Catfish farming: a sustainability study at Eriwe fish farming village in southwest Nigeria

Folorunso, Ewumi Azeez; Rahman, Muhammad Arifur; Sarfo, Isaac; Darko, George; Olowe, Olumide Samuel

doi:10.1007/s10499-021-00662-0

Cited by 10 publications

(5 citation statements)

References 20 publications

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“…The break‐even production level also varies across pond sizes, with larger ponds generally requiring higher production levels to cover costs. Similar findings were reported by Folorunso et al (2021); Ndanga et al (2013); Niyibizi et al (2022) and Waithanji et al (2020) where high production costs were associated with pond size determination by rural fish farmers for the economic sustainability of aquaculture practices (Ideba et al, 2013; Iruo et al, 2019). These findings therefore highlight the importance of considering pond size in financial planning and decision‐making in fish farming, as it directly influences profitability and financial sustainability.…”

Section: Discussionsupporting

confidence: 83%

Aquaculture: A hidden goldmine for the rural poor—A cost–benefit analysis of fish farming for sustainable development and food security in Vihiga County, Kenya

Syanya,

Harikrishnan,

Simiyu

et al. 2024

Bus Strat Dev

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In Kenya, aquaculture plays a significant role in enhancing the livelihoods of rural communities by boosting the local economy and diversifying protein sources. Although Vihiga County in Western Kenya boasts considerable potential for aquaculture, it paradoxically experiences some of the highest levels of poverty and malnutrition in the country. The profitability of fish farming has also been affected by inefficiencies and poor resources, disproportionately affecting the income and nutritional value of rural poor who rely on Aquaculture as a source of cheap protein. The study was conducted in Vihiga County to assess the cost–benefit of aquaculture production, selecting 100 fish farmers through a stratified random sampling technique from five sub‐counties. A descriptive research design was employed, and data analysis was conducted using correlation and regression analysis with SPSS. Budgetary techniques were used for the cost–benefit analysis. Data presentation was by comparing the mean and standard deviation in US dollars of different pond size production. The research findings indicated that the size and type of pond do not have a significant correlation and differences in production (p‐value >.05). There is a strong positive correlation between the size of the pond and the stocking density. The variable cost (VC) has a positive correlation with pond productivity meaning that an increase in VC leads to an increase in production. And is not statistically significant (p‐value = .21827, p‐value >.05). Moreover, the total cost (TC) correlation is statistically significant (p‐value = .0351, p < .05). Larger ponds are more profitable but require higher costs production than smaller ponds. The study concludes that pond size significantly impacts productivity, advocating for smaller ponds to achieve higher net returns with lower production costs. Major challenges include high costs of feeds, inputs, fish diseases, and post‐harvest losses. Key policy variables influencing aquaculture in Vihiga County include infrastructure, fish feed production, capital, and fisheries extension services. Adequate financial support from both National and County governments is crucial for sustainable aquaculture in alignment with Kenya's Vision 2030 and Global Sustainable Development Goals. Policymakers are urged to assist small‐scale farmers with financing, training, and market information to optimize returns on investment.

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Section: Discussionsupporting

confidence: 83%

Aquaculture: A hidden goldmine for the rural poor—A cost–benefit analysis of fish farming for sustainable development and food security in Vihiga County, Kenya

Syanya,

Harikrishnan,

Simiyu

et al. 2024

Bus Strat Dev

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show abstract

“…In our study, labor earns an average of €43 per month, which is less than the minimum wage of the country, €64.3. However, it is imperative to state that there is no law binding the compulsory obligation of this minimum wage by the private sector; thus, it is not considered illegal to pay less than the minimum wage [ 27 ].…”

Section: Discussionmentioning

confidence: 99%

“…The benefit-Cost Ratio (BCR) is the ratio of the present value of revenues to the present value of costs at a given discount rate (Equation (3) ) [ 27 ]. The ratio of BCR greater than one indicates a feasible project, and lower than one indicates a non-profitable project.…”

Section: Methodsmentioning

confidence: 99%

The economic viability of commercial-scale hydroponics: Nigeria as a case study

Folorunso¹,

Schmautz²,

Gebauer³

et al. 2023

Heliyon

Self Cite

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“…Fish farming is considered one of the fastest-growing animal-based food-producing sectors in Nigeria [ 1 , 2 ] as the country is currently ranked the world's largest producer of “African Catfish” by the Food and Agricultural Organization of the United Nations [ 3 , 4 ]. For a developing country, sustaining the fish farms is critical to improving its food security and achieving the United Nation's sustainable development goals No.…”

Section: Introductionmentioning

confidence: 99%

Using geophysics to guide the selection of suitable sites for establishing sustainable earthen fishponds in the Niger-Delta region of Nigeria

Emmanuel

Doro

Iserhien-Emekeme

et al. 2023

Heliyon

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Catfish farming: a sustainability study at Eriwe fish farming village in southwest Nigeria

Cited by 10 publications

References 20 publications

Aquaculture: A hidden goldmine for the rural poor—A cost–benefit analysis of fish farming for sustainable development and food security in Vihiga County, Kenya

Aquaculture: A hidden goldmine for the rural poor—A cost–benefit analysis of fish farming for sustainable development and food security in Vihiga County, Kenya

The economic viability of commercial-scale hydroponics: Nigeria as a case study

Using geophysics to guide the selection of suitable sites for establishing sustainable earthen fishponds in the Niger-Delta region of Nigeria

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