Fish farming business in nigeria june 2, 2018 whether youre planning to start a small scale fish farming or a gigantic commercial fish farming in nigeria, the whole steps needed to start and successfully run a fish farm in nigeria can be summarized in 9, viz. How to start a profitable fish farming business in. How to start fish farming business, as nigeria grows massively in population and government placing restrictions on importation of more and more agricultural products, paying attention to the agriculture business is our next gold. One of the basic things humans need in life is food. I mentioned tomato farming as one of the top 50 agriculture business ideas smart entrepreneurs should seriously consider during the severe tomato scarcity period of 2016, nigerians got to know just how important tomato has become. If you must knowing, farming is a honorable occupation with great prospect for the future. We also took it further by analyzing and drafting a sample fish farm marketing plan backed up by actionable guerrilla marketing ideas for fish farming businesses. Vegetables are a major aspect of virtually every soup in all the different tribes of the country, they are also seen. Have you always dreamed of owning your very own fish farming business.
Fish farming falls under the animal production sector of agriculture, which can also be described as aquaculture. Many new fish farmers often choose to start with catfish because it very easy to cultivate and the revenue is usually very high. Experts suggest that commercial farms selling to processors have a minimum farm size of 100 water acres e. There is no doubt that fish farming is very lucrative and profitable in nigeria. Comprehensive version, short fundingbank loan version and automated financial statements. See the stepbystep guide on how to start cattle farming in nigeria. Fish farming business plan in nigeria pdf thismonth. In the poultry business in nigeria, there are two main sectors. With over 180 million nigerians that consume rice at least once every week, you have a market hungry and willing to pay for your product. Fish farming, processing and marketing business plan in nigeria.
For an indepth analysis of the tilapia fish farming business, we encourage you to purchase our wellresearched and comprehensive tilapia fish farming business plan. Swot analysis, employment, foreign revenue, zymolyse, bori. Assessment of socioeconomic analysis of fish farming in oyo state, nigeria by olaoye, o. The ultimate guide on how to start poultry farming. As with almost any other farming business in any location, starting a catfish farming business in nigeria requires you have some important fishing equipments on ground, where you can comfortably set up your farm and without which you are yet to start. Table of contents for tilapia fish farming business plan feasibility study 1. You need to apply good management skill and follow the acceptable standard.
How to start fish farming in nigeria modern farming methods. We write business plans for successful business farmers. Research article economic analysis of fish farming in calabar. Fisheries in nigeria report to the ministry of agriculture, nigerian government november 12, 20. This is help ascertain what you would need in order to equip yourself in order to achieve positive results in fish farming business.
Nigeria tilipia fish farming business planfeasibility study although unknown to many, starting and running a tilapia fish farm is quite cheaper and easier than expected. Stevaron fish farm plot a, tudun wada kashere town, akko lga, gombe state 17th april, 2016 acc1037, acc1040,acc1078 type text page 0 stevaron catfish business plan table of content page 1. Fishery product s are one of the most sought after and consumed, in nigeria, it is cheaper than meat, which makes it an affordable meal. How to start cattle farming in nigeria we have shown you other ways you can make money from a cattle farm apart from selling meat and milk. Among all the fish species, catfish farming has a great demand in nigeria. Asides from the financial benefits of fish farming, fishery products are a source of protein which contributes to our physical wellbeing. Apr 05, 2016 its an important thing to start poultry farming in nigeria, but to start a genuine business from it is something else entirely. How to start commercial vegetable farming in nigeria vegetable business plan. Aquaculture is the farming of aquatic organism fishes, crustaceans, mollusks etc. Get your fish farming business planfeasibility study in nigeria. Fish farming business plan in nigeria 2020 pdf doc. The commercial fish farming business plan in nigeria feasibility study pdf file offers a detailing information on how to start up a fish farming business. Assessment of socioeconomic analysis of fish farming in oyo. Fish farming business plan in nigeria pdf sample template to help you start catfish farming business and secure loans from banks.
Top 10 lucrative farming in nigeria that is profitable. You can start fish farming in small scale for fulfilling your daily family demands or for earning some extra cash with your regular income. The ultimate guide on how to start poultry farming business. Gtbank guaranty trust bank account name chudioji chukwuka account no 0044157183. A federal university of agriculture, abeokuta abstract this study assessed the socioeconomic analysis of fish farming in oyo state, nigeria.
Establishment of a commercial catfish and tilapia farm in. The study was on economic analysis of fish farming in calabar, cross river state, nigeria. Feasibility study on fish farming business in nigeria. If you want to start your own fish farming business then here is a guide to help you make your dreams come true. How to start a fish farming business in nigeria business. It is a new firm acc1037, acc1040, acc1078 page 8 stevaron catfish business plan market analysis fish farming in nigeria started gaining wide. You arent only going to become a chicken farmer, but a business person as well, depending on what markets you need to target along with what section of the poultry farming you would like to tap into. All this cost will be the current cost that is applicable now in the fish farming industry in nigeria. If you do all these, you are sure to make good profit from your fish farming business in nigeria, kenya, ghana, south africa or where else you choose t set it up.
