POVERTY STATUS OF FISH FARMING HOUSEHOLD IN AKURE SOUTH LOCAL GOVERNMENT AREA OF ONDO STATE

Student: Taiwo Femi Oluwalade
Supervisor: Dr Adeyose Emmanuel Akinbola
HOD: Prof Adelomo Bosede Sekumade
Department of Agricultural Economics
Agriculture
Adekunle Ajasin University, Akungba-Akoko, Ondo State

Abstract

The study examined poverty status of fish farming household in Akure South Local Government Area of Ondo State. The specific objectives were to describe the socio-economic characteristics of fish farmers in the study area; examine the poverty status of fish farmers in the study area; identify the factors affecting the poverty status of the fish farming households; examine the profitability of the fish farming households and examine the constraints faced by fish farmers in the study area. The sample size of 120 fish farmers were selected using multi-stage sampling technique. Data obtained from the study was analyzed using descriptive statistics, net farm income analysis, Forster- Greer-Thorbecke (FGT) and binary regression. The result revealed that percentage of male was higher among the fish farmers (73.0%), with a mean age of 44years. 33% of the respondents were married, the average household size of the respondents was 5 members. Most (88%) of the respondents had formal education and they had 6-15 years of farming experience (55%). Large number of the fish farmers (76%) purchased their fish seed from fish farms. Catfish stands out as the predominant species, constituting 88% of the total respondents. The result of the poverty status of respondents clearly showed that only 36 percent of the fish farmers were below the poverty line. Also, variables such as level of education, years of experience and income had a significant (p

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