– The purpose of this paper is to examine the socioeconomic determinants of profitability of fresh fish marketing in Ogun State, Nigeria.
The purpose of this paper is to examine the socioeconomic determinants of profitability of fresh fish marketing in Ogun State, Nigeria.
The study was a cross-sectional survey of 120 fresh fish marketers selected randomly from four major fish markets in Ado-Odo Local Government area of Ogun State, Nigeria. Data were collected using structured questionnaire which was designed to solicit information on the marketers’ socioeconomic and marketing characteristics, operating costs and returns, and problems associated with fish marketing in the study area. A combination of descriptive statistics, marketing margin, budgetary and ordinary least square regression analyses were employed to analyze the study data.
The study showed that female (85.8 percent) dominated fresh fish marketing. The percent marketing margin of fresh fish was 34.55 percent. The percent marketing investment of 20,906.03, 20,453 per month and 1.43 were realized, respectively. The result of the regression analysis revealed that profit from fresh fish was significantly determined by education, proportion of household members involved in fresh fish marketing, marketers experience, capital, number of sales outlet and purchase price.
The findings was based on information supplied by the fresh fish marketers in the study area based on the authors memory recall since most of the respondents do not have diary where records of activities were kept before the survey.
This study contributes to the existing literature in fish marketing and will provide empirical information to policy makers in the formulation of appropriate policies. It will also serve as a guide to practicing and prospective fresh fish marketers and to researchers who may investigate further into the subject matter.
The social implications from the findings on the return on investment of 1.43 implies that for every one naira invested by fresh fish marketers, a return of 1.43 and a profit of 0.43 were obtained. The study concludes that fresh fish marketing is an economically rewarding and profitable venture in the study area. It also recommends the need to provide credit facilities to finance storage facilities of this group of marketers.
The study is original in nature and revealed the economic status of fresh fish marketing in Ogun State, Nigeria.
– The purpose of this paper is to empirically analyze the determinants of arable crop farmers’ awareness to causes and effects of climate change in south western Nigeria.
The purpose of this paper is to empirically analyze the determinants of arable crop farmers’ awareness to causes and effects of climate change in south western Nigeria.
Using primary data, 150 arable crop farmers in Ogun State were selected through a multi stage sampling technique. Survey method was used to elicit information on farmers’ socioeconomic, production characteristics, and their level of awareness to causes and effects of climate change. The data collected were analyzed using descriptive statistics, environmental awareness index (EAI), and Tobit regression analysis.
Most (81.08 percent) of the arable crop farmers were males with an average household size of eight persons, farming experience of 24 years and farm size of approximately 1 ha. The computed climate change EAI showed that only 47 percent of the respondents were aware of causes of climate change, while 68 percent were aware of its effects. Results further revealed that age, income from secondary occupation (p < 0.10), marital status, household size (p < 0.05), years of farming experience, frequency of extension contact, land size in hectare, and farm revenue (p < 0.01) were the determinants of respondents awareness to causes and effects of climate change.
The study recommended among others that, awareness should be created among arable crop farmers on climate change causes and effects for appropriate mitigation actions to be taken for improved agricultural productivity.
The study provided new empirical evidence on the awareness level of respondents to causes and effects of climate change on their production activities and livelihood in general. Implications for policy will be to provide a public education program that will target females, the poor, the illiterate, and the people in the economically active age group among others in order to create awareness and provide information and adequate knowledge on the causes and effects of climate change for proper mitigation and adaptation options.