COST RETURNS OF ON CLUPEIODS FISHERY RESOURCES IN RIVER STATE, NIGERIA

Tanko Abdallah Alhaji
2012 Zenodo  
The increased demand for fish in Nigeria compelled the artisanal fishery sector to aggressively seek for fishing inputs that will enhance their output. The study aimed at evaluating the economic viability of the Ghana boat in artisanal fishery of the Rivers state, Nigeria. Primary data was obtained from a five-stage purposive sampling procedure, various fishing communities' showed preferences for alternative Craft, with reference to its adoptability to enhance high yield. Ghana boat in the
more » ... na boat in the study areas significantly increased fish production (P>0.05). Whereas the popular motorized and non-motorized smaller Crafts, gradually being substituted by Ghana boat. Application of Marginal Costing technique examined the cost and earnings of Ghana boat in some fishing communities in Rivers State of the Niger Delta. The result indicated that to own a Ghana boat requires, an initial investment of =N=2,100.00 (craft and gear), operational cost of =N=60,000 and yielded margin of =N=40,000 per trip from an average sales. Returns are especially sensitive to changes in market values, fuel/lubricants and natural constraints. The results of cost-profit analysis depend on opportunity to fishers by adopting the optimum strategy, earnings; per fishing trip are shared depending on the individual arrangement among fisher folks in Rivers State, Nigeria
doi:10.5281/zenodo.3526481 fatcat:y4ndlu6rdzdlzm4wi2adabmxrm