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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 oc2fish: 10:18pm On May 30, 2012 |
Before i coment i will like to introduce myself so that you will know where i am coming from. I studied Fisheries Mgt up to M.Sc level. I consulted for 6 years and at a time the production supervisor of the the biggest and most productive livestock farm in Ibadan. the company employ 20 fisheries graduate over 40 non graduates. At the company when we stock 40,000 juverniles the returns is in the range of 23 million naira the feed cost is at the range of 10 million naira. If this company can pay the salary of this 20 graduates and 40 none graduate i belive fish farming is profitable. Fish farming require hard work and taking time to learn the art. As at now i have two vats in my compound and i make 40 to 50k every six weeks beside a regular job. I spend two hours everyday taking care of the fish. If all you want is quick money please dont venture into it. 9 Likes 1 Share |
Re: Is Fish Farming As Lucrative As People Make It ? by mekaboy(m): 10:31pm On May 30, 2012 |
clementcro: @Mecaboy, your above analysis is totally wrong, cat fish farming is lucrative, the more you invest in it, they more you get your profit, if you invest like 2m in the establishment of the business, you can be making a minimum of 300k every month after the first 4 months of establishment of your farm.CAN YOU DO AN ANALYSIS OF THE 2M AND HOW YOU MAKE THE 300K EVERY MONTH. THAT WILL ENCOURAGE SOME OF US . THANKS 1 Like |
Re: Is Fish Farming As Lucrative As People Make It ? by 19naia(m): 4:07am On May 31, 2012 |
The first year of any business is not to be expected to be profitable because time it takes to get customers knowing you and the time it takes to learn the patterns of the location you choose....start up cost is the main big factor and the start up cost should be rationed off into several years of profits as you would in paying off a loan...dont assume start up cost is an every year expense...first year should expect to not make profit or very little......The next year could not include buying the young fish if you keep small breeding pond which will have few fish making hundreds of babies...there are people who farm insects and worms for fishermen,and the cricket and worm operations take little space and feed...fish castings do well in the soil that can then be compoted back to the worm farm and the worm farm can feed fish and also fertilize garden crop which can feed insect farm and garden can compost back to the worms.....Think ECO system as no one feeds the fish in the natural eco system...if you can invest in maintaining an eco system,then you can have self sustaining fish farm...Fish pond will grow algea,there are fish that you can get that remain smalll and eat algea..rotate the cat fish and tilapia away from algea infested pond and put in the algea eaters and then make a regular cycle,if the algea eaters get to breed so many to manage,put them in to be eaten by the catfish and tilapia....In termite season,one can catch 1 months worth of fish food in one night...the list of options go on..people raise chickens in open land no feed bout for them.the chicken becomes food for people but also food for fish...there are people who collect blood from slaughter houses to cook it into blood meal pellets to make animal/fish feed......The start up cost must be endured and if you like to work,there are so many ways to make it work out....i love fish farm and i grew up with small fish farm in ondo state,but the pond was in ground about 3000gallon and water came from natural spring in the ground with native small fish finding thier way into the fish pond and also open to insects and lizards,snakes e.t.c ,the fish would eat anything of small size that falls into thier home.....i prefer to have land in a water soaked area (where many will not buy the land for a house) And take advantage of the natural ecosystem.......it depends on how much work and money can be put into it.....oCEAN FISHING AND OTHER WILD CAUGHT FISH ARE A DWINDLING MARKET AS THE ENVIRONMENTAL ISSUES IN THE WORLD AND POPULATION INCREASE,TAX NATURAL RESOURCES..THE DEMAND FOR FARM FISH WILL ONLY BE RISEING AND ALREADY IN USA,THERE ARE WARNINGS OF MERCURY POISION RISK IN WILD OCEAN FISH...SO PEOPLE WILL CONTINUE TO DEMAND INCREASED PRODUCTION FOR SAFETY FROM MERCURY TOXIN AND ALSO THE DECREASE IN WORLD SUPPLY OF OCEAN FISH.....gO FISH FARMERS... 5 Likes |
