₦airaland Forum

Very lucrative as a father Christmas if you are not ready to give all your time and attention. Ensure you have adequate source of water and steady supply of feed. The profit margin doesn't really match the investment of money, time and brain power.

I have been learning and rearing catfish for personal consumption, gifting them to family, friends and neighbors. I currently still hold over 300 catfish going to 10 months now

Goodnewsforlife:
There are 3 farming businesses I can never dabble into


Fish farming
Rearing 6 weeks broilers for sale during festive period.


For fish farming, a very great problem is that u must have time n b highly observant n u must like stress because.


U must check d fishes at least 3 times in a day, note that I didn't tell u to entrust farm workers with it cos them go steal from u tire n most times the farm workers are not highly observant.

As regards d highly observant part, u must know when they aren't taking d food n once u realize the water isn't bubbling again there's problem.

As regards d issue of stress, u must b ready to sort them cos cannibalism is very real in fish farming n d bigger ones will always eat d smaller ones, if u don't sort in time your 1000 stock can reduce to 300 before harvesting.

And another one is d issue of feed, it skyrocket everyday.......when I was working as a farm supervisor, I just Dey pity people anyhow cos there will always b complains n losses everyday for jjc farmers but established farmers have mastered it well.


As regards rearing birds to sell at festive period, u will buy very expensive feeds, feed them for 6 weeks n u will b forced to raise the price to see your money.....if devil wan punish u make u no see everything sell during festive period, then the rest automatically becomes a loss because u have to keep feeding them n the price would have dropped.


E.g if u sell one for 25k during festive rush hour, after festive rush hour n u keep feeding u will beg to sell it for 15k cos u will b tired of feeding them n u will just want to sell it any amount.


As an experienced farm manager, the best farming is livestock farming

Either
Piggery
Cattle
Goat farming
Sheep n co

Just don't expect money in d next 3 years of starting, meaning u must have other sources of income but I tell u that after 5 years of consistency u will b a multimillionaire

Very good. Please what did you have to say about rabbitry ? Thinking about starting one

It use to be a good business before Tinubu came into adminstration,I have been doing for like 10yrs now but I paused for now cos
1.feed is just too expensive
2.end users are not patronising any longer it's too expensive for them
3.electricity bills wan kill me
4.fish expected to sell off in space of 4months will eventually be sold off 6months at a very reduced rate or you sell on credit so that fish feed will not kill you.
Summary
It used to be a very good business mostly it's serve as a back up finances for me.
But for now,don't venture until miracle happens.

Goodnewsforlife:
There are 3 farming businesses I can never dabble into


Fish farming
Rearing 6 weeks broilers for sale during festive period.


For fish farming, a very great problem is that u must have time n b highly observant n u must like stress because.


U must check d fishes at least 3 times in a day, note that I didn't tell u to entrust farm workers with it cos them go steal from u tire n most times the farm workers are not highly observant.

As regards d highly observant part, u must know when they aren't taking d food n once u realize the water isn't bubbling again there's problem.

As regards d issue of stress, u must b ready to sort them cos cannibalism is very real in fish farming n d bigger ones will always eat d smaller ones, if u don't sort in time your 1000 stock can reduce to 300 before harvesting.

And another one is d issue of feed, it skyrocket everyday.......when I was working as a farm supervisor, I just Dey pity people anyhow cos there will always b complains n losses everyday for jjc farmers but established farmers have mastered it well.


As regards rearing birds to sell at festive period, u will buy very expensive feeds, feed them for 6 weeks n u will b forced to raise the price to see your money.....if devil wan punish u make u no see everything sell during festive period, then the rest automatically becomes a loss because u have to keep feeding them n the price would have dropped.


E.g if u sell one for 25k during festive rush hour, after festive rush hour n u keep feeding u will beg to sell it for 15k cos u will b tired of feeding them n u will just want to sell it any amount.


As an experienced farm manager, the best farming is livestock farming

Either
Piggery
Cattle
Goat farming
Sheep n co

Just don't expect money in d next 3 years of starting, meaning u must have other sources of income but I tell u that after 5 years of consistency u will b a multimillionaire

How about snail farming, do you know anything about that? I'm thinking about starting it since we have snails in our banana plantation. Also want to start layers too, maybe start with 5-6 layers and see how it goes.

WowSweetGuy:
Very Lucrative talking from experience.

