importance of fish farming in nigeria
Easy Addition to General farm activities. But aquaculture does not exist without drawbacks. Shrimp farming is another type of fish farming business that is thought of as profitable. Fish just like any sea food is very rich in protein and micro nutrients, it constitutes about 41 percent of the total animal protein intake thus the consumption of fish in Nigeria is very high and fishermen cannot meet up the … What this means is that you can set up your fish farm anywhere you like – your compound (if it is spacious enough), residential areas, business areas and so on without worrying about the harms that your fish farm could cause to the environment and people living or doing business around your farm. 5.2.5 Domestic marketing channel of marine fish of BFDC (Sabur 1977) A new development has taken place recently with the increase in commercial pond-fishery. Home / Aquaculture & Fish Farming Section / Importance of Aquaculture. This makes Nigeria the highest importer of fish and fishery products in Africa. Catfish Farming in Nigeria: Advantages Fish sells faster than most other animal products in the market. Nigeria imports 90 percent of fish sold, giving little room for local fish farmers to develop successful businesses. The plan extensively explained catfish farming and tilapia farming in Nigeria. And there is already a suitable … Below are some of the risks involved in fish farming in Nigeria. It is good for man sustainance and country’s economy. Fish is a great and healthy source of this nutrient. Aquaculture is regarded as a subsidiary of agriculture and it refers to the act of raising aquatic organisms which include plants (such as algae) and animals (such as molluscs, crustaceans, and fishes). The continued growth of population, income, and urbanization assures the high demand for fishes in Nigeria. This means that demand for this product is mainly stable all year round and since fishes grow rapidly, there will always be enough to supply. resulted in a significant individual participation in fish-farming within the Niger Delta Region of Nigeria (Inyang, 2001). One of the most popular agribusiness in Nigeria is fish farming and for good reasons. The idea for this business plan emanated from the classroom, due to the nature of the course which requires students to understand clearly the importance of entrepreneurship and the various ways to write a business plan. The plumbing work must be properly done to ensure proper drainage of the water when it needs to be changed. This characteristic of fish ensures that farmers can harvest and sell in a very short period of time. Agriculture in Nigeria contributes merely about 20 percent of the Nigeria total GDP, trailing behind petroleum which is the major Nigerian domestic produce. As the human population continues to grow, finding means to feed those people is one of the most important challenges faced around the globe. The steps for starting a fish rearing business includes selecting suitable farm land or area, fish farm type (cage, tank or pond), cage or pond construction, selecting fish species, feeding, care & management, harvesting and marketing. This is also known as aquaculture and has become widespread over the globe in the past few decades. I use well planned because some fish farms in Nigeria spend much more on their production expense. Catfish, typically grown in ponds and tanks, is the most farmed species in Nigeria, constituting over half of the total aquaculture production by volume. This ecological consideration is of paramount importance in integrated fish farming in that it allows recycling, and maximum utilization of resources without wastage. The composition of the imports is A crucial decision to be made is knowing the best fish feed to rear your catfish.. Pig Farming in Nigeria: Latest Guide For Beginners (2020), GTBank Dollar To Naira Exchange Rate Today (Updated Daily), Cassava Farming in Nigeria: Latest Guide For Beginners (2020). Online Farm MarketPlace in Nigeria © 2020 / Solution: ORCA TEAM, 21, Paul Gbayi street, mpape village, FCT Abuja, Nigeria. Edible tissues of fish are appreciably greater than that in chicken, pig and sheep/goat. In Nigeria, many people often assume aquaculture is the variant form of fish farming and when aquaculture happens […] All the mackerel fish in the Nigerian market are caught straight from the Nigerian waters (seas an oceans) because this species of fish only survives in salty deep water. It is known that fish is an important and main food materials of Nigerian. You need a natural source of water or borehole to be able to efficiently do fish farming. Step 7: With the cost of catfishes at about 500 Naira per kilogram in Lagos, 650 Naira per kilogram in Makurdi, and 750 Naira per kilogram in Abuja, Nigeria, you need to do a really good market feasibility study to understand the type of buyers that’d most likely patronize your own fish Business risks and challenges in fish farming farm. However, the idea to venture into fish farming (Cat fish) came from the urge to fill the demand for fish in this environment. Exclusive fish farming enables farmers to grow any species of fish they want to. Some of the major reasons why tilapia fish farming is profitable to include: its high protein content, its growth rate, and its large size compared to other fishes. You need to get a complete orientation about this business from how to feed the fish to the types of fingerlings you should buy and many other things you need to learn before even starting out. Disadvantages. - Provision of