Economic Assessment of Integrated Fish Farming (Fish-Rice-Piggery) in Sierra Leone

Olapade Olufemi Julius; Alimamy Turay; Momoh Rashid Raymond

doi:doi:10.11648/j.aff.20150403.12

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Economic Assessment of Integrated Fish Farming (Fish-Rice-Piggery) in Sierra Leone

Olapade Olufemi Julius, Alimamy Turay, Momoh Rashid Raymond

Published in Agriculture, Forestry and Fisheries (Volume 4, Issue 3)

Received: 1 April 2015 Accepted: 12 April 2015 Published: 23 April 2015

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Abstract

The present study evaluates the profitability and environmental effect of integrated fish cum rice and piggery production at Njala University, Sierra Leone. The research carried out between June and November, 2014 consists of the pigsty (2.5m × 11m), a maggoty and integrated pond (395.2m2) sown with 0.94kg NERICA 19 rice at spacing of 20cm inter - rows and 5cm intra - rows. The pond was stocked with Clarias gariepinus juveniles (mean weight 25.6± 1.78g) at the density of 4.8fish per m2.Water quality parameters viz., temperature, pH, Dissolved oxygen, NO3-N, NH3/NH4, hardness and alkalinity were determined in the pond and were found to be within the recommended range for the culture of tropical fish. Economic analysis of the adaptive research gave a negative incremental benefit and Net Present Value (NPV) in both the first and second year of production. The sensitivity analysis evaluation shows that the enterprise is fairly sensitive to price fluctuation (-46.02%) and highly sensitive to survival rate of the fish and the scale of production of the pigs. Increasing scale of production and selling at market price will greatly enhance profitability and short term payback of costs.

Published in	Agriculture, Forestry and Fisheries (Volume 4, Issue 3)
DOI	10.11648/j.aff.20150403.12
Page(s)	87-94
Creative Commons	This is an Open Access article, distributed under the terms of the Creative Commons Attribution 4.0 International License (http://creativecommons.org/licenses/by/4.0/), which permits unrestricted use, distribution and reproduction in any medium or format, provided the original work is properly cited.
Copyright	Copyright © The Author(s), 2015. Published by Science Publishing Group

Keywords

Profitability, Integrated Aquaculture, Water Quality, Njala University, Sierra Leone

References

[1]	World Health Organization, Malnutrition the global picture 2000 http://www.who.org.nut.welcome.htm
[2]	A.G.J. Tacon, A.G.J, Increasing the contribution of aquaculture for food security and poverty alleviation. In: R.P. Subashinghe, P. Bueno, M.J. Philips, C. Hough, S.E, McGladdery and J.R. Arthur, Eds. Aquaculture in the Third Millennium. Technical Proceedings of the conference on Aquaculture in the Third Millennium, Bangkok, Thailand, 20 – 25 February 2000. Pp. 63 – 72. NACA, Bangkok and FAO, Rome 2001.
[3]	A. Verhulst, Lessons from field experiences in the development of monogastric animal production. In: Mack, S. (Ed.), Strategies for sustainable animal agriculture in developing countries. Proceedings of the FAO expert consultation held in Rome, Italy, 10 – 14 December 1990. FAO Animal Production and Health Paper 107, 1993 pp. 261-271(http://www.fao.org/DOCREP/004/TO582E/TO582EOO.htm#TOC.
[4]	O. Amarasinghe, Some Economic Aspects of Integrated Livestock – Fish Farming in Sri Lanka. Integrated – Fish Production Systems: Proceedings of the FAO/IPT Workshop on Integrated Livestock – Fish Production Systems, 16 – 20 December 1991, Institute of Advanced Studies, Universities Malaya, Kuala Lumpur, Malaysia 1992 ISBN 983 – 9576 – 16 – X.
[5]	S. Levert, Sierra Leone (Cultures of the World). Cavendish Square Publishing, New York, USA. ISBN 13:978 – 0761423348, 2006 Pages: 144.
[6]	World Health Organization, www.who.int/water_sanitation.health/publicationns/facts2004/enindex.html. 2004 Downloaded February 2015.
[7]	B.O. Offem, Y. Akegbejo – Samson, I.T. Omoniyi, and G.U. Ikpi, Dynamics of the limnological features and diversity of zooplankton populations of the Cross River System SE Nigeria. Knowledge and Management of Aquatic Ecosystems, 2008, 393, 2 – 19.
[8]	A.A Adebisi, The physico-chemical hydrology of tropical seasonal river upper Ogun River. Hydrobiologia, 1981, 79, 157 – 165. http://dx.doi.org/10.1007/BF00006123.
[9]	W.A. Wurts and R.M. Durborow, Interactions of pH, Carbon Dioxide, Alkalinity and Hardness in Fish Ponds. SRAC Publication No. 464 December 1992 4p Retrieved April 12, 2015.
[10]	D. Chapman, Water Quality Assessment. A Guide to the use of Biota, Sediments and Water in Environmental Monitoring.1stEdn. Cambridge University Press, Cambridge, 1992 Pages 585.
[11]	R.C. Engle, Aquaculture Economics and Financing: Management and Analysis. Blackwell Publication. Iowa, USA (Electronic version) 2010.

