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Nairaland Forum / Nairaland / General / Agriculture / Is Fish Farming As Lucrative As People Make It ? (108343 Views)
Fish Farming Or Poultry Farming. / List Of Lucrative Farming Businesses To Venture Into In Nigeria / Is Fish Farming Really Profitable? Truth Revealed! (2) (3) (4)
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Re: Is Fish Farming As Lucrative As People Make It ? by jam04(m): 3:07pm On Aug 17, 2014 |
Re: Is Fish Farming As Lucrative As People Make It ? by doubleportion: 5:40am On Aug 18, 2014 |
@ op, what i want to tell you is that "the deep calleth to deep" before you look at the immediate profit look for depth in this business, you will be amazed you dont know anything.do you know you can hire ponds if you dont have enough to build your own in the initial stage? when you are passoinate about it you keep seeking for more knownedge.BTW, fish farming is for hardworker and it is NOT EVERYBODY BUSINESS. |
Re: Is Fish Farming As Lucrative As People Make It ? by fm7070: 9:05am On Aug 21, 2014 |
has anyone used the GNLD fertilizer for fish farming? Pls share your experience and observation (whether good or bad) with us |
Re: Is Fish Farming As Lucrative As People Make It ? by inteli: 9:44pm On Aug 21, 2014 |
jam04: I am currently putting up some write-ups regarding the wrong info i have read regarding cat fish breeding in Nigeria and i can boldly say 95% of the info shared are false and misleading. but not to derail your thread i will answer your question as truthfully: Please jam04, I have sent you an email and I would appreciate your response. Thanks |
Re: Is Fish Farming As Lucrative As People Make It ? by jam04(m): 8:06pm On Aug 22, 2014 |
inteli: Replied |
Re: Is Fish Farming As Lucrative As People Make It ? by excelsiorfarm(m): 9:17pm On Aug 22, 2014 |
For more info on fish farming, visit robonski's thread on d hidden truths about catfish business, you will have a lot of people to assist & possibly get someone to give u practicals 1 Like 1 Share |
Re: Is Fish Farming As Lucrative As People Make It ? by inteli: 11:13pm On Aug 22, 2014 |
jam04:Many tankz, I v seen it. |
Re: Is Fish Farming As Lucrative As People Make It ? by ochiosa(m): 12:28am On Sep 01, 2014 |
blink182: His ignorance is so annoying.some ppl are not ready to work so don't mind them, it's only politician that gets millions without investing a dime. My brother started with one pound but has 30 natural fish pond today and he lives like a king in my village this farm has been on for 11years now. He just introduced pottery a year plus now and he gets about 100 creates of eggs a day and produce his feeds all his undergraduate children can hash fish. |
Re: Is Fish Farming As Lucrative As People Make It ? by Nobody: 8:10am On Sep 01, 2014 |
ochiosa: some ppl are not ready to work so don't mind them, it's only politician that gets millions without investing a dime. My brother started with one pound but has 30 natural fish pond today and he lives like a king in my village this farm has been on for 11years now. He just introduced pottery a year plus now and he gets about 100 creates of eggs a day and produce his feeds all his undergraduate children can hash fish.Now that is business sense. My biggest longing presently is to create a business my children can grow into and never have to worry about jobs. 3 Likes |
Re: Is Fish Farming As Lucrative As People Make It ? by matyns: 9:14am On Sep 10, 2014 |
Catfish business is in no doubt a lucrative business with its incredible returns. It is a business which also have a huge and diverse job opportunities. You can begin with small capital and earn huge revenue on a continuous basis with catfish farming. There are different opportunities which exist as a commercial venture within catfish farming industry and each can b done separately and independently, or with two or more components integrated. A list of f over 26 of these ventures is highlighted below. They are as follows: 1. Fingerlings production 2. Juvenile production 3. Grow-out techniques 4. Importation of frozen catfish 5. Exportation of smoked catfish 6. Smoking of catfish 7. Frozen catfish for exports 8. Processing catfish into fillets, boneless brand-able products. 