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Articles by O.M. Olowosegun
Total Records ( 2 ) for O.M. Olowosegun
  T. Olowosegun , A.O. Odunuga , E.J. Landu and O.M. Olowosegun
  The study examined fisher folk responses to climate change in Kainji lake basin. The sample comprises of fisher folks within and around New Bussa. Eighty questionnaires were administered to obtain the primary data and analysed using descriptive and inferential statistical tools. The results revealed that majority (70%) of the respondent were male, however (61.2%) of them had tertiary education. More so, majority (60%) of the respondents were aware of changes in climate in the area. Majority 65 and 55% of the respondents were involved in incidence of deforestation and charcoal production, respectively. In conclusion, it was discovered that little knowledge about climate change and its effects were found among fisher folk, therefore, it recommends that sensitization workshops/lectures should be done to enable the fisher folk have adequate knowledge on climate change and the implications on fisheries activities in the basin.
  G.A. Ataguba and O.M. Olowosegun
  Microfinance refers to loans, savings, insurance, transfer services and other financial products targeted at low-income people. Artisanal fishing is a crucial source of livelihoods in developing nations, particularly for low-income families in rural areas where job options are limited. Nigeria depends heavily on revenues from natural resources, especially oil hence income from fishing is particularly important to Nigeria. Aquaculture is also being practiced with a growth rate that has increased over the years. Sources of funding for the operators of these sectors of the economy who are mostly poor peasants will ensure sustainable production and income generation. Informal microfinance groups have existed before the advent of formal microfinance. Microfinance institutions in Nigeria operate in an environment that is dominated by commercial banks. However, their high deposit rate makes them attractive to the low income group. This paper examines the emergence of microfinance institutions, their contributions to fisheries and aquaculture and constraints to be overcome to enable them serve the fisheries and aquaculture sector better.
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