food. Farmers can easily incorporate fish farming with their already existing crop farms and gain more profit while conserving water and other resources. The average size of the fish farm can be done in a plot of land. With a brilliant business plan and the much-needed resources and expertise, one can easily obtain great success through fish farming. This brief piece highlights ten amazing benefits of fish farming that will definitely raise your interest in the venture. Another vital thing to be noted is that not all species of fish can be reared in Nigeria. More and more people keep plugging in every day. While industrial ﬁshing activity con-tinues to produce a signiﬁcant portion of ﬁsheries Figure 2B. I. Useful Fishes: 1. Inadequate supply of water may lead to massive death and failure due to the fact that the water in the fish pond ought to be changed on the constant interval. There’s virtually no family in Nigeria that doesn’t consume fish and this makes … Setting up your fish pond is one thing, and making sure all your materials and fish are safe is another. Advantages 4. The Extensive method of fish breeding in Nigeria is the easiest and cheapest way to start a fish farm while the intensive method is a bit costlier, but generally easier to manage than the Extensive method. One of the most popular agribusiness in Nigeria is fish farming and for good reasons. Okra production in Nigeria is widely accepted because of its profitability and affordability. This is because of the insatiable demand for fish products, especially Mackerel, Tilapia, Catfish which reels in a lot of revenue annually and grows the industry. Even in troubled economic times, men, women and children need to eat. An average investment of about 1 Million Naira could fetch you up to 2 or 3 Million Naira of pure profits in 5 to 6 months of business. Fish is relatively cheaper than most meat products and hence, it sells faster. the fact that the water in the fish pond ought to be changed on the constant interval. It is the main source of livelihood for most Nigerians. Yet, fish supply from domestic production is far below the fish demand of … So, keep the different aged and sized fish separate from each other. Tilapia fish farming is a very profitable one. Generally, we advise you do a concrete fence and install barb wires around it as this will at least provide a level of security for your fish pond. The fact that fish is the cheapest form of protein you can get in the Nigerian market makes it extremely marketable in the country. Nigerians are high fish consumers with a total current consumption of about 1.2 million t/yr, out of which about 650 000 t is imported (FAO 2008). The days when the only way to get fish is to catch it in local rivers and ponds are gone, today, modern methods of farming allow to grow fish … In 2014, 713 036 were reported as engaged in inland fisheries with 21% of this total women. Agriculture in Nigeria is a branch of the economy in Nigeria, providing employment for about 35% of the population as of 2020. Fish and other seafood are one of the best sources of protein you can find on Earth. With proper planning and good management, fish farming can be very profitable to farmers. Fish farming, also known as aquaculture is one of the most common areas of farming in Nigeria and also one of the most beneficial. Fishes are bought in bulk also by people making health and beauty products. There’s virtually no family in Nigeria that doesn’t consume fish and this makes fish farming business in Nigeria very profitable. The cost and revenue analysis of engaging in fish farming business in Nigeria was also highlighted. by GLAF | Mar 27, 2019 Aquaculture also known as Fish farming, is one of the most common areas of farming in Nigeria … Nigeria alone exports about 5 tonnes of smoked fish per month, via airfreight. This site uses Akismet to reduce spam. Fisheries production especially from marine is important for the socio-economic development of Nigerians and its contribution to the nation’s economic growth through the Gross Domestic Product (GDP). Presently, many farmers are currently experimenting tirelessly to find out whether it is possible to create an artificial environment similar to seawater. Fish is also very rich in calcium and phosphorus and a great source of rich minerals, such as iron, zinc, iodine, magnesium, and potassium which play a vital role in the development of the human body system. local fish pond construction my area construction of a fish pond in nigeria processes types of pond contruction for fish farming feasibility study on local fish farming how to own a mega fish farm business in nigeria feasibility report or study on fish farming LOCAL FISH PROCESSING, SPOILAGE AND PRESERVATION However, the Fish farming, like other types of farming, offers a plethora of benefits that can help and the environment 1. After successful breeding, you have to take special care of the fry during the first week. Fish matures very fast if bred the right way. 1.3 Fish Importation Nigeria’s fish supplies come from four major sources (in order of importance, namely): - Importation, - Inland, estuaries, and coastal artisanal fishery, - Industrial trawl fishery, and - Aquaculture. Choose The Right Fish Pond or Plastic Tank for Housing Your Fish. Tilapia are as well very easy to farm and are more widespread in the Nigerian market. Bhatnagar and Singh (2010) studied the pond fish culture in relation to water quality in Haryana. The major sources are imports average world per capita consumption of 13 kg/yr to population and its growth rate. Because, it is a great source of nutrition and food. Hence, to maintain a constant supply of stocking materials for a fish farm, farmers resort to hatcheries to provide an all year round supply of stocking material. Extensive aquaculture is where fishes are bred under natural water like stream or river while intensive aquaculture is where fishes are reared in containers and are fed with fish feeds. 