ECONOMIC ANALYSIS OF CATFISH PRODUCTION AND ITS CONTRIBUTION TO HOUSEHOLD FOOD SECURITY IN FEDERAL CAPITAL TERRITORY, ABUJA, NIGERIA
Table Of Contents
<p> <b>TABLE OF CONTENTS </b></p><p><b>Content Page </b></p><p>Title Page…………………………………………………………………………………i </p><p>Declaration………………………………………………………………………............ii </p><p>Certification……………………………………………………………………..............iii </p><p>Dedication……………………………………………………………………………….iv </p><p>Acknowledgement……………………………………………………………………....v </p><p>Table of Contents……………………………………………………………………….vi </p><p>List of Tables……………………………………………………………………............ix </p><p>List of Figures……………………………………………………………………............x </p><p>List of Appendices………………………………………………………………………xi </p><p>Abstract………………………………………………………………………………...xii </p><p><b>
Chapter ONE
………………………………………………………………………..1</b> </p><p>INTRODUCTION……………………………………………………………………...1 </p><p>1.1 Background of the Study………………………………………………………..1 </p><p>1.2 Problem Statement………………………………………………………………3 </p><p>1.3 Objectives of the Study………………………………………………………….4 </p><p>1.4 Justification of the Study………………………………………………………..5 </p><p>1.5 Research Hypothesis…………………………………………………………….5 </p><p><b>Chapter TWO
……………………………………………………………………….6 </b></p><p>LITERATURE REVIEW……………………………………………………………...6 </p><p>2.1 An Overview of Fish Farming in Nigeria………………………………………..6 </p><p>2.2 Fisheries Management Systems in Nigeria ……………………………………..6 </p><p>2.3 Food and Agricultural Organization Sustainable Fisheries Development………7 </p><p>2.4 Importance of Fish Farming in the Nigerian economy ………………………….8 </p><p>2.5 Prospects and Potentials of Catfish Production in Nigeria …………………….10 </p><p>2.6 Constraints to Sustainable Fisheries Development in Nigeria ………………....12 </p><p>2.7 Environmental Impact of Fish Farming ………………………………………..13 </p><p>2.8 Definition and Types of Efficiency …………………………………………....15 </p><p>2.9 Concepts of Food Security …………………………………………………….21 </p><p>2.10 Rates of Food Insecurity ……………………………………………………....25</p><p> 2.11 World Summit on Food Security..................................................................26 </p><p>2.12 Effects of Food Insecurity and Measurements ………………………………..31 </p><p>2.13 Challenges to Achieving Food Security.........................................................32 </p><p>2.14 Review of Empirical Studies on Food Security Measurement Approaches Food Security Statuses ………………………………………………..................................................………...35 </p><p><b>Chapter THREE
……………………………………………………………....……..37 </b></p><p>METHODOLOGY……………………………………………………………...………37 </p><p>3.1 Description of the Study Area ………………………………………………….37 </p><p>3.2 Sampling Procedure and Sample Size.........................................................38 </p><p>3.3 Data Collection Techniques...........................................................................39 </p><p>3.4 Analytical Techniques....................................................................................40 </p><p><b>Chapter FOUR
…………………………………………………………………….46 </b></p><p>RESULTS AND DISCUSSION……………………………………………………...46 </p><p>4.1 Socio-Economic Characteristics of the Farmers ………………………...….46 </p><p>4.2 Profitability Analysis of Catfish Farming ……………………………...............49 </p><p>4.3 Stochastic Frontier Analysis ……………………………………………………51 </p><p>4.4 Impact of Catfish Production on Food Security Status of Farmers ………59 </p><p>4.5 Constraints to Catfish Production ……………………………………………...62 </p><p><b>Chapter FIVE
……………………………………………………………………...64 </b></p><p>SUMMARY, CONCLUSION AND RECOMMENDATIONS……………………64 </p><p>5.1 Summary………………………………………………………………………..64</p><p> 5.2 Conclusion……………………………………………………………………...66 </p><p>5.3 Recommendations......................................................................................66 </p><p>5.4 Contribution of the Study to Knowledge……………………………………...67</p><p> REFERENCES…………………………………………………………………..…68 </p>Project 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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