Your cart is empty!
View Cart Checkout
Cart subtotal: 0.00
Sale

ASSIGNMENT ON BUSINESS PLAN/ FEASIBILITY REPORT FOR ANY FISH PRODUCTION UNIT

,

There is a short fall in fish supply relative to demand in Nigeria in general.  Fish, which contributes over 40% of annual protein consumed by Nigeria, is in very high demand. The total fish supply in Nigeria is about 741,000 metric tons/annum, whereas the demand is 1.5 million metric tons/annum. This leaves a deficit of 759,000 metric tons. The major sources of fish in Nigeria are;

  1. Capture fisheries (Artisanal/industrial fisheries and fish import)
  2. Fish farming (Aquaculture)

The “capture fisheries” contributes over 90% of the present fish supply while the supply from fish farming is very little. The low supply of fish from aquaculture has been attributed to relative newness of the art of fish culture in Nigeria, with most investors largely unaware of the potentials and the likely economic gain from the venture. Fish farming business can be regarded as very profitable for the following reason;

  1. High demand for fish
  2. Low input required for production with the utilization of agricultural wastes such as animal dungs, crop residues, particularly under the integrated farming practice that ensures bio-recirculation of organic residues or waste from the farming system
  • The use of marginal land unsuitable for other agricultural uses such as swamps and marshy areas; as well as land available around residential areas where fish ponds/tanks can be sited to add value and beauty
  1. High returns from sales of fish, and
  2. Edo state is a state with high demand for fish ,with limited supply and therefore relies on importation. Expectedly aquaculture will encourage local or domestic fish production

600.00 450.00

Categories: , Tags: , ID: 452

The objectives of this study are to;

  1. Provide a technical guide to investment in the project
  2. Compare realistically project cost and benefits by counteracting the time effects of differing streams of costs and benefits
  • Make available the necessary information that will enable the state governments fund the scheme

There are no reviews yet.

Be the first to review “ASSIGNMENT ON BUSINESS PLAN/ FEASIBILITY REPORT FOR ANY FISH PRODUCTION UNIT”