Anumudu Oluchi Odinaka, Onyekineso Chimnedum Johnpaul

Published in International Journal of Agricultural Economics (Volume 5, Issue 5)

Received: 15 August 2020 Accepted: 25 August 2020 Published: 3 September 2020

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Abstract

The study was on the analysis of the resource management ability by catfish farmers in Nigeria: A case of Ogbaru Local Government Area, Anambra State. The study focused on the five objectives which investigated the socioeconomic characteristics, costs and net returns, production function, determinants of the returns, resource use efficiency of the farmers, and the challenges facing fish farmers. Data for the study was collected from a cross-section of 240 randomly selected catfish farmers using a well-structured questionnaire and facial interview. The study was able to reveal that male (72.1%) farmers dominated the industry. The study recorded an average age, household size, level of education, farming experience, and output as 46 years, 11 people, 11 years, 13 years and 5.297 tons respectively. Fish farming was profitable with a net returns of 5,057.02 USD and returns on investment of 1.82 implying 1.82 USD returns upon every USD investment. The double-log was the lead functional form for the production functions, pond size (2.64)**, utilities (1.99)**, fingerlings (2.92)***, fertilizer (-1.97)**, and labour (-3.31)*** were the significant production factors. The ratio of Marginal Value Product (MVP) to Marginal Factor Cost (MFC) was less than one for all the resources used apart from fingerlings cost which was greater than one. The relationship between net returns and socioeconomic variables, semi-log was the lead equation and sex, farming experience, level of education, household size, and primary occupation were the significant variables. Furthermore, the study identified the following grey areas inherent in fish farming in the area to include; high cost of feed among others.

Published in	International Journal of Agricultural Economics (Volume 5, Issue 5)
DOI	10.11648/j.ijae.20200505.12
Page(s)	156-164
Creative Commons	This is an Open Access article, distributed under the terms of the Creative Commons Attribution 4.0 International License (http://creativecommons.org/licenses/by/4.0/), which permits unrestricted use, distribution and reproduction in any medium or format, provided the original work is properly cited.
Copyright	Copyright © The Author(s), 2020. Published by Science Publishing Group

Keywords

Catfish Farming, Management, Optimal Allocation, Relative Change, Marginal Value Product, Efficiency

References

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Obianefo Chukwujekwu Aloysius, Nwike Chukwudi Matthew, Anumudu Oluchi Odinaka, Onyekineso Chimnedum Johnpaul. (2020). Analysis of the Resource Management Ability by Catfish Farmers in Nigeria: A Case of Ogbaru Local Government Area, Anambra State. International Journal of Agricultural Economics, 5(5), 156-164. https://doi.org/10.11648/j.ijae.20200505.12

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ACS Style

Obianefo Chukwujekwu Aloysius; Nwike Chukwudi Matthew; Anumudu Oluchi Odinaka; Onyekineso Chimnedum Johnpaul. Analysis of the Resource Management Ability by Catfish Farmers in Nigeria: A Case of Ogbaru Local Government Area, Anambra State. Int. J. Agric. Econ. 2020, 5(5), 156-164. doi: 10.11648/j.ijae.20200505.12

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AMA Style

Obianefo Chukwujekwu Aloysius, Nwike Chukwudi Matthew, Anumudu Oluchi Odinaka, Onyekineso Chimnedum Johnpaul. Analysis of the Resource Management Ability by Catfish Farmers in Nigeria: A Case of Ogbaru Local Government Area, Anambra State. Int J Agric Econ. 2020;5(5):156-164. doi: 10.11648/j.ijae.20200505.12

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@article{10.11648/j.ijae.20200505.12,
  author = {Obianefo Chukwujekwu Aloysius and Nwike Chukwudi Matthew and Anumudu Oluchi Odinaka and Onyekineso Chimnedum Johnpaul},
  title = {Analysis of the Resource Management Ability by Catfish Farmers in Nigeria: A Case of Ogbaru Local Government Area, Anambra State},
  journal = {International Journal of Agricultural Economics},
  volume = {5},
  number = {5},
  pages = {156-164},
  doi = {10.11648/j.ijae.20200505.12},
  url = {https://doi.org/10.11648/j.ijae.20200505.12},
  eprint = {https://article.sciencepublishinggroup.com/pdf/10.11648.j.ijae.20200505.12},
  abstract = {The study was on the analysis of the resource management ability by catfish farmers in Nigeria: A case of Ogbaru Local Government Area, Anambra State. The study focused on the five objectives which investigated the socioeconomic characteristics, costs and net returns, production function, determinants of the returns, resource use efficiency of the farmers, and the challenges facing fish farmers. Data for the study was collected from a cross-section of 240 randomly selected catfish farmers using a well-structured questionnaire and facial interview. The study was able to reveal that male (72.1%) farmers dominated the industry. The study recorded an average age, household size, level of education, farming experience, and output as 46 years, 11 people, 11 years, 13 years and 5.297 tons respectively. Fish farming was profitable with a net returns of 5,057.02 USD and returns on investment of 1.82 implying 1.82 USD returns upon every USD investment. The double-log was the lead functional form for the production functions, pond size (2.64)**, utilities (1.99)**, fingerlings (2.92)***, fertilizer (-1.97)**, and labour (-3.31)*** were the significant production factors. The ratio of Marginal Value Product (MVP) to Marginal Factor Cost (MFC) was less than one for all the resources used apart from fingerlings cost which was greater than one. The relationship between net returns and socioeconomic variables, semi-log was the lead equation and sex, farming experience, level of education, household size, and primary occupation were the significant variables. Furthermore, the study identified the following grey areas inherent in fish farming in the area to include; high cost of feed among others.},
 year = {2020}
}

