Thousands of Africans venture into agriculture yearly. This movement not only grows the industry, but contributes some efforts to reduce unemployment and promote economic growth. While many farmers focus on various other profitable agricultural businessesseveral others focus on aquaculture. While Aquaculture covers multiple facets, fish farming is the most common in Nigeria, and Africa as a whole. The insatiable demand for fishery products like Tilapia, Catfish, and Mackerel Salmon in Nigeria has constantly self-promoted the steady growth and expansion of the industry.

These factors, coupled with the current support of institutions, the Nigerian government, and several other African countries to promote agriculture and also support fish farmers, makes the industry one of the most lucrative agricultural business segments to venture into.

The market potential for an aquaculture business is enormous in Nigeria, Africa, and many other countries in the world. With the population of Nigeria at currently over million, and expect to exceed that of the United States bythe market potential for a fish farming business cannot be understated.

Aside from the fact that fishery products are one of the most sought after and consumed agricultural products in Nigeria, it is also cheaper than meat, making it an affordable meal when the buyer either cannot afford to purchase meat, or simply just wants to have a fish meal. The explosive market size of this business makes it one of the most important agricultural business opportunities to venture into for any new, existing, or non-interested farmer.

The cost of starting up and running an aquaculture farm is low, compared to many other agricultural business ideas. Also, while poultry products are highly susceptible to dangerous diseases like Bird Flu which could cost the farm owner a lot of wasted investments if not handled properly, fish farming products have lesser threatening vices. With the governments around Africa currently embarking on a large campaign to motivate the people on the continent to invest in agriculture with attractive capital incentives, it only makes this moment a perfect time to consider fish farming as one of the lucrative agriculture business ideas to venture into.

With millions, if not billions of people consuming fishery products everyday, fish farming would constantly stand as a healthy proteinous meal with rich health benefits to everyone.

This is the most popular aquaculture business in Nigeria, because of the popularity of the breed of fishes grown.

Their ease of cultivation and demand makes most aquaculture farmers to focus on growing catfishes instead of other breeds.

This aquaculture business is run with fresh water fishes inhabiting shallow streams, ponds, rivers, and lakes. Salmons are fresh water fishes that usually migrate to the ocean, and return to fresh waters to reproduce. While they are generally harvested in the wild, they are also grown in fish farms. Salmons account for a high percentage of fishery products consumed in Nigeria. You need to consider the size of the land you intend to use to grow your fish farming business.

Usually, a plot of land or two is great to start out a fish farming business.To browse Academia. Skip to main content. Log In Sign Up. Download Free PDF. Desmond Onwuka. A short summary of this paper. Edith Onwuka and my company name is Tekland International Ltd, I took up the business of fish farming when I resigned from my job as an accountant in an oil company in During the course of my seven years of work experience in the oil sector, I have always dreamt of a business of my own and I continued saving towards it.

Inhaving made up my mind on the business channel and with a start up capital at hand, I quite my job to establish this fish farm. As a newly married, my quest and prayer for a line of work that will give me freedom for my matrimonial responsibility and as well provide financial support the family came to reality. Today, I have employed four years into this venture and I have no regret living my N3m per annum job for it.

I am financially better, I am a loving mother to my two children and my husband, I have three staff under my employment and that gives me a lot of joy. Rampant cases of goiter sickness due to lack of iodine is been recorded in our hospital in recent times due to the scarcity of the main source of iodine, fish in most homes.

This is a social and economic problem I felt should not be left to the Government alone. Most children that grow with low protein intake end up malnourish and low intelligent quotient. Economically, the continuous importation of frozen fish to the country reduces our GDP, and as economist I know what this situation does to the national income. Also, the ever increasing rate of unemployment in the country is truly becoming worrisome to the Government and well meaning Nigerians.

From my analysis, the cost per kilogram of frozen fish, popularly called ice- fish is N, to achieve this, I weighed three units which gave me a kilogram of and a unit of that size of fish I bought for N Currently, the catfish is sold to main distributors at N per kilogram, and it is retailed at N per kilogram, this makes it reasonably cheaper, survey data has shown that the catfish is preferred to the frozen ice-fish in taste and nutritional value. For other competitors in the cat fish farming, I have a considerable advantage, being that fish farming is my passion and my farm is situated right within my premises which makes supervision easier and effective.