Pdf fish farming business nigeria feasibility studies business plan howtostart fish farming innigeria fish farming business in nigeria pdf doc fish farming falls under the animal production sector of agriculture, which can also be described as aquaculture. After payment text your name and your email address to 08060565721 and youll receive your fish farming business plan in nigeria feasibility study pdf. This is how to write an accurate, uptodate business plan for your intending fish farming business in nigeria. This trend, therefore, makes catfish culture the most popular form of fish farming in nigeria and it is therefore where the discourse of this article is going to be centred. It helps to set goals and find ways to achieve them. You need to get it right by drawing complete business plan and following it to the later. Tips on how to start an aquaculture farming in nigeria aquaculture business in nigeria and other parts of the world goes beyond the farming of fishes only, it comprises of other marine or aquatic lives which includes but is not limited to shrimps, shellfish, prawns, aquatic plants and lots more. Many poor nigerians have been tranformed into wealthy people through catfish farming in nigeria within a very short period of time, as a result of this positive reason others wants to delve into the business but they encounter difficulty not because they dont have the required capital to start up their own catfish farming but simply because they dont. How to start a fish farming business in nigeria agriculture. Fish farming business plan for beginners agri farming. Beginners guide on how to start fish farming in nigeria. Nigeria spends n97 billion on fish importation every year. Farming is a common activity both to many nigerian households both in rural and urban centers. The fish pond will be ready for stocking after 2 weeks of application of fertilizers.
How to start a catfish farming business agriculture. Catfishes are the most common fishery products used in african meals at various households, restaurants, events, hotels, and a lot more. I had to stay up late night in order to complete this write up and am glad i just did. Fish farming business planfeasibility study for nigerians. With your download, get the 21 best papers relevant to this one, including 19 top related papers. How to start profitable fish farming in nigeria how nigeria. Despite the lucrative nature of cattle business, it is not so common in other regions in nigeria except in. Seafood farming in nigeria is a very popular kind of business. Despite the lucrative nature of cattle business, it is not so common in other regions in nigeria except in the north. There are various types of fish farming depending on the one you want to venture into.
A major factor of getting external funding for your tomato farming business is having a good business plan. Pig farming business plan in nigeria pdf archives business. Starting a fish farming business the marketing plan marketing ideas and strategies as a fish farmer, you would have to prove that you have the capacity not only to manage a fish farm, but also to supply fishes in commercial quantities and on a consistent basis. Commercial vegetable farming in nigeria not all businesses require buying and selling, vegetable farming is arguably one of the most lucrative businesses in nigeria, regardless of how you see it. Tilapia fry small fish can be procured from the approved hatcheries.
For a fact, these are over a thousand species of edible fishes one can actual farm, the most common amongst them is the catfish, you can see catfish farming business plan in nigeria. Welcome to income nigeria, are you interested in articles about fish farming business in nigeria, this post contains all the necessary details on how to start lucrative fish farming business in nigeria. Fish farming, processing and marketing business plan in. This sample fish farming, processing and marketing business plan in nigeria can be used for grant applications, bank loans, proposal writing, daily operations. If you are planning for a commercial fish farming business, no doubt fish farming is a more profitable venture. Soft copy only fish farming business planfeasibility study in nigeria. Catfishtilapia fish farming in nigeria nursery rearing. Cattle rearing a very lucrative business in nigeria. Aquaculture is the farming of aquatic organism fishes, crustaceans. Mostly, farming is associated with unsuccessful, illiterate and poor individuals, overtime, this has proved to be a wrong notion as most farmers today are the direct opposite. Our farm intends to have the largest cat fish farm products.
If yes, here is a complete guide to starting a fish farming business with no money and no experience. Pdf fish farming business nigeria feasibility studies business plan howtostartfishfarminginnigeria fish farming business in nigeria pdf doc fish farming falls under the animal production sector of agriculture, which can also be described as aquaculture. Cattle farming in nigeria like any other type of farming, is profitable if you know the secrets of the business, have the money to invest, you are able to manage the animals well, and understand different ways to create wealth from the business. Pig farming also known as piggery is one of the most lucrative business in nigeria due to the high demand of pork meat and its very interesting that this business is not very common and that is why pig farmers are making a fortune from this business. The high demand for tomato has placed tomato farming and processing business at a significant spot in the agrobusiness ventures. Business plan for fish farming in nigeria you cant run a business without having a plan. How to begin fish farming in nigeria, the 7 benefits of. This study assessed the competitiveness of commercial fish farming in nigeria using the policy analysis matrix pam on a sample of 84 fish farmers in lagos state, nigeria. Pdf fish farming business nigeria feasibility studies business plan howtostartfishfarminginnigeria. Top 50 agriculture business ideas for aspiring entrepreneurs. Starting a fish farming business profitableventure. The business plan for fish farming will be sent to your email address after your payment has been confirmed.
