Abstract

This study examined the economic analysis of fish farming on farmers household income in Ogun state. A multistage sampling procedure was used to obtain the sample size for this study. A sample size of 150 fish farmers was used. Data obtained were analysed using descriptive statistics, Tobit regression model and Net farm income analysis. The results show that both genders were involved in fish farming, and they were within their productive age (41-50years). The majority were married (66.7%) and educated (40.0%) with relatively large households. Most (66.7%) of the farmers rely on loans to finance their operations. The study further revealed that BCR was greater than 1, which is an indication that fish farming is very profitable in the study area. Factors such as size of ponds, number of ponds owned, fish feed, initial capital investment, and labour were significant factors influencing the intensity of fish farming. The study concluded that fish farming is a profitable business and recommends measures to enhance productivity, improve access to capital, and strengthen market linkages to further boost the profitability of fish farming in Ogun State.

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