Post by Trade Coach on Feb 23, 2022 10:54:01 GMT 1
How To Start A Lucrative Fish Farming Business In Nigeria And Make Dollars From The Export Of Fish– Part 1
Fish is so expensive in Nigeria today that if care is not taken, and things continue the way they are going, within a short period of time there may not be enough fish to supply the protein requirement of the nation.
The scarcity of fish in Nigeria today cannot be overemphasized, everywhere you go, there is scarcity of fish, but we have all the resources required to become major producers of fish in the world. We are just doing ourselves by not taking advantage of natural resources available in our country.
Fish is a healthy and nutritious source of protein; it is consumed all over the world. In this article, we are going to concentrate on starting and succeeding as a fish farmer in Nigeria and how to scale it to the export arena.
One of the most lucrative businesses anybody can venture into today in Nigeria is fish farming business; it is also referred to as aquaculture. Fish farming is one of the commonest businesses people have been engaging in the country over the years because of its low level capital entry. It costs very little in terms of capital to engage in fish farming in Nigeria today.
Fish farming is a type of business you rear your fish for local consumption, commercial purposes or even for export. If you are looking for a business that you can do and be sure of generating good income in Nigeria, I sincerely recommend fish farming to you. The market is ready at all times with hungry buyers waiting with their cash.
What are the benefits of fish farming?
The demand for fish in Nigeria alone is so huge that it is going to be difficult to satisfy the hungry crowd with money in their hands ready to buy your products at any time. Go to our local markets today and see how scanty fish shops are; they always complain of inadequate suppliers. This shows that the business is waiting for investors that will fill up the gap.
Fish is one of the highest sources of protein available in the world today; it is consumed in large quantities if available in most parts of the world. The demand for fish is evergreen, and it is all year round. The demand continues to grow with increasing population.
Fish grows rapidly; your capital is not in any way tied down for months or years as it is in some investments before maturity. Therefore, investing in fish farming will bring to the investor quick returns and availability of cashflow.
The fish industry remains the major source of protein for the large population in Nigeria today; consumers can easily afford fish instead of the very expensive meat in Nigeria; everybody can attest to that. Meat is too expensive in Nigeria.
Low cost of set-up
Fish farms are easy to set up even in residential areas, and you can also set them up in large farms too, depending on your financial capacity. In the street where I live in Lagos, I can count at least three (3) fish farms on the street alone, the farmers are doing fine. The market women come regularly to buy from them.
The wise investors are making cool money from the business. You can engage in fish farming with any other business of your choice, it does not take too much of your time, it does not restrict you in any way.
I have taken my time to visit my neighbours rearing fish, and I discovered that you do not even need to build concrete ponds; they are just using plastic tanks to rear their fish. The good thing is that they are doing well; what you need is initially getting a good mentor that will take you through all it takes to succeed in the business and you are good to go.
In the part 2 of this article, we are going to discuss how to farm different types of fish and how to scale the business into export.
GREAT OPPORTUNITY FOR EXPORTERS
We are one of the biggest Export companies in Nigeria; we have access to ready to buyers in India, Vietnam and UAE cashew nut buyers for the current season.
One of these buyers buys from East and West Africa a total of 30,000 metric tons of Raw Cashew Nuts annually and large quantity of Cashew Kernel.
This buyer already has dealings with OLAM, ETG, VALENCY, FLUDOR, PARAGAN, SNK MAC and so many other companies.
How Will Have Access To These Contacts?
1. You will be required to pay a Non-Refundable Registration Fee in order to set up discussion between you and overseas buyer.
2. You will sign an MOU with us to pay us commission on every Fob price per ton and other terms (in US $).
3. Upon conclusion of Terms of Trade and Payment Terms, the buyer will issue you a contract.
This Business Is Suitable for Whom?
a. Established Cashew Nut Exporters.
b. Businessmen/ women.
c. Financial Institutions willing to partake in the cashew nut export contract etc.
2022 Cashew Nut Season:
The 2022 Cashew Season runs from January to June, 2022.
