Fish farming like other business has its pros and cons.. And truthfully its a very lucrative and yet a money draining business..
I have read articles about how lucrative the business is and how to
invest and reap millions.. All I do is just to laugh on reading such
article.. All they want is just for u to buy their manual and make
money.. Surprisingly most of them don’t have a farm of their own, they
are computer farmers who don’t have any experience whatsoever in the
business..
I know of farms within my area who have shut down their farms due to
frequent loss over the years.. I was also considering shutting down
myself after I lost close to 2 million naira, yeah u heard me TWO MILLION NAIRA, but after diligent study which took about a year I decided to give it my last shot..
I had to seek help from other farmers, but every farm I went to I
noticed they where all also running at loss.. That was when I decided
heading to songhai farms at benin republic.. At songhai I learnt all
what I was suppose to know concerning fish farming, from how to hatch(
spawning) to management, feed formulation and what have u..
I came back full of wisdom and found out what I did and did not do
for for the failure of my farm.. First, if you have never started
hatching on your own,my brother u have not started yet..so I carefully
built my own hatching ponds and with what I learnt I gave it a shot and
it was successful, I nurtured them to fingerlings stage and I got over
THIRTEEN THOUSAND FINGERLING at my first try..
I selected the best 4000 fingerlings for stocking for the
next 5 months and sold the rest.. This is one aspect for the failure of
fish farmers.. Most hatchery selects the best (shooters) for themselves
and sell runts to farmers, And we constantly feed these runts without
attaining a reasonable wieght thereby loosing our hard earned money and
waste our precious time..
IDENTIFYING RUNTS AS FINGERLINGS
If u still buy fingerlings from other farms please my brother follow the
guidelines below so your investment does not go down the drain..
1. Only buy fingerlings from recommended farms, especially those who specialise in the production of fingerlings and juvenile..
2. Runts head seems to be whitish in colour, their body is thinner
and is not proportionate in size to the head, they are like unfed
children..
3. Buy fingerlings or juveniles only from farms who use male and female fishes (brood stock) equal to or above 1.5kg..
Like I said earlier on I sold the remaining 9000 fingerlings which I
sold for 7 naira each and made 63000 naira hereby stocked the best 4000
(shooters) and I started raising them for the next 5 months..
Before I stocked the pond I disinfected it with “BLAGDON ANTI FUNGAI
AND BACTERIA” by doing this u have cleared the pond against any fungai
or bacteria present in the pond.. Sometimes u may stock and after a
while they start dieing due to an outburst of disease present in the
pond, so I advice all farmers to disinfect there pond using the
afore-mentioned drugs..
After two weeks of stocking I started to sort them into sizes Big,
medium and small.. My brother sorting is one essential activity u MUST
do to save ur investment.. If u don’t sort only less than half of your
fish will grow well and be ready for sale when most should be ready..
This is because its only the big and aggresive ones that will be eating
most of the time and they are usually less than half of the entire stock
you have in the pond.. But when u sort regularly most of the fishes
will be of regular size and they can compete with themselves for food..
So they can all grow at the same pace..
PLEASE DONT TAKE SORTING LIKELY..
Sequel to these I stocked my pond with a thousand fish into four
ponds ie I had four pond and stocked them with a thousand fish in one
pond to make up for the four pond (4000)..
One other thing that makes us loose money is overstocking of
your pond.. Your fishes will not grow.. Because the water gets polluted
easily and this will cause the dissolved oxygen to be depleted in the
water.. And when this takes place the fishes wount eat well their
appetite for food will be lost.. So I guess a farmer should measure his
pond well before stocking..
FEEDING YOUR FISH
You know feeding takes 70% of the total cost and there are no cut
corners in feeding your fish..I tell farmers that “What you give to them
that’s what they will become” and that’s a fact.. I have seen farmers
that give their fishes Eba and the likes for them to gain weight, and
its no surprise to me when they sell at a loss..
As long as you have right fish (like shooters) and u sort and
don’t over stock my brother you can go ahead and feed them very well..
Let me tell u one deep truth when u stock the right fish(shooters) they
can even eat less and yet grow bigger..
