How to start fish farming business in Nigeria.

How to start fish farming business in Nigeria.

Fish farming business is one of the most lucrative businesses in this era of agriculture. Fish farming has never been given this much attention as it is this few years.

Most people said it is because our villages are gradually becoming cities and town. Those who were known to be fishermen are charging with the trend of business as it is supposed to be.

What is fish farming?

Fish farming is the production of varieties of fishes or a specific type of fish for consumption. The farmer in control of the fish farming business has a big responsibility of caring for the fish.

Unlike the normal free fishes that feed by them and take care of them self. The feeding and medication are control by the farmer.

Why fish farming business?


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Very popular: It is no News that Fish farming business is one of the most widely asked on how to start up and manage.

Fish farming is considered as the second most practices type of farming after poultry farming business.

The consumption of fish created way for its popularity, it is said that almost every bars (where people go to eat and drink while releasing) sells fish pepper soup.


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High source of protein: Fish has high source of protein because it don’t have any by product. They convert every feed they get into meat thereby preserving a lot of protein.


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Marketable: Fish has high consumption rate because of this it is not just cultivated and consumed in the country it is also exported to other countries generating foreign exchange to a nation.


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Fast maturity rate: Fish has a very fast maturity rate of about less than six month, depending of the breed.


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Great source of Omega-3 fatty acids: Fish is a great source of Omega-3 (oil) fatty acids; the omega 3 oil is very good for the liver and it also go some length in nourishing human body.


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Fish farming his highly profitable: Fish farming is highly profitable; from my own statistic 65% of people that cook daily include fish to the food.

Fish farming does not take much to manage; the by-product (dump) can be used as feeds for fishes.


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No environmental vulnerability: Unlike poultry farming where people will have to keep-up with the smell of the farm, fish farming does not smell and it won’t disturb the environment.

Challenges in fish farming business


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High sensitivities to management: fish are very sensitive to management and should be give extra attention.

Their life style in water would not give us clear view to notice on time what could be wrong.

The farmer has to be careful and be sure of the way he manages the fish so that it won’t result to stunted growth of the fish, which will result to loss.


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Capital intensive: setting up fish farm is capital intensive more than poultry farming setting up fish farming require more planning and capital.

Setting up a relatively small fish farming business will take a few hundreds of thousand while setting up a major farm will cost a million or two.

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Highly priced: due to the high cost of production, fish production from the farm is placed higher than the once caught from the rivers and ponds by fishermen.

If the supplies of fishermen fish are high in the market you might find it very hard to make a good numbers of sales. Knowing that theirs will be very cheap and we just can’t compete with them.


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No byproduct: throughout the whole production of the fishes we had no byproduct. Unlike poultry were their byproduct can be sold out for extra income to the farm.

In fishery all you get if the flesh, you will have to wait to the end to be able to get a thing from your farm.

Classification of fishes

Fishes can be classified based on two things (i.) their habitat (ii.) their structure

Classification based on of fish habitat: under this classification two group exist.

Fresh water fishes and salt water fishes.

i.. Fresh water fishes are fishes that lives in fresh water i.e. the water that does not contain salt. Examples of fresh water include pond, stream, river, lakes.

Examples of fishes in this group are tilapia, carp, perch, trout, mudfish etc.

ii.. Salt water fishes are fishes that live in water containing salt such as lagoon sea and ocean. Examples of salt water fishes include salmons, mackerel, shark, tilapia, rays, eels etc.

Classification based on body structure: under this classification two group also exist.

i.. Bony fishes: These fishes possess bony skeletons. Examples include tilapia, mudfish, carps, trout, catfish, salmon, perch, herring majority of these fishes are found in fresh water.

ii.. Cartilaginous fishes: These fishes possess soft bones composed of cartilage, majorities of these fish are found in salt water and examples include shark, dolphin, dogfish, rays.

Factors to consider before choosing a type of fish to farming.


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Growth rate


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Time of maturity


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Ability to withstand diseases


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Ability to withstand and weather


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Growth rate: Just as how farmer are always following up their union and club to know which specie has the best growth rate, so also fish farming.

Not all breeds grown on time, it will be nice to ask your superior in the fish farming business to give you this tip.


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Time of maturity: Not all fish mature same time that’s why you should try to go for specie that mature on time.

Not all maturity will favor you. If the growth rate is not favorable and the maturity rate becomes favorable, you will have a stunted growth product which can be regarded as loss of investment.


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Ability to withstand diseases: This fish farming business is your money and you won’t want anything to make you loss all your hard work and investments not even disease.

You will have to be wise when making you choice in which of the types of fish to farm. Go for fishes that can withstand diseases. Example is catfish.


