Preliminary economic evaluation of 10 metre (LOA) shallow draft vessel in daily fishery, off Imo River, Cross River State

Scientists from the Institute with the collaboration of Food and Agricultural Organisation (FAO), Rome designed and built a 10-m (LOA) shallow draft vessel. The prototype vessel was tried at Uta-Ewa, Ikot Abasi, Cross River State. The paper deals with the preliminary economic analysis of the performance of prototype vessel. An analysis of the annual return has shown that 43.66% of the annual gross income was paid to labour; 15.91% was spent on repairs and replacements; 7.76% on fuel and lubricants; 24.38% on maintenance costs and the return of investment, 6.2%. This low return of investment is attributable to high percentage of labour costs as well as low fishing intensity

Artisanal canoe fishing industry of the Rivers State: its economic viability and investment potentials

Consequent upon the present national call in Nigeria for all to go back to agriculture including fishing, most retrenched workers and unemployed youths from the riverine areas are taking up fishing as a legitimate and gainful livelihood. To sustain this tempo and attract more investment, the economic viability of such projects must be known. This study is an attempt to document the profitability and investment potential of artisanal canoe fishing. Socio-economic information including catches, operational cost and returns were obtained through a personal interview questionnaire survey of 240 randomly selected artisanal canoe fishermen from Bonny, Brass and Degema Local Government Areas (LGA) of the State and analyzed. With an investment cost of about 8,135, 8,490 and 6,571 and operation cost of 750, 776 and 627, the analysis showed an average monthly gross income of 1,869, 3,221 and 1,775 for the three local government areas respectively. A benefit-cost-ratio of 1:8, net present value of 400, 603 and internal rate of return greater than 50% were obtained. Since capital invested in fisheries is not tied up for long before benefits start flowing, coupled with the high IRR, it is concluded that artisanal canoe fishing would be an economically viable venture if well managed

An evaluation of the artisanal fisheries resources of the Cross River State of Nigeria

The Cross River State (Nigeria) marine and freshwater artisanal capture fisheries are divided into 4 categories according to the type of resources being exploited. Schaefer's production model is applied to each of the fisheries to estimate the maximum sustainable yields (Ymax). The total potential yield for all the fisheries in natural waters is 178,650 tonnes/year. This potential is unlikely to be achieved as more fishermen are abandoning the occupation due to the scarcity of boats, outboard engines and nets. Even if the full potentials were realized the production would still be short of what the State should produce by about 30.5%. Investment opportunities which, if effected can help to narrow the gap between the available and the desired level of production are enumerated

Fish farming in Anambra State: economic criteria

The paper is based on the premise that an understanding of the role and potentials of fish farming entrepreneurs in terms of their activities and expectations would enhance fish production and productivity. To this end, the present paper investigates the activities of 24 fish farmers in Anambra State, Nigeria. Based on the fish farmers' experience, the paper presents fish farming investments, budgets and recommendations that could ensure fish farming development as a profitable business venture and at the same time ensure greater fish production in the country

Age and growth of Heterotis niloticus around Pategi in the middle River Niger, Kwara State

Biological studies of Heterotis niloticus were conducted for three years in the middle River Niger. Scales were found to be the most suitable structure in ageing Heterotis which was validated by length/histogram curve. Annual rings were found to be formed between March to June. Growth was rapid in the first two years and they reached sexual maturity at 2 years. The male grow longer while the female are bulkier. The length-weight relationship of male and female Heterotis did not differ significantly and the resulting equation for male was W = 1.25L super(2.5) and W = 1.6L super(2.7) for females respectively where W = weight (g) and L = total length. The total length to body scale relationship was found to be L = 14.3R super(2.6) where (R = oral radius of scale Heterotis growth was found to be allometric

Herbicidan control of water hyacinth at Ere, Ogun State: implications for fish production

A brief account is given of a pilot demonstration of the chemical control of water hyacinth (Eichhornia crassipes) at Ere (a channel) in Nigeria using the herbicide glyphosphate. Results suggest that there was an increase in the nutrient content of the channel after herbicide application. This implied an upsurge of available food for fish and other aquatic organisms within the channel after the herbicide application. The decaying water hyacinth mass which sinks into the medium is likely to boost nutrient content, promoting the growth of fish and other aquatic animals. It is concluded that herbicidal control of water hyacinth is possible, especially under specialists' management with the conservation of fish and other non-target aquatic organisms alongside improved fish production

Practical suggestions for the commercialisation of fishery production in Ondo State

The paper examines the fisheries resources and activities in Ondo State, Nigeria. As a result of the geographical advantage via location along the Atlantic coast the potentials and constraints of coastal artisanal fisheries in Ondo State are assessed. Practical suggestions and approaches for a successful commercialisation of fishery production are given. These include: (a) Identification of useful and reliable fisheries institutions, (b) Inauguration establishment and coordination of a fishery development agency, (c) establishment of aquaculture technology centres (ATC), (d) provision of fishery development fund, (e) Standardisation of fishery consultancy units, etc