It is no doubt one of the top business ideas to start in Nigeria.. Now, if you want to enter into fish farming business, or you are already into this business and looking for new tips on how to improve it, then you’re in the right place. However, it shouldn’t be too shallow. So, fish and fish-related products have great demand all over the world. Kisan Diwas 2020: Considering the increasing consumption of meat and fish in the country, fisheries are adopting new techniques to boost production. Capital Capital is a factor of production and the most important thing you are going to need and have in starting up fish farming in Nigeria. HOW TO START A FISH FARMING BUSINESS IN NIGERIA (DETAILED GUIDE) – ZIGIHOW.COM.NG Fish Farming In Nigeria. Evaluating profitability. I will be endeavor to make this article as detailed as possible and hope that other experienced fish farmer will add to it as we try to answer people’s questions by commenting. This article will outline how to start the tilapia fish farming business, and the tilapia fish farming business plan – PDF, Word and Excel. The main advantages of farming … Fish farming in Nigeria offers great possibilities and large-scale production can also be used. Once you have your pond or container setup, get your juvenile fish and some fish feed to start. There are types of fish pond seasonal fish pond and permanent pond. The New Farm Start-up Guide helps prospective new farmers explore the passion, interest and skills they bring to a new farm operation. Also, starting a fish farming requires an intensive startup capital and knowledge on how to run the pond. The first thing in any business is to create a business plan. Large scale producers cater to growing fish to sell in national and international markets, Fish cultivating supplies form a requisite backbone for the aquaculture & pisciculture business. Starting a Fish Farm: Starting a fish farm in India is not so easy. Before starting fish farming, it is important to check if you have sufficient resources and time to invest in this business. In a seasonal fish pond, water can not stay for the whole year. All the cost is estimated to worth $7000. Evaluate the current market and see if there is room and demand for a new fish farm. Since we now have good background knowledge of what fish farming is, let’s proceed to the steps to starting your fish farm. However, intensive fish farming is when the company utilizes smaller tanks to raise the fish in. I compared water with oxygen in my above analogy. If it’s for a small scale Catfish farming business, then you can use a space as small as 1.5 square metres by 1.5 square meters. Depending on how big your goals are, half an acre is enough for an average fish farm. If your land is bigger, you can make more then one pond, and farm different fish in them, for example. We can’t do a commercial fish raising business without a pond. Let us what are the advantages of raising fishes. Tips for start fish farming. This includes the production of ornamental fish, fish for human consumption (fish food) and recreational fish that are stocked in public ponds and lakes. Learn about the modern technical method of risk assessment and as well as risk management. Without a fish pond, you may not be starting the fish farming business. How to Prepare Fish Pond: The most important infrastructure of the fish business is a pond. Piece of Land: You would unavoidably need an area of land to start your fish farming business, but it all depends on what you can afford. Set up a Tilapia Fish Farming Business Plan and Budget It is important that you draft a business plan for your business to include all the goals and objectives you have for your business. The guide will help pose the relevant questions when building a farm business management plan. You should also make a budget that would consist of all the items you would need to start up, feed and maintain your business until the fishes are ready for harvesting and sales. You’ll have to choose the kind of fish production system. The investment . A lot of people consume fish and fish products, and this is why fish business could be extremely profitable. Important aspects to consider are supply and demand, capital costs, operating costs, legal aspects and production capacity. For setting up a profitable fish farming business, you have to go through some procedures. Cold-water fish such as perch, bluegill and bass are ideal for outdoor ponds in climates with a cold season. How to Start a Fish Farm 1. Intensive fish farming — here a lot of refined management techniques applies to optimize fish production. How to start Fish Farming? If you can, it is always better to buy a bigger land, so you have a choice when making fish ponds. If however you’re starting fish farming in Nigeria as a big business venture, then, you’ll need a strong well or bore hole and water storage tank. Choose water from a reliable source. Decided to have polyethin cover to avoid seepage, aireater ,air compressor ,high quality balanced artificial food for fishnd planed to stock 40000 (fortythousand) fingerlings of Katla fish. The design of pond is depending on the land, location and fish species. I have shortly described various steps of fish rasing in India. Recently he's decided to start his own fish farm. Up to the present time, we have seen many literature on this topic but none of them really say much on how to start the fish farming business. Before starting fish farming, it is important to check if you have sufficient resources and time to invest in this business. Starting a fish farming has lots of advantages. To start a simple home based fish farm you will need to dig a fishpond or gather some fish tanks or containers for indoor fish farming. How to Start Fish Farming in Nigeria. There are so many information on the internet on how to start fish farming in Nigeria especially catfish farming but few are detailed enough to really assist aspiring fish farmer to get started. Ensure that the shallow end is approximately 50 cm. Test the water before you start fish farming both chemical and bacteriological. The cost of starting a fish farm in Zimbabwe is calculated based