Fish Feed Production In Nigeria: A Viable Business Investment, Click to share on Facebook (Opens in new window), Click to share on WhatsApp (Opens in new window), Click to share on Twitter (Opens in new window), Click to email this to a friend (Opens in new window), Click to share on LinkedIn (Opens in new window), How to start fish farming business in Nigeria, Ugu Farming Business In Nigeria: How To Start Earning Good Money, How To Start Fish Farming Business In Nigeria: Feasibility & Cost Analysis, Full Biography And Net Worth Of Fireboy DML, CredPal Raises $1.5Million Seed Funding: Fintech Startup Funding in Nigeria, FAAC disburses N639.9 billion in October 2020, allocation drops by 6.2%, 40 Business Ideas in Nigeria That Will Make You Rich, How to identify the best fish feed in Nigeria. They are prepared in big block form and what these blocks feed do is to release small quantities of the feed as the blocks food dissolves. You must make sure to retain the quality and the quantity of your feed, irrespective of the choice of ingredient. Call us and Let … Total startup capital for 500 fishes: N310, 000 OPERATION & MAINTENANCE (O&M) Catfish farming doesn’t require a very high level of O&M. Make sure you identify your potential market and be sure you can sell there profitably. Catfish is bottom-feeder. Before you can venture into fish feed production business, you must make sure that the things needed for a successful business is in place. Nigeria imports roughly 40, 000 tons of fish feeds valued at about $60 million annually. The feeding method, type of feed, stocking and water quality also impact on the food conversion ratio which dictates if a fish farmer is going to make huge profit or loss. Today, let’s discuss the way for Nigerian to use local raw materials to make fish feed pellets for lowering feed cost. Read Also: 9 Steps to Start Fish Farming In Nigeria, Your email address will not be published. But fish feed cost should be only reduced on the basis of ensuring fish can get nutritional feed for good growth and health. google_ad_width = 300; This is because the Nigerian population is under-provided with protein, which is an essential food component. I'm that diligent and determined guy that sees things very differently. December 2, 2020. Subscribe to our mailing list and get interesting stuff and updates to your email inbox. This will greatly increase your profit margin. We offer the Ecofloat extruded catfish feed specially recommended for fish farmers in Nigeria. In Nigeria of today, there are not many drugs specifically manufactured for catfishes. Catfish farmers feed on everything from local chili soups to roadside barbecue vendors to upscale restaurants. Starting the business will expose you to so many opportunities which will generate lots of money to you. This is because you need to buy all the needed equipment and materials, and you cannot do this without money. The content on the InfoGuide Nigeria is provided as general information only. For example, catfish prefers soya meal to cotton seed. I perceive this to be true, especially for the poor to be able to afford the price of fish in the country. You should never wait for your catfishes to grow and mature before you begin to search for the market and the buyers if you actually want to make money from your catfish farming. It is a major protein source for commercial catfish feeds in Nigeria, which contains 48% protein. Read Also: How to start a Fishery Business in Nigeria. The renewed willingness of public research institutions to work in collaboration and partnership with established private businesses is proving vital in the production and distribution of critical aquaculture technologies and inputs across Nigeria. integrated fish farming system. For instance, you have to consider the number of ponds you are to have so as to meet the market target. Examples of these raw materials include; maize, groundnut cake, sorghum, flour etc. And with the look of the thing, there are possibilities that the bulk of catfishes in this country’s markets will actually be coming right from the small-scale catfish farmers. google_ad_client = "ca-pub-9755093768544960"; And supposed the temperature of your area is lower than 20C, then you have to make sure that you heat the water. The female reaches sexual maturity by 6 months, but the best results are obtained at the age of 2 years. That said, the top feed producers that I recommend and have used are Aqua Feed, Durante and Raanan; I’ve heard that Coppens could be the best, but there are lots of adulterated versions of it here in Nigeria, so I won’t recommend it since the inexperienced farmer could fall victim to these adulterated versions. The team comprises professionals and Consultants from different fields of human endeavour. You must have conducted a feasibility study to know the amount of money needed to start up a small scale fish feed production industry. The production of catfish in Nigeria based on current studies, it showed that catfish production, distribution and marketing are way lower than its demand. Ingredients like the GNC promote the growth of Aflatoxin that can pose a threat to the fish. This is because, in the course of the fish feed production process, the essential nutrients in those ingredients might be lost. Ecofloat is an economy floating feed by Olam. As a catfish farmer, you want to make money from your catfish farming, then you have to make sure that, you keep a record of your catfish production, and as well, analyze all the written records of your production, and the costs, as well as, the returns. You cannot run this business without money. This article will also help you with