Now there are all sort of feeds available in the market from
coppens,durante,multifeed,zeigler,aqua feed, ranan,vital feed etc..
When
I started back then I was using coppens and there was a time I even
bought a fake of it (coppens) but for some time now I have been using
zeigler and I must say that I prefer zeigler to coppens.. I know most
farmers will be raising eyebrow now but that’s a pure fact..
Infact I
had a client that sells vale viva feed back then the company did an
experiment of coppens, zeigler,multi feed and durante, she told me that
ziegler came out top,but I wasn’t suprised because I had done my own
finding too.. I find zeigler to be the best feed after using it.
Now if you don’t feed your fish regularly they will not grow .. And u
should know the size of feed you give to them at the right time..
Feeding should be three times a day but at the third month feed them
twice a day while ate the last month u full feed once a day..
At the third month farmers tend to switch to local feed and they sort
for a good local feed… Back then I used local feed, I had a good
combination but I found out that most of the ingredient are adultarated,
especially the fish meal.. And fish meal is the main ingredient to
produce a good feed and for rapid growth..
Some farmers include blood
meal but I bet that majority of the so called blood meal are not they
are sometimes burnt tyre.. I know right now u may be wandering but yes
that’s the truth. Pardon me to use broken english abeg “dis my leg don
waka because of this feed formulation wetin I see na only God know” Am
not saying there aint no good ingredient out there but most of them are
fake, and u feed your fish and realise that they don’t grow as
expected..
So I stopped using local feed and I deviced a method that after three month I switch to VITAL feed.. If u
compare the cost of vital feed and the local feed we spend time and
energy on its not that big.. And truthfully vital feed is not an
imported feed it is made here in nigeria so to me vital feed is also a
local feed..
Some farmers may say we do local feed to reduce cost and I
laugh at their ignorance.. It is better to go straight to the point than
cutting corners and whereby you may still be cheated on the local
feed.. When u have a good fish its better you feed them with quality to
harvest quality..
CHANGE YOUR WATER
I have been to farms where the water is so polluted and stinks.. I
wonder how such farmers reason.. Its just like putting 20 people in a
single room and u shut the door and window what do u think will happen
over time..
If u don’t change the water as at when due the environment of the
fishes will be too polluted to encourage good feeding.. The fishes’
urine, faeces and dissolve excess feed pollute the water and they won’t
eat well or digest the food because of polluted environment..
MARKETING YOUR CATFISH
At the fourth month my fish had attained an average of 1kg and 0.9
kg.. I was so fufilled because of the size and weight of the fishes.. I
started contacting buyers and eateries and joints. Some people advised
me to sell at that time but I had a time of 5month..
Now, some
farmers wait till harvest before they contact buyers and this is wrong
because when the time of harvest has elapsed they keep feeding the fish
and some may have depleted their money to feed the fished thereby
allowing the fish to loose weight..
Some fish buyers ” iya eleja” are gold diggers.. They are very smart
people that what to reap where they did not sow.. Most fish farmers have
fallen prey to there heinous act..
I have had some bad experience with these exploiters.. Years back
when they come to buy some of them bring charms (JUJU) along with them..
It sounds ridiculous but that’s some hidden truth..
There was this particular time I wanted to harvest some fish. Buyers
came to my farm (iya eleja) and one of them told me she wanted to pee
so I instructed my worker to take her to d toilet but unknowingly she
went to do some ritual right there in the toilet when she came out she
said she wanted to look at the fish so I took her to the pond.. After I
completely drained all the water.
They said that they can’t buy at the stipulated price again, I had to
send them away but to my surprise when I wanted to pump water back to
the pond guess what the pumping machine did not pump.. U may think its a
coincidence but its not it was perfectly planned by them.. I began
sourcing for water and I finally had to call them back.. Guess what as I
was selling to them and needed water to add to there big bowls the
pumping machine picked up..
I have heard so many stories by fish farmers about this women.. If u
want to harvest look out for buyers before that time and check out the
buyers in terms of character and composure.. Don’t allow any dick and
harry into your farm all in the name of sale..