on the cost of land, cost of fish purchased, cost of construction, cost of equipment, cost of borehole installation. Warm water fish such as tilapia can be grown in an indoor fish farm or outdoors in mild climates. To start an aquaculture business in South Africa with the aim to produce freshwater fish, new fish farmers will need plans, skills, a suitable site and the right fish farming system suitable to their environment. There are so many information on the internet on how to start fish farming in Nigeria especially catfish farming but few are detailed enough to really assist aspiring fish farmer to get started. Let us discuss about how to start fish farming business. In case you are having a heavy financial budget, you may consider starting your own fish farm now. Why you ask, would he become a fish farmer? Thousands of people have joined the agricultural industry because of it’s lucrative and profitable features. You can also prepare the design of fish pond before start its construction. This estimation is based on medium scale. Fish Farming meets demand and provides employment. Important aspects to consider are supply and demand, capital costs, operating costs, legal aspects and production capacity. Extensive fish farming means that the company that raises the fish uses large ponds to raise them in. To many, starting fish cultivation business is a difficult task while others consider it to be a simple task. Fish Species. Just like you, your fish needs a comfortable place to live. Fish is a source of food cum protein for both humans and animals. Kisan Diwas 2020: How to Start Fish Farming – Kisan Diwas 2020: Start fish farming in less space and less water, learn complete details. Since there are different cultivars of fish, then it is very necessary you define the type or varieties of fish you’ll be rearing. More on commercial catfish production in Nigeria are discussed here. There are several fish species around the world but note that not all of those species are reasonable for farming due to the unique weather and climate country. You need space. While looking for starting fish farming business you must understand the fish farming setup here we have given the detailed fish farming setup. Choose The Right Fish Pond or Plastic Tank for Housing Your Fish. Trout and tilapia can be raised in a vinyl-lined pool. To be successful the passion and interest must be guided by modern business practices and a comprehensive farm business management plan. 1.Tips For Start Fish Farming (1)Evaluating profitability. Fish farming has a significant role in the economy. Tilapia fish farming is a lucrative business, providing income for millions of people, but there are some essential things you need to do before you venture into the tilapia aquaculture business. Extensive fish farming — where you use natural water sources and natural food sources for farming. I'll tell you, he's been out fishing on many occasions to places where the fish were few and far between. These fish live a somewhat natural lifestyle because these ponds have their own ecosystem, and the fish eat from that. I am in planning to start fish farming at my farm with 200ft*40*6ft area pond. Tilapia. Any land will do, so try and find it cheap and buy it. I’m starting a new series that will be published on this blog over the next few weeks; the series is aimed at helping you start a successful commercial catfish farm with significant profit margins. Experts say that commercial and sport over fishing and environmental changes are the reasons for the fish disappearing. value and operational prices are higher. Fish farming is a fastest-growing food production segment in the world. You can build the fish pond in a waterlogged area where you can have easy access to water, or you can even use a water tank. The Requirements For Fish Farming In Nigeria 1. Fish is a protein-rich, tasty, and healthy food with low cholesterol. 24/12/2020 by Sonya. Fish farming business is one of the businesses an entrepreneur that is trained can easily start and generate huge returns on his or her investment within the first business cycle, simply because of the demand for fish. Here I’m talking about housing your fish. Advantages of Fish Farming. Productivity tends to be higher in a shallow pond. At one time, these secret fishing spots were stuffed full of fish. This isn’t based on theory, but is based on my experience running a successful commercial fish farm on a 1-acre piece of land in Aloba, Bakatari, Nigeria. Essential Aspects of Fish Farming Three aspects are essential before commencing with such an aquaculture venture. Evaluating profitability Before starting a fish farming business, it's crucial to examine whether you have the resources and time to devote to this venture. It is a very crucial part of setting up your business. Your municipal supply water would be fine. Step By Step Plan On Fish Farming Business Plan. All you have to do is to cut the water tank in the middle to create a small round fish pond. Since you are starting the fish farming in Nigeria with a small number of fishes, the size of the fish pond will not be big. SUMMARY. 1. Shape and Size. For quick turnaround, grow catfish -- a large fingering reaches 16 ounces in five months, according to Mother Earth News. You must not be a millionaire before you set up a fish farm, the main thing is to start small and with time you can expand further to a fish pond . (0.5m) Capital for Fish Farming. Find the qualified suppliers for fish eggs, fingerlings and fish feed which is very crucial in the fish farming business. Important aspects to consider include supply and demand, capital costs, operating costs, legal aspects and production capabilities. I will be endeavor to make this article as detailed as possible and hope that other experienced fish farmer will add to it as we try to answer people’s questions by commenting. Varieties Of Fishes. So, if you are thinking to start a fish farm than it is advisable to raise Catfish, salmon, Tilapia, Tuna are some example most profitable fish to farm. To start your fish farming, you should follow these steps. 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