answers to questions like: If you are still considering whether investing in fish feed production is going to be a good investment or not. In fish feed production process, raw materials are very much needed. To raise catfish can earn you a very huge income, as catfish farming is a highly profitable business. These farm’s records are the major element to managing your farm to profit. Also Read: How to start fish farming business in Nigeria. Read Also: Cost of Feeding 1000 Catfish In Nigeria. Catfish Farming in Nigeria: Required Facilities. This is another positive factor that made fish feed production in Nigeria a very viable business. And accordingly, quite a number of individuals have rather opted for a healthier alternative to pork meat, and beef, and turkey as well as, chicken, and this is considered as being a result of the increasing concern for nutritious food in most of our kitchen. google_ad_height = 250; InfoGuide Nigeria is a multi-author blog in Nigeria founded by Ifiokobong Ibanga. In order to have a successful fish feed production business, you must formulate feeds that will suit the taste of these fishes grown in Nigeria. You must identify those ingredients that will suit the taste those fishes grown in Nigeria. In order to formulate a quality fish feed in Nigeria, you must have the adequate knowledge of the ingredients and their nutritional value to the fish. LARVAL PRODUCTION :Despite the popularity of the African catfish and its great market potentials, the production is still basically at subsistence level due majorly to inadequate availability of seed for stocking and feed problems. With a good business plan, you can attract investors into your business thereby leading to the expansion of your fish fed production business in Nigeria. Notify me of follow-up comments by email. No business stands the test of time without a well detailed and structured business plan. Fish farming in Nigeria is currently a very lucrative business benefiting from the rich natural resources, and it is mainly boosted by the continuous rise in the demand for catfish. Read On To Know More, Top 10 Tech Startups in Nigeria that are Making Significant Making Progress and Growth, 20 Reason Why Nigeria Public Servants are Afraid of Retirement, How To Make Money From Bolt As A Driver; Bolt Car Requirements In Nigeria, How To Get Approved Easily And Tips To Make Money From It, 10 Best Elderly Care Homes in Lagos, Nigeria, 10 best investment ideas for retirement in Nigeria, 10 Best Samsung Phones 2020 and their prices in Nigeria. It also provides between 30-50 percent of the nutrients that the fish needs. You should make some decisions as a catfish farmer basically on the physical and the financial resources that are available to you. The protein content of such feed … Market Analysis – With the Nigerian population as an advantage, the market size of Nigeria offers great market potentials for massive sales, Nigeria has the largest fish consumption ratio per nation at about 1.5 million of frozen fish annually, this is the record so far in Africa. Aller Aqua feed is a household name for fish farmers, the feed is high in protein at 45% Crude protein (2mm), 45% (3mm), 42% (4.5mm), 42% (6mm and 8mm 38%)and contains all the essential nutrients for fish growth and health. Feed rationing is easier to calculate to avoid over feeding or under feeding. These raw materials can be sourced locally within Nigeria. local feed formulation for catfish in nigeria . Some brands of bagged floating catfish feed available in Lagos, Nigeria are Coppens and Vital feed which as of October, 2016 … As mentioned, catfish is one of the most consumed sources of animal protein in Nigeria. The growing fish farming in Nigeria has created a very high demand for fish feed. Maggot contains high protein and is good for fishes. How to identify the best fish feed in Nigeria; The different types of fish feed; How to know the best feed for catfish; Why You Should Invest In Fish Feed Production In Nigeria . Fish feed is developed from ingredients that include sorghum, maize, flour, groundnut cake etc. Note, the longer your catfishes remained in the pond once they have stopped growing, the smaller your profit margin will be. 12 Best Cash Crops in Nigeria and their economic value, Prices of Agricultural Machinery in Nigeria, 10 Steps to Start Rabbit Farming in Nigeria and Tips to Succeed, 9 Steps to Start Paddy Rice Business in Nigeria, Tecno Camon 15 Pro Price In Nigeria; Full Specs, Design, Review, Buying Guide and Where To Buy, 50+ Glo Data Plans and Subscription Codes 2020, Infinix S5 Lite Price In Nigeria; Full Specs, Design, Review, Buying Guide And Where To Buy, Top 8 Credit Cards That Will Help You To Maintain A Good CIBIL Score. Fish feeds in Nigeria are in constant demand due to the proliferation of fish farming business in Nigeria. This is because, imported feeds are extremely expensive. This will help you to make a good and reasonable profit. These ingredients for fish feed production in Nigeria must contain all the needed nutrients that would meet the needs of the fishes in the farm. A crucial decision to be made is knowing the best fish feed to rear your catfish.. For instance, if you don’t have the needed feed miller to fully powder the maize. Considering the huge amount of money going into the importation of fish feeds, you can now imagine the huge returns that will be coming to you should you venture into fish feed production. Having said that, let us now look at the possible 10 tips to make money from catfish farming in Nigeria. Read Also: 6 Steps to Produce Fish Feed in Nigeria. In Nigeria google_ad_slot = "9979770738"; In Europe, about 75% of Clarias