The profitability analysis of artisanal fishing in Asa River of Kwara state, Nigeria

Abstract

This study investigated the profitability of artisanal fishing in river Asa in Asa Local Government Area of Kwara State, Nigeria. A total of 80 respondents were randomly selected for the study. Data were collected by the use of structured set of questionnaires. Three research questions guided the study. Results of profitability analysis showed that an average fisherman makes a Gross Margin of ₦52883.99/fisherman/month. The problems of artisanal fishing included lack of storages facilities, lack of government support and seasonal change in the volume of the river. The study recommends among others; fishermen should be given adequate training and the required assistance on modern fishing techniques and use of modern fishing equipment to ensure sustainability. There is also the need to organise the farmers into cooperatives to enable them have better access to government programmes and credits. It is also recommended that the government should build mini cold rooms with good storage facilities to help the fishermen overcome the problem of fish spoilage which reduces the quality of their products.

Keywords

• Artisanal fishing
• Gross margin
• Asa River
• Fishermen
• Kwara state