9. Selling catfish to bank, restaurant, hoteliers, etc 10. Marketing of catfish 11. Construction of catfish farms 12. Construction of hatchery 13. Re-circulatory hatchery system setup 14. Feeds and feed formulation enterprises 15. Management of fish farm 16. Consultancy 17. Training and seminars 18. Catfish information products marketing 19. Fish health diagnostic laboratory services 20. Ornamental fisheries 21. Fish drug store 22. Ornamental fish production 23. Shrimp farming 24. Commercial brood stock production 25. Establishment of fish feed mills 26. Transportation services Are you located around Abuja, Kogi and its environ? And concern on how to get breeding stock be it fingerlings, juveniles, post–juvenile, table size or brood stock. We at May–Oasis Farm Limited could supply you with high quality breed and fast growing catfish, be it fingerlings, post fingerlings, juveniles, post juveniles, table size catfish, etc., in whatever way you want it. Supplies can also be made to anywhere in the country, even to the far north! We respect our customers and their satisfaction is of great concern to us. We are reliable and trustworthy, while all customers are treated with attention and great value. We render service ranging from farm setup, to high quality stocking supplies(fingerlings/juveniles), supply of table size catfish and brood stock, farm maintenance, consultancy service, etc. You can always count on us. For further details in how to contact us: May-Oasis Farm Limited Lokoja, Kogi State. Tel: 08145471496 Bbm: 7F4042FA Email: mayoasisfarm@gmail.com You are always welcome, contact us today and you'll be glad you did! |
Re: Is Fish Farming As Lucrative As People Make It ? by innocentchuks(m): 12:31am On Sep 12, 2014 |
Fish Farming is not a business for greedy, inpatient and uncommitted individuals. Though lucrative but needs practical experience. @ o.p i will not repeat what others pointed out but, will touch areas they did not quite iron out. I am giving my analysis based on 1000 fingerings. 1. 1000 fingerings will cost #280-#300 to raise to table size of six months according to proving set standard, but it can be less or higher depending on farmer's experience and expertise. The estimated bags is between 25-35 bags. Death rate is put at 20% and estimated kg is 1-1.5kg. Note: the above statistics depends on three key things which is where most farmers get it wrong. They are: Water management,stocking density and feeding.time will fail me to explain these things in detail but one thing is sure if u have mortality above 20%,spend above #350000,over stock u are heading for desaster. U only remedy is if u produce Fish of 2-3 kg that sell at #650-#700 a kg if not u name is sorry. 2. Pricing 8-10 Fish 20kg is #13000#14000 10-13 Fish 20kg #12000-#12500 14-17Fish 20kg #11500-#12000 18-21fish 20kg #11000 22-26 Fish 20kg #10500 27-31 fiish 20kg #10000 32-40 fish 20kg #9500 41-50 Fish 20 kg. #9000 50 and above #8500 Under good production a farmer will have at least eight hundred Fish at the end of six months @ average of 1.2kg. Least kg is 800g maximum 3kg.here the fish will fall in the range of #11000 which is #550/kg at this range 800kg is #440000 assuming investment is #330000. but under bad production he/she might find it difficult raising money for the feed. Please I put this based on tested fact but do know in ur first year u might not make gain or might even loose money it depends on ur management and initial technical errors fish Farming is garbage in garbage out, most times what work for one might not work for another because of weather and environmental conditions. 3 fingerings price: 4 weeks #10,5 weeks #12,6 weeks #15,7 weeks#20,8 weeks #25,10 weeks #30. 4.construction of pond: pond is fixed asset if u add it to production cost forget about profit first, same goes with Borehole. I cannot give detail of how many block that can construct the desired pond but will give u idea of the size for good stocking. Grow out pond that will contain 1000 Fish should be 30feet by20feet by 4feet it can carry depending on individual. Water is essential is u do not have Borehole start small so u can manage the Water, Fish Farming is all about Water, 60% cost of production goes to feed the rest is Water management. Good yield is all about good feeding and good Water management. Fish Farming is quite lucrative but not for ignorant and greedy investors. The beauty of it is u can combine it with other things, but for u to make it u most know the pros and cons not just what u read Online or from manuals and ebooks, but from the experience u gathered from field. Some people hear and read that Fish Farming is lucrative the don't just test the Water but jump into it with all they got and end up loosing money. For more insights and booking for ur fingerings pin at 762114AB or whatapp 08038651783. We also handle training on fingerings production |