Re: Is Fish Farming As Lucrative As People Make It ? by mekaboy(m): 10:50am On May 31, 2012 |
19naia: The first year of any business is not to be expected to be profitable because time it takes to get customers knowing you and the time it takes to learn the patterns of the location you choose....start up cost is the main big factor and the start up cost should be rationed off into several years of profits as you would in paying off a loan...dont assume start up cost is an every year expense...first year should expect to not make profit or very little......The next year could not include buying the young fish if you keep small breeding pond which will have few fish making hundreds of babies...there are people who farm insects and worms for fishermen,and the cricket and worm operations take little space and feed...fish castings do well in the soil that can then be compoted back to the worm farm and the worm farm can feed fish and also fertilize garden crop which can feed insect farm and garden can compost back to the worms.....Think ECO system as no one feeds the fish in the natural eco system...if you can invest in maintaining an eco system,then you can have self sustaining fish farm...Fish pond will grow algea,there are fish that you can get that remain smalll and eat algea..rotate the cat fish and tilapia away from algea infested pond and put in the algea eaters and then make a regular cycle,if the algea eaters get to breed so many to manage,put them in to be eaten by the catfish and tilapia....In termite season,one can catch 1 months worth of fish food in one night...the list of options go on..people raise chickens in open land no feed bout for them.the chicken becomes food for people but also food for fish...there are people who collect blood from slaughter houses to cook it into blood meal pellets to make animal/fish feed......The start up cost must be endured and if you like to work,there are so many ways to make it work out....i love fish farm and i grew up with small fish farm in ondo state,but the pond was in ground about 3000gallon and water came from natural spring in the ground with native small fish finding thier way into the fish pond and also open to insects and lizards,snakes e.t.c ,the fish would eat anything of small size that falls into thier home.....i prefer to have land in a water soaked area (where many will not buy the land for a house) And take advantage of the natural ecosystem.......it depends on how much work and money can be put into it.....oCEAN FISHING AND OTHER WILD CAUGHT FISH ARE A DWINDLING MARKET AS THE ENVIRONMENTAL ISSUES IN THE WORLD AND POPULATION INCREASE,TAX NATURAL RESOURCES..THE DEMAND FOR FARM FISH WILL ONLY BE RISEING AND ALREADY IN USA,THERE ARE WARNINGS OF MERCURY POISION RISK IN WILD OCEAN FISH...SO PEOPLE WILL CONTINUE TO DEMAND INCREASED PRODUCTION FOR SAFETY FROM MERCURY TOXIN AND ALSO THE DECREASE IN WORLD SUPPLY OF OCEAN FISH.....gO FISH FARMERS... IF THE FIRST YEAR OF ANY BUSINESS IS NOT PROFITABLE I WONDER WHY PEOPLE GO INTO BUSINESS AT ALL 1 Like |
Re: Is Fish Farming As Lucrative As People Make It ? by bigx(m): 11:17am On May 31, 2012 |
mekaboy: To build an income for the future. Some businesses are profitable in the first few months though but business shouldn't be a quick money strategy. |
Re: Is Fish Farming As Lucrative As People Make It ? by nagoma(m): 11:30am On May 31, 2012 |
The good news about fish fsrming is the falling cost of feeds as new ones and good quality are coming into the market rapidly. The cost of 10kg bag of feed now varies between N4,800 to N3,400 and keeps falling. the feed quality is no different once the fish get used to it. For farmers that have no problem with water supply and have a stable market , the future is bright. Cost of feeds is perhaps the single most important challenge to sustained fish farming. |
Re: Is Fish Farming As Lucrative As People Make It ? by aquatic1(m): 12:43pm On May 31, 2012 |