fingerling demands are supplied by a few producers. You really must be very careful while formulating the fish feed. You must properly feed your catfish if you actually want to make money from it. To avoid this, you should provide enough food and define best time of day to feed catfish. I have discovered one biggest mistake that catfish farmers make, they will only begin to look for buyers immediately their products are ready to be sold. So I see fish farming as a possible means of fight against malnutrition in Nigeria. Please note that this is a home purchased for daily use. Data from central bank of Nigeria ( CBN ) and Food and Agricultural Organization ( FAO) shows that an average Nigerian have access to less than 2kg of beef annually. This is because, fish might not be able to completely digest maize grain that is not well milled. It is a well-known fact that the fish is one of the most widely consumed in our country today. All these while, catfish farmers in Nigeria have depended so much on poultry drugs to cure catfish diseases. Complete feed pose lesser risk of water pollution unlike natural food or supplementary feeds. In other words, catfish farmers are actually unable to meet the demand of the fast-growing fish market in the country. Despite the popularity of catfish farming in Nigeria, the fish farming industry can best be described as being at the infant stage when compared to the large market potential for its production and marketing. These important requirements include; You must have a capital before you can be able to venture into the production of fish feeds in Nigeria. google_ad_width = 300; I’m sure you’ve heard a lot about the potentials of catfish farming in Nigeria, and how it is capable of making you millions of Naira. Ingredients that have a crude processing method should be avoided. Catfish Business Plan In Nigeria-Catfish is among the most common fish in Nigeria. Post was not sent - check your email addresses! Since I started my catfish farming business, I was depending on foreign fish feed to feed my fishes. Miscelleneous – N5,000. Please note that it is not the same as the ones consumed by the human beings. Aquaculture is a business venture that started in Nigeria over 100 years ago. People have always farmed fish especially catfish in Nigeria for decades. Nigeria, for instance, has gotten extensive marine fisheries that are being exploited by commercial fleets. Nigeria. At present, there are different ways to have different fish feed in Nigeria, and in this article, I am looking at it in three areas. We supply good quality, full-floating freshwater fish feed to the Nigerian aquaculture sector. Also Read: Poultry feed production in NigeriaÂ. This article will guide you on how to manufacture efficient and economical fish feeds in Nigeria. Large fish may also consume young fish. I own a big Catfish farm myself at KM 5,.. so my floating and sinking pellets are properly prepared with a 48%(CP) percent crude protein good and well balance fish feed formulation. This shows that there is large, growing as well as sustainable market for fish feeds in Nigeria. Once the catfish is caught, it is then weighed before payment. Fish feed production has seen a remarkable increase in Nigeria recently as a result of private investments. The only thing that you need to do is get the needed information which this article is giving you. Significance of Using Local Fish Feed Raw Material these raw materials for fish feed production mentioned above will make up about 38% of the total ingredients used. Catfish has been widely farmed by fish farmers in the southern part of Nigeria and the northern part of Nigeria. Nutritional Requirements for Catfish feeds. With the increasing demand for fish feeds in Nigeria, coupled with the availability of raw materials that are not cost intensive, fish feed production is very lucrative. I distribute to all parts of the country to Sub-distributors, Wholesalers, Retailers and End-users. Sorry, your blog cannot share posts by email. Types of Feed in Terms Of Imported and Locally Made. Save my name, email, and website in this browser for the next time I comment. And you must take into account the size of your ponds, and the design of the pond, etc. This increased my cost of production so much. In choosing your land location, it must be in a place that allows easy access of fish farmers to come and purchase your product. So many people involved in catfish farming because of the many nutritional benefits that catfish is offering in our diets. The ideas expressed on this site are solely the opinions of the author(s) and do not necessarily represent the opinions of anyone else. Usually during breeding, the parent herd is kept in separate tanks. ANNUAL PRODUCTION TREND OF CATFISH IN NIGERIA (2001 ... and marketers on the best practices. For instance, Soy beans must be well milled in order to remove the anti-nutritional element present. In order to be successful in fish feed production in Nigeria, you must understand the fish feed production process explained in this article. One of the major constraints that are responsible for high cost of production is the Catfish feed. Catfish farming is here to stay in Nigeria. Nigeria has a population of about 180 million people who are grossly under-provided with protein which is an essential food component. Here we publish several helpful articles in various categories, such as how-to articles, where to find things, resources, business, interviews and reviews. This is another important requirement that must be settled before you can start a fish feed production business in Nigeria. Catfish farming is no doubt one of the most lucrative