In:
Journal of Agricultural Extension, African Journals Online (AJOL), Vol. 26, No. 2 ( 2022-05-18), p. 53-60
Abstract:
The effect of information communication technologies utilization on profitability was examined among 120 catfish farmers drawn through a multistage sampling procedure. Data were elicited with the aid of a structured questionnaire, analysed using percentages, budgetary technique and multiple regression model. Agricultural media information sources utilized by the farmers include mobile phone (79.2%), television (76.7%) and radio (68.3%). The result revealed that ₦592,448.90 was expended as cost per annum on fish production with ₦970,700.54 as revenue and a gross margin of ₦438,880.28 among ICT users while for non-ICT users ₦652,067.47, ₦1,026,428.66 and ₦427,337.41 were obtained as total cost, revenue and gross margin respectively. A value of 0.64 realized on the investment among ICT users implies that for every ₦1 invested in catfish farming, ₦1.64 is gotten as returns, leaving a profit of ₦0.64 while a profit of ₦0.57 is realized among non-ICT users. The factors that determine the profitability of catfish farming include household size (10%), input cost (1%) and television usage (5%) as agricultural media information source. Catfish farmers who utilized ICT have a higher profit level than non-users. Efforts and policies that will promote the farmers’ timely availability and accessibility of agricultural information, particularly through television is recommended.
Type of Medium:
Online Resource
ISSN:
2408-6851
,
1119-944X
Language:
Unknown
Publisher:
African Journals Online (AJOL)
Publication Date:
2022
detail.hit.zdb_id:
2641727-3
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