I have relatively low overhead expenses with few staff presently to match my current production capacity. Currently, our product is not enough for the market women and hotels around my place, isashi, igbara axis. But moving from 5, to my proposed 20, in every three months, I have made extra effort to contact cold room buyers within the state, and preservation through drying is also a planned option. I am also reaching out to industrial users that utilizes the fish for fish meal production and other products.

I have been to Benue state where I saw basket load of tomatoes thrown away at the end of market day but fish is one product that is never sufficient for sale and here are adequate preservation processes available. Bulk cold room buyers from the northern part of the country are already indicating interest, a near by farm with overfishes stock have not been able to satisfy them and they are always on the look out for more.

I have been able to achieve this with three capable staff, my farm manager and two helpers. Production of cat fish is one business that demands care and expertise, the main expenditure in the production cycle is the fish feed and the staff salary. It takes a life cycle of about six months to get to maturity when fed adequately.

Upon hatching, the small fish is started with atamia, this is the powder-like form of the feed, it is the most expensive of all the feed stages but the consumption rate of these fishes at this time is relatively minimal. This feed type contains adequate minerals, vitamins and nourishment to support growth, development and protection hence they are specially made.Introduction to Fish Farming Business Plan:.

If you are planning for a commercial fish farming business, no doubt fish farming is a more profitable venture. In a commercial fish farming business planfirst 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.

You should do an intensive market research before getting into it. Then analyze the local market trends and demand for type of fishes.

fish farming business proposal

If you are planning for commercial fish farming business for exporting, then talk to fish processing units prior. Choosing exact fish species for your business to get success in fish farming business. Choose fish species for farming depends on the climatic conditions, market demand, maintenance point of view, and as per the availability of resources etc. To get complete knowledge about fish farming business, you can get training from Government running farms that conduct training.

Or working at a successful fish farm give you a good knowledge of farm management, water quality management, disease controlfeeding, marketing and processing skills. For a profitable farming, you should get the complete information about hatching fish, eggs and then grooming them to the maturity. There are two basic methods of farming fish based on the species of fish you have chosen.

Starting a fish farm business, you need to ready to face many hurdles, fish farming indeed a profitable business venture. First, decide whether you are planning for a small scale or on a large scale commercial fish farming based on your financial status. The Aqua Industry is no doubt a leading industry in most countries of the world: commercial fish farming business plan includes farming of different species of fishes.

The Fish and Seafood, Aquaculture industry is a large, very large industry and have good market in all parts of the world, especially the countries, United States of America, India, Canada, United Kingdom, Portugal Germany, Australia, the Caribbean etc.

Most fish farmers do commercial fish farming business, some best niches of commercial fish farming are:.

There are many varieties of fishes that can be raised for commercial fish farming business. In you fish farming business plan, type of fish farming plays a key role.

Most common fishes farmed in commercial farms are salmon, carp, tilapiacatfish and cod. Catfish most suitable and profitable species for commercial fish farming. Catfish has huge market demand for its amazing health benefits and market demand. In a commercial fish farming, catfish takes 18 months to get ready, catfish grown in fish pond is smaller than the wild catfish.

There are several varieties of catfish species, most popular catfish varieties are blue catfish, channel catfish, and flathead catfish. Tilapia is another profitable fish species suitable for commercial fish farming after carp and salmon. These fish have great demand for its high popularity and rich in proteins and vitamins. Tilapia fish grow to large size depending on the capabilities.

Tilapia fishes are tropical varieties requires required warm water to grow. The ideal water in the fish should be temperature be between 28 to 30 degrees. These fish ponds need intensive management.

Salmon is another popular variety for commercial fish farming. Salmon fish comes in two other varieties are — Chinook and Coho.We've received your submission. These rankings are compiled via statistical analysis and projected earnings as well as a dollop of popular demand and New York bias.

fish farming business proposal

The predictions result from background conversations with team officials, agents and other people in the loop, as well as an attempt to think along with clubs and players. The belle of the free-agent ball: durable, personable and entering his age-28 season.

LET'S TALK TILAPIA

The Red Sox will sign either him or Hosmer. How much will his terrible World Series hurt his value. Or to flip the question, how much would a good World Series have helped his value. Three straight years of stellar regular-season and extensive postseason innings bolster his resume. Of this free-agent class, the leader in WAR (using both Baseball-Reference. Man, what a run the Royals had, huh.

Three of the top seven free agents are theirs. He and the Indians have such a good thing going. To be clear: Whoever signs him controls him for at least six years. Zack Cozart, SS: What to make of a guy who put up his best year, by far, in his age-31 season.