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Ability to withstand any weather: Most fish finds it difficult adapting to all weather, the farmer has to take this as one of the major factor in selecting a type of fish for his farm.

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Requirement for starting fish farming business


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Dam


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Core trench


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Distribution channel


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Spill way


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Monk


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Boards


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Screens


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Dam slope (inner or outer)


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Dam: This is a large area of ponds that holes water. It ensures the availability of water in the pond.


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Core trench: This is the excavated area of the pond. It consolidates the wall of with stones and cements.


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Distribution channel: This is the area which helps to introduce water in to ponds. Water is distributed to all the sections of the ponds until it gets to a particular volume. Fertilizers can equally be mixed up with the water and distributed together.


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Spill way: This is the passage of water to flow over or around the dam. It is position at one end of the farm. It uses wire-meshed or wood screen.


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Monk: The monk regulate water level automatically in the pond. It helps in the discharge of water from both the surface and the bottom. It has vertical low and horizontal culverts or pipes. They are constructed with concrete.


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Boards: These are structures which regulate the flow of water. They are made up of desirable wood and also hold water inside the pond. They are fitted at the central of middle of the slabs at the gates.


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Screens: These structures help to prevent the entry of undesirable species of fish into the pond. They also prevent fish movement out of the pond.


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Dam slope (inner or outer): This helps to regulate water movement into and out of the pond. It also ensures the availability of water in the pond. It is usually constructed at the beginning or at the ending of the pond.

Maintenance of pond for fish farming business

To ensure high fish yield and availability of fish in the pond in is necessary to ensure:


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Regular feeding: The fish must be feed twice daily from selected points. Supplementary feed in form of compound feed should be given in sufficient quality to ensure rapid growth and early maturity of the fish.


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Deweeding: This is the removal of weeds form the pond. It allows the dissolution of oxygen in water, the penetration of sunlight to the bottom of the pond which will promote the growth of the fish food. It also prevents the building up of pest and diseases.


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Desilting: This is the removal of silt or prevention of silt from entering into the pond. Desilting makes the water to be clean, promotes easy movement of fishes within the water and also prevents pollution of the water.


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Aeration: Aeration enables oxygen to dissolve in water which is required by fish for reproduction.

Fishes usually come to the surface of water due to lack of oxygen in the water. Weeds, excessive organic manure, overstocking e.t.c. Prevent propel aeration in the pond.

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Constant supply of water: The pond should always be filled with water and any leakage should be repaired.


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Control the predators: Predators like birds and snakes should be prevented from entering the pond else they will eat up the fish in the pond. This is done by keeping the pond surrounding clean.


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Prevention of disease: Disease should be prevented as this could kill all the fish in the pond. Adequate feeding, stocking, temperature, manuring, weeding etc. helps to prevent disease.


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Regular application of fertilizer: This should be done once a month to promote the growth of fish food in the pond.


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Regular harvest: This is necessary to prevent overpopulation, outbreak of disease and cannibalism.

Periodic or total harvesting could be done six month after stacking, using next or by draining of the pond.

AFTER HARVESTING WHAT NEXT

Give your tithe: don’t be surprised we teach everything good here. Hope you know that the spiritual controls the physical? We should source for spiritual backup in everything you do.

Keep to one believe; don’t let your mind to fluctuate like EUR/USD in binary trade. Your god will see you through.

In every business even in fish farming business give your tithe to clear way for more success next farming season.

Market your fishes: marketing of your product will not be a difficult task at all. Most bars, restaurants and hotels offer point and kill for their customers.

The customer will be lead to the fish mini-pond to select which of the fishes he will like to buy before the bar owner will kill the fish, prepare if for the customer.

Preserve for sell or use: You can decide to sell your product letter after harvest thereby commanding extra income.

To be able to sell your product after harvest you will have to preserve if in a way that it will retain its have some value.

Fish are been preserved in the following ways.

Salting: this is the application of salt on fish. It prevent the growth of spoilage or ganisms

Smoking: this is drying of fish over naked fire. It reduces the moisture content and increase the taste of the flavor of the fish.

fish farming business

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Sun-drying: this involves the drying of the fish using heat from sun in this process fish can only be stored in a short period.

Freezing: this involves the use of cold storage like refrigerator and deep freezer to store to store fish over a long time. From here fishes are taken to the market as iced-fish, which is very common in the market today.

Canning: this involves storage of processed and consumable fishes in cans under specify conditions for future consumption. A very good example of this is sardine.

Hope this fish farming business guide was helpful, try to do what it take to achieve success in all you do.

Don’t forget an average million has nothing less the seven source of income. Create multiple sources for your self today and call yourself a millionaire tomorrow.

Thanks.

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Updated: April 26, 2018 — 12:40 am

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