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PROFITABILITY ANALYSIS OF THE AQUACULTURE VALUE CHAIN IN ARGUNGU LOCAL GOVERNMENT AREA OF KEBBI STATE, NIGERIA

Author(s): Ebojei, C.O.; Madugu, A.S and Malomo, G.A.

Volume/Issue: Volume 5 , Issue 2(2025)

ABSTRACT:

The study examined the profitability of the aquaculture value chain in Argungu Local Government Areas of Kebbi State, Nigeria. It specifically described the socioeconomics of the actors along the value chain, determined the profitability of the enterprise along the value chain, and identified the constraints faced by actors along the chain. Data were collected randomly from 50 actors each along the value chain. Descriptive statistics and the Net Farm Income were for the data analysis. The results show that the fish producers along the value chain were more educated and had less family size compared to the processors and marketers. The women were more into the marketing aspect of the chain than the production and processing aspects. It was discovered that the production aspect of the chain was the most profitable with a profit margin of N551,270 per production cycle of 5 months. The major constraint highlighted by all the players in the value chain was the inadequacy of funds/credit facilities to support and expand their businesses. The study recommended that for both state and federal governments to have revolving credit facilities situated at the headquarters of the LGA.

KEYWORDS:

Profitability, constraint, aquaculture value chain,