@jam01 and OP, catfish farming is very lucrative, @jam please don't discourage pple from the business, and the fish pix you include, I can't say I believe you its 1.3kg plus unless its weigh, because the fish am seeing there is small compare to 1.3kg fish. @OP, let me break it down for you, if you are to rent a pond for a start, a pond goes for 30k, with pumping machine, water, all you need is your generator and fuel, the fish, I will also advise you go for juvenile which is 25naira, feeding which is almost 70percent of the whole project goes for 100naira for each fish, before we use 200naira to feed a fish, but with the help of local feeds and vital feed from UAC jos which is sold for 3750 it makes feeding of catfish more profitable. And its before we raise fish for 5 or 6month, but now its 4month which your fish will attain 1kg plus, and maybe 5percent can be below 1kg. When your fish reach the sell-able size you can contact our consultancy, or seek the market women which will come and buy the fish up with 2days, and presently 500g below sold for 380 to 400, 600grams to 800g is sold for 450 while 1kg plus is sold for 480 to 550, depend on your area. 3 Likes |
Re: Is Fish Farming As Lucrative As People Make It ? by esere826: 3:14pm On May 31, 2012 |
I've had a fishfarm for about 6 years now. It's not as lucrative as people say it is, but it could be if you utlize the right business model. Usually, you'll be squeezed by the fish feed sellers and the large scale buyers. 3 Likes |
Re: Is Fish Farming As Lucrative As People Make It ? by esere826: 3:19pm On May 31, 2012 |
Its only normal that you would meet people that would offer to sell you their fish farming experience. They might not have your best interest at heart, but unfortunately, you cannot do without them. It's only part of the cost of setting up your fish business. My advice to you is to invest money that you can afford to loose on it. Cheers and goodluck. 1 Like |
Re: Is Fish Farming As Lucrative As People Make It ? by Murphy7h4: 9:43am On Jun 01, 2012 |
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Re: Is Fish Farming As Lucrative As People Make It ? by Nobody: 5:48am On Jun 02, 2012 |
200 naira? How did you feed them? @ jmoore, are you putting the cost of the water you supply? cos i am not adding that, because i cannot quantify that. i have a ready borehole at my house and i make use of that for my fish. This is my simple projection i buy Juveniles for 30 x 67 pieces = 2000 feed for 4-5 months 3 bags at 4000 average = 12,000 average weight after 4-5 months 1.2 kg survival rate, lets say 60 pieces total weight 1.2 x 60 = 72 kg gate price per kg = 450 total price = 450 x 72 = 32,400 interest = 32,400-2000-12000 = 18,400 naira. for 60 pieces. so if you go for a larger scale and you stock every month or two month you will be making what you stocked multiply by the factor. let say i go for 300 pieces, then it will be 18,400 x 5 =92,000. if you stock every month then you will be making 92,000 every month but the investment will also increase, say, 2000 x 5 = 10,000 for the juveniles, 14,000 x 5 = 70,000 for the feeds for each stock. And get a market b4 you start to rear. Fish farming is not for everybody. you must be willing and be dedicated to it as the slightest lukewarmness can cause your investment to go down the drain. |
Re: Is Fish Farming As Lucrative As People Make It ? by jmoore(m): 9:27am On Jun 02, 2012 |
@gzib, thanks for the breakdown, but do you buy the feed or you make them yourself? what amount of feed is given to one catfish a day? |
Re: Is Fish Farming As Lucrative As People Make It ? by clementcro(m): 8:51pm On Jun 02, 2012 |
@Gzib, thank, many people dont know that the more you invest into the business, the more you make profit, if you manage to have 5 different plastic ponds, then you would be hervesting every month, and each month hervest might give you a profit of like 300k... The more you invest, the more you make profit #CatFishFarming 1 Like |
Re: Is Fish Farming As Lucrative As People Make It ? by mekaboy(m): 11:24pm On Jun 02, 2012 |
gzib: 200 naira? How did you feed them?you mentioned that you need generator, you did not add the cost of the gen and fuel that you will use to pump water for 4-5months.assuming you rent the pond as u said, how much will u pay for renting for 5 months |
Re: Is Fish Farming As Lucrative As People Make It ? by dking123: 2:19am On Jun 03, 2012 |