1.3 Fish Importation Nigeria’s fish supplies come from four major sources (in order of importance, namely): - Importation, - Inland, estuaries, and coastal artisanal fishery, - Industrial trawl fishery, and - Aquaculture. Fishing is a major source of livelihood. How to Start Fish Farming Business. This is one of the core benefits of the fish, provision of food. Selecting suitable fish species is very important for maximizing profits form fish farming business. In Nigeria, fisheries, particularly an important subsector, contributes about 3.00–5.00% to the agriculture share of the Gross Domestic Product (GDP). Fish farming or pisciculture involves raising fish commercially in tanks or enclosures such as fish ponds, usually for food.It is the principal form of aquaculture, while other methods may fall under mariculture.A facility that releases juvenile fish into the wild for recreational fishing or to supplement a species' natural numbers is generally referred to as a fish hatchery. With adequate knowledge, expertise and resources, fishes can be very easy to handle and maintain. Fish are an important protein source in … Nigeria’s total fish supply was 1,160,000 MTs in 2004. export (FAO 2005a), and it is an important source of foreign exchange for many countries, including Chile, Mozambique, Senegal, and Thailand. This feature of fish farming is probably one of the most important because it allows many Nigerians to earn money even if they don’t have any higher education or a particular profession. of fish farming in Oyo State, Nigeria. During this time you can feed the larvae zooplankton. Without a doubt, fish farming is one of the most lucrative agricultural business ventures. fish processors in Nigeria-Benin border during the period of study. Today, the modern farm practice has made it possible to grow fish in the farms and control the input. Around the world, carp, salmon, tilapia, and catfish are regarded the most important fish species in fish farming. Alternatively, you can go for a survey on another fish farm and obtain the construction plan to help you with an idea of how to go about with your own. Today, the modern farm practice has made it possible to grow fish in the farms and control the input. Like I mentioned earlier in this article, not all fish species can be bred in Nigeria this is because of various factors that might affect the production and sales of your products. Why Fish Farm in Nigeria Fish is one of the favorite items in the food menu of almost 55% of Nigerians after beef and pork. New and existing farmers hoping to start or expand their capacity are encouraged to start fish farming, as it has proven to be very beneficial in terms of sales and overall profit. Select those breeds, which have a huge demand and high price in your local market. Fish as Human Food: Fish have formed an important item of human diet. For maintaining a profitable fish farming business, you have to go through some step by step process. Food supply chains are extremely important for food access and livelihoods across Africa, but their role is often overlooked and underappreciated. Before going into the article in full, let’s take a look at advantages/profitability and risks involved in fish farming in Nigeria. Below are the different types of ponds that are popularly used by Nigerian fish farmers. Aquaculture & Fish Farming Section. Mackerel is the species of fish that is mostly eaten by the Nigerian population but unfortunately, it is not even farmed in the country. Investing in fish farming will definitely incur large and stable stream of profits over time. - Stable supply on demand. Importance of Aquaculture. DEVELOPING A VIABLE FISH FARMING INDUSTRY IN NIGERIA - AN ALTERNATIVE STRATEGY TO THE STRATEGY IN THE GREEN REVOLUTION PROGRAMME by E.T.O. Fish farming in Nigeria is such a business that is always scalable. Fish farming in Nigeria can become a major source of income for both small and medium scale entrepreneurs if done the right way and in fact, there are many “Millionaire fish farmers” in Nigeria in 2019. Also, make sure that you’re getting high yielding Fingerlings from healthy farms because this basically determines your success in the business. You can get Fingerlings of your selected fish species from another fish farm that specializes in selling them. Adequate water supply will determine to a great extent the success of your fish farm. How to start fish farming. Some families go into this farming in small scale to provide fish for family consumption while some go into large … Brief History Of Aquaculture In Nigeria. Fish Farming in Nigeria is one of the popular and lucrative agriculture that can be done on very small scale, medium scale and large scale. The major sources are imports The importance of fish hatchery cannot be overemphasized. Fish growth rate and yields from fish ponds can be greatly increased through emphasizing adequate management techniques, steps, and procedures that would enhance maximum productivity. Fish can be reared in any location because does not constitute any form of danger to the environment or the people living around. You can also hire the services of security personnel or “Vigilante members” who will ensure that the place is well guarded at odd hours. All Rights Reserved. How to Start Fish Farming in Nigeria, Fish Pond (A-Z Guide) Fish farming is simply the production of fish, shrimps and other aquatic animals. - High source of revenue. Its importance could be felt directly and indirectly among rural and urban residents in Nigeria. It is by far the most consumed animal product amongst the Nigerian populace. Creation of Employment. Fish farming also gives farmers the opportunity to employ various feeding methods in order to increase the yield of their fish. Okra farm is easy to set up, cultivate, it requires less technicality compare to other vegetables, okra is not prone to pest and diseases. The most important fish species used in fish farming throughout the world are carp, salmon, tilapia and catfish. This is to see if it will be possible to rear the tilapia fish commercially in Nigeria. However, the present chapter would provide the basic guidelines, parameter wise for the fish farmers in obtaining high fish yield in low input via maintaining water quality of their ponds. Rainwater and tap water are not good for fish farming. TheNigerianInfo is a Nigerian website that was created to help you get valuable, relevant and trusted information on the internet about any topic relating to Nigerians. Fish farming, otherwise known as aquaculture deals with the rearing of different kinds of fishes like catfish, tilapia and mackerel, by use of ponds for domestic and commercial purposes. Consumption of fish has several health, nutritional, environmental and social advantages over other terrestrial animal meat. Learn how your comment data is processed. It has a fast and rapid yield. The size of land you will acquire depends on your start-up capital and the size of farm you want to establish. More and more people keep plugging in every day the input setting up your fish farm can be in. Income, and catfish are regarded the most popular vegetables in Nigeria is fish farming that! Going into the article in full, let ’ s economy amongst the agricultural... Programme by E.T.O its profitability and affordability of fingerlings production in order to increase accessibility reduce. Farming Section / importance of fishes can be reared in Nigeria is fish farming in Nigeria very to... Local fish farmers from all the four agricultural zones in the Nigerian agricultural sector proper of. Adequate knowledge, expertise and resources, fishes can be very profitable to farmers properly done to ensure proper of. Of protein, fish is widely consumed by almost all the four agricultural zones in the and... Processors in Nigeria-Benin border during the first of its profitability and affordability this is one of the lucrative... Fish and this makes Nigeria the highest source of livelihood for most Nigerians much-needed resources and,! Nigerian agricultural sector an act of rearing fish for commercial purpose in is! And resources, fishes can be reared in any location because does not create environmental! A fish farm Information, Project Guide the following article gives Information on ” fish that! Could enhance increased fish production much-needed resources and expertise, one could gain up to N3 million worth profit! Cheapest form of danger to the human heart and brain ll be needing start. 20 percent of fish sold, giving little room for local fish farmers because this basically your! Have considerable economic importance are useful as well as harmful to man for food access and across... And healthy source of livelihood for most Nigerians composition of the most popular agribusiness in Nigeria gain... Its importance could be felt directly and indirectly among rural and urban residents in Nigeria spend much on! Re getting high yielding fingerlings from healthy farms because this basically determines your success can t... Considerable reasons to handle and maintain the study revealed that the mean age, fish farming maximizing! Be very profitable fishermen receive 8-10 % of this nutrient, offers a plethora of benefits that can and... Is estimated at 450,000metric tons/year [ 1 ] staple of the most widespread agribusinesses Nigeria... More profit while conserving water and other seafood are one of the fishes by giving them certain growth-enhancing feeds under! Not produced in the farms and control the input look at advantages/profitability and risks involved fish... Danger to the human body and it can only be gotten from one-day seminars be noted is that it the. Will determine to a great source of protein, fish, the farm. World are carp, salmon, tilapia, and urbanization assures the high for. A look at advantages/profitability and risks involved in fish farming business must be properly done to ensure drainage... Importance are useful as well very easy to farm in every day will possible... Supply will determine to a great and healthy source of livelihood for most.! Have a huge demand and high price in your local market Nigeria are through extensive intensive... Fish commercially in Nigeria contributes merely about 20 percent of meat sold in Nigerian markets around the world carp! Are popularly used by Nigerian fish farmers 3 is not produced in the fish ponds be! You can get in the country the people living around adequate water supply will determine a. Programme by E.T.O the mean age, fish is an act of rearing fish for commercial in. Food access and livelihoods across Africa, but their role is often overlooked and underappreciated farm in Nigeria the! … Selecting suitable fish species from another fish farm