Added to the expenses of my lizards I spend about $40 a month on food. Every successful fish farmers know this. The bolded ‘successful’ entails that in failing fish farming business, especially in Nigeria, the owners would instead invest in other expenses and waste funds on overstaffing and other irrelevant aspects. There are so many information on the internet on how to start fish farming in Nigeria especially catfish farming but few are detailed enough to really assist aspiring fish farmer to get started. The more good feed your fish consumes, the better they grow. The cost of logistics should be factored in your expenses. Many of my readers have asked questions on how much to spend on raising certain number of catfishes. 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This is due to a collaborative effort between private companies like Triton and research organizations like the Nigerian Institute for Oceanography (NIOMR), according to the West and Central Africa Council for Agricultural Research and Development â¦ How To Make Chicken, Poultry Feed For Broilers And Layers In Nigeria Poultry Feeding Guide: Preparing Fermented Feed For Chickens Food and its nutritional components are responsible for the survival and healthy growth of not only poultry birds but living things in general. Fishfarm is lucrative and a lot of persons are interested in starting a fish farm this year. Some of them are: The fish you rear in your fish farm must determine the type of fish feed you will use. Alex recently graduated from Temple Law School in Philadelphia, where he focused on environmental law and natural resource regulation. For your convenience, here is the This post will discuss some aspects of it. Feeds take up to 80 per cent of pig production costs. Along with natural feeds, supplementary feed ensures the fast growth of fish. Most fish feed pellet in the market is low in terms of water stability and can pollute the pond water when it is immersed in it. A lot of foreign fish feeds are replete in the Nigerian market. If you have any questions on this, feel free to drop it at the comment section below and do well to share this using any of our share buttons – Facebook, Twitter, Whatsapp or Email it to friends. I need reliable local fish feed formular for my 2month old fish. CATFISH FEED INGREDIENT COST IN NIGERIA (price per kg) Fish Concentrate: N1,350 Fish Meal (72 percent): N1,000 â N1,100 Local Fish Meal: N400 â N600 Poultry Concentrate (1%): N3,050 Poultry Concentrate (2%) : 140 Single screw fish feed processing line can be divided into 2 types: Small Dry Type Plant and Large Wet Type Plant, in accordance with what extruder you choose. The profitability of your fish farm business is based on the fish feed. The critical questions are: ‘are all fish feeds capable of producing the same results?’ & ‘ are some fish feeds better than others?’. CORAF is Africa’s largest sub-regional research organization. That relates to your feed conversation ratio. by ps5 ( m ): 1:13pm On May 23 , 2012 i can help you with the formula. Read: 5 Causes of Business Failure in Nigeria. Know your budget expenses, and you will discover that fish feed takes a massive chunk of the costs. If the duckweed starts to over take your water source scoop out the excess with the net and bucket. If your fish is not rightly fed, it would have stunted growth. This has created a very large market for the few feed mill owners in Nigeria and also created a very wide space to accommodate new investors who wants to invest of feed mill business. Local Fish Feed On the same note, a lot of fish feeds are produced locally in Nigeria. If you will not be there to monitor your pond or you stay at security volatile area, it is better to pay for security services to watch after your pond, especially at night. Farmers can make their own feeds and sell surplus feed to other farmers. Always ensure sufficient availability of amino acids like arginine, methionine, lysine and crude protein in their feed. With a growing aquaculture and fish farming industry in Nigeria, increasing fish feed production is extremely important, explains Dr. Patricia Erig Anyanwu, NIOMR’s Acting Executive Director. The New Life Farm Agriculture Nigeria Limited, as his farm is known, has recently launched floating fish feed, produced mainly from local materials, into the Nigerian market. Today, there are several engineering companies in Nigeria that contruct and fabricates feed mill machines which is very cheap and reliable. the local government in question is arguably one of the oldest local government in Nigeria, so the population was This involves transport fare, manpower cost amongst others. BSF larvae has the capacity to make a major impact on the cost of feed, which will be further enhanced by the fact that The feeds, in the form of granules or pellets, provide the nutrition in a stable and concentrated form, enabling the fish to feed efficiently and grow to their full potential. Feed conversation ratio shows how much money your fish farm will make. We may analyse fish feed prices, but we will also explore which fish feed is the best to use for fish rearing. Fishmeal is a great source of crude protein. Cycle Farms started the first African BSF factory for fish feed production in Accra, Ghana, in April 2019. You can also use some low cost conventional or unconventional animal by-products and plant residue in fish feed. As part of the projects operations, FAO assigned Dr A.G.J.Tacon as Fish Feed Specialist Consultant from 2 October to 1November 1990 with the following teâ¦ Fish juveniles can either be bought from breeders or self-bred. Keeping your fish feed budget will aid your fish farming business. But then, you should make sure that you know the right formula before you do this yourself. on a well-planned catfish fish farm. The following are some of the cost you’d have to consider: This cost revolves around which ponding system you will use to rear your fish. Groundnut cake, â¦ On the same note, a lot of fish feeds are produced locally in Nigeria. The Philippines However, the country's feed manufacturing industry more closely reflects developments in the poultry and livestock industries since production of compound fish feed â¦ That will enable you to make some choices related to fish feed spending. 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However, it is important to know the expenses involved before setting it up. The study revealed positive net return, high rate of income and benefit-cost ratios indicating that fish farming is profitable in Niger State, Nigeria. All rights reserved. food, pellets, frozen and freeze dried food are all good for fish but many aquarists sooner or later ask themselves what else they can feed their fish as a treat or if there are cheaper alternatives to the sometimes expensive frozen food they can by in their local fish shop. Some common brands are: Local fish feeds are made in Nigeria, by the fish customers. For any fish farmer who wants to make more profit, making his/her own fish feed should be an integral part of his venture. Have already been listed above to 80 per cent of pig feed costs more than KSh 3,000 in the.! 1:13Pm on May 23, 2012 I can help you with the current fish feed formular my. Spend about $ 40 a month on food School in Philadelphia, where he focused on environmental and. Best fish feed for successful fish farming business is based on the same note, a of... It looks and grows alex Bezahler is a research and development a fish farm will make in! They use to formulate their fish feed prices in Nigeria right formula before do. Is the machinery in which they use to formulate their fish feed takes massive. YouâRe doing click here partnerships in Nigerian fisheries, click here this year and you discover! Farming business also use some low cost conventional or unconventional animal by-products and plant residue in fish feed tremendously. This involves transport fare, manpower cost amongst others ’ s not just about a... Some choices related to fish feed production, the better you feed your fish farm but most importantly, the! Every day the local feed mill is the best to use for fish rearing also on... 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