ogbongenet: Quail Farming,quick Cash:this info marketers are here again, pls do thorough analysis and show us that fish farming is worth the stress not to market another new hype. 2 Likes |
Re: Is Fish Farming As Lucrative As People Make It ? by aquatic1(m): 6:20pm On Jun 07, 2012 |
Hello farmers or intending farmer, drop ur pin or add me to join the catfish farmer group, where we can meet buyers and sellers, information and a lot more. 30B92C64 |
Re: Is Fish Farming As Lucrative As People Make It ? by yetown(m): 11:21am On Sep 12, 2012 |
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: FISH FARMING MADE EASY, NO MORE CONCRETE/ BLOCK/ EARTHEN PONDS, WITH COLLAPSIBLE MOBILE POLYGON TANK SKY IS YOUR LIMIT Use of collapsible mobile pond is ideal for urban dwellers and a very easy way to raise your own fish. The mobile ponds as shown above are ideal mobile fish pond for your both front yard and back yard farming. Advantages of Using a Collapsible Mobile Polygon Fish Pond: 1. It is non-toxic and non-corrosive 2. It can hold water for as long as you want. 3. It can easily be removed and carried to another location 4. Ideal for people who live in rented apartments. 5. The use of the mobile ponds is cheaper compared to concrete tanks. 6. It is an ideal pond for a starter or anyone who wants to start small. 7. With this type of collapsible mobile polygon pond, you can start your fish business with capital as low as N80, 000 (Cost of pond). CONTACT NETAGRIC FARM:08035188465 1 Like
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Re: Is Fish Farming As Lucrative As People Make It ? by femiolu1: 1:19pm On Sep 12, 2012 |
i won't deceive you, fish farming is not easy. when i started mine, i ran at a loss for a while until i found a mentor who put me through. business is business; to be successful in any business the same principles apply...no let person deceive you find out the basic principles for success in any business venture you want to go into http://www.worryfreeworker.com/index.php?option=com_wrapper&view=wrapper&Itemid=53 |
Re: Is Fish Farming As Lucrative As People Make It ? by excelsiorfarm(m): 11:18am On Dec 24, 2012 |
i read d thread & i understand that analysis can be made base on what u perceive you see.first ponds as earlier mentioned is fix cost i.e if properly done,u dont have to reconstruct it in subsequence years.d cost of feeding entirely depend on if u lack ideas/have ideas.To butress this if u formulate unpalatable local feed,few will be consump & since more than 95% dont float,it sinks,dissolve & waste,hence increasing d time of growth & money spent. |
Re: Is Fish Farming As Lucrative As People Make It ? by ayosat(m): 12:03pm On Dec 25, 2012 |
Using this opportunity to wish everyone MERRY XMAS and prosperous NEW YEAR. 1 Like |
Re: Is Fish Farming As Lucrative As People Make It ? by MarcoP: 5:31pm On Jan 12, 2013 |
Good thread I must confess. Even as a green horn I have learnt a lot already. @ Olayiwola Farms, well done. I will contact you. @gzib, thanks for d analysis. @ Netagric, pls what sizes are available for this collapsible polygon tank, and what are their capacities. Where is d showroom for physical inspection? U can email me: aosuma@yahoo.com. Does anyone know a good fish farm around Ijoko/Sango/ Itoki where I can go for hands-on experience, and also buy juveniles from? |
Re: Is Fish Farming As Lucrative As People Make It ? by fm7070: 9:29pm On Jan 12, 2013 |
Fish business is lucrative, but not as profitable as people claim it is. Firstly, you must be ready to learn the basis of it, because there are factors that either make you gain or lose. Such includes: Infection: Infection can retard the growth of your fish, they will be eating but will not grow. As a farmer, you have to be observant aand also watch the reaction of your fish, examine them when you drain their water. One symptom of infection is when you see most of them turning whitish, know that something is wrong and use antibiotic immediately Spacing: Fish need space, most people think the profitability depends on the number of fish you stock. No! It is better to understock your pond than to overstock. When your water start smelling within 3days of changing water, know that you have overstocked. If