Before the buyers come u
would have catch a fish as sample to show them and negotiate the price
before anytin else… All what am saying may sound strange to some but its
one of the hidden truth in catfish business.. Its better to get one
good customer than a thousand..
At the fifth month with hard work keeping to details I attained 1kg
and above.. The fishes where healthy and strong but it was not easy my
brother..
I spent roughly 650,000 on feeding alone.. And I sold all for about
1,800,000.. BOY!!! I was fulfilled and very happy that yes I made it
this time around.. So my net profit was roughly 1,000,000 if u subtract
salary, fuel, drugs etc..
My fellow farmers and aspiring farmers fish business is no joke.. Its
not what u toil with, its serious business.. Before u venture into it
go and learn it practically.. Go to a good farm to see for yourself..
Majority of the people that claim to be in the business are thieves..
They have sugar coated mouth to lure people into it and take their
money…
I had to squeeze out time to write this little piece for aspiring and practising farmers..
I am not here to sell any manual/books fingerlings or juvenile
please.. Am here to answer any sort of question you need to know about
catfish farming.. Feel free to ask me because I want the best for
everybody, let’s share ideas and make money together rather than
exploiting people… So am all ears to your questions.. GOD BLESS YOU
ALL..
Sourced from: Nairaland
It is said that 'knowledge is the bedrock of existence'. As such, this blog serves to freely inform the general public about the importance of agriculture. The blog also serves to educate people on the different products that could be used on plants and animals to boost their growth and minimise loss and mortality.
Wednesday, 14 December 2016
Agro Export Basics For Beginners
With dwindling oil revenue in Nigeria,
instability of crude oil prices, scarcity of FX and import
irregularities and instability, price instability etc, there is a
massive shift by investors into the non-oil sector investments and
exports.
The Nigerian export business and investment is driven primarily by the Agricultural commodities and the mining sector.
This article intends to provide a basic export education for the Agricultural export for intending and prospective exporters.
First of all, do your homework and know yourself. Realize that it is a
commitment for a long, long term. Know your strengths and go for it.
Outlined below is a guide to export trade:
An overview of Export Trade
Categories of Exporter
You can export Products/Services from Nigeria under the following categories:
– Merchant
– Agent
– Producer/Manufacturer
Challenges
As a beginner in the trade, you may experience some challenges. Some of which are:
(i) Lack of product and Market information
(ii) Logistics Management of export trade
(iii) Non conversant with export procedures and documentation
(iv) Lack of access to fund to start export business
(v) Lack of export culture
How to develop an export culture
(i) Start attending workshops/seminars/conferences to acquire export knowledge and
(ii) Focus on one or two commodities.
(iii) Get extensive education and training and investment information on commodities of interest.
(iv) Pick up trial contract and begin to export.
To start exporting, individuals, companies/cooperatives should seek further understanding on the following subjects:-
• Registration with NEPC as an exporter
• The Export Quotation
• Product sourcing
• Market knowledge
• Funds Sourcing
• Making An Export Offer
• Payment methods
• Export Documentations
Other information required are:
• PRE-SHIPMENT INSPECTION OF EXPORTS (NESS)
• INCOTERMS 2010
• ECOWAS Trade Liberalisation Scheme
Illustration
For instance, Mr. X, a successful manufacturer has been in business for about fifteen years. He is turning out a good product; it is selling well in Nigeria; and he would like to extend his plant and increase his production. But to do this, he needs more customers. He has an idea.
Why not look for those new customers in foreign markets as well as at home. This will not only help him, but will bring into his country more of the foreign exchange that it needs.
At this point, he is taking the first
step towards becoming an effective exporter – because exporting begins
with a state of mind. It is not, or should not be a casual business. A
businessman should enter upon an export campaign with energy and
determination and with the intention of persevering in it. If he views
foreign markets merely as a place to get rid of occasional surpluses, he
is an in-and-outer, who makes no enduring impression. Worse, he can
damage his country’s reputation as a reliable international trader.
A businessman usually cannot or will not
turn into a successful exporter within weeks or even months. It will
probably take much longer. But the time and care taken to select the
right product and the right place or places for an initial export
venture can minimize the risk and make ultimate success quicker and more
certain.
