The 16 Most Misunderstood Facts About Fish Farming In Nigeria

There are many  information on the internet on Why Fish Farming in Nigeria Fails. Although, you might be thinking you’re an expert in Fish Farming in Nigeria or catfish farming, I have created this article for you to understand why aspiring fish farmers in Nigeria fail. Below you’ll find 16 reasons why fish farming will fail some people and today, the trendy fish farming practice has created made it possible to grow fish within the farms and control the input.

1. No Market: Dangerous fish farmers begin probing for a marketplace for their fish once the fish are already available for sale. Meanwhile, as a result of they’re still feeding, the pool attains its most loading and fish stop growing. The longer the fish keep within the pool once they stopped growing, the smaller the margin of profit.


2. Poor Farm Siting: like in a place with inadequate water, poor soils for pool construction (e.g. could also be rocky), isolated from markets and/or provision which could hinder supplies in the market etc.

3. Poor farm and facility design: pool decks not compacted properly, leak a lot, could also be too shallow, and consequently construction and maintenance prices become too high whereas optimum yields don’t seem to be achieved. Poor accessibility to ponds, requiring employees to steer across the tough tract to transfer fish from a pool to vehicle or vice-versa.

4. Poor Investment Plan: Many farmers assume that to be a commercial fish farmer, one should have many massive ponds. Hence, they construct several ponds quickly, that constrains their income. Due to this, some farmers take a while to begin production or could solely afford to begin production in one pool that will affect the investment.

5. Lack of Technical Knowledge: Start production before knowing what management options are accessible or the way to farm fish.

6. Don’t use the right People for your business. Entrepreneurs try to employ the right people who’re  qualified for a particular job. Hiring members of the family members or friends  who have  little or no knowledge of how fish farming works  may be a liability because most people find it tough to dismiss them even though it’s obvious that they’re the cause for the poor performance of the fish farming.

7. Absence of the  Owners/Managers: Manage fish farms by remote or on the phone. No direct involvement in production and management activities of the farm.  Getting involved physically with your fish farming business is important.

8. Irregular and improper feeding: This ranges from complete lack of information regarding the biological process necessities and feeding of catfish  and trying to save money by exploitation of  low cost feeds. Some farmers simply don’t feed their fish because they assume fish can grow as long as they’re in water.

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They don’t understand that fish do not grow  like all animals, best performance would be obtained if the fish have a diet which the feed must be balanced, simply edible and doesn’t disintegrate into the water before the fish will consume it. Fish should be fed with the right quality by a conscientious one that is aware that fish ought to be fed consistently with feeding response.

Fish might not feed with an similar intensity. They will not wish to consume a lot in poor weather or with a unexpected amendment in temperature; fish will not be able to eat once they presumed sick.

9. Fail to Use the Experienced Person for Feeding: The person feeding fish ought to be conscientious and keen to look at the fish and understand their habits. Feed isn’t to be dropped  into ponds or tanks, however fed consistent with the fishes feeding response. Feed is expensive (up to 60-70% of operative value) and solely the simplest manual laborer can acquire a low-feed conversion at the lowest cost.

10. Doesn’t appreciate management regimes: Don’t appreciate that different|completely different management levels have different requirement – that consequently affects stocking rates. Stocking rates measure an operation of a particular management regime.

11. Specialize in fewer large fish instead of Volume Production: Being more convinced with the habit of  harvesting  larger  fish instead of watching the “overall picture” and keeping track of the total tonnage at harvest. Survival rates and average fish size matter once raising table-fish, as a result of profit margins on top of operational prices usually vary between ten to half-hour betting on one’s market. The net income should be considered the most part of turnover in operation

12. Don’t keep records and don’t assess performance to re-adjust management practices at least once every cycle/quarter. The fish  farmer is unable to give account whether a profit or loss has been made. Having cash in one’s pocket during the operation  doesn’t imply one has made a profit.

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Records should be unbroken on all aspects of management to assist the farmer assess and analyze his/her management practices,  production and of course having a business plan is important.

13. Desperate farmers  who fail to reap at the right time, thinking that they’re taking care of wildlife in a very game park.

14. Wrong objectives for investing in Fish Farming in Nigeria. Some know {simply as a result of|just because} their friends do it or because they’re targeting ‘free’ funds from donors or government. Nothing in this world is free. So, be careful for the hidden prices before making a decision on your investment.

However, pool or tank construction is expensive and isn’t one thing one ought to undertake for the sake of it.
Plan wisely before you start to fish farming.  Think about Fish Farming as a business; as a supply of employment and profit  for yourself. Invest in fish farming only when you have knowledge about  it and know the challenges.

15. Expand the farm as a solution to low profit and yields. it’s a nasty business call to expand a failing business while not 1st searching for what the causes of the failure and correcting them.

16. Believing consultants and newspaper reports that stipulate fish farming requires little investment and ends up in huge profits. If it were that simple, everybody would be doing it. And also the questionable consultants would be busy making money from growing fish; not from advertising their high-ticket coaching programs.

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Be careful about false consultants who’re ready to deceive you about fish farming in Nigeria

 

 

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