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APA Style

Olapade Olufemi Julius, Alimamy Turay, Momoh Rashid Raymond. (2015). Economic Assessment of Integrated Fish Farming (Fish-Rice-Piggery) in Sierra Leone. Agriculture, Forestry and Fisheries, 4(3), 87-94. https://doi.org/10.11648/j.aff.20150403.12

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ACS Style

Olapade Olufemi Julius; Alimamy Turay; Momoh Rashid Raymond. Economic Assessment of Integrated Fish Farming (Fish-Rice-Piggery) in Sierra Leone. Agric. For. Fish. 2015, 4(3), 87-94. doi: 10.11648/j.aff.20150403.12

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AMA Style

Olapade Olufemi Julius, Alimamy Turay, Momoh Rashid Raymond. Economic Assessment of Integrated Fish Farming (Fish-Rice-Piggery) in Sierra Leone. Agric For Fish. 2015;4(3):87-94. doi: 10.11648/j.aff.20150403.12

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@article{10.11648/j.aff.20150403.12,
  author = {Olapade Olufemi Julius and Alimamy Turay and Momoh Rashid Raymond},
  title = {Economic Assessment of Integrated Fish Farming (Fish-Rice-Piggery) in Sierra Leone},
  journal = {Agriculture, Forestry and Fisheries},
  volume = {4},
  number = {3},
  pages = {87-94},
  doi = {10.11648/j.aff.20150403.12},
  url = {https://doi.org/10.11648/j.aff.20150403.12},
  eprint = {https://article.sciencepublishinggroup.com/pdf/10.11648.j.aff.20150403.12},
  abstract = {The present study evaluates the profitability and environmental effect of integrated fish cum rice and piggery production at Njala University, Sierra Leone. The research carried out between June and November, 2014 consists of the pigsty (2.5m × 11m), a maggoty and integrated pond (395.2m2) sown with 0.94kg NERICA 19 rice at spacing of 20cm inter - rows and 5cm intra - rows. The pond was stocked with Clarias gariepinus juveniles (mean weight 25.6± 1.78g) at the density of 4.8fish per m2.Water quality parameters viz., temperature, pH, Dissolved oxygen, NO3-N, NH3/NH4, hardness and alkalinity were determined in the pond and were found to be within the recommended range for the culture of tropical fish. Economic analysis of the adaptive research gave a negative incremental benefit and Net Present Value (NPV) in both the first and second year of production. The sensitivity analysis evaluation shows that the enterprise is fairly sensitive to price fluctuation (-46.02%) and highly sensitive to survival rate of the fish and the scale of production of the pigs. Increasing scale of production and selling at market price will greatly enhance profitability and short term payback of costs.},
 year = {2015}
}

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TY  - JOUR
T1  - Economic Assessment of Integrated Fish Farming (Fish-Rice-Piggery) in Sierra Leone
AU  - Olapade Olufemi Julius
AU  - Alimamy Turay
AU  - Momoh Rashid Raymond
Y1  - 2015/04/23
PY  - 2015
N1  - https://doi.org/10.11648/j.aff.20150403.12
DO  - 10.11648/j.aff.20150403.12
T2  - Agriculture, Forestry and Fisheries
JF  - Agriculture, Forestry and Fisheries
JO  - Agriculture, Forestry and Fisheries
SP  - 87
EP  - 94
PB  - Science Publishing Group
SN  - 2328-5648
UR  - https://doi.org/10.11648/j.aff.20150403.12
AB  - The present study evaluates the profitability and environmental effect of integrated fish cum rice and piggery production at Njala University, Sierra Leone. The research carried out between June and November, 2014 consists of the pigsty (2.5m × 11m), a maggoty and integrated pond (395.2m2) sown with 0.94kg NERICA 19 rice at spacing of 20cm inter - rows and 5cm intra - rows. The pond was stocked with Clarias gariepinus juveniles (mean weight 25.6± 1.78g) at the density of 4.8fish per m2.Water quality parameters viz., temperature, pH, Dissolved oxygen, NO3-N, NH3/NH4, hardness and alkalinity were determined in the pond and were found to be within the recommended range for the culture of tropical fish. Economic analysis of the adaptive research gave a negative incremental benefit and Net Present Value (NPV) in both the first and second year of production. The sensitivity analysis evaluation shows that the enterprise is fairly sensitive to price fluctuation (-46.02%) and highly sensitive to survival rate of the fish and the scale of production of the pigs. Increasing scale of production and selling at market price will greatly enhance profitability and short term payback of costs.
VL  - 4
IS  - 3
ER  -

