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Fish Trading: A Tool for Socio-economic Enhancement and Poverty Alleviation
Abstract
A study was conducted in Abeokuta, the Ogun state capital with the objective to investigate if fish trahng could be a tool of poverty alleviation and socio-economic enhancement of the status of women in the household. A total of 120 correctly completed, structured and pre-tested questionnaires, out of the 150 administered to respondents, were retrieved for data analyses. Demographic data of the traders showed that all the respondents were women whose ages ranged from 15 to above 45 years. The ages of 33-45 years constituted 33.3% of the respondents while the age bracket of between 27-32 years constituted 23.3%. Majority (73.3%) were married while 25% were single-headed households (divorced or widowed). The study revealed that most of the respondents (approximately 61%) were able to meet their family expenditure jointly with their spouses while 28.3% of the respondents met the financial responsibilities of their families solely from the profit. Access to creht was found to be a major limitation. The study further revealed that 86.7% of the respondents would like to continue with the business because they were satisfied with the profit accruable to them from the trade.
... Background of the study Fishery in agriculture occupies a very significant position in the primary sector providing employment for over a million people and contributing about 50% of animal protein intake of the Nigerian population, particularly the resource poor (Agbon et al;2012). Fish, as a food item which has been recognized to contribute greatly to the dietary needs of Nigerians (Etuk, 2010). ...
... Background of the study Fishery in agriculture occupies a very significant position in the primary sector providing employment for over a million people and contributing about 50% of animal protein intake of the Nigerian population, particularly the resource poor (Agbon et al;2012). Fish, as a food item which has been recognized to contribute greatly to the dietary needs of Nigerians (Etuk, 2010). ...
This study compares the profitability of dried fish marketing in Surulere and Ogbomoso South Local Government Areas of Oyo State. It specifically described the socio-economic characteristics of the respondents, identified activities involved in catfish marketing and estimate the cost and return of catfish marketing in the study area. It identifies the factors affecting the quality and quantity of catfish marketed and problem encountered by catfish marketers in the study area. Primary data collected were analyzed using both descriptive and inferential statistical tools from one hundred and twenty (120) respondents through personal interview schedule. The results from the finding revealed that majority of the respondents in study areas (Surulere and Ogbomoso south) were female which accounted for about 65.6% and 76.3% respectively. The age distribution of the dried fish marketers was within the range of 31-40 years which has the highest number of dried fish marketers in the study areas. In the two LGAs, 60.7% and 62.7% of the respondents were married respectively. More than average (54.1% and 61.0%) respondents had secondary education in Surulere and Ogbomoso South respectively. Their primary occupation is farming with a percentage of 86.9% and 89.8% respectively. In conclusion, dried fish marketing was found to be profitable with a gross margin of ?28293.59 and ?41666.82 respectively. The study confirmed a relative difference of benefit - cost ratio of 1.30 in Surulere and 1.35 in Ogbomoso-South local government area. The major constraints faced by dried fish marketers was poor access to market. Price stabilization and access to credit should be given priorities so as to minimize the risk associated with dried fish marketing in the study area.
... This is the combination of the univariate probit model and the truncated regression model as stated earlier. Gender of the respondents Dummy: 1 = male and 0, otherwise ± X 3 Numbers of years spent in school Continuous: Measured in years + X 4 Household size Continuous: Number of family members -X 5 Access to credit Dummy: 1 = access and 0, otherwise + X 6 Purpose of processing fish Dummy: 1 = commercial fish and 0, otherwise ± X 7 Age of the respondents Continuous: Measured in years ± X 8 Fish processing experience Continuous: Measured in years + X 9 Perceived price of fish Dummy: High = 1 and 0 = low + X 10 Access to extension service Dummy: 1 = access and 0, otherwise + X 11 Membership of the cooperative society Dummy: 1 = Yes and 0, otherwise ± X 12 Perceived cost of improved equipment Dummy: 1 = High and 0, otherwise - Source: Author, 2019. If x, α = 1, it means no zero adoption and then we have a Tobit model, which estimates the rate of adoption. ...
... Nearly 18.52% of the processors had access to credit in the area, out of which 29.27% and 11.94% were adopters and non-adopters respectively. Despite low access to credit, there was a significant difference between adopters and non-adopters in accessing credit in the area, and this study shared the view of Agbon et al. [4] who reported that access to credit is a key limitation in fish processing business. It was revealed that the majority of the adopters and non-adopters with 87.80% and 86.57% respectively processed fish for commercial purposes, while the perceived high price of fish motivated many of the adopters than non-adopters to go into the business with 70.73% and 37.31% respectively. ...
The study examined the adoption of improved technologies and profitability of fish processors in Ondo State, Nigeria. A multistage random sampling procedure was used to select 108 respondents using a well-structured questionnaire. Descriptive statistics, budgetary technique, and double-hurdle regression were used for the analysis of data collected. The study revealed that 37.96% of the respondents adopt (adopters) the improved technologies, while many (62.04%) of the respondents did not adopt (non-adopters). This implied that many of them still depend on the traditional methods of processing fish. The results of the budgetary analysis revealed that fish processing is a viable and profitable enterprise that is capable to yield at least 30kobo gain for every one naira expended. Despite the profitability of the business, adopters accrued more profits than the non-adopters and they minimize costs by 7%. The results of the double-hurdle model showed that profit, education , household size, experience, perceived fish price, extension services, and perceived cost of equipment were the main factors that influence the decision to adopt and the rate of adopting improved fish processing technologies in the area. Therefore, any policy that will increase the profitability of the fish processing business should be encouraged by the government so that the processors would be willing to adopt and also intensify the rate of adopting improved technologies in the area.
"Today, in sub-Saharan Africa, one out of every two people (49%) lives on less than $1 a day (World Bank 2004a). While in other regions chronic hunger is receding, in sub-Saharan Africa malnutrition is still rising in both absolute and relative terms. More than one third (34%) of the sub-Saharan African population is undernourished (FAO 2003) an increase of 9 million since the 1996 World Food Summit with dramatic and sometimes irreversible consequences on the physical, social and economic development of the communities concerned. Between 15000 and 20000. African women die each year (41-55 every day) due to severe iron-deficiency anemia. Vitamin A deficiency in children is common across the whole continent, contributing to the deaths of more than half a million African children annually (UNICEF 2004)."
A turnaround in U.S. seafood marketing occurred in the late 1980's. Per capita consumption declined following 1987 and prices weakened. Worsening market conditions led the Southeast and Northeast Regional Aquaculture Centers to undertake market studies. This study's early-1988 “baseline” results correspond within a few months of the peaking of consumer seafood demand in 1987. Cluster analysis characterized 5 distinct consumer profiles. The two most favorable profiles toward seafood were differentiated by alternative views of fish pricing: one group found fish inexpensive, the other, expensive. Another profile was identified by its dislike of sensory characteristics such as “boniness” and difficulty of preparation. The broad characterization that fish were nutritious and healthy was shared by 4 of the 5 consumer profiles, and represents a major marketing advantage for aquaculture producers. Frequent purchase behavior was shown to be critically important to sales of seafood, both for at-home and restaurant consumption. Patterns of frequent purchase differed by inland versus coastal regions. Logit regression analysis suggested that aquaculturalists target specific consumer profiles by recognizing unique characteristics of consumers, including income level, family size and presence of children, seasonality preferences, and other demographic factors. Consumer concerns about availability of fish and seafood indicate that supplying multiple species would likely be a marketing advantage. The study suggests that aquaculture firms will increasingly need to offset the widespread perception that fish have become “expensive” by highlighting nutritional value and other value-added attributes such as freshness, availability and quality.