Exporting does begin with a state of
mind – a state of mind that a firm’s management must share. The
management must believe in this importance of exporting, and must
realize that it is wise and will be profitable to diversify it markets.
To start with, it must ensure that export orders always receive the same
attention as domestic orders; that money is set aside for research into
markets, travel, and promotion; that knowledge about foreign markets is
systematically acquired and kept up-to-date. At some stage, it may even
consider allocating a certain amount of production to export, and then
prepare to go out and sell.
AGRICULTURAL EXPORT COMMODITIES SOURCED FROM NIGERIA.
– Cocoa
– Cocoa
– Local Food Stuffs ( Note that restrictions exist for some countries)
– Cassava Starch
– Gum Arabic
– Raw Cashew Nuts
– Ginger
– Dried Hibiscus leaves
– Kola nut
– Bitter kola
– Garlic
– Sesame Seed
– Rubber
– Cotton
– Hides and Skin
– Fresh Vegetables
– Charcoal (Recently banned)
– Wood & Timber
There are so much more. You need to do a
thorough research on a particular commodity of interest. Ensure you get
proper investment education and a well researched business and
investment fact file on each sector of interest.
In conclusion, like earlier stated, you
won’t become an exporter just by reading this article or by attending a
one or two day workshop. It is a journey that starts with getting the
required education first and information. Develop a clear business and
funding plan and above all find those who have been into the export
business to mentor you.
Article written with references and inputs from the NEPC Export for beginners’ fact sheet.
Investment Opportunities in Gum Arabic
Gum Arabic is a perennial tree found
growing wild in large commercial quantity in the northern parts of
Nigeria. However, when cultivated it takes about 5years to mature. At
maturity, the tree when struck or pierced with sharp metal object like
knife, oozes out whitish sticky sparkling substances.
The raw gum command high commercial value both local and international.
Nigeria produces less than 30 per cent
as Sudan produces about 70 per cent, leaving about 30 per cent for
Nigeria and other gum Arabic producing countries of Mali, Senegal, Chad
and Niger Republic.
It is generally believed that Nigeria’s actual production of gum Arabic does not reflect her potentiality.
SOURCING
Some of the Gum Arabic producing states in Nigeria includes; Adamawa, Bauchi, Borno, Yobe, Jigawa, Gombe, Taraba, Plateau, Sokoto, Kebbi, Katsina, Nasarawa ,Niger and Zamfara. Though Borno and Yobe states are the major producers in Nigeria.
PRODUCTION STATISTICS
Nigeria is the leading producer of Gum Arabic in West Africa. Nigeria currently produces about 20,000 MT of gum Arabic annually ranking second in the world.
PLANTING SEASON
Sowing is done early in May in order to ensure adequate development of the seedling before transplanting in July.
USES
Gum Arabic is used as thickener, suspender, emulsifier, stabilizer, flavour carrier, binder and encapsulating material.
In addition, it is used in confectionaries, food, beverages, pharmaceuticals and chemical industries.
The gum has binding or adhesive
properties and as such is used as a good emulsifying agent. It is
therefore most useful to pharmaceutical, food, and beverages
flavourings, dairy and ice cream, cosmetics and the confectionary
industry.
LOCAL PRICE
The local price of gum Arabic grade I ranges from about N170,000 to 200,000 /MT.
EXPORT MARKET
The major markets for the product are: Belgium, China, USA, U.K and Japan.
PROCESSING
The processing technology is relatively simple and involves the following: sorting, crushing, dispersion in water, purification or straining, precipitation, separation or centrifuging with alcohol. Drying, milling or spray granulation.
The application of the right machinery in this process will yield a high grade of the refined gum Arabic powder or granules capable of meeting the international trade grading standard.
HARVEST
Gum Arabic is harvested during the dry season because during the rainy season, no gum is formed since the trees are in full bloom. The dry season lasts from October to June and the gum is collected every 10 days during this period. After collection, the gum is brought from the farms and stands to villages from there it’s transported to market.
STORAGE
Gum Arabic should be in clean, cool dry
place. It does not deteriorate due to long storage under such favorable
condition. However, if stored where rain can affect it, the gum becomes
hardened and darkened in colour, and this can affect its quality.