Prewritten tilapia fish farming business plan pdf, word and excel. Because of the importance of having a good business plan to secure funding, most beginners spend all their time trying to create the perfect business plan. How to start a profitable tomato farming business in nigeria. Nigeria is one of the worlds largest importers of fish. That is correct, fish farming business in nigeria is a lucrative business if you know what youre doing and it is a small scale fish farming. Fish farming is a very lucrative business when properly handled, we are here to help you with everything you need to succeed in the fish. Catfish farming business plan in nigeria feasibility study. A fish farm or fish based business could easily generate a good amount of money. Do you feel that the place that you have would be a great fish farm.
See food, especially fish farming in nigeria is very popular. There are government grants put in place to encourage rice farmers. How to start a catfish farming business agriculture nigeria. In this tutorial, i will be sharing with you, stepbystep information you need on how to start a fish farming business in nigeria. You can start fish farming on a small scale for fulfilling your daily family demands. As you may have heard, fish farming business in nigeria is a very lucrative one. Fish farming is one of the various business opportunities any. Rice farming is a very practical business in nigeria. Its an important thing to start poultry farming in nigeria, but to start a genuine business from it is something else entirely. Jan 12, 2016 fish farming business plan in nigeria pdf sample template to help you start catfish farming business and secure loans from banks. You are to find out the cost of the materials you are going to use to kick start your fish farming business. In a commercial fish farming business plan, first need to study about the process of farming fish for a good profits market analysis and business plan are the must to initiate a fish farming business. This is because without food including water nobody can be alive.
Catfish farming is a major aquaculture enterprise in the united states, and many people are interested in starting a catfish business. Pdf competitiveness of fish farming in lagos state. Catfish farming business plan in nigeria feasibility. Special feasibility study report on snail farming n bori, rivers state, nigeria. Tilapia farming and catfish farming in nigeria are also among the aquaculture fish farming. The study utilized a two stage sampling technique to select 36 fish farms in calabar. Establishment of a commercial catfish and tilapia farm at kuchi kuchi kau, karu lga nasarawa state nigeria by gmsjnn farms limited this project is the outcome of a group efforts to whom credit and technical responsibility goes. The market for fish farming, processing and marketing business plan in nigeria nigeria consumes 1. The fish farming business plan pdf will include the expected sales, mortality and income. Research article economic analysis of fish farming in. This is the most popular aquaculture business in nigeria, because of the popularity of the breed of fishes grown. A business plan is a necessary tool for creating a proper image of your future production.
Apr 21, 2016 cattles rearing in nigeria is indeed a lucrative business, because you can make money from every part of cattle that is. Fish farming is also an established lucrative business. Please practice handwashing and social distancing, and check out our resources for adapting to these times. You can create such a plan on your own or ask for experts help.
The tilapia fry should be reared in nursery ponds at least a month before they come to actual pond. You need to apply good management skills and follow the acceptable standard. This article will guide you with useful information about starting up a tilapia fish farm in your backyard or in a bigger space of land. Cattles rearing in nigeria is indeed a lucrative business, because you can make money from every part of cattle that is. Feasibility study on fish farming business in nigeria it is very important to carry out feasibility study on fish farming business if you want to venture into it in nigeria.
How to start cattle farming business in nigeria and make. How to start profitable fish farming in nigeria how. Are you searching for catfish business plan in nigeria. Okay, so we have provided you an indepth sample fish farming business plan template. From the information you have read up to this point, you can see that there is a large market for products from cattle farming. Apr 04, 2020 fish farming in nigeria is currently a very lucrative business and it is mainly boosted by the continuous rise in the demand for catfish, reports the nigerian tribune.
Special feasibility study report on snail farming n. If you do all these, you are sure to make good profit from your fish farming business in nigeria. Fish farming is a profitable business that is widespread across nigeria and many other countries in the world. Do you need a catfish farming business plan and feasibility study to start your catfish farming business in nigeria. Then here is a detailed guide and business plan to starting a catfish business in nigeria or anywhere in the world. How to start farming business in nigeria and make millions. Our catfish farming business plan is full of help and industry secrets to make sure your catfish farming business succeeds. Your business plan could attract investors and win you loans to start the business. And the demand of catfish is increasing continuously. It determined the factors affecting fish farming, estimated gross margin of fish farms and examined the costs and returns relationship of fish farming in the study area. Fish farming business is one of the various business opportunities any business minded nigeria can look into.
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