{"id":83184,"date":"2023-09-03T08:06:00","date_gmt":"2023-09-03T07:06:00","guid":{"rendered":"https:\/\/nigerianfinder.com\/?p=83184"},"modified":"2023-09-04T20:52:58","modified_gmt":"2023-09-04T19:52:58","slug":"catfish-farming-in-nigeria-how-to-start-beginners-guide","status":"publish","type":"post","link":"https:\/\/nigerianfinder.com\/catfish-farming-in-nigeria-how-to-start-beginners-guide\/","title":{"rendered":"Catfish Farming in Nigeria: How to Start (Beginners\u2019 Guide)"},"content":{"rendered":"<p>Six out of every ten Nigerians do eat catfish on weekly basis. That\u2019s a whooping percentage of above 65. The production of catfish in Nigeria however, from current studies showed that catfish production, distribution and marketing are way lower than its demand.<\/p>\n<p>Unfortunately, a lot of people, especially those who have an interest in agricultural-related businesses, don\u2019t know the potentials of catfish farming in Nigeria. That is exactly why we\u2019ll be discussing how to start the profitable business of Catfish Farming in Nigeria, and the hidden opportunities therein.<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-full wp-image-83185\" src=\"https:\/\/nigerianfinder.com\/wp-content\/uploads\/2016\/04\/catfish-farming-in-nigeria1.png\" alt=\"catfish farming in nigeria1\" width=\"571\" height=\"411\" srcset=\"https:\/\/nigerianfinder.com\/wp-content\/uploads\/2016\/04\/catfish-farming-in-nigeria1.png 571w, https:\/\/nigerianfinder.com\/wp-content\/uploads\/2016\/04\/catfish-farming-in-nigeria1-278x200.png 278w\" sizes=\"(max-width: 571px) 100vw, 571px\" \/><\/p>\n<h2><strong>Catfish Farming in Nigeria: Overview<\/strong><\/h2>\n<p>Before we proceed, you would agree that catfish is one of the commonly eaten fishes in homes, hotels, bars, joints, relaxation spots, and so on. When the word \u201c<em>point and kill\u201d <\/em>flashes by your ears, don\u2019t squeeze your face wondering what it means. At joints, you could walk up to the fish bowl and point to a live (fresh) catfish you want killed and either used for Pepper-soup or just grilled and peppered.<\/p>\n<p>There are Catfish millionaires in Nigeria, and about one-third of them didn\u2019t really make deep research. The only fact they held on to, is that Catfish business can make one rich; and they went ahead, got a boat with a 100 Ah deep cycle battery, gave it their all, and now, their fish farming business is super-thriving.<\/p>\n<p>But it gives you, as a catfish farming enthusiast, an extra edge over the \u2018<em>trial-runners<\/em>\u2019 to have some sort of \u2018The Beginners\u2019 Guide\u2019 in the palm of your hands, which you can follow and check back on the instructions, or make some personnel extra extensive research on how to go about your business.<\/p>\n<p>The common aim of every business person is taking their business to a higher level than surrounding competition, and that\u2019s what this summarized guide aims to help you with. Let\u2019s quickly disclose to you, what you need to know to start a Catfish business in Nigeria.<\/p>\n<p>Some important questions to ask before embarking on the Catfish farming business in Nigeria are:<\/p>\n<ul>\n<li>How much capital can I afford to start the business? (Capital would determine your starting scale \u2013 Small Scale or Large Scale.)<\/li>\n<li>How many Catfish farmers are in my vicinity? (Knowing this would inevitably help you attach yourself for practical training, if you want, and would also help you determine the competition in your farm area.)<\/li>\n<li>What is the demand for Catfish in my area? (Demand is not equal everywhere.)<\/li>\n<li>Can I have the time to oversee the farm or do I need to employ a fish farmer? (You need to know for proper budgeting.)<\/li>\n<li>What is Catfish farming\u2019s ROI (Return on Investment.)