PACKAGING
All gum for export must be packed in double Bagco type bags. The outer bag should be new and sound. Used bag may serve as inner bag, but it must be clean, dry and strong.
GUM ARABIC INVESTMENT SUMMARY
In conclusion, investment opportunities exist for Gum Arabic in Nigeria under the following value chain;
– Production (Gum Arabic Farming)
– Gum Arabic Processing
– Storage
– Gum Arabic Export
– Gum Arabic Packaging
Note: You can always approach the Agricultural Developement Bank for funding.
We have an article about them on our blog
Nigeria: Made Holds Workshop On Cassava Livestock Feeds
The Department for International
Development’s programme, Market Development for Niger Delta (MADE) has
held a two-day workshop to build the capacity of livestock feed
manufactures in Ondo State to enable them produce quality feeds from
cassava grits.
Oderinde said the use of Cassava grits by livestock feeds manufacturers in the Niger Delta region would cut the cost of production of the feeds.
He said Cassava was known to produce 250,000 calories/hectare/day compared to 200,000 for maize, 176,600 for rice, 114,000 for sorghum and 110,000 for wheat hence the choice of the crop.
Calling on processors to embrace Cassava based feeds; Oderinde said cassava-based feeds were currently cheaper than the maize-based feeds especially in the face of escalating price of Maize in Nigeria.
“Amazingly, 1 metric ton of maize sold for N35,000-N40,000 last year now sells for N140,000 (About 250 per cent increase),” Oderinde explained.
He however said that the 2million Metric Tonnes (MT) of annual maize requirement by the poultry subsector of the economy could be substituted up to about 50 per cent by suitable cassava derivatives.
According to MADE’s Cassava Intervention Manager, Mr. Chyka Okarter , the preference for cassava grits by the poultry sub sector presents a potential opportunity for 1million Metric Tonnes (MT) cassava grits supply into the poultry feeds sector.
Okarter said the opportunity offers market linkage to cassava farmers and processors in a sustainable manner.
He explained that the use of cassava peels and the under sized roots for livestock grit will present an additional income to the processors and thus offset the effect of high cost of cassava roots.
Okarter lamented that about 14 million tonnes of Cassava by-products, including peels and under-sized tubers are thrown away as waste annually because of the dearth of information and knowledge of the proper technology to produce cassava products of guaranteed quality that will meet the procurement requirements of the mills.
“It is therefore imperative, based on the current demand from the poultry subsector for investors to explore and achieve the right product for the industry and also sustain their commercial interests as well,” Okarter said.
Jigawa Govt partners AFDB to develop irrigation scheme
The Jigawa Government says it will
partner with the African Development Bank (AfDB) to upgrade the Hadejia
Valley project, to encourage irrigation activities.
Abubakar said that the state government and the bank would sign a Memorandum of Understanding (MoU) on the project.
He said that under the agreement, additional hectares of farmlands, channels and tube wells would be provided to expand the scope of the project.
“We have reached progressing stage in talks with AfDB. We will clear blocked channels, construct new ones and open up more lands to farmers.
“This is to provide lands for cultivation and enhance effective utilisation of water and agricultural resources,” he said.
Abubakar added that his administration had adopted proactive measures to enhance farmer-support services, to encourage agricultural processing, add value to the produce and farmer enterprising skills.
The governor commended the community leaders for sensitising and mobilising their people toward their participating in agriculture, adding that the trend would encourage food production and enhance wealth creation in the state.
The News Agency of Nigeria (NAN) reports that the Hadejia valley project was initiated by the Shehu Shagari’s administration to encourage irrigation activities, enhance fishery and water supply to communities.
However, only 5, 000 out of the projected 25, 000 hectares of farmlands were developed under the project in the last 30 years and 3, 000 hectares of lands cultivated by farmers.
Tuesday, 13 December 2016
Our rice’ll be sold at N13,000 per bag
Lagos State Government has pledged to make rice available to residents at a reduced cost of N13, 000 per 50kg bag.
The Lagos State Governor, Mr. Akinwunmi
Ambode, disclosed this on Thursday during the 2016 Agricultural Summit
organised by the Agricultural Sectoral Group of the Lagos Chamber of
Commerce and Industry.
