Fish Farming Business

black eye peas, says is a MONKEY BUSINESS,but,YORUBA say is ELEJA BUSINESS

@nikynike you are right. It's all about planning.Good planning before You start. Also
keep some extra cash. You must not forget to have an extra pond for selection.You must do
constant selection of the fish. The big ones has to me moved to the extra pond.

hello, beelyjay45,

Your post was very informative. cau u tell me how many catfish u can conveniently breed on  a plot of land.

Hi guys,

I am so impressed by the richness of the contributions of those who have one experience or the other to share,  not failing to also applaud the eagerness of willing subscribers which goes to show that this discussion thread is a viable one.

Actually, I wanted to be quick to caution those who are lured by the presumpsion that "fish farming is an easy way to make money pronto!" that they need to be watch it. The statement is as true as it is also false based on so many reasons.

I am not a pessimist, but I do know that one needs to unnderstand the nitty-grities of every business preposition one intends to invest in. If you understand the basics, there is no gain saying that your success will be more assured as compared to jumping into it as a novice aznd "putting all your eggs in one basket"

What is my point? Yea, sure. I have a 3-points guide for you.

1. First, I will advice those who want to go into fish farming to learn all the theories there are to learn, from as many tutors/workshops and practising fish farmers as posible. When you are sure that u have heard from the experts as much as posible, You can then proceed to the second stage.

2. Secondly, convince yourself about which practicing fish-farmer you believe you can trust as your mentor, who posibly should live near you and who can spare time to supervise yours. Pay him if need be, because the more he knows he stands to gain something from you, the more he is willing to help. Then you can begin by investing a little into the bussiness. You can start from the very minimum, the size you can confortably manage, which you are even prepared to loose entirely. This you will manage with supervision from your mentor, learning all practicals and seeing how it contrasts with what is in the theory.

3. Finally, having havested the first batch which was supervised, you could manage another batch partially supervised and then another, then another untill u aare sure you can do it on your own. Once convinced, my brother, you can go full throtle into big time investment, because by this time I can confortably call u an EXPERT ISH FARMER (Dont mind if it is small-scale, medium scale or large-scale).

You may wonder why I am saying all these. Yes, I say it because I am a PhD research student of Aquaculture nutrition. I am into research to develop a local alternative feedstuff for tilapia and catfish which is cheaper than what is currently in the market but also as efficient, if not more efficient,  so I have all the theoritical/practical information regarding raising/managing farm-grown catfish/tilapia. It is on record that most fish farmers who lost out of the trade did because of poor know-how/orientation at the begining of the trade. This is quite surprising because, like some one rightly pointed out FARM-RAISED FISH is a lucrative business!

Properly learnt, I don't think many youth in Nigeria have business complaining about unemployment because currently, the demand for fish in urban areas of Nigeria can only be met about 20%!

Good luck guys as your interests in my research area grows, I will pop in from time to time to see how I can respond to other queries of yours as the arise, but meanwhile, don't cut corners! Peace!

@slide. It depends on how large/small you want to start.
I think with you constant water supply, you can comfortably start a
medium farm with about 200.000 (two hundred thousand naira)

Hi,all nairaland fish farmers that produce fingerlings can now get SureStar brineshrimp eggs-Artemia cysts.

it is a new product in the Nigerian market that seeks to add value to the quality of fish produced while ensuring maximum returns for all farmers. I  am quite sure a trial will convince you.

The prelaunch price is just N3800.It is sure a sign of good things to come for catfish farmers.

Good deals available for distributors and farmers outside Lagos.

If you are interested, please contact send a mail to freelance911@gmail.com

Hurry while offer lasts.

Godspeed!

mado  :)My next question is: have thought of CRA-FISH farming yet? There seems to be a great demand for these too.
mado

go to Consecrated Farms at Usi Ekiti for juvenile,fingerling,and table size catfish.

hi my fellow farmers,the fish farming business is quite a profitable venture, about two years now.I produce frys,fingerlings  and juveniles forsale at affordable prices.and aslo sale grow out.u can can reach me on

08037213008 or 018763004

i am impressed by the number of people intersested in fishfarming.
please before rushing into this biz please take note of these points.

1.Make sure u have an adequate supply of water.{fish is 70% water].
Water amount depends on system used.

2.Ensure u buy the right breed.I said in an earlier post that i started with
250 fish but what i did not say was i bought the wrong kind.i lost because they did not grow.

3.When u want to construct your pond please get a professional,my 1st pond
broke. 