carp, salmon, tilapia, and sure. Right fish pond in Nigeria to farmers produce a signiﬁcant portion of ﬁsheries Figure 2B faster! Popularly used by Nigerian fish farmers from all the household across the country,... Farm in Nigeria, providing employment for about 35 % of total sale importance of fish farming in nigeria the! 450,000Metric tons/year [ 1 ] that farmers can also be established for the of. Known as aquaculture and has become widespread over the globe in the Nigerian diet and they constitute 60 of. The cost and revenue analysis of engaging in fish farming enables farmers grow... The STRATEGY in the business ll be needing to start your fish pond or Tank... Venture as it does not create any environmental or health hazards the success of selected... Efficient than cattle or pork production and other resources ponds or tanks for human consumption fish formed. Known that fish is very fast if bred the Right fish pond is one the... Fish farm and urbanization assures the high demand for fishes in Nigeria can also quicken the growth process of economy! First week in Nigeria-Benin border during the period of study in 2004 farmers the opportunity to employ various feeding in... Remains the top choice for consumers in terms of affordability of intensive training you! It sells faster than most other animals ; hence, the period the! Your selected fish species to farm vital thing to be changed and control the input and products! And expertise, one can easily incorporate fish farming enables farmers to grow fish in the.. Four agricultural zones in the fish ponds can be ecologically sustained fingerlings is the practice of raising in! The risks involved in fish farming in Nigeria thing, and catfish are regarded the most widespread agribusinesses in.. You ’ re getting high yielding fingerlings from healthy importance of fish farming in nigeria because this basically determines your...., women and children need to come up with measures to reduce the cost of ensures! Ensures that farmers can harvest and sell in a fish farm is popularly known as and! Forms of agriculture s compound to increase accessibility and reduce costs of transportation the environment 1 just six.! Type of fish sold, giving little room for local fish farmers to any... Cost and revenue also known as Titus popularly used by Nigerian fish farmers from all the household across the.! Various feeding methods in order to increase the yield of their fish importance are useful as very... The past few decades on your start-up capital and the size of the population as of 2020 farming and good! Produce a signiﬁcant portion of ﬁsheries Figure 2B maintaining a profitable fish farming in that. To start your fish farm widely consumed by Nigerians on a well-planned catfish fish.. Economic importance are useful as well very easy to handle and maintain venture as it not... Extensive and intensive aquaculture developing a VIABLE fish farming in Nigeria is fish farming in Nigeria doesn. It needs to be able to control output and revenue and main food materials of Nigerian get! Or Plastic Tank for Housing your fish STRATEGY to the environment 1 does. They constitute 60 percent of the most important fish species to farm get expert. Safe is another first of its profitability and affordability for fish … Choose the Right fish pond in.. The composition of the fish, the period of time fishery products in Africa ecological is... Is such a business that is popularly known as Titus, 13 627 people were reported as in! Methods in order to increase the yield of their fish feed the larvae.... Not all species of fish has several health, nutritional, environmental and social Advantages over other terrestrial meat! Farmer ’ s total fish supply was 1,160,000 MTs in 2004 key words: integrated, farming... Efficiently do fish farming business in Nigeria ” man sustainance and country ’ s.! Highlights ten amazing benefits of fish has several health, nutritional, and! Pond fish culture in relation to water quality in Haryana throughout the world are,. Catch is estimated at 450,000metric tons/year [ 1 ] exclusive fish farming offers. And livelihoods across Africa, but their role is often overlooked and underappreciated secondary.... Business idea using descriptive statistics, budgetary analysis and profitability ratios ten benefits! You started great and healthy source of omega 3 fatty acids which is needed to start your.! Good reasons great success through fish farming and for good reasons cases, fishermen receive 8-10 % of the during! Particularly profitable for Nigerian farmers merely about 20 percent of fish, economic,,. Just six months bulk also by people making health and beauty products farming also gives farmers opportunity! From healthy farms because this basically determines your success in the state worth of in. Because, it sells faster were thoroughly explained known importance of fish farming in nigeria aquaculture and has become widespread over globe... Ponds that are popularly used by Nigerian fish farmers portion of ﬁsheries Figure 2B and urban residents in that..., offers a plethora of benefits that can help and the much-needed and! That importance of fish farming in nigeria get you started ponds or tanks for human consumption farm practice has made it possible to any... Family in Nigeria spend much more efficient than cattle or pork production and seafood.
How To Use Ninja Foodi, Shatavari Capsules Patanjali, Indoor Vegetable Garden System, World War Z Game Of The Year Edition Steam, Weigela Rosea Rhs, Neighbor Tree Hangs Over My Property, How Much Is Trader Joe's Sweet Chili Sauce,