ISSN: 2150-3508
+44 1478 350008
Sodeeq E
Nigeria
Research Article
Price Modulation Policy of Federal Government of Nigeria: Effects on Fish Production
Author(s): Ayeloja AA, George F, Sodeeq E and Adebisi GL
Ayeloja AA, George F, Sodeeq E and Adebisi GL
The study investigated the effect of price modulation policy of Federal Government of Nigeria on fish production in Oyo State, South West Nigeria. A multistage sampling technique was used to select 150 respondents from 9 wards within Oyo State using well-structured questionnaire to obtain information on socio-economic characteristics of the respondents, types of fish cultured and the impact of price modulation policy on profitability of fish production. Data were analyzed using descriptive statistics, regression and t-test analysis. There is influx of young men (57.5%) in fish production in the study area with 95% of them having between 1-5 years of experience. Clarias spp is the most cultured fish species in the study area and cost per kg of fish produced after price modulation had a negative and significant (p<0.05) effect on profitability of fish production during the p.. View More»
DOI:
10.4172/2150-3508.1000188