<\/li>\n<\/ul>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-full wp-image-83186\" src=\"https:\/\/nigerianfinder.com\/wp-content\/uploads\/2016\/04\/catfish-farming-in-nigeria2.png\" alt=\"catfish farming in nigeria2\" width=\"587\" height=\"332\" \/><\/p>\n<h2><strong>Catfish Farming in Nigeria: Required Facilities<\/strong><\/h2>\n<p>As with almost any other farming business in any location, starting a Catfish farming business in Nigeria requires you have some important <a href=\"https:\/\/www.naturerated.com\/\" target=\"_blank\" rel=\"noopener\">fishing equipments<\/a>\u00a0on ground, where you can comfortably set up your farm and without which you are yet to start.<\/p>\n<p><strong><u>Piece of Land<\/u><\/strong><strong>:<\/strong> You would unavoidably need an area of land to start your fish farming business, but it all depends on what you can afford. If it\u2019s for a small scale <a href=\"https:\/\/southafricagro.com\/fish-farming-in-south-africa\/\" target=\"_blank\" rel=\"noopener\">fish farming<\/a> business, then you can use a space as small as 1.5 square metres by 1.5 square meters. However, if you have some extra cash to spare, especially since you\u2019re the bigger your space, the more fishes you can rear; which also means the more returns you\u2019re looking at, then you use half a plot of land or even a full plot.<\/p>\n<p><strong><u>Fish Ponds<\/u><\/strong><strong>:<\/strong> You can get a space or a land for yourself but construction of fish ponds, not very likely. You need to hire the service of a pond construction expert\/engineer. It must be carefully set up and the plumbing works must be accurately connected. An error here might mean the beginning of the end of the business. You can use concrete or plastic ponds<\/p>\n<p><strong><u>Overhead Tank<\/u><\/strong><strong>:<\/strong> The overhead tank is the water reservoir for the fishes. The tank might have an independent borehole or it can share from your own domestic borehole (if it\u2019s around your house). Using chemically treated water is not good for rearing healthy fishes.<\/p>\n<p><strong><u>Fingerlings<\/u><\/strong><strong>:<\/strong> There are various recommended farms where you can get your fingerlings from. Through appropriate consultation with a farming experts or specialist in fingerlings, you can evaluate fingerlings. If possible, check from a few of the recommended farms before making a pick on stock of fingerlings as catfish fingerlings are of different breeds, and it is very important that as a catfish farmer, you take your time to identify fast growing and disease resistant breeds of fingerlings to ensure profitability in a Catfish venture.<\/p>\n<p><strong><u>Knowledge<\/u><\/strong><strong>:<\/strong> If everything works out at the first try, it\u2019ll definitely be thanks to the knowledge you have about the business. If doesn\u2019t, you can always give it another shot because nobody can take away the knowledge of the business in your head. Attach yourself to a Catfish farm and work (for free if they\u2019re not willing to pay). It is imperative you get trained for at least two to four months before setting up your farm.<\/p>\n<h2><strong>Catfish Farming in Nigeria: Feasibility Study<\/strong><\/h2>\n<p>The feasibility study included in this guide is for a farm capacity of 10,000 fingerlings and for a farm that is just starting. The Capital covers from pond construction (which is the common concrete type), fish feeding, production, to marketing. The farm has 10 ponds to contain 1,000 fingerlings cum Catfish each.<\/p>\n<p>To construct one concrete fish pond measuring 3m X 2.5m X 1.4m (l\/w\/h). The materials and prices below are rough estimates of materials.<\/p>\n<p>Blocks (N120,000), Sand (N28,000), Cement (N130,000), Gravel (N64,000) General Farm treatment (N50,000), Water supply (N58,000), Misc (N100,000) Fingerlings (1 is N30, so N30 X 10,000 = N300,000), Cost of feeding from day one to full maturity stage (N1,000,000), Workmanship (N150,000).