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Running a Lucrative Fish Breeding Business - By Nike Popo-Ola
Fish is adjudged to be a rich source of protein and this fact appears to
provide a ready market for it.
They come in various species and also serve as a source of income for breeders
and sellers.
In particular, the catfish, said to be common in big rivers and stream, usually
prefers current and deep water with sand, gravel or rubble bottoms.
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It also grows conveniently in lakes, reservoirs and pond.
Fish farmers have perfected the technique of breeding catfish in special ponds
for easy production and distribution.
One key difference about the catfish compared to other species is that it
enables the buyer to buy it live rather than being sold as frozen food.
Recently, it became more common to see women selling catfish in most markets and
even by the road sides.
Having noticed the increasing demand for this breed of fish, Mr. Bobola Abayomi,
the Chief Executive Officer, Bob-Agro Allied Consult, in Lagos, decided to
venture into the business of producing catfish.
Today, he not only supplies to buyers, he also trains people on how to make a
living from it.
To start the business, he says, one needs to have sound knowledge about the
product, because poor knowledge can cause a major loss.
For this breed of fish to thrive well, he says, they should be bred on a land
where there is water.
“To breed catfish, you will need a land space where there is sufficient water
because water is a major necessity for breeding fish,” he says.
In terms of capital for the business, he says that what one needs to invest in
it will depend on the capacity of the business.
He adds, “What is certain is that if you apply the right knowledge in breeding
catfish, you will surely reap a good return from it.
“For instance, to start with 500 fish, you require about N150,000.”
He adds that if everything necessary is put in place, it is possible to realise
hundred per cent returns from the business.
Continued in Page 2
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