Information Communication Technologies Utilization and Profitability of Catfish Farming in Ijebu-Ode Zone of the Agricultural Development Programme, Ogun State
AbstractThe effect of information communication technologies utilization on profitability was examined among 120 catfish farmers drawn through a multistage sampling procedure. Data were elicited with the aid of a structured questionnaire, analysed using percentages, budgetary technique and multiple regression model. Agricultural media information sources utilized by the farmers include mobile phone (79.2%), television (76.7%) and radio (68.3%). The result revealed that ?592,448.90 was expended as cost per annum on fish production with ?970,700.54 as revenue and a gross margin of ?438,880.28 among ICT users while for non-ICT users ?652,067.47, ?1,026,428.66 and ?427,337.41 were obtained as total cost, revenue and gross margin respectively. A value of 0.64 realized on the investment among ICT users implies that for every ?1 invested in catfish farming, ?1.64 is gotten as returns, leaving a profit of ?0.64 while a profit of ?0.57 is realized among non-ICT users. The factors that determine the profitability of catfish farming include household size (10%), input cost (1%) and television usage (5%) as agricultural media information source. Catfish farmers who utilized ICT have a higher profit level than non-users. Efforts and policies that will promote the farmers’ timely availability and accessibility of agricultural information, particularly through television is recommended.
Benard, R., Dulle, F. and Lamtane, H. (2018). The influence of ICT usage in sharing information on fish farming productivity in the Southern Highlands of Tanzania. The International Journal of Science & Technoledge 6(2): 56-67.
Jangampalli, A. D. (2019). Aquaculture role in global food security with nutritional value: a review. Transnational Animal Science 3: 903-910.
Kaleem, O. and Sabi, A. F. B. S. (2021). Overview of aquaculture systems in Egypt and Nigeria, prospects, potentials, and constraints. Aquaculture and Fisheries 6: 535-547.
Kondra, I. (2020). “Use of IT in Higher Education”. UGC Care Journal. India: Studies in IndianPlace Names. 40: 280.
Oke, F. O., Olorunsogo, G. and Akerele, D. (2021). Impact of information communication technology (ICT) and mass media usage on technical efficiency of fish farming in Ogun State, Nigeria. Journal of Agribusiness and Rural Development 60: 143-150.
Omotesho, K. F., Akinrinde, F. A., Adenike, A. J. and Awoyemi, A. O. (2019). Analysis of the use of information communication technologies in fish farming in Kwara State, Nigeria. Journal of Agribusiness and Rural Development 54(4): 327–334.
How to Cite
Copyright (c) 2022 Folasade Olukemi Oke; Aisha Olushola Arowolo (Translator); Gaius Oluwafemi Olorunsogo, Dare Akerele
This work is licensed under a Creative Commons Attribution-NonCommercial-NoDerivatives 4.0 International License.