businesses you can go into in Nigeria now. These ingredients are mixed very well, oiled and dried in order to produce floating granules as feed for the fish. You have to adopt good management for a timely harvest of your farm produce. Read more… Terms of Use. Feed: Getting feed for catfish farming in Nigeria can be hard sometimes, owing to the fact that Nigeria still imports these feed and the cost of getting it to farmers adds to the price of the feed. In Entrepreneur Nigeria, we provide professional business plan services that will attract investors into your fish feed production business or any other business you need us to write on. In the natural habitat it consumes insects, mollusks, crayfish, various crustaceans and even other fish. A pharmaceutical company who will research into drugs for catfishes will do well in Nigerian market. So spend more money to feed your catfish in order for them not to lose weight otherwise, it will affect the sale price. (50% pelleted feed, 50% maggot). For you that want to invest your money in fish feeds in Nigeria, you must note that balanced fish nutrition must contain all needed ingredients. At the 7 week, reduce the catfish pelleted feed intake by 50% and supplement with maggot. Type of feed. Catfish, as we all know, are, for the most part, an alternative to meat. The data also showed that only a paltry 4kg of eggs is available yearly to an average Nigerian. Visionary, and Passionate entrepreneur who believes that greatness lies not in what you see, rather, it depends majorly on how you see. One of your major goals should be as a catfish farmer, to sell your catfish in the market at competitive prices. As we know, that information from the farm’s records is what forms the basis for making good management decisions in your farm. PDF | an assessment of catfish industry in Nigeria was made and recommendations on marketled aquaculture given | Find, read and cite all the research you need on ResearchGate In Nigerian currently, anyone venturing into fish feed production business I in for a big profit. Developing public fishing lakes is quite a lucrative business in this part of the world. Supposed, in your area, you have lakes or even when you do not have lakes, you can even dig them. In order to have a very good fish feed formulation either for commercial purposes or your local fish farm, your choice of fish feed ingredients should be guided by the following criteria; Before you start fish feed production, you must consider the cost the ingredients needed for the feed formulation. Please note that if you allow your catfish to grow within the temperature that is cooler than the prescribed temperature, though your catfish will survive, their growth rate is likely to be slower. Your email address will not be published. If your fishes exceed 1kg in weight, and you’re able to get bigger feed sizes, then you can consider giving them 8mm, or even later 10mm, feed sizes. The feed must be carefully balanced. In every fish farming business in Nigeria, feed formulation is very important. This will really help you to come up with the best fish feed in Nigeria. The catches have actually played some role in ensuring that they meet the country’s food needs, apart from fish exportation. Feed Your Catfishes Adequately. And it is worthy of note also that majority of these fish feeds come in … Our aim is to provide daily living guide for Nigerians and her friends. You can get maggot from poultry farms or you can culture it. It is high in essential amino acids and it is both digestible and palatable. Any action taken as a result of information, analysis, or advertisement on this site is ultimately the responsibility of the reader. More and more people keep plugging in every day. Best Catfish feed Formula: Factors to consider before formulating your own catfish feed For any fish farmer who wants to make more profit, making his/her own fish feed should be an integral part of … google_ad_client = "ca-pub-9755093768544960"; Are you thinking of going into catfish farming? Let's make a difference people. Let me bring to your notice the many criteria that make fish feed production a viable business in Nigeria. The two major species of fish grown in Nigeria are Catfish and Tilapia. You should know tha they are about two types of fishing lakes: The first type is called catch and release, and this is basically for fish enjoyment. The author may or may not have a financial interest in any company or advertiser referenced. This has made many people to venture into fish farming thereby creating a very good market for people that are into fish feed production in Nigeria. The type of food you feed your catfish is very important for fast growing fish. Fishes just like every living thing have preferences when it comes to the type of feed they like. It has been indicated to tackle the disadvantages of the sinking feed pellets. It is important knowing the Best Feeding method. For instance, know that the price of catfish you produced, and the quantity of catfish you produced each time, as well as, how frequently you can sell your product, are all determined by the market. TopAqua Fish feed (Catfish) Our deluxe fish feed pellets are specially formulated to float, thus they have been produced under best manufacturing practices (BMP). If you want to go into commercial production of fish feed, you can employ the services of an expert or professional in fish nutrition. Read Also: Cost of Feeding 1000 Catfish In Nigeria. Know that the market usually remained the driving force when it comes to commercial catfish farming. food, pellets, frozen and freeze dried food are all good for fish but many aquarists sooner or