Re: Is Fish Farming As Lucrative As People Make It ? by ScrollGlobal(m): 3:15pm On Feb 24, 2015 |
This has been an interesting thread all along. My understanding of business ventures is that their are pitfalls lining the way to success in any business and these pitfalls can be avoided if one has a good mentor that will inform you of his own experiences and how he handled such challenges. In the absence of a good mentor, one is bound to learn the hard way and profitability will continue to dwindle till you begin to learn and perfect your skills in the trade. I think this forum is full of experienced farmers that have learnt bitter lessons in the past and should be telling such stories so that others can learn and avoid such mistakes. Like me, when we first started breeding, we used only one vat and after the eggs hatched, we removed the spawning net and allowed the dead eggs and the larvae to remain in the same vat. This led to rapid pollution of the water and the larvae all died the following day after hatching. On a second attempt. we had two Vats for the breeding. we spawned in one vat and removed the spawning net in the second vat thus leaving few dead eggs in the first vat. Once again, we made the mistake of over stressing the larvae by constantly syphoning the dead eggs from the larvae and this led to major catastrophy as the larvae died after 2days out of too much stress as we syphoned like 4times in a day. At the third attempt, we avoided the two previous errors and we have been smiling to the bank. So when a farmer experiences these kind of disappointments, he may come to the conclusion that catfish farming is not as profitable as being portrayed 2 Likes |
Re: Is Fish Farming As Lucrative As People Make It ? by gspace1960(m): 9:05am On Feb 25, 2015 |
Gspace hatchery are poised to supply Fries,Fingerlings,Juveniles and Post juveniles at an affordable rate within and outside lagos.in order to ease your burden,for clients within lagos,we will deliver to your door step at no cost while there will be a discounted fee for delivery to clients outside lagos as well as free consultancy services for clients both within and outside Lagos because your satisfaction is our passion.place your order today and you will be glad you did.you can reach us on.07060523565,08123411006 or thru email ........gesemudje@gmail.com |
Re: Is Fish Farming As Lucrative As People Make It ? by sept4: 11:15pm On Sep 07, 2015 |
jam04:my brother u hv spoken well di other dt commented earlier almost discouraged me b4 u came to my rescue @ fixed expenses last jst for di first season. Nd who dives into a busineaa expecting to make a fortune immediately. Fnx u my brother, ur not supose to expect profit 1st season |
Re: Is Fish Farming As Lucrative As People Make It ? by jam04(m): 4:17am On Sep 08, 2015 |
sept4: Exactly |
Re: Is Fish Farming As Lucrative As People Make It ? by Walexdinho4: 7:14am On Sep 08, 2015 |
mekaboy:............thanks bro.....its very easy to make million in 5mnth dats y u can see alots igbo guys crooose big cars around jst in a yr.......i am a farmer .......cat fish farmer precisely........if u want make million in any business i bet u its not in cat fish wt 1000fish.........go n learn .....go to farms pay to learn......from hatchery to table........ remember its nt always full tym businessss..........or go n sell laptops as somebody said.......in ur room?....5 laptops am sure nt in a shop n no Tfare......n ppl by lappy evry day .........lolzzzzz |
Re: Is Fish Farming As Lucrative As People Make It ? by jam04(m): 1:09pm On Sep 14, 2015 |
isnt this lucrative enough? be wise and do the right thing olayiwola farms olulay@yahoo.com 08090938426 07069457328
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Re: Is Fish Farming As Lucrative As People Make It ? by Nobody: 4:50pm On Oct 14, 2015 |
Fish farming business plan in Nigeria. http://www.businessplannigeria.com.ng/fish-farming-business-plan-nigeria/ |
Re: Is Fish Farming As Lucrative As People Make It ? by Etranshub(m): 5:59pm On Oct 14, 2015 |
mekaboy:so let's say for example you set up a soap making factory, do you intend to get the building/rent and machinery money from your first batch of production? It's amazing how people want to get pond money from their first batch of stocking..........fish farming isn't nairabet or baba ijebu but it's indeed profitable and not for people who lacks the passion for it or wants quick /fast money |