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TY  - JOUR
T1  - Analysis of the Resource Management Ability by Catfish Farmers in Nigeria: A Case of Ogbaru Local Government Area, Anambra State
AU  - Obianefo Chukwujekwu Aloysius
AU  - Nwike Chukwudi Matthew
AU  - Anumudu Oluchi Odinaka
AU  - Onyekineso Chimnedum Johnpaul
Y1  - 2020/09/03
PY  - 2020
N1  - https://doi.org/10.11648/j.ijae.20200505.12
DO  - 10.11648/j.ijae.20200505.12
T2  - International Journal of Agricultural Economics
JF  - International Journal of Agricultural Economics
JO  - International Journal of Agricultural Economics
SP  - 156
EP  - 164
PB  - Science Publishing Group
SN  - 2575-3843
UR  - https://doi.org/10.11648/j.ijae.20200505.12
AB  - The study was on the analysis of the resource management ability by catfish farmers in Nigeria: A case of Ogbaru Local Government Area, Anambra State. The study focused on the five objectives which investigated the socioeconomic characteristics, costs and net returns, production function, determinants of the returns, resource use efficiency of the farmers, and the challenges facing fish farmers. Data for the study was collected from a cross-section of 240 randomly selected catfish farmers using a well-structured questionnaire and facial interview. The study was able to reveal that male (72.1%) farmers dominated the industry. The study recorded an average age, household size, level of education, farming experience, and output as 46 years, 11 people, 11 years, 13 years and 5.297 tons respectively. Fish farming was profitable with a net returns of 5,057.02 USD and returns on investment of 1.82 implying 1.82 USD returns upon every USD investment. The double-log was the lead functional form for the production functions, pond size (2.64)**, utilities (1.99)**, fingerlings (2.92)***, fertilizer (-1.97)**, and labour (-3.31)*** were the significant production factors. The ratio of Marginal Value Product (MVP) to Marginal Factor Cost (MFC) was less than one for all the resources used apart from fingerlings cost which was greater than one. The relationship between net returns and socioeconomic variables, semi-log was the lead equation and sex, farming experience, level of education, household size, and primary occupation were the significant variables. Furthermore, the study identified the following grey areas inherent in fish farming in the area to include; high cost of feed among others.
VL  - 5
IS  - 5
ER  -

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Author Information

Obianefo Chukwujekwu Aloysius

IFAD Assisted Anambra State Value Chain Development Programme, Awka, Nigeria
Nwike Chukwudi Matthew

Department of Agricultural Education, Federal College of Education (Technical), Umunze, Nigeria
Anumudu Oluchi Odinaka

Department of Agricultural Economics and Extension, Nnamdi Azikiwe University, Awka, Nigeria
Onyekineso Chimnedum Johnpaul

Department of Cooperative Economics and Management, Nnamdi Azikiwe University, Awka, Nigeria

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Obianefo Chukwujekwu Aloysius, Nwike Chukwudi Matthew, Anumudu Oluchi Odinaka, Onyekineso Chimnedum Johnpaul. (2020). Analysis of the Resource Management Ability by Catfish Farmers in Nigeria: A Case of Ogbaru Local Government Area, Anambra State. International Journal of Agricultural Economics, 5(5), 156-164. https://doi.org/10.11648/j.ijae.20200505.12

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ACS Style

Obianefo Chukwujekwu Aloysius; Nwike Chukwudi Matthew; Anumudu Oluchi Odinaka; Onyekineso Chimnedum Johnpaul. Analysis of the Resource Management Ability by Catfish Farmers in Nigeria: A Case of Ogbaru Local Government Area, Anambra State. Int. J. Agric. Econ. 2020, 5(5), 156-164. doi: 10.11648/j.ijae.20200505.12