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Author Information

Olapade Olufemi Julius

Department of Aquaculture and Fisheries Management - School of Forestry and Horticulture, Njala University, Njala, Sierra Leone
Alimamy Turay

Department of Aquaculture and Fisheries Management - School of Forestry and Horticulture, Njala University, Njala, Sierra Leone
Momoh Rashid Raymond

Department of Extension and Rural Sociology School of Agriculture, Njala University, Njala, Sierra Leone

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APA Style

Olapade Olufemi Julius, Alimamy Turay, Momoh Rashid Raymond. (2015). Economic Assessment of Integrated Fish Farming (Fish-Rice-Piggery) in Sierra Leone. Agriculture, Forestry and Fisheries, 4(3), 87-94. https://doi.org/10.11648/j.aff.20150403.12

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ACS Style

Olapade Olufemi Julius; Alimamy Turay; Momoh Rashid Raymond. Economic Assessment of Integrated Fish Farming (Fish-Rice-Piggery) in Sierra Leone. Agric. For. Fish. 2015, 4(3), 87-94. doi: 10.11648/j.aff.20150403.12

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AMA Style

Olapade Olufemi Julius, Alimamy Turay, Momoh Rashid Raymond. Economic Assessment of Integrated Fish Farming (Fish-Rice-Piggery) in Sierra Leone. Agric For Fish. 2015;4(3):87-94. doi: 10.11648/j.aff.20150403.12

Copy | Download

@article{10.11648/j.aff.20150403.12,
  author = {Olapade Olufemi Julius and Alimamy Turay and Momoh Rashid Raymond},
  title = {Economic Assessment of Integrated Fish Farming (Fish-Rice-Piggery) in Sierra Leone},
  journal = {Agriculture, Forestry and Fisheries},
  volume = {4},
  number = {3},
  pages = {87-94},
  doi = {10.11648/j.aff.20150403.12},
  url = {https://doi.org/10.11648/j.aff.20150403.12},
  eprint = {https://article.sciencepublishinggroup.com/pdf/10.11648.j.aff.20150403.12},
  abstract = {The present study evaluates the profitability and environmental effect of integrated fish cum rice and piggery production at Njala University, Sierra Leone. The research carried out between June and November, 2014 consists of the pigsty (2.5m × 11m), a maggoty and integrated pond (395.2m2) sown with 0.94kg NERICA 19 rice at spacing of 20cm inter - rows and 5cm intra - rows. The pond was stocked with Clarias gariepinus juveniles (mean weight 25.6± 1.78g) at the density of 4.8fish per m2.Water quality parameters viz., temperature, pH, Dissolved oxygen, NO3-N, NH3/NH4, hardness and alkalinity were determined in the pond and were found to be within the recommended range for the culture of tropical fish. Economic analysis of the adaptive research gave a negative incremental benefit and Net Present Value (NPV) in both the first and second year of production. The sensitivity analysis evaluation shows that the enterprise is fairly sensitive to price fluctuation (-46.02%) and highly sensitive to survival rate of the fish and the scale of production of the pigs. Increasing scale of production and selling at market price will greatly enhance profitability and short term payback of costs.},
 year = {2015}
}

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TY  - JOUR
T1  - Economic Assessment of Integrated Fish Farming (Fish-Rice-Piggery) in Sierra Leone
AU  - Olapade Olufemi Julius
AU  - Alimamy Turay
AU  - Momoh Rashid Raymond
Y1  - 2015/04/23
PY  - 2015
N1  - https://doi.org/10.11648/j.aff.20150403.12
DO  - 10.11648/j.aff.20150403.12
T2  - Agriculture, Forestry and Fisheries
JF  - Agriculture, Forestry and Fisheries
JO  - Agriculture, Forestry and Fisheries
SP  - 87
EP  - 94
PB  - Science Publishing Group
SN  - 2328-5648
UR  - https://doi.org/10.11648/j.aff.20150403.12
AB  - The present study evaluates the profitability and environmental effect of integrated fish cum rice and piggery production at Njala University, Sierra Leone. The research carried out between June and November, 2014 consists of the pigsty (2.5m × 11m), a maggoty and integrated pond (395.2m2) sown with 0.94kg NERICA 19 rice at spacing of 20cm inter - rows and 5cm intra - rows. The pond was stocked with Clarias gariepinus juveniles (mean weight 25.6± 1.78g) at the density of 4.8fish per m2.Water quality parameters viz., temperature, pH, Dissolved oxygen, NO3-N, NH3/NH4, hardness and alkalinity were determined in the pond and were found to be within the recommended range for the culture of tropical fish. Economic analysis of the adaptive research gave a negative incremental benefit and Net Present Value (NPV) in both the first and second year of production. The sensitivity analysis evaluation shows that the enterprise is fairly sensitive to price fluctuation (-46.02%) and highly sensitive to survival rate of the fish and the scale of production of the pigs. Increasing scale of production and selling at market price will greatly enhance profitability and short term payback of costs.
VL  - 4
IS  - 3
ER  -

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