Incase you are thinking to invest in fish farming, my family have one big fish farming which can also contain piggery hatchery and so.. It have 3 earthing ponds and accomodation with ofc boreholes and a large steel overhead tank inside about 6plots of land.. Nobody using it now as we are all busy with other things in our life. So if interested you can contact me or come check it out... We are willing to give it out on rent at a cheap price or just buy it off. Location is at orozo/loko abuja just near the road. You can quote me if interested. Thanks

i'm interested in this, do reply me.
My WhatsApp number is on my signature

Jhoneyman:
Very good. Please what did you have to say about rabbitry ? Thinking about starting one

Rabbitry is very good. Rabbit meat is getting popular and you can make money if you can locate your customers. Also, feed for rabbits are all around us. You cant go wrong with rabbits. The grass is available to feed them in both dry and rainy season. Rabbit pellets are not too expensive. Yam peels, plantain peels, Maize shaft ( Efo Ogi ) , rabbits eat many things that are cheap to source. I plan to start rearing rabbits by the end of this year.

Orissodiq:
Very lucrative if you have money..
It's a business of time, money, and attention

is there any business that doesn't require time money or attention

Will like to contact u on this bro, kindly share your whatsapp contact

WowSweetGuy:
Very Lucrative talking from experience.

Incase you are thinking to invest in fish farming, my family have one big fish farming which can also contain piggery hatchery and so.. It have 3 earthing ponds and accomodation with ofc boreholes and a large steel overhead tank inside about 6plots of land.. Nobody using it now as we are all busy with other things in our life. So if interested you can contact me or come check it out... We are willing to give it out on rent at a cheap price or just buy it off. Location is at orozo/loko abuja just near the road. You can quote me if interested. Thanks

bobonla:
My brother, tie ur belt very well. Cause only the fish feed alone can make u run mad.

That's if his workers don't steal him blind first.

youneedjesus:
I desire to do something extra and diversify and i am currently thinking of going i to fish farming. How lucrative is fish farming. What are the challenges. WHAT is the prospect.

Are you in port harcourt? If you are in Port Harcourt then let me know, I was once a fish farm manager

Goodnewsforlife:
There are 3 farming businesses I can never dabble into


Fish farming
Rearing 6 weeks broilers for sale during festive period.


For fish farming, a very great problem is that u must have time n b highly observant n u must like stress because.


U must check d fishes at least 3 times in a day, note that I didn't tell u to entrust farm workers with it cos them go steal from u tire n most times the farm workers are not highly observant.

As regards d highly observant part, u must know when they aren't taking d food n once u realize the water isn't bubbling again there's problem.

As regards d issue of stress, u must b ready to sort them cos cannibalism is very real in fish farming n d bigger ones will always eat d smaller ones, if u don't sort in time your 1000 stock can reduce to 300 before harvesting.

And another one is d issue of feed, it skyrocket everyday.......when I was working as a farm supervisor, I just Dey pity people anyhow cos there will always b complains n losses everyday for jjc farmers but established farmers have mastered it well.


As regards rearing birds to sell at festive period, u will buy very expensive feeds, feed them for 6 weeks n u will b forced to raise the price to see your money.....if devil wan punish u make u no see everything sell during festive period, then the rest automatically becomes a loss because u have to keep feeding them n the price would have dropped.


E.g if u sell one for 25k during festive rush hour, after festive rush hour n u keep feeding u will beg to sell it for 15k cos u will b tired of feeding them n u will just want to sell it any amount.


As an experienced farm manager, the best farming is livestock farming

Either
Piggery
Cattle
Goat farming
Sheep n co

Just don't expect money in d next 3 years of starting, meaning u must have other sources of income but I tell u that after 5 years of consistency u will b a multimillionaire

Insightful.

As an experienced Farm Manager, what about grass cutters farming and snailery which I once read don't eat much?

Emmy000seun:
It very lucrative..but you need to approach it in two ways,..you can sell the live ones on bulk, and secondly try and get a smoking oven,so that in case or still, you can b producing smoked fish too, if d fish die for pound you can easily smoke it and recoup your money.

Smoking in an oven is a good way to add value to the fish for localized consumption and export.

This is my explanation of the profits in fish farming [url]How much does it cost to raise 1000 Catfish

https://www.youtube.com/watch?v=NiOXkqdb4LA[/url]

Dogalmighty17:
I won't say it is very lucrative or not. There are things you need to know.

