ECONOMIC ANALYSIS OF CATFISH PRODUCTION AND ITS CONTRIBUTION TO HOUSEHOLD FOOD SECURITY IN FEDERAL CAPITAL TERRITORY, ABUJA, NIGERIA | Blazingprojects Postgraduate Thesis
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ECONOMIC ANALYSIS OF CATFISH PRODUCTION AND ITS CONTRIBUTION TO HOUSEHOLD FOOD SECURITY IN FEDERAL CAPITAL TERRITORY, ABUJA, NIGERIA

 

Table Of Contents


  •                TABLE OF CONTENTS Content                               Page Title Page…………………………………………………………………………………i Declaration………………………………………………………………………............ii Certification……………………………………………………………………..............iii Dedication……………………………………………………………………………….iv Acknowledgement……………………………………………………………………....v Table of Contents……………………………………………………………………….vi List of Tables……………………………………………………………………............ix List of Figures……………………………………………………………………............x List of Appendices………………………………………………………………………xi Abstract………………………………………………………………………………...xii 

Chapter ONE

INTRODUCTION

  • ………………………………………………………………………..1 INTRODUCTION……………………………………………………………………...1 
  • 1.1Background of the Study………………………………………………………..1 
  • 1.2Problem Statement………………………………………………………………3 
  • 1.3Objectives of the Study………………………………………………………….4 
  • 1.4Justification of the Study………………………………………………………..5 
  • 1.5Research Hypothesis…………………………………………………………….5 

Chapter TWO

LITERATURE REVIEW

  • ……………………………………………………………………….6 LITERATURE REVIEW……………………………………………………………...6 
  • 2.1An Overview of Fish Farming in Nigeria………………………………………..6 
  • 2.2Fisheries Management Systems in Nigeria ……………………………………..6 
  • 2.3Food and Agricultural Organization Sustainable Fisheries Development………7 
  • 2.4Importance of Fish Farming in the Nigerian economy ………………………….8 
  • 2.5Prospects and Potentials of Catfish Production in Nigeria …………………….10 
  • 2.6Constraints to Sustainable Fisheries Development in Nigeria ………………....12 
  • 2.7Environmental Impact of Fish Farming ………………………………………..13 
  • 2.8Definition and Types of Efficiency …………………………………………....15 
  • 2.9Concepts of Food Security …………………………………………………….21 
  • 2.10Rates of Food Insecurity ……………………………………………………....25 
  • 2.11World Summit on Food Security..................................................................26 
  • 2.12Effects of Food Insecurity and Measurements ………………………………..31 
  • 2.13Challenges to Achieving Food Security.........................................................32 
  • 2.14Review of Empirical Studies on Food Security Measurement Approaches Food Security Statuses ………………………………………………..................................................………...35 

Chapter THREE

RESEARCH METHODOLOGY

  • ……………………………………………………………....……..37 METHODOLOGY……………………………………………………………...………37 
  • 3.1Description of the Study Area ………………………………………………….37 
  • 3.2Sampling Procedure and Sample Size.........................................................38 
  • 3.3Data Collection Techniques...........................................................................39 
  • 3.4Analytical Techniques....................................................................................40 

Chapter FOUR

DATA PRESENTATION AND ANALYSIS

  • …………………………………………………………………….46 RESULTS AND DISCUSSION……………………………………………………...46 
  • 4.1Socio-Economic Characteristics of the Farmers ………………………...….46 
  • 4.2Profitability Analysis of Catfish Farming ……………………………...............49 
  • 4.3Stochastic Frontier Analysis ……………………………………………………51 
  • 4.4Impact of Catfish Production on Food Security Status of Farmers ………59 
  • 4.5Constraints to Catfish Production ……………………………………………...62 

Chapter FIVE

SUMMARY, CONCLUSION AND RECOMMENDATIONS

  • ……………………………………………………………………...64 SUMMARY, CONCLUSION AND RECOMMENDATIONS……………………64 
  • 5.1Summary………………………………………………………………………..64 
  • 5.2Conclusion……………………………………………………………………...66 
  • 5.3Recommendations......................................................................................66 
  • 5.4Contribution of the Study to Knowledge……………………………………...67 REFERENCES…………………………………………………………………..…68 

Thesis Abstract

                   ABSTRACT 

The study was carried out to evaluate the economics of catfish production and its contribution towards achieving household food security in Federal Capital Territory, Abuja, Nigeria. A multi-stage sampling technique was used to select 155 farmers for the study. Data were collected using structured questionnaire. Information was collected on socioeconomic characteristics, inputs and output quantities as well as their prices. Descriptive statistics were used to describe socioeconomic characteristics as well as the constraints to catfish production. The estimation of technical, allocative and economic efficiency and their determinants were achieved using stochastic frontier production and cost function. Food security line and Z-statistic were used to examine the contribution of catfish production on food security status of catfish farmers. The findings revealed that majority of the respondents were literate with mean age of 42 years; majority (56%) of the respondents had a mean household size of 9 people while about half (51%) of the respondents had a mean of 12 years experience in catfish farming. The results also show that an average total cost (TC) of ₦1,520,204.24 per production cycle was incurred while total revenue (TR) of ₦2,873,521.29 was realized with a gross margin (GM) of ₦1,718,616.84. The net farm income (NFI) of ₦1,353,317.05 was realised with a rate of return of 0.89 for every ₦1.00 invested. It was revealed that increase in number of fingerlings, fish feed and fuel will lead to increase in the output of catfish while age, education, experience and cooperative society were key determinants of technical, allocative and economic efficiency of the farmers. The mean technical, allocative and economic efficiencies of the farmers were 0.67, 0.65 and 0.44 respectively. The study highlights some problems facing the farmers such as lack of access to financial capital, high cost of feed or other farm inputs, limited market sales and flooding during the rainy season and inadequate storage facility as the major constraints in catfish production. It was recommended that the Government should make policies that would encourage and make catfish farming attractive to younger generation as a means of livelihood. Existing farmers should also be encouraged to form cooperatives and access financial assistance from government institutions. The quantity and quality of feed input being fed to the fish should be improved if a reasonable level of productivity is to be achieved by the farmers toward achieving food security.

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