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AMA Style

Obianefo Chukwujekwu Aloysius, Nwike Chukwudi Matthew, Anumudu Oluchi Odinaka, Onyekineso Chimnedum Johnpaul. Analysis of the Resource Management Ability by Catfish Farmers in Nigeria: A Case of Ogbaru Local Government Area, Anambra State. Int J Agric Econ. 2020;5(5):156-164. doi: 10.11648/j.ijae.20200505.12

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@article{10.11648/j.ijae.20200505.12,
  author = {Obianefo Chukwujekwu Aloysius and Nwike Chukwudi Matthew and Anumudu Oluchi Odinaka and Onyekineso Chimnedum Johnpaul},
  title = {Analysis of the Resource Management Ability by Catfish Farmers in Nigeria: A Case of Ogbaru Local Government Area, Anambra State},
  journal = {International Journal of Agricultural Economics},
  volume = {5},
  number = {5},
  pages = {156-164},
  doi = {10.11648/j.ijae.20200505.12},
  url = {https://doi.org/10.11648/j.ijae.20200505.12},
  eprint = {https://article.sciencepublishinggroup.com/pdf/10.11648.j.ijae.20200505.12},
  abstract = {The study was on the analysis of the resource management ability by catfish farmers in Nigeria: A case of Ogbaru Local Government Area, Anambra State. The study focused on the five objectives which investigated the socioeconomic characteristics, costs and net returns, production function, determinants of the returns, resource use efficiency of the farmers, and the challenges facing fish farmers. Data for the study was collected from a cross-section of 240 randomly selected catfish farmers using a well-structured questionnaire and facial interview. The study was able to reveal that male (72.1%) farmers dominated the industry. The study recorded an average age, household size, level of education, farming experience, and output as 46 years, 11 people, 11 years, 13 years and 5.297 tons respectively. Fish farming was profitable with a net returns of 5,057.02 USD and returns on investment of 1.82 implying 1.82 USD returns upon every USD investment. The double-log was the lead functional form for the production functions, pond size (2.64)**, utilities (1.99)**, fingerlings (2.92)***, fertilizer (-1.97)**, and labour (-3.31)*** were the significant production factors. The ratio of Marginal Value Product (MVP) to Marginal Factor Cost (MFC) was less than one for all the resources used apart from fingerlings cost which was greater than one. The relationship between net returns and socioeconomic variables, semi-log was the lead equation and sex, farming experience, level of education, household size, and primary occupation were the significant variables. Furthermore, the study identified the following grey areas inherent in fish farming in the area to include; high cost of feed among others.},
 year = {2020}
}

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TY  - JOUR
T1  - Analysis of the Resource Management Ability by Catfish Farmers in Nigeria: A Case of Ogbaru Local Government Area, Anambra State
AU  - Obianefo Chukwujekwu Aloysius
AU  - Nwike Chukwudi Matthew
AU  - Anumudu Oluchi Odinaka
AU  - Onyekineso Chimnedum Johnpaul
Y1  - 2020/09/03
PY  - 2020
N1  - https://doi.org/10.11648/j.ijae.20200505.12
DO  - 10.11648/j.ijae.20200505.12
T2  - International Journal of Agricultural Economics
JF  - International Journal of Agricultural Economics
JO  - International Journal of Agricultural Economics
SP  - 156
EP  - 164
PB  - Science Publishing Group
SN  - 2575-3843
UR  - https://doi.org/10.11648/j.ijae.20200505.12
AB  - The study was on the analysis of the resource management ability by catfish farmers in Nigeria: A case of Ogbaru Local Government Area, Anambra State. The study focused on the five objectives which investigated the socioeconomic characteristics, costs and net returns, production function, determinants of the returns, resource use efficiency of the farmers, and the challenges facing fish farmers. Data for the study was collected from a cross-section of 240 randomly selected catfish farmers using a well-structured questionnaire and facial interview. The study was able to reveal that male (72.1%) farmers dominated the industry. The study recorded an average age, household size, level of education, farming experience, and output as 46 years, 11 people, 11 years, 13 years and 5.297 tons respectively. Fish farming was profitable with a net returns of 5,057.02 USD and returns on investment of 1.82 implying 1.82 USD returns upon every USD investment. The double-log was the lead functional form for the production functions, pond size (2.64)**, utilities (1.99)**, fingerlings (2.92)***, fertilizer (-1.97)**, and labour (-3.31)*** were the significant production factors. The ratio of Marginal Value Product (MVP) to Marginal Factor Cost (MFC) was less than one for all the resources used apart from fingerlings cost which was greater than one. The relationship between net returns and socioeconomic variables, semi-log was the lead equation and sex, farming experience, level of education, household size, and primary occupation were the significant variables. Furthermore, the study identified the following grey areas inherent in fish farming in the area to include; high cost of feed among others.
VL  - 5
IS  - 5
ER  -

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