How much does it cost to start a fish pond business in Nigeria?

Setting up fish farm is capital intensive, much more than that of poultry and snail farming. Setting up fish farm requires more careful planning and much capital input. A relatively small fish farm may take up to N500,000 to setup, while bigger ones takes millions of naira.

How do I start a fish pond business in Nigeria?

Starting Fish Farming Business in Nigeria

  1. Firstly, get a good location for your fish farm.
  2. Get a good source of water.
  3. Choose the appropriate fish pond.
  4. Decide the right fish species for you.
  5. Get healthy fingerling or juveniles.
  6. Understand fish feeds and feeding.
  7. Start Marketing your fish before they grow-up.

How do I start a fish pond business?

How to start fish farming step by step

  1. Step 1: Select an Apposite Land Area. The first step in this process is selecting a good land area.
  2. Step 2: Pond Design and Construction.
  3. Step 3: Selecting the Fish Species.
  4. Step 4:Feeding the Fish.
  5. Step5: Fish Harvesting.
  6. Step6: Marketing the Fish.

How much profit does a fish farmer make?

The average net income from Catla fish farms is over Rs. 100,000 per acre per year but with proper management, net profits of Rs. 150,000 per acre per year can be achieved.

Is fish farming a lucrative business in Nigeria?

Fish farming in Nigeria is a lucrative business that is popular in various parts of the country. There’s high demand for fish products, such as Tilapia, Catfish, and Mackerel (salmon) in Nigeria that continually stimulates sustainable growth and expansion of the industry.

How much is a bag of fish feed in Nigeria?

A bag of fish feed, which usually equates to between 13 kg and 17kg, sells for between N6, 000 – N8, 000, depending on the brand you are going for.

How often should I change my catfish tank water?

The nature of the feed affects water cleanliness and clarity. So, with all these major factors known, I usually tell people to change the water as soon as it is dirty. However, when you just stock your juvenile, you might change the water after four or five days if you get the stocking density right.

How deep is a pond for fish?

Four feet of water will prevent excess water evaporation and keep predators from eating the fish. Steep, hard-to-climb banks will also deter predators. In warmer climates where the pond will not freeze, 4 feet is plenty. In temperate climates with mild to cold winters, 7 to 8 feet deep is preferable.

What is the best fish for ponds?

Best Outdoor Pond Fish Recommendations

  • Koi. Descendants of the common carp, koi excellent pond fish and are made for outdoor living.
  • Goldfish. Just like breeds of dogs, there are may breeds of goldfish.
  • Hi-Fin Sharks.
  • Catfish.
  • Sturgeon.
  • Plecos.
  • Fancy Goldfish.
  • Any Tropical Fish.

Which is the best fish farm in Nigeria?

The mobile ponds are ideal facility for your small scale or commercial fish farming business. Mobile tarpaulin pond is the latest moveable fish pond in Nigeria, it gives room for intending fish farmer that has no permanent land of their own can take advantage of this new mobile pond that is more preferred to concrete pond system.

Which is the latest moveable fish pond in Nigeria?

Mobile tarpaulin pond is the latest moveable fish pond in Nigeria, it gives room for intending fish farmer that has no permanent land of their own can take advantage of this new mobile pond that is more preferred to concrete pond system. This pond grows fish very fast and can be used for fish culture in any environment.

What are the steps to fish farming in Nigeria?

This involves building the earthen, tarpaulin or concrete pond, fertilizing the pond, stocking the fingerlings in good water and feeding the Mackerel, Tilapia or catfish till market size. While there are thousands of fish species all around the globe, only very few of them are viable for commercial fish farming.

How is Jovana farms revolutionizing fish farming in Nigeria?

Currently, this mobile tarpaulin pond is revolutionizing fish farming in Nigeria and making it easier for many household gets involved in the fish business. JOVANA FARMS sells top quality mobile tarpaulin fish ponds that is specifically suited for portable fish pond design.