Comparative Evaluation of Economic Benefits of Earthen Fish Ponds and Concrete Tanks in Aquaculture Enterprises in Oyo State, Nigeria

Abstract

The study focused on the comparative evaluation of economic benefits of earthen fish ponds and concrete tanks in aquaculture enterprises in Ibadan, Oyo state. Primary data were collected with the aid of structured interview schedule, administered through personal interviews and observations to elicit information from 100 fish farmers using purposive and convenience sampling procedure. Data collected were analyzed using descriptive, budgetary and inferential statistics. The study revealed that the mean age, male, married, household size, educated and fish farming experience were 41 years, 83.0%, 87.0%, 5 persons, 96.0% and 8 years, respectively. Earthen fish ponds users earned mean revenue of N3,322,189.85 with gross margin of N2,188,397.89 while concrete tank users earned N2,412,271.08 with gross margin of N1,413,299.46. The results showed profitability indices (0.61 and 0.47), Variable Cost ratio (0.35 and 0.30), Benefit Cost Ratio (2.55 and 1.89), Gross ratio (0.40 and 0.54) and Expenses structure ratio (0.13 and 0.23) for both the earthen ponds and concrete fish tanks, respectively. There were significant differences (t = 42.53, p≤0.05) between the profit level of earthen fish ponds and concrete tanks. Major constraints affecting economic status of the respondents were high cost of quality feed, insufficient funds, poaching and poor marketing channel. In conclusion, aquaculture is a more profitable and viable business regardless of the culture system. Government should assist the fish farmers by subsidizing feeds cost, granting and monitoring of loan.

Small-scale fisheries in the context of traditional post-harvest practice and the quest for food and nutritional security in Nigeria

“…Fish processors could also be exposed to smoke particles that contain potential or confirmed carcinogens such as PAHs. Milder forms of occupational hazards linked to fish processing include sting from fish spines, minor cuts, and scrapes [45]. Overall, poor socio-economic status, poor nutrition, exposure to other sources of indoor air pollutants such as mosquito coils and kerosene lamps, and risk of injuries, combined with poor access to sanitation and healthcare facilities, increase risks of developing health hazards linked to fish smoking [45].…”

“…The supply of fuel wood is characterized by scarcity, rendering it costly for fish smoking [46]. The practice is also time-consuming and considered wasteful due to the small quantities of fish that are smoked at a time [45]. Exploitation and consumption of firewood for fish drying and other uses is a contributory factor to continued deforestation in the country, particularly in the arid Northern region where this practice is contributing to desertification [47].…”

Uma Revisão Da Literatura Brasileira Sobre Os Métodos De Custeio Aplicados À Piscicultura No Brasil

“…(Loose et al, 2014). É reconhecido que os gastos relativos à alimentação (ração) são aqueles que tem a maior participação no custo total do cultivo de peixes (consulte Koçak e Tatlidil ( 2004), Olaoye et al (2014),…”

Socioeconomic correlates of catfish production status in Ido Local Government Area of Oyo State, Nigeria

“…This indicates the dominance of men involvement in agriculture and in particular fish farming. This could be due to the fact that fish farming requires acquisition of fixed assets/ high level of investment, constant supervision and monitoring, adoption of new technology as opined by Brummett et al (2010), Olaoye et al (2014) and Kumar et al (2018). Furthermore, women's role in aquaculture is not widely acknowledged due to the fact of being at home most of the time, which eventually made their involvement in fish farming to be viewed as an extension of domestic activities and as such are not recognised and rewarded as opined by Ndanga et al (2013).…”