He came back strong in his first full year after Tommy John surgery. He too rebounded nicely after missing 2016 due to TJ surgery.

He has come a long way since the Yankees traded him to the Twins for Miguel Sulbaran in 2014.

fish farming business proposal

The last time he explored the market, George W. Bush was the U. He opted out of his Baltimore deal after a great year with the Orioles. Yet another returnee from TJ surgery and another opt-out guy he enjoyed a Rockies renaissance before tiring.

Fish Farming Business Plan For Beginners

His health now has to be a concern after two straight years with heavy disabled-list time. One of many intriguing relievers out there, his age (37) works against him.

He should earn the most of the many southpaw relievers available. The old fellow could retire unless he finds an excellent fit.

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I love it, but I'm doubtfulummm I like those odds!.I watched them play all the time, Georgia, I've seen them play all the time. There are a lot of good teams in there right now. I'm a Georgia Dawg. I see them on TV and see what kind of players they have. I think whoever wins that game will go on. They have the experience of being in the playoff so I think that would be my guess. The material on this site may not be reproduced, distributed, transmitted, cached or otherwise used, except with the prior written permission of Alabama Media Group.

The picks with the winning team in bold at the top of each prediction: Champion: Georgia "I'm thinking heavy on Georgia because they're a hard fighting team and they have a bunch of guys on that team that can make plays when it's called their way. Oklahoma "One reason: Baker Mayfield.

Clemson "They're ranked first in defensive efficiency and their defensive line is unbelievable. Clemson "Well my brother is a linebacker at Clemson, so I have to go with them, for his sake.

Georgia "Georgia, all the way. View Comments About Us About Alabama Media Group Jobs at Alabama Media Group Advertise with us News In Education Frequently Asked Questions About AL. Manage your subscription Delivery feedback Place a vacation hold Make a payment Customer Service Place an ad Get home delivery Promote your event in our calendar Send us an email Submit a news tip Buy newspaper front pages, poster and more AL.

Move cursor over product parameter name to display the graphic -- click to enlarge. Links to these same products are also available below. Hazards Outlook 3-7 Day 8-14 Day 8-14 Day Temps U. In this space, however, as the work week comes to an end we'll crank up the heat a bit more than usual and go off the map. Every week, our analysts will drop their boldest predictions and inevitably dance around their desks with idiotic grins if they ever happen to come true.

If said predictions go belly up, we shall never speak of them again. Alex Gelhar: Eli Manning scores more fantasy points than Dak PrescottSure, this sounds impossible, considering the fact that Eli Manning has more single-digit fantasy point outings (five) than games with 20-plus points (two).

But something tells me this is one of those weeks for the Giants. Manning, the face of their franchise for the last decade-plus is back under center. And the Cowboys, a team with more holes than the plot of "Jurassic World," are their opponents.

I'm not buying Dallas' win last week over Washington. They could be due for a letdown. And who better to serve it to them than old Eli, potentially on his way out of the division for good. Marcas Grant: Jimmy Garoppolo will be a top 10 quarterback nfl. Last week, Garoppolo looked poised and in command of the offense against a much better Bears defense, throwing for 293 yards (and an interception that could rightfully have been called a fumble) and moving the offense effectively.

This time out, he'll have another full week of practice under his belt and that increased comfort level could translate to 300-plus yards and a couple of scores. James Koh: Rex Burkhead, for the third week in a row, will score two touchdownsThe Patriots should control this game versus Miami pretty handily and Burkhead has become a staple in this offense. Big lead, running back, you do the math. Miami has given up the fifth-most fantasy points to running backs over the last four weeks and while most are expecting a good game from Sexy Rexy in the Flexy, I'm boldly predicting a massive game to the tune of 100-plus total yards and two total touchdowns.

Michael Fabiano: Fabiano: Russell Wilson will score 18 or more fantasy points in Jacksonville. This might not seem that bold, but the Jaguars haven't allowed a single quarterback to hit the 18-point mark in standard scoring leagues this season. That could have some fantasy fans worried about Wilson's prospects, but let's take a look at some of the signal-callers who have faced Jacksonville.

Joe Flacco and Ryan Mallett. Josh McCown (before he was putting up huge numbers).My mother and I booked a last minute 4 night holiday to Iceland. Nordic visitor organised the whole thing minus flights. Everything ran smoothly bar a hiccup by a Super Jeep tour operator. When we contacted Nordic visitor for help they sorted the problem within 1 hr, with an even better outcome than the original tour.