Re: Is Fish Farming As Lucrative As People Make It ? by nikaShow(m): 2:13am On Oct 17, 2015 |
And now You can use mobile ponds and reduce pond costs even further ! https://www.nairaland.com/2249974/mobile-fish-ponds-tank-remedy |
Re: Is Fish Farming As Lucrative As People Make It ? by iamrealdeji(m): 2:56pm On Oct 17, 2015 |
mekaboy:bros,you got It totally wrong,you shouldn't add the price of the pond cos once you have the pond,its all yours for years |
Re: Is Fish Farming As Lucrative As People Make It ? by ultrazone(m): 1:21am On Feb 11, 2016 |
m |
Re: Is Fish Farming As Lucrative As People Make It ? by amerimex(m): 10:18am On Mar 24, 2016 |
@OP My brother don't mind al ds analysis ds pple re givin oo, even wt a free pond u might run @loss, xperience dy say is d best teacher, visit farms to learn, start smal, or get a mentor to work wt U on ur farm shd u want to start big, 250k I can tel u isn't enough to feed 1000 juvniles to avrage of 1.2kg. Shd u start big be ready 2 pelletise ur own feed wt dat u wil lov goin 2 d bank as dat wil always b a smilling time, am a medium or comparatively big catfish farmer |
Re: Is Fish Farming As Lucrative As People Make It ? by amerimex(m): 10:22am On Mar 24, 2016 |
iamrealdeji: No he is not wrong because in many places like the several govment fish farm estate, u rent the ponds n pay anually 1 Like 1 Share |
Re: Is Fish Farming As Lucrative As People Make It ? by Ifedayour007(m): 11:23am On Mar 28, 2016 |
jam04: @jam04 now i am confused about your post and also about cat fish farming. i was surprised to see your post saying very sensible post to someone feeding fish maggots from poultry and piggery waste here, but its other way round on your own thread. I am not trying to be negative here,i have done fish farming before and i am sure i am still a learner, i did somethings wrong then, i acquired some marshy land lately which i am planning to use for fish farm, and that is why i am on Nairaland looking for a way to do it right this time. @jam04 why is feeding maggots to catfish is not allowed on your own thread and its other way round here? There are lot of people here in Niaraland ready to invest their money and not to waste it, so please you guys shouldn't discourage us. Let us learn from you, and even if we have to pay for it, but make sure its something we'll benefit from. Thanks.. 1 Like |
Re: Is Fish Farming As Lucrative As People Make It ? by remros2: 11:48pm On Apr 02, 2016 |
Itydee:I want u or anyone wt ds kind of opinion to know that it takes a lot of sacrifice to really write so much on a thread (especially for busy people) all in the name of trying to assist or convince people. It's not ok to think all are d same just because some have used this method to deceive once. At least I've called a number quoted on this thread and the person has willingly given me some useful info even wt d promise to always oblige me anytime I need such advice. Pls don't generalise bad experiences. Let's appreciate these people's effort at sharing their knowledge. After all they are not paid lecturers |
Re: Is Fish Farming As Lucrative As People Make It ? by LUKINGUY(m): 2:58pm On Apr 06, 2016 |
On a contrary to some post here. Catfish Business is indeed a profitable business considering the following 1. Good and unlimited source of Water quality. 2. Your Young stocks. 3. Your pounds 4. Farm practice. It's certain on no matter how much you invest with good farm practice you will earn 100% profit. Your initial capital cannot be considered as your initial investment because 60% goes into fixed capital. Your inital investment is your stock and feed cost. If you intend to stock 1000 fingerings you add 200pcs for mortality. Prompt change of water, feeding and souting can reduce mortality to the bearest minimum. If you think is not profitable so be it. We stock 20,000pcs + 2000 mortality and we harvest every 3 months. The business is good and worth investing. |
Re: Is Fish Farming As Lucrative As People Make It ? by dondo83(m): 7:14pm On Apr 06, 2016 |
LUKINGUY: are u into melange? |
Re: Is Fish Farming As Lucrative As People Make It ? by Ugobestdmd(m): 2:41pm On Jun 13, 2016 |
mekaboy: Alright sir. So when are they likely to make the profit? Cos am a victim of this already. I raised 500 fishes in 3 months and made N10,000. |
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