Structure and Performance of Catfish Market in Ibadan Metropolis, Oyo State, Nigeria

Irhivben Bright.O, Enyioko Oluwakemi, Oluwafemi Zacchaeus, Yusuf Sulaiman.A

Abstract: This study examines the structure, conduct and performance of catfish marketing in Oyo State, Nigeria.  A cross sectional data used for this study were collected from 60 catfish sellers with the aid of a structured questionnaire. Data were analyzed using descriptive statistics, gross-margin analysis and marketing efficiency measures. One measure of market concentration; the Gini coefficient was employed in measuring the market concentration structure of the catfish market. Results revealed that though catfish business is highly profitable, the market is perfectly non-competitive in Oyo state. It is therefore recommended that soft loans should be given to the marketers to be able to buy the required quantity whose cost is cheap and affordable to would be buyers and consumers.

Keywords: Catfish market; Structure; Performance; Gini co-efficient; perfectly non-competitive.

Title: Structure and Performance of Catfish Market in Ibadan Metropolis, Oyo State, Nigeria

Author: Irhivben Bright.O, Enyioko Oluwakemi, Oluwafemi Zacchaeus, Yusuf Sulaiman.A

International Journal of Social Science and Humanities Research

ISSN 2348-3156 (Print), ISSN 2348-3164 (online)

Research Publish Journals

Vol. 3, Issue 3, July 2015 – September 2015

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Structure and Performance of Catfish Market in Ibadan Metropolis, Oyo State, Nigeria by Irhivben Bright.O, Enyioko Oluwakemi, Oluwafemi Zacchaeus, Yusuf Sulaiman.A