you notice this, the solution is to either reduce the number of fishes or change the water daily. Fish enjoy fresh water, they eat better and swim better in clean water. If you can maintain clean water at all times, you will see magic in the growth of your fishes. Sorting: Sorting is also very important. Fishes have dominiary attitude, whereby the bigger ones oppress the smaller ones with their weight and size, the smaller ones are afraid of the bigger ones and as such will not struggle with them when food is served. As a result of which they will either be starved to death of have very little to eat, thereby resulting to stunted growth. Solution is that you have to keep fishes of similar size in same pond e.g. 200-250grams in same pond, 300-350grams in another pond. if you keep 250grams and 500grams in same pond, the result is that the big one will be growing bigger while the small ones will have stunted growth. Feeding: Feed with good quality floating feed in first 12 weeks, then you can switch to locally palletised feed for weight. I can recommend Coppens or Durantee Feeds, they are good floating feed In conclusion, get practical training if you want to go into catfish farming as business 1 Like |
Re: Is Fish Farming As Lucrative As People Make It ? by integrityfood: 3:00pm On Jan 16, 2013 |
Mashkov: @ OP, I read your post and wish we can work together. Indeed, i want ot commence operation in Feb that is next month. because of the fear of practicing ignorant, am employing more than noe consultant to help me out with vital n best management practice till i sell my first stock. i am possitive that I will make it. i am in Lagos and my number is 08025669642 ot integrityfood@gmail.com. |
Re: Is Fish Farming As Lucrative As People Make It ? by integrityfood: 3:36pm On Jan 16, 2013 |
Pls I need a fish farm where I can have practical experience as I want to start the business on full time basis. I am in Ikorodu by Shagamu border ( Ita iluwo) My number is 08025669642 or integrityfood@gmail.com. I will appreciate if you offer my the chance to learn in your farm. Again, because of drainage and space economy, am interested in the re-circulatory pond system. Pls is there any farmer in the house using this re-circulatory system? I will love to visit you and see how it work and work out the modalities how you can install for me. What and what are required for re-circulatory pond system? Thank you |
Re: Is Fish Farming As Lucrative As People Make It ? by aquatic1(m): 3:40pm On Feb 07, 2013 |
Hello catfish farmers or intending farmers, our fingerlings and juvenile about 30,000pcs is available for sale at a very reasonable prices, fingerlings ranging from 3gram to 4gram, and average length of 3cm to 4cm and juvenile ranging from 5grams and average length of 5cm to 7cm. The fish are produce from a broodstock weighing (male 1.5kg) and female ( 1.8kg), they are produce in a quiet hatchery and they are feed well to meet a good standard, they are healthy and fast growing fish. You can make a booking with us now. Home delivery is available within or outside lagos. Large quantity attract a discount For more information, call 08053018934 or 07089391123. Or send an email to araratnigeria@gmail.com. You can also check our information blog www.araratnigeria..com or website www.araratnigeria.gnbo.com.ng, or ping us 25F845B8. Or visit oloruntoba estate ilepa, by sango otta ogun state. A trial will convince you. |
Re: Is Fish Farming As Lucrative As People Make It ? by manny4life(m): 4:32pm On Feb 07, 2013 |
Anyone familiar with the Recirculating Aquaculture System? |
Re: Is Fish Farming As Lucrative As People Make It ? by excelsiorfarm(m): 6:24am On Feb 08, 2013 |
manny4life: Anyone familiar with the Recirculating Aquaculture System?yes, but i would recommend u visit durante at challenge area of ibadan(the makers of durante fish feed),they are vast in it and will show u a model and what will best suit your need.Though u have to understand that the system is expensive and expensive to run because u need light i.e.electricity.all the best |
Re: Is Fish Farming As Lucrative As People Make It ? by naijacutee(f): 12:28am On Feb 09, 2013 |
Wow, what a great informative thread! Now following! |
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