Great welcome package plus itinerary etc. We found the hotel staff very helpful with advice regarding the most suitable clothing for both of our excursions. We were also advised to moisturise our face in the evening and not to wash our face in the morning to prevent sun or wind burn.

Our guides were superb with regards to advice as to the most appropriate clothing to wear on the day of our trips as one day was "warm" and the next day was very cold. We felt very safe with our guides and found them very friendly and informative. We had the comfort accommodations and the hotels definitely surpassed our expectstions.

The tours booked were high quality. Very thoroughly planned with a good variety of accommodation. Very quick procedure on returning the hire car. They later returned our camera to the hotel when we realised we'd left it in the glove box. Highly recommend taking a guided tour for duration of trip. Simone was our EXCELLENT guide and driver and helped make our group (of 12) trip an amazing adventure. It is important to remain flexible as daily plans may have to be altered due to weather (blizzard)!.

Hinrik was exceptional in his quality of service. Very knowledgeable and helpful, and always cheerful, despite a family bereavement, which he didn't disclose until after the tour, obviously as it might have affected our enjoyment of the trip. We enjoyed the holiday so much that we want to return to Iceland to see more of the wonderful country.

How To Start A Profitable Fish Farming Business In Nigeria

Nordic Visitors could not have done enough for us. We arrived in the middle of a storm and our whole holiday had to be re-scheduled but amazingly we only missed off seeing one thing on the itinerary.

A fantastic and memorable holiday. Kolbrun was extremely helpful and efficient, answering my queries promptly including a question about our vouchers which arose whilst we were in Norway. The trip was a 40th birthday present for me and my husband, with our children, and we all thoroughly enjoyed it - even more than we had expected to.Matches not played at the site plannedIf the home team and the host of a meeting in the list are reversed (for example, the match is played on the field the team was originally outside the home), in which case all bets made on the basis of the original program, will be void.

If you change the location of the meeting (outside of the case in which the match is played on the field the visiting team) then bets already made will remain valid as long as the home team is still designated as such.

We will do everything possible to return to our site all the matches played on neutral ground. For those matches played on neutral ground (or not listed on our site), bets will stand regardless of which team is designated as the home team. If an official calendar shows details of teams other than those listed in our website, bets will be void.

You predict an outcome, specify the desired stake and place the bet. If your prediction appears to be correct, you win the bet. The winnings are calculated by multiplying the odds by the stake. Please note that parlay bet is considered won if all your predictions turn out to be correct. The vast majority of the offered bets may be combined freely in a parlay.

There are a few exceptions, however, such as certain Formula - 1 bets that can only be placed as single bets. It is the bookmakers who decide which bets can be combined and their decision is based on various factors, such as the respective game or the event. You will be informed of their decision by the time the bets are placed. The client is given a chance to determine independently the order of the bets included in the chain and stake only on the first event of the chain.

Thus, the concept of "account of the chain" is imported. After the tournament of each single bet included in the chain the sum of that account is calculated. Initially it is equal to the sum of the first bet. If the sum on the chain account is less than its initial sum, the account balance calculates single bet of the next event in the chain.

The sum that remains on the account after calculation of all bets in the chain is a subject to payment. If the sum on the account reaches zero - the chain breaks and is considered as lost. The number of possible system bets depends on the number of predicted outcomes. The possible variants of the system bet with your predictions will be displayed automatically. The main difference between system bets and parlay bets is that you can win a system bet even if not all of your predictions are correct.

Please note that the amount of possible winnings displayed when you place your bet corresponds to the maximum winnings.

In a system bet, combinations of predictions are formed automatically. Conditional betThe peculiarity of this bet is that you pay only for the first (base bet) and the amount for the second (conditional bet) is taken from winning the base bet.

fish farming business proposal

In the conventional bet should not include events from the base bet. If the prime bet loses, and the conditional bet loses. The amount of the Conditional bet shall be not exceeding of winning of basic bet. LIVE BETTINGOur LIVE bets will keep you in suspense until the termination of the sports event. Hundreds of fans simultaneously make bets in the mode of real time. The odds of bets are dynamical and change depending on the course of the sports event.

Simultaneously the detailed information, such as the expired time, the current score, quantity of the shown yellow and red cards, etc. LIVE bets are available not only for soccer games but also for other sports events, such as tennis, Formula 1, American football, ice hockey, skiing, etc. Winning LimitThe bookmakers are entitled to set lower winning limits per bet.