Ambode, who spoke through his Special
Adviser on Food Security, Mr. Ganiyu Okanlawon, said the state had
entered into a partnership with Kebbi State Government to produce ‘Lake
Rice’ which would be made available to consumers at N13,000 per bag in
the coming weeks.
Speaking during the programme with theme
‘walking hand-in-hand to move agriculture forward,’ Amobode disclosed
that his government had also established a department of agribusiness
in the Ministry of Agriculture, an agricultural trust fund and the first
commodity exchange market in Nigeria.
In his opening remarks, the President,
LCCI, Dr. Nike Akande noted that the agricultural sector was expected to
play a pivotal role in the nation’s quest for diversification through
increased non-oil earnings, job creation and foreign exchange earnings.
“These are needed to drive the economy towards the path of recovery from recession,” she said.
Citing data from the National Bureau of
Statistics, Akande noted that even after the recent rebasing of the
nation’s Gross Domestic Product, agriculture still accounted for a large
share of its economic activities.
She urged the government to do more in
terms of providing enabling business environment where private sector
businesses could thrive, adding, “The development of a good rail network
to facilitate the movement of agro produce to markets cannot be
overemphasised.”
How dollar rush by farmers fuelled fears of famine
There are fears of looming famine in the country. And this is not unconnected to the huge desire by farmers to earn dollars.
Recently, it was gathered that grains
and other farm produce became scarce in the country after farmers
decided to take their produce across the borders for sale to earn
dollars, thereby starving the local market.
The President of the Poultry Association
of Nigeria, Dr. Ayoola Oduntan, attributed the high cost of poultry
feed to the scarcity of maize and soya beans.
He said, “The price of feed has gone up;
and feed is the most important component of production. For instance,
in egg production, the feed is the most expensive part. What makes up
the feed is maize, 40-50 per cent; and soya beans, 20-30 per cent. So,
70 per cent of the cost of production is made up of feed.
“Now that is the beginning of harvest,
when the price of maize is supposed to be at its lowest, we are
currently buying maize at N120,000 per tonne. Soya beans used to be
between N80,000 and N100,000 per tonne; now, it is N140,000 per tonne.
When it was N80,000, we thought it was too expensive.”
However, recently, the Federal
Government came out to allay the public fears over famine, assuring the
people of sufficient mechanisms to achieve food security in the country.
The Minister of Agriculture and Rural
Development, Chief Audu Ogbeh, who gave the assurance, said the Federal
Government had engaged in the buy- back of assorted grains under the
Guarantee Minimum Price Programme for restocking of strategic silo
complexes.
He also said that farmers in some states
of the federation had already commenced preparation for the dry season
farming to ensure adequate food security across the country.
He added that the government was poised
to make farming an all-year business by creating dams and lakes in every
part of the country to support irrigation system.
He noted that crops would thrive and yield better through the irrigation system.
He said, “Nigerians have no reason to
panic; we have made arrangement for some states to start planting so
that we have second crops by April.”
Ogbeh disclosed that Nigeria had signed
an agreement with the government of Morocco on local production of
fertilizer, with a target of one million tonnes. This would boost food
production in the country.
He added that the introduction of
soil-specific fertilizer application, developed by the ministry, would
go a long way in increasing high crop yield.
According to him, a total of 30,000
slots have been allocated to the ministry under the N-power scheme of
the Federal Government.
This, he said, would enable the people
to be trained under the agricultural development programmes as
agriculture extension workers and they would serve in their respective
local government areas.
Ogbeh added that the ministry had
acquired 110 various capacities of rice mills of 10 tonnes, 20 tonnes,
50 tonnes and 100 tonnes per day for distribution to cluster farmers to
boost rice production and milling capacity in the country as a way of
attaining food sufficiency.
The minister admitted that for the first
time in the history of Nigeria, the country was witnessing strong
purchase of grains from as far as Namibia and other countries, which
signalled a challenge to the nation as well as a benefit to Nigerian
farmers.
