Catfish farming business otherwise called aqua culture is a form of land use whereby land unproductive for crop production is converted into ponds for the nurturing of selected fish to market weights and sizes. The impact of Catfish farming is yet to be felt in the Nigerian economy. Low protein availability for the teeming population can be stemmed by investing in Catfish farming. The products of this project is basically catfish.
The manual will be sent to your email address after your payment has been confirmed. Soft copy only Fish Farming Business Plan In Nigeria Fish farming consists of two major subdivisions, which could either be operated separately or as an integrated process.
The two subdivisions are the nursery and the grow-out pond operation. The nursery operation is the basis for the grow-out operation and as such it cannot be operated without the nursery. The nursery involves the inducement of the female fish to lay eggs, which are then fertilized; incubated and hatched fish are known as fries.
These fries are then nurtured fro between three and four weeks into fingerlings which is the size suitable for use in the fish grow-out operation.
In-between the nursery and grow-out operation is what the purpose of this manual referred to as the primary operation. It involves the nurturing of the three or four weeks within which they could grow into post fingerlings, mini juveniles and juveniles respectively.
These can be nurtured for four to five month into grow-out or table size fish suitable for sale and consumption. Going in catfish farming involves the following.
One has to acquire at least full plot of land in a suitable location. This means, you must consider good access road, closeness to market and labour. If the land is already available, it is good. Then we apportion it as follows: Location of ponds 2. Location of farm house.
Location of water supply 4. Location of drainage facility. One or two must be sunk to guarantee steady water supply. Overhead tanks for holding water should also be installed. The mechanism of pumping of water must be backed up.
The system must not fail. The success or failure of this project depends largely on construction of standard ponds that can stand the test of time. Common causes or failure in catfish farming include over stocking, poor quality feeds, water pollution and bad specie of catfish fingerlings.
Here are details of catfish farming 1. They can be easily farmed at the family backyard 2. Cost of medication is very negligible in fish farming and it is a good poverty alleviation activity to stem rural-urban migration 3. Rearing of fish for local consumption will decrease importation of frozen fish chicken and turkey into the country and producing fish for export will greatly enhance our economic potential.
It will firm up the naira, improve the GDP, reduce inflation and create more jobs for Nigerians. Over a million jobs can be created in the fish industry alone. The Concept of Commercial Fish Production The objective of commercial fish farming is to produce fish to supply markets at a competitive price and make a profit.
The market is therefore, the driving force for commercial fish farming. The key parameters that determine the levels of production and success in fish farming are water quality, feed quality and seed quality.
Fish are greatly affected by the environment in which they are grown. An aquatic ecosystem is extremely dynamic, changing with nutrient inputs, weather and season.Starting Small Scale Catfish Farming in Nigeria – Sample Business Plan Template.
What You Need to Get Started. a.
The Right Mindset. The first and probably the most important key to starting a successful catfish farm is the right mindset. Catfish farming is an easy and flexible agriculture based business that can also be profitable. Farming catfish can be done anywhere if you have a suitable place and you can either take care of the protein needs of your own family or sell it to make more profit.
Catfish Farming Business Plan In Nigeria / Feasibility Study. Catfish farming in the Nigeria is one of the most profitable agribusiness in the country and if you have thought on going into this business you are on the right track.
This business plan is meant to articulate the vision and future of our farm, and to appeal to investors and external stakeholders to get involved in this business and help with its funding as it is a capital intensive business.
1). Catfish Farming: This is the most popular aquaculture business in Nigeria, because of the popularity of the breed of fishes grown. Catfishes are the most common fishery products used in African meals at various households, restaurants, events, hotels, and a lot more.
Starting Small Scale Catfish Farming in Nigeria – Sample Business Plan Template. What You Need to Get Started. a. The Right Mindset. The first and probably the most important key to starting a successful catfish farm is the right mindset.