FIRST THING!
Go and learn everything that has to do with the business. From seedling sourcing, feed types and sizes, treatments and ofcourse market disposal.

You must know how many bags of feed needed for 1000 fish, when to introduce bigger feed sizes and ofcourse what to do when fish aren't eating.

Equally very important is the quality of fish you are stocking. If you can, try stocking first grade seedlings as much as possible. Some wicked hatcheries will sell you runts or third grade seedlings. Anything beyond grade one or two will bring you looses. Only patronise proven hatcheries.

Catfish business is an on-ground-in-person business. You have to be actively involved with the business. See and know everything by yourself. You can't trust anyone to handle things for you except what you delegate.

Generally, by 5 months your fish should be averaging 1kg each. Then you are ready to sell. Do everything you can not to sell on credit. Go to the biggest fish market in your area and ask for the most reputable buyer they have. Tell them you have fish available and you are not selling on credit. It is pack and pay.

Of course you should know how much a kilo of fish is before you go to the market. So that you don't get short changed.

If you need to know anything else about the business, send me a message. I have stocked 10,000 fingerlings severally. I have learnt a thing or two

Interesting insights.

Go and learn everything that has to do with the business. From seedling sourcing, feed types and sizes, treatments and of course market disposal.

You must know how many bags of feed needed for 1000 fish, when to introduce bigger feed sizes and ofcourse what to do when fish aren't eating.

ProudlyLagos:
Well I’m also a livestock farmer basically into poultry, fish and pig and every aspect of it has it own challenges but one thing I can assure is that, if they are properly managed and given the needed attention then you would make your money

Let me focus on fish since that’s what the op is interested in…first you need a constant and reliable source of water, get a sample and take to the lab to have it tested and make sure it doesn’t have a high volume of iron in it.

Then you choose the type of pond you intend using, we have the earthing pond, and the artificial pond such as tapolin, storage tanks or the like depending on the one you chose to use and also make sure the place is well secured from predators and theft.

You will also need lot of funds cause fish farming is very expensive and their feed is still the most expensive amongst all categories of livestock farming.

You also need to be sure of what you want to achieve from the fish farm, and set a target, for table size which take an average of 5/6 month if well fed or melunch size which weights from 500gram and above and takes about 3/4 and you can sell them off, note this sizes are usually the sizes they dry and sell in the market.

And like someone advised, try and get a oven/dryer, if will help you process the mortality because trust me, you should set your mind for that which will happen from time to time but it must not be frequent or else there is a problem with your water and you have to also change the water in the pond atleast every 2 days.

And lastly consult a professional before you start so they can guide you all through the process. I’m into processing of catfish and sell them dry which is another option, this saves you cost of feeding them till table size and also more profitable if you export them….anyways all the best

Impressive takes.

You will also need lot of funds cause fish farming is very expensive and their feed is still the most expensive amongst all categories of livestock farming.

Aroyjunior:
It use to be a good business before Tinubu came into adminstration,I have been doing for like 10yrs now but I paused for now cos

1.feed is just too expensive
2.end users are not patronising any longer it's too expensive for them
3.electricity bills wan kill me
4.fish expected to sell off in space of 4months will eventually be sold off 6months at a very reduced rate or you sell on credit so that fish feed will not kill you.

Summary
It used to be a very good business mostly it's serve as a back up finances for me.
But for now,don't venture until miracle happens.

Deep insights.

Isn't there an alternative and cheaper way to cut the total cost of making fish feeds?

Konquest:
Deep insights.

Isn't there an alternative and cheaper way to cut the total cost of make fish feeds?

The machine for making fish feed is expensive from china, most especially for fingerling feeds(very tiny). In all of this, I rather invest in fish feed manufacturing than farming. It's very profitable.
I tell you this, manufacturing anything is the bomb(no loud am)👌📌💯. People will work(buyers) for you.

Konquest:
Deep insights.

Isn't there an alternative and cheaper way to cut the total cost of make fish feeds?

Bro,with my experience so far I have never improvised before but I learnt there are ways to make formulation on your own,but the deal is when making formulation and there is a error in the formulation everything goes back to the fish.
And casualty in fish farming can be so disastrous.
So I always go for direct purchase of fish feeds.

realG101:
Will like to contact u on this bro, kindly share your whatsapp contact

+2348101605666. My name is Collins. You can reach me via WhatsApp on the number and 08121723320 on call

You are actually correct..if maybe in other part of d country like north has d same weather (hot sun).I think smoking by sun too can b of help..but as far as south and West is concerned if you doing fish farming it's a necessity but not compulsory to have d smoking oven..fish might die in pound it's normal but having another option for it is best ..even their is money in smoked fish than selling it live..