later ask themselves what else they can feed their fish as a treat or if there are cheaper alternatives to the sometimes expensive frozen food they can by in their local fish shop. I’m a local manufacturer and distributor of high quality Catfish Feed in Nigeria. If you are still considering whether investing in fish feed production is going to be a good investment or not. In this case, your customer will have to pay and then enter even if they want to stay all day. As of October, 2016 you need about two hundred thousand naira (N200, 000) to feed 1000 pieces of catfish from juvenile to table size in 15 weeks. Know your production cycle, know the size of your production each time, make sure you meet your customers’ needs, and never forget to partner other farmers for the purpose of meeting market demand. There cannot is no fish farm in Nigeria that can survive without the availability of good fish feeds in Nigeria. Required fields are marked *. Catfish being one of the protein sources has actually earned wide consumption in almost every ethnic group and every religion. You must try to look at all the alternative ways to meet up with the nutritional requirement of your fish if the needed ingredient is costly. Catfish farming and you can also call it pisciculture, as well, is simply the primary aspect of aquaculture, which has to do with the raising of fishes in some, tanks, and other in ponds, and others still, in cages, as well as in irrigation ditches for domestic use and for commercial purposes. There is a locally formulated feed which you can use in your catfish farm, and it helps reduce the cost of production, also increases the sizes of the catfish. At the 9 week, further reduce the pelleted feed to 25% and supplement with condemned eggs. You must properly feed your catfish if you actually want to make money from it. With cheap raw materials, the cost of production will be very minimal. We have a team of professionals that will get it done within 2 weeks of your order and get it across to you anywhere in Nigeria and beyond. Although blocks fish feed can be the best for smaller tropical fish, it is good to know the number of fish in the pond before putting in the block because if they stay for long in the pond, they can pollute the fish pond, and actually harm the fish. In the fish feed production process, you must consider the processing technology when formulating your fish feed. What are the consequences of copyright infringement? Now, if your desire is to raise catfish, then you have to make sure that the area in which you want to raise catfish has a water temperature that is, at least 20C which is about 68F. Enjoy the videos and music you love, upload original content, and share it all with friends, family, and the world on YouTube. 6. Fish feed in this business takes up over 70 percent on a well-planned catfish fish farm. The importance of a good business plan can never be over emphasized in the success of any business establishment. However, the truth remained that, the aquaculture, as well as, small-scale fisheries has indeed offered clear cut opportunities for the purpose of growing Nigeria’s rural economy, as well as, helped in the reduction of hunger and also in the reduction of poverty. google_ad_height = 600; Joseph Athanasius is a Content Developer at, Catfish farming in Nigeria; 10 Tips To Make Money from It, 10 Roles of Agriculture in Nigeria Economic Development, 10 Problems of Agriculture in Nigeria with examples, Maize Production in Nigeria; Steps to Start, Tips to Succeed. The land also needs to be in a rural location so as to reduce the cost of purchasing such land in the urban areas in Nigeria. we respect your privacy and take protecting it seriously. I think there is an increasing demand for catfish here in our country, although catfish supply is not able to really keep pace with catfish demand in the country, even as they continued in attracting higher prices in many of our market places. The first domestication of catfish in Nigeria was done around 1950 in Nigeria. 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 … The catfish feeds require a mixture of some certain classes of food items for energy and growth. The reasons you should invest in fish feed production include: One of the ways to know a very good investment opportunity in business is the availability of the needed market for such products. And note that, the only good way to succeed, as well as, double your profit potential is to directly sell your catfish to your consumers. Note, the longer your catfishes remained in the pond once they have stopped growing, the smaller your profit margin will be. It is a fully floating fish feed made from the latest extruding technology in Africa. Fish feed production is very good business investment in Nigeria today. I use well planned because some fish farms in Nigeria spend much more on their production expense. Catfish can participate in reproduction at the age 1.5 - 2 years. While going into fish feed production, you must be careful to identify those ingredients that have some anti-nutritional elements in them. google_ad_slot = "8444795376"; While the other type is called, fish and pay. Formulating the fish feed production a viable business in Nigeria from local chili soups to roadside vendors! Floating granules as feed for the poor to be successful in fish feed temperature of your ponds, and must! Since I started my catfish farming and the quantity of your ponds and. Understand the fish in this part of Nigeria and more people keep in! That they meet the demand of the reader was depending on foreign fish feed in Nigeria for. 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