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ASSESSING THE STRATEGIC WAYS OF DEVELOPING FISH FARMING AND ITS ECONOMIC VALUE IN AKWA IBOM STATE
ABSTRACT
This study assessed the
strategic ways of developing fish farming and its economic value in Akwa Ibom
State. In carrying out the study, descriptive survey
design was adopted. The study was carried out in Akwa Ibom State. The targeted
population for the study comprised of all fish farmers in Akwa Ibom State. A
simple random sampling technique was used to select a total of 120 fish
farmers, which formed the sample size for this study. The instrument used for
data collection was a structured questionnaire titled “Developing Fish Farming
and Its Economic Value in Akwa Ibom
State Questionnaire (DFFEVAISQ)”. Face and content validation of the instrument
was carried out by an expert in test, measurement, and evaluation in order to
ensure that the instrument has the accuracy, appropriateness, and completeness
for the study under consideration. The reliability coefficient obtained was
0.88, and this was high enough to justify the use of the instrument. The researcher
subjected the data generated for this study to appropriate statistical
technique such descriptive statistics to answer research questions. The study
showed that the highest percentage (30.83%) of the value of Fish Farming was
recorded for “Employment Creation”. It also showed that the highest percentage
(27.50%) of the strategic ways of developing fish farming was recorded for
“Government Policy and Institutional Support”. On this basis the study concluded that strengthening the fish farming
sector would enhance national income, reduce pressure on wild fisheries, and
provide sustainable livelihoods to rural and urban communities. It also
recommended that the government should provide subsidies for fish feed,
fingerlings, and essential aquaculture materials to encourage large-scale fish
farming and reduce production costs.
KEYWORDS: Fish Farming,
Economic Value and Akwa Ibom State
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