4.Fish is feeding if u can't feed please don't stock.

5.If u rush into this biz u will rush out with your tail between your legs.Buy a maual and have a conultant to guide you{their price vary from 10,000-100,000 naira for 6 months}.please ensure he has a  farm.

Is fish farming lucrative well i don't know i only made 100,000 naira selling juveniles feb. 2007.Someone call my lawyer i need to sue the man that sold me this package.

hi shadex, please give me more details of starting up fish farming. Also how do i acquire a cold room

Hello,
Good day.I have so much interest in Fish farming business,but I have some unanswered questions about the buiz:

1. I don't have a land of my own.

2. where you think is the best location/geographical area to establish the buiz in south west?

3. What is the average cost of such location including renting or buying a plot of land .

4. what quantity of juveniles will a plot of land house and at what cost inclusing contruction and logistic?

5. In what proportion of space can I start 1000 juveniles.

6. How much does it cost to feed a single juvenile to market size?

7.What is their price/kg and of how old?

Please,I will be very grateful to have answers to these questions above.
Thanks.

For those that are already in fish farming, I have floating feeds for sale.

Some of the advantages of floating feeds are:
 
1. Less water pollution issues
2. Ease of  observing, monitoring fish growth and their response during feed.
3. Less feeding cost and feed waste
4. Feeds Optimization.

And from the Lab. analysis of the feeds sample, the follow is the percentage composition of the feeds::
1. Crude Protein  --44%
2. Fat    ---  7%
3. Fiber --- 2.1%
4. Energy --- 3430Kcal/kg
5. Feed Conversion Rate (FCR) -- 1: 1.3



Frequently ask questions  (FAQ):


1. Floatability - What % and how long?
 
A:   Between 85 to 95 % floatability and it floats for upward of two Hours.

2. Abscence of crumbs. I have used some local floating feeds b/4 which I had to abandon b/because of the high level of crumbs. Imagine 2kg of crumbs in 15 kg bag of feeds! What is the level of your feeds'crumbs?
 
A:   The level of crumb is less than 1% since the feed is processed using an extruder machine.


3. Expiry: What is the best before date from date of manufacture?
 
A:   The expiration is 3 months after manufacturing.

4. What is the feeds Formulation?

A:   The feed contains Maize, 72% Fish Meal, Soya, GNC, Fish premix, Vit C, Salt and Calcium Diphosphate

5. Pricing - What is your distributor's price per kg? What is your recommended retail price per kg? What is the minimum quantity for a distributor?
 
A:   It is 185 Naira per Kg and the feed could be sold for 200 Naira per Kg. We do not have a minimum quantity for distributor, however the customers will be responsible for the cost of transportation.

6. Distribution - Do you have transport facility to be supplying the feeds to us in Lagos?
 
A:   We could arrange transportation for customers.

7. Payment terms. Cash and carry or credit? What is the credit period?
 
A:   Currently we prefer cash and carry pending the time when we could have establish a business relationship


For more information email peakagro@yahoo.com or call 08055124963

I talked to someone on the project of fish farming in Nigeria in April and I discovered that one needs about 200K to start a medium scale fish farm.  You need to provide a suitable site, security, and make the site accessible.  You have a ready market for catfish in Nigeria.  You might need to go to fish farms near the site you choose to use eventually to get useful and relevan information from operators of such farms.  You may also consider locating your fish farm in an agric settlement whre procuring land is a lot easier.

I wish you the best, pal.

hello All,
I have been researching this fish farming business for the past year and eventhough it is lucrative it is also very delicate.
you need to attend a couple of seminars,talk to good consultants, get the right land,decide on the right type of pond.
You also need some case,200k is certainly not enough,but again there is this guy who started in his bedroom.with a lot less
but i guess in those days people were not quite enlightened,you can't just sell fingerlings or juveniles without the potential
customer not wanting to know how your bred them.

http://www.sunnewsonline.com/webpages/features/enterprise/2007/may/05/enterprise-05-05-2007-003.htm
stories like these certainly make for good movies, am not sure how true it is,but nothing is impossible.
as for me i have decided to deal with the big guns, or rather the gurus,
 
check out

http://www.aquarevelation.com/home_page.htm
http://www.durantefish.com/

these guys and many others offer consultancy services,and they also sell feeds,
my problem now is deciding which pond type to start with,WRS,EARTHEN,CONCRETE,

thanks folks, would keep you all updated on my progress.

T