ESTIMATING PROFIT EFFICIENCY AND PROFITABILITY OF SMALL-SCALE FISHING IN HADEJIA-JAMA'ARE KOMADUGU-YOBE BASIN, NORTHEAST NIGERIA
- Capture fisheries, fish production, profitability, Northeast, stochastic profit frontier model
This study evaluated profit efficiency and profitability of small-scale fishers in Hadejia-Jama'are Komadugu-Yobe Basin, Northeast, Nigeria by explicitly computing fishers’ profit efficiency level, identifying the sources of profit inefficiency and profitability of the enterprise. A total of 200 fishers were sampled through a multi-stage random sampling procedure. Primary data which were obtained through administration of structured questionnaire were used for this study. Data obtained were subjected to stochastic profit frontier model to estimate profit efficiency level and identify the determinants of profit inefficiency. The mean profit efficiency level was 81.0%. Furthermore, age, household size and membership of cooperative society increase the inefficiency level while experience decreases the inefficiency level. Most severe constraints were lack of preservatives/storage (4.22) and inadequate finance (4.09). The study concluded that fishers profit efficiency can be improved in the study area with provision of modern storage and preservative facilities. It is therefore recommended that modern, intermediate-technology fishing equipment should be made available to fisher with flexible repayment plan.