International Journal of Oceanography & Aquaculture (IJOAC)

ISSN: 2577-4050

Research Article

The Assessment of Fixed Capital Asset-Based Capacity of Fish Farm in Nigeria

Authors: Zanna B* and Musa M

DOI: 10.23880/ijoac-16000275

Abstract

The study area of the research work was Jere and Konduga Local Government Area of Borno State, North East Zone, Nigeria. An area that met the environmental requirement for fish farming which have significantly contributed to the development of fish production in the country, Nigeria. The study concerned with the assessment of fixed capital asset-based capacity of fish farm in the study area. Data for the study was collected within the period of thirty-one (31) days from 14th March, to 13th April 2023 through a questionnaire with informal discussion with the fish farmers. Information were also solicited from farmers book of accounts and other organizational official records were used. Thus, both primary and secondary sources of data were employed. The result of the study showed that fixed capital asset-based capacity of concrete fish farm in the study area was below average. Recommendation were made to create an avenue for the fish farmers in the study area to access fixed capital asset adequately for the improvement of fish farm asset-based capacity to expand operation for higher output.

Keywords: Asset; Capacity; Fixed Capital; Fish Farm

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