<\/p>\n<p><strong>Total: N2,000,000<\/strong><\/p>\n<p>Note: The more the quantity you purchase, the better since you can get every one of the fishes out alive when they\u2019re ready to be sold. In this case, 300 fishes died and the rest were sold at N800 each. The selling price also depends on location.<\/p>\n<p>N800 X 9700 = N7,660,000<\/p>\n<p>After six months of tendering and rearing, the gain was a whooping N5,760,000 after six months, which isn\u2019t bad at all. The number one money consuming factor is the fish feeds, as you can see from the feasibility study.<\/p>\n<p>The more the investment, the more you can expect as ROI.<\/p>\n<h2><strong>Catfish Farming in Nigeria: Risks Involved<\/strong><\/h2>\n<ul>\n<li>Managing a fish farm is relatively more difficult than a goat or snail farm or even poultry.<\/li>\n<li>Losses resulting from mistakes or management slips is always more fatal in fish farms than in any other case.<\/li>\n<li>Fish from fish farms are always priced higher than freshly caught fishes. So you might find it more difficult selling your fishes if there are many fishermen in your market.<\/li>\n<li>Setting up a fish farm is very capital intensive. Much more than most other animals.<\/li>\n<\/ul>\n<h2><strong>Catfish Farming in Nigeria: Advantages<\/strong><\/h2>\n<ul>\n<li>Fish sells faster than most other animal products in the market.<\/li>\n<li>Fish grows faster than most other animals; hence, the period of the ROI is shorter.<\/li>\n<li>Fishes are bought in bulk also by people making health and beauty products.<\/li>\n<li>There\u2019s a very steady demand for fishes in the market.<\/li>\n<li>The ROI from fish farming is very attractive and is enough compensation for your time and money.<\/li>\n<\/ul>\n<p>If you want to go into fish farming full time, be sure to make inquiries and ask questions. If you already have the experience, kindly use the comment section to share your knowledge with others. Thanks.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Six out of every ten Nigerians do eat catfish on weekly basis. That\u2019s a whooping percentage of above 65. The &#8230; <\/p>\n<p class=\"read-more-container\"><a title=\"Catfish Farming in Nigeria: How to Start (Beginners\u2019 Guide)\" class=\"read-more button\" href=\"https:\/\/nigerianfinder.com\/catfish-farming-in-nigeria-how-to-start-beginners-guide\/#more-83184\" aria-label=\"More on Catfish Farming in Nigeria: How to Start (Beginners\u2019 Guide)\">Read more<\/a><\/p>\n","protected":false},"author":5,"featured_media":83186,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[96,4,13],"tags":[1669,41,1668,1601,1667],"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"https:\/\/nigerianfinder.com\/wp-content\/uploads\/2016\/04\/catfish-farming-in-nigeria2-e1459496172245.png","jetpack_shortlink":"https:\/\/wp.me\/p6w1sx-lDG","jetpack-related-posts":[],"_links":{"self":[{"href":"https:\/\/nigerianfinder.com\/wp-json\/wp\/v2\/posts\/83184"}],"collection":[{"href":"https:\/\/nigerianfinder.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/nigerianfinder.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/nigerianfinder.com\/wp-json\/wp\/v2\/users\/5"}],"replies":[{"embeddable":true,"href":"https:\/\/nigerianfinder.com\/wp-json\/wp\/v2\/comments?post=83184"}],"version-history":[{"count":8,"href":"https:\/\/nigerianfinder.com\/wp-json\/wp\/v2\/posts\/83184\/revisions"}],"predecessor-version":[{"id":295767,"href":"https:\/\/nigerianfinder.com\/wp-json\/wp\/v2\/posts\/83184\/revisions\/295767"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/nigerianfinder.com\/wp-json\/wp\/v2\/media\/83186"}],"wp:attachment":[{"href":"https:\/\/nigerianfinder.com\/wp-json\/wp\/v2\/media?parent=83184"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/nigerianfinder.com\/wp-json\/wp\/v2\/categories?post=83184"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/nigerianfinder.com\/wp-json\/wp\/v2\/tags?post=83184"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}