Abstract

This article examines the collective bargaining efforts of atomized fishermen with a monopsony-like buying sector. Government allocation of collective share quotas to fishermen’s organizations triggered the voluntary formation of cooperative fishermen’s bargaining associations, while a highly concentrated processing sector started behaving as a countervailing monopsony. This drove ex-vessel price determination into region-specific bilateral monopoly price bargaining.

Ocean acidification (OA) is one of the largest emerging and significant environmental threats for the aquaculture industry, jeopardizing its role as an alternative for supporting food security. Moreover, market conditions, characterized by price volatility and low value-added products, could exacerbate the industry's vulnerability to OA.

This study determined the challenges of youths involved in fish farming in the Federal Capital Territory, Abuja, Nigeria. Multi-stage sampling procedure was used to select and interview a total of 54 youth fish farmers’from18 villages in three area councils of the FCT, Abuja. Results of the analysis were presented using percentage, frequency counts, and mean scores. Results reveal that majority (57.4%) of the respondents had fish farming as their major occupation. The majority (87%) of respondents adopted the monoculture system of fish production.