FG assures of self-sufficiency in rice production in 2018
The Federal Government has assured of
self sufficiency in rice production in 2018 through the implementation
of right policies aimed at boosting agricultural production in Nigeria.
Addressing participants at the 3rd
edition of the Rice Investment Summit anchored by the Nepad Business
Group Nigeria in Abuja, the Minister of Agriculture and Rural
Development, Chief Audu Ogbeh said that Food sufficiency was a major
goal of the Federal Govt.
He said the Federal Government has put in place an Agric Promotion
Policy (APP) which sets a target for self sufficiency in rice production
for 2018.
Represented by the Director of Agricultural Development in the Agric
ministry, Mr. Obinna Opara, Chief Ogbeh in a Keynote Address, expressed
delight that Nepad Business Group Nigeria had brought key actors
together to chart a way forward for rice production which he described
as a critically important staple.
He also reeled out implementation strategies for government’s auspicious drive.
Earlier, the Chairman, Nepad Business Group Nigeria, Mrs. Nike Akande,
represented by the group’s top official, Mallam Abu Aliu stressed that
the 3rd edition of the Rice Investment Summit was geared to build on the
success of the previous editions. She also highlighted the crucial need
for diversification of the economy which rice production could fill.
Also speaking, Mr. Dosumu Oluwole the Acting Head, NEPAD Business Group
Nigeria Secretariat expressed his appreciation to all who graced the
occasion and used the occasion to restate the resolve of the NEPAD
Business Group Nigeria to continue to intervene and partner with other
stakeholders in the rice value chain to help bring transformation to the
economy of Africa.
The theme for the event was: 2018 Self Sufficiency in Rice Production:
Opportunities Challenges, and the Road Ahead – Stimulating Production
with the Right Policies, Practices and Technologies.
Lagos to train youths in agro-business
The Lagos State Government says it is set to partner the National Images Incorporation to train 5,700 youths in agro-business.
He said, “The state government is supporting the scheme by sensitising all councils in the state to collaborate with the National Images Incorporation on the execution of the training programme.”
The project Director, Mr. Bamigbade Oluwasheyi, said the training was aimed at providing youths with the necessary skills in agriculture.
“Over 5,700 participants from all the local government and local council development areas across the state are expected to participate in the training programme. They will be trained in best practices for catfish production, processing and marketing, as well as soilless vegetable production and marketing techniques,” Oluwasheyi said.
He added that the training would guide the trainees on how to access credit facilities from cooperative societies.
How To Start A Profitable Goat Farming Business
One major form of animal farming that
has not been adequately tapped by Nigerian farmers and agro investors is
goat farming.
Everywhere in the world, goat meat has been rated high in
nutrition and very important alternative to beef which has been noted
to be a major cause of over accumulation of cholesterol. Goat meat is
generally acceptable and consumed worldwide as a major table delight.
However, as nutritious as goat meat is,
as desired as goat meat is,as marketable as as goat meat is, Nigerian
investors and farmers are yet to adequately tap into this venture and
reap the abundant profit therein.
Goat farming is unarguably a vast investment opportunity for any serious entrepreneur to make huge returns of profits on investment.
This is
assured because goat meat has a very high demand than any other animal
meat such as beef,chicken which have high concentrates of animal fats.
An intensive investment in goat farming can also produce goat milk that
is currently demanded for the production of cheese, butter, ice cream
and yoghurt.
Also, in Nigeria, only a few
supermarkets can boast of having goat meat for sale while beef and
chicken are abundantly available. The demand is absolutely high. More
so, the meat could be used for all kinds of delicacies ranging from
Stew, Soup, Pepper Soup, Suya, the popular Isi-Ewu, etc.
These various
forms of consumption have made its demand very high. It may interest us
to know that in view of the afore mentioned high demand, about 60% of
goats meant for consumption in Nigeria is imported form Niger Republic,
30% is realized from goat farms in the North while as little as 10% is
realized from isolated goat farms across other parts of Nigeria.
Therefore, given the current campaign and advocacy for direct increase in Agriculture, goat farming is a sure way for increased productivity and boost in the employment generation drive of the nation.
It may also interest us to know that
goat farming has a capacity to increase the revenue base of a nation as
it has proven in some countries to be the major source of family income,
where families produce averagely per family about 500 to 700 goats
annually.