Konquest:
Smoking in an oven is a good way to add value to the fish for localized consumption and export.

Redman44:
Rabbitry is very good. Rabbit meat is getting popular and you can make money if you can locate your customers. Also, feed for rabbits are all around us. You cant go wrong with rabbits. The grass is available to feed them in both dry and rainy season. Rabbit pellets are not too expensive. Yam peels, plantain peels, Maize shaft ( Efo Ogi ) , rabbits eat many things that are cheap to source. I plan to start rearing rabbits by the end of this year.

GOD bless you, been looking for a mentoring like this. Will contact you later .

id4sho:
The machine for making fish feed is expensive from china, most especially for fingerling feeds(very tiny). In all of this, I rather invest in fish feed manufacturing than farming. It's very profitable.

I tell you this, manufacturing anything is the bomb(no loud am)👌📌💯. People will work(buyers) for you.

Indeed, you are wise. As the world population grows, the need for feeds and fish from aquaculture (devoid of pollution from heavy metals such as mercury and lead found in heavy concentrations in parts of the worlds oceans) will ALSO continue to grow. I appreciate your feedback here.

Aroyjunior:
Bro,with my experience so far I have never improvised before but I learnt there are ways to make formulation on your own,but the deal is when making formulation and there is a error in the formulation everything goes back to the fish.

And casualty in fish farming can be so disastrous.

So I always go for direct purchase of fish feeds.

Indeed, it's BETTER to be on the safer side until one masters the art of making these feeds because the mortality rate can indeed be very high (except there is proper use of specific devices that increase the energy fields of the water to reduce mortality).

I appreciate your first-hand knowledge and insights on this issue.

nikaShow:
This is my explanation of the profits in fish farming

How much does it cost to raise 1000 Catfish

https://www.youtube.com/watch?v=NiOXkqdb4LA[/url]

Let me save this video right away. Thanks for sharing.

Konquest:
Insightful.

As an experienced Farm Manager, what about grass cutters farming and snailery which I once read don't eat much?

as regards grass cutter, it's should b cool but I don't know how strong it is n their survival rate.

Snailery I learnt is cool n food for the rich but I haven't done it before n I can't base my judgement on hearsay

GeneralOuki:
How about snail farming, do you know anything about that? I'm thinking about starting it since we have snails in our banana plantation. Also want to start layers too, maybe start with 5-6 layers and see how it goes.

u can try snail farming

I learnt it's cool, just read about it n get real life experiences about it.

As for layers, it's good n nice but money making there isn't instant.

U will feed for months before they start laying eggs n d feed are expensive.

Just have other jobs, don't rely on only that ooo abeg

Jhoneyman:
Very good. Please what did you have to say about rabbitry ? Thinking about starting one

very good business if u can source for local feed like leaves especially mango leaves, banana leaves, water leaf n co.

If u base it on formula or buying feeds it will cost u more.

IPDGP:
Am about to start piggery, is there anything I should know

A lot bro

Read about it here, check threads here n other places n go for real life experiences offline before u start

Success boss

Zocalite:
In summary the straining economy has turned some side hussle to liability

Gone are the days when you gain from peasant fish and poultry freelance

We did when we were young like 500 fish, 200 birds and will still gain

Like last year many people just bought the zartech package chicken

Small - medium - jumbo and the jumbo was 15k

Na only big players gain from poultry

that your last line is the reality of it all


As an experienced farmer, I told my mom I will only do those listed n she was shocked

She asked me y I can't do fishery n poultry n when I told her what I saw she shock.

The reality is that with one male goat n one or two female goat, if u can rear them for good 5 years without touching them u will become a millionaire after 5 years.

That's a tested n trusted way

Konquest:
Let me save this video right away. Thanks for sharing.

You are welcome ! Happy that is is of help, I put a lot of work to it

Good morning
We are thinking of diversifying,
And i dont know how feasible it is to depend on maggots from poultry manure to raise some catfish
-most of the comments here highlight that buying fish feed is expensive by the day.
Any farmer who uses maggots to feed his/her fish can drop a brief comment
Thank you

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