If you are wondering why you should start fish farming in Nigeria, you are on the right page. Fish farming is one of those businesses that people pay very little attention to. However, it is highly lucrative and easy to set up. The fish farming business in countries like Niger, Kenya, Nigeria, etc., contributes a large quota to its economy. Some of these countries have governmental policies that govern fish farming activities in their country. But before I jump ahead to the many benefits of fish farming, let’s quickly look at what fish farming is.
Fish farming is also known as aquaculture, and it is the rearing of fish for commercial purposes. The simple truth is that fish farming is a step forward in the agricultural sector. Now, there are many programs directed towards educating people on the benefits of having a fish farm. In fact, schools and colleges have integrated fish farming courses into their curriculum. And you may wonder why. Keep reading to see the many benefits you stand to gain when you venture into a fish farming business.
For people who don’t like tedious activities, fish farming is your go-to agricultural business. All you need is a professional to help you set up a fish farm in your preferred location. After the set-up, it only needs little maintenance to keeping it up and running. So, even if you have a full-time job, you can successfully combine it with your fish farming business. In addition, the maintenance cost for a fish farming project is low compared to other Agricultural projects.
Fish farming does not contribute negatively to the environment. It is a safe agricultural project you can venture into regardless of your location. As long as you maintain safe water disposal practices, fish production is usually accompanied by little or no pollution. Above all, you do not need to imbibe the use of chemicals in fish farming. It is safe for man, animals, and the environment.
No matter the time of the year, people would continually demand fish to have a nice meal. Think about it this way. A steady supply of fish from your fish farm to the market means more sales and more profits. This is one of the advantages fish farming has over other businesses. There is always a steady supply on demand.
Surprisingly enough, men and women, young and old, can engage in fish farming. Yes, it is that flexible. Unlike other businesses, starting a fish farming business is not limited to any sociocultural characteristics. You’re good to go with your fish farm business if you have the necessary equipment and the knowledge of it. Additionally, you can rear any species of fish without fear of losing out. But make sure to confirm with your local laws to see the kind of fish you are allowed to rear.
Fish contains vitamin D, Omega-3, and fatty acids- which are beneficial to the body. But that’s not all. Fish are one of the cheapest ways to get animal protein, especially in this part of the world. And the good news is that the economic value of fish depends on their sizes and their species. However, you would sell quality fish at a reasonable price. And yes, fish have a unique taste that helps bring out the best in meals. Fish has been a saving grace to people who have a thing with eating pork, beef, or chicken.
The growth rate in fish is fast and efficient. You can buy growth enhancement feeds and supplements for your fish to accelerate their growth rate, just like other animals raised for money. It will help you harvest and sell mature fish in a very short time. If you maintain good fish management practices and feed your fish with growth-enhancing feeds and supplements, you will start to earn revenue within six months.
If you have an existing agricultural business, you can integrate fish farming to increase your revenue and reduce production costs. When you combine fish farming with crop production, it is a great way to deal with water management on your farm. Also, the waste products from your agricultural livestock can be used to make fish feeds and thereby reduce production costs.
Because fish farming is a lucrative business with other advantages, you should consider having a fish farm business in Nigeria. There are many types of fish to rear for money, but the catfish is the easiest and best fish to rear in Nigeria. But that’s another story. You should get started now that you have found out the many benefits of setting up a fish farm in Nigeria.
Check out our resources on how to start a fish farm business in Nigeria.