Exportable Tonnage:
You can choose tonnage to export based on the capacity of your company, from 250 metric tons to 5,000, 10,000 tons etc.
Fish is so expensive in Nigeria today that if care is not taken, and things continue the way they are going, within a short period of time there may not be enough fish to supply the protein requirement of the nation.
The scarcity of fish in Nigeria today cannot be overemphasized, everywhere you go, there is scarcity of fish, but we have all the resources required to become major producers of fish in the world. We are just doing ourselves by not taking advantage of natural resources available in our country.
Fish is a healthy and nutritious source of protein; it is consumed all over the world. In this article, we are going to concentrate on starting and succeeding as a fish farmer in Nigeria and how to scale it to the export arena.
One of the most lucrative businesses anybody can venture into today in Nigeria is fish farming business; it is also referred to as aquaculture. Fish farming is one of the commonest businesses people have been engaging in the country over the years because of its low level capital entry. It costs very little in terms of capital to engage in fish farming in Nigeria today.
Fish farming is a type of business you rear your fish for local consumption, commercial purposes or even for export. If you are looking for a business that you can do and be sure of generating good income in Nigeria, I sincerely recommend fish farming to you. The market is ready at all times with hungry buyers waiting with their cash.
What are the benefits of fish farming?
The demand for fish in Nigeria alone is so huge that it is going to be difficult to satisfy the hungry crowd with money in their hands ready to buy your products at any time. Go to our local markets today and see how scanty fish shops are; they always complain of inadequate suppliers. This shows that the business is waiting for investors that will fill up the gap.
Fish is one of the highest sources of protein available in the world today; it is consumed in large quantities if available in most parts of the world. The demand for fish is evergreen, and it is all year round. The demand continues to grow with increasing population.
Fish grows rapidly; your capital is not in any way tied down for months or years as it is in some investments before maturity. Therefore, investing in fish farming will bring to the investor quick returns and availability of cashflow.
The fish industry remains the major source of protein for the large population in Nigeria today; consumers can easily afford fish instead of the very expensive meat in Nigeria; everybody can attest to that. Meat is too expensive in Nigeria.
Low cost of set-up
Fish farms are easy to set up even in residential areas, and you can also set them up in large farms too, depending on your financial capacity. In the street where I live in Lagos, I can count at least three (3) fish farms on the street alone, the farmers are doing fine. The market women come regularly to buy from them.
The wise investors are making cool money from the business. You can engage in fish farming with any other business of your choice, it does not take too much of your time, it does not restrict you in any way.
I have taken my time to visit my neighbours rearing fish, and I discovered that you do not even need to build concrete ponds; they are just using plastic tanks to rear their fish. The good thing is that they are doing well; what you need is initially getting a good mentor that will take you through all it takes to succeed in the business and you are good to go.
In the part 2 of this article, we are going to discuss how to farm different types of fish and how to scale the business into export.
GREAT OPPORTUNITY FOR EXPORTERS
We are one of the biggest Export companies in Nigeria; we have access to ready to buyers in India, Vietnam and UAE cashew nut buyers for the current season.
One of these buyers buys from East and West Africa a total of 30,000 metric tons of Raw Cashew Nuts annually and large quantity of Cashew Kernel.
This buyer already has dealings with OLAM, ETG, VALENCY, FLUDOR, PARAGAN, SNK MAC and so many other companies.
How Will Have Access To These Contacts?
1. You will be required to pay a Non-Refundable Registration Fee in order to set up discussion between you and overseas buyer.
2. You will sign an MOU with us to pay us commission on every Fob price per ton and other terms (in US $).
3. Upon conclusion of Terms of Trade and Payment Terms, the buyer will issue you a contract.
This Business Is Suitable for Whom?
a. Established Cashew Nut Exporters.
b. Businessmen/ women.
c. Financial Institutions willing to partake in the cashew nut export contract etc.
2022 Cashew Nut Season:
The 2022 Cashew Season runs from January to June, 2022.
Exportable Tonnage:
You can choose tonnage to export based on the capacity of your company, from 250 metric tons to 5,000, 10,000 tons etc.