The cumulative results of this is that the families as goat
farmers produce beyond the consumption capacities of such nations. When
this happens, there is enough for export which thereby result in foreign
exchange earnings.
With the availability of grazing land in Nigeria,we can have goat farming investors that could produce more than the local market demand in Nigeria. That would be a direct foreign exchange earning. This means there is a huge untapped market potential for goat farming.
Why wait
when this opportunity is there? Why choosing to be unemployed when you
can earn much from goat farming. YES YOU CAN ! Invest in goat farming
now and reap high profits.
HOW TO START A GOAT FARM
There are basic things an investor or a farmer must consider adequately in setting up a goat farm. Such things include:
(1) GRAZING LAND
A farmer must acquire a pasture as grazing land for his goats. Goats need good pasture because they eat quite a variety of grasses, weeds, leaves and plants. They also tend to eat these and other varieties at different seasons.
Although, other formulated animal feed could be used,
it is more advisable and cheaper to allow goats on a grazing land and
natural pasture.
It is important to also know that goats like roaming and they eat while moving. This therefore means that we must strive to acquire space for their natural grazing.
The land considered for acquisition here ,
however depends on the number of goats one wishes to keep in his farm.
We need to keep a maximum of 20 goats in an acre of land This space is
necessary because goats like to move about in spacious environment.
They
like to move away from each other. For the farmer, it is also necessary
to disallow over crowding because over crowding would aid disease
contamination and spread. Therefore to keep 600 goats, we need about 30
acres of pasture ground.
(2) FENCING.
Fencing is another major thing to be considered in goat farming. Once the land has been acquired, it is highly necessary to fence it . Although , some farmers may decide to construct perimeter short block fence round the pasture ground, it is however recommend to use barb wire to fence the farm. This would allow adequate exposure to natural ventilation.
The barb wire fence is also more protected against external
predators like carnivorous beasts. This fence should be about 1.3 to
1.5 meters high. With this, the goats cannot successfully climb over the
fence.
PROVISION OF REST HOUSE
Goat generally like to rest after eating . And in doing so, they like to move over to a comfortable place in the farm to rest, just as humans like to rest after work. Goats do not like to stay in the rain or remain in a hot atmosphere in a sunny day.
Also, when the weather is too cold
for them, they move over to a more favorable place. This is why housing
is a major consideration.
VETERINARY OFFICER(S)
There is the need to ensure the availability of veterinary services . You may need to hire a veterinary officer who will daily monitor the well being of the goats and administer the necessary medication if the need arises . You could also arrange a contact with a veterinary officer, who would from time to time visit your farm to assess your goats. The method adopted here is largely dependent on the number of goats in the farm.
PROFIT MARGIN IN GOAT FARMING.
It has already been established that there is a wide profit margin in goat farming. I want to state that one can start small ,but this business has a limitless capacity of expansion. Assuming one starts this business at a small scale of about 420 goats , a matured goat for harvest for sale is sold at about N15, 000.
If you produce 400 goats at
N15,000 ( assuming you lost 20 goats to mortality) you would realize
N6,000,000. That is , 420 minus 20. This leaves us with 400 goats. Then,
multiply 400 by N15,000.
Assuming you incure as high as N1,000,000 as
costs of purchasing kid goats ,feeding and medication, you would have
made a profit of N5,000,000.
That means after about 2 years of
establishing this business , your money making venture is sure and
guaranteed. N5,000,000 annually puts you at a monthly salary of about
N400,000.
This is indeed a business with high profit on return. It is also less time consuming and you can engage in other businesses while doing goat farming.
Thinking of starting a goat farm? Yes !
Take the step to start. This is the right time. Let your farm take off
in January. Prepare for it now. It is simple and stress free. At your
request, we can help you prepare a feasibility report and business plan
to properly take off. Why feasibility report? This will enable you to
know the A to Z about Goat Farming, approach a Micro Finance Bank or
Agric Development Bank in case you need a loan which would not be much. A
business plan would also act as a working guide on stages of this
business.
Subscribe to:
Posts (Atom)