👉🏻 *Shrimp Farming Business in Nigeria*
❤ *How to get started with this highly lucrative business in Nigeria*
Shrimps are small aquatic animals belonging to the sub- phylum crustaceans, known as shell fish and also our popular periwinkle we buy from the market. They are low in calories and are sources of unsaturated fat ( saturated fats are usually called the bad fat that increases our cholesterol which lead to coronary heart disease while the unsaturated fats are the good fat) They are cheap source of protein for human consumption as well as a source of income. Research has shown that all shell fish has at least 16% crude protein and high crude protein content than egg ( 13.36%) except for the blue crab.
Shell fish is of high demand both locally and internationally.
Shrimp Farming
We all know that shrimps are originally produced from wide capture but this method can not sustain global demand, as a result of decline in shrimps produced through the wild capture. Nigeria is one of the countries with abundance supply of shrimps because of our numerous coastal and mangroves area. Despite this, we still can meet our local demand on shrimp.
Farming methods
Traditional / extensive : it is the simplest where the shrimps are farmed with minimum supervision, the farm is situated in coastal or mangrove areas and seed are gotten from the wild, as a result the supply is season dependent. Average stocking is relatively low (3000-5000 fry per hectare) and a yield of 500-700kg /ha/year. This method of farming does not require the use of pump or aeration because water exchange is left to tidal action.
Semi- intensive: It’s just an improved version of the traditional method . Pond construction are generally rectangular shaped of about 1-3 hectares and water depth of 0.8-1.2 meters. Each pond has seperate inlet and outlet gates to facilitate water exchange, pond preparation and harvesting. A diagonal ditch of 5-10m wide and 30-50cm deep extending from inlet to outlet is also constructed to facilitate drainage of water and collection during harvest. The ditch also serves as refuge for the shrimps during sunny days. This method allows for high sticking rate of 20,000-50,000/ ha fries with the use of supplementary feeding . Fertilization of the done must be done with phosphorus to allow natural bloom of phytoplankton , zooplanktonand algae. This operation requires the use of water pump to facilitate water exchange.
Intensive: This is most financially rewarding method as it promises more yield and more return on investment. The main reason for intensive is to hasten the growing cycle, increase yield per hectare. In this system, conditions must be well controlled to achieve a desirable result . Their feed is also augmented with algae, a tank should be gotten to breed algae in other to support well balanced meal. It is possible to produce seed stock all year round and to stock higher densities, as it is possible to stock more shrimp per unit area, the pond used could be small in this set up , aeration is the ‘key’ to keep oxygen supply at a desired level to avoid a situation where the shrimps die from lack of oxygen. High water exchange is also necessary in getting rid of the waste materials from the water. Lastly, there is need for round monitoring. Survival rates and yield are high, understandably , production cost is also high but if done well, the profit is also smily 😁
How to start a fresh water shrimp business
It requires some effort and certain factors has to be put in place before starting.
* choosing the right location; location is important because its affect survival, growth and yield of shrimp to be farmed. The following are the things we should consider ;
Proximity to marine water, soil and topography of the area is important . The soil must have at least 25% clay so to be able to hold water. The soil should be tested to determine its acidity, level of fertility, organic load and physical composition factors play a big role in the quantity and the yield.
Ease of access to shrimp larvae to reduce the cost of transportation and also reduces handling stress the animals will be subjected to.
* Construction of pond and creation of suitable ecosystem
It is important to construct two inter connected ponds to aid convenience in transferring of shrimps. In case of the extensive farm which is located along the coast or mangrove, the tide will provide the necessary water exchange but in the intensive , the water needs to be aerated at all times. Most intensive practices employ the use of pumps/ paddlewheels to keep oxygen level at constant and remove water impurities, thus ensuring better yield. Building a gate system for the exchange of fresh ocean water if your pond is located near the ocean makes a lot of sense and it will save you a lot of maintenance headache. For suitable shrimp ecosystem , the pond should be stocked with algae and phytoplankton. Water must always be tested to ensure it is free from harmful bacteria and chemicals before introducing the shrimps. The PH level of the water must be greater than 6.5 but less than 10( optimal range range is btw 7.5-8.5). The PH meter is always used to check the water and this purchased at aquarium kingdom, Ejigbo or any of the shops in abattoir where they sell animal drugs . The pond must also be free from frogs, small fishes etc which are predators to the shrimps ( predators are animals that hunt on other animals to survive)
It should be noted that newly dug ponds yield poor result in the first year due to lack of build up of algae or insect larvae for the shrimp to feed on but consequently there will be mark of improvement of the gradual buildup of organic matters.
* Feeding and Feeding Regulations
Feeding is very essential to ensure that shrimps get to a desired weight when a specific period of time. It is also a major cost that is incurred in shrimp farming business. At the early satage of growth, shrimps can live on the natural food in the pond, as such fertilization of the pond is very important. As shrimp mature, supplementary feeding is required because their level of comsumption increases and natural food in their pond becomes insufficient. Common supplement include dry pelleted feed, rice bran, household left overs . Supplementary feeding can be administered by the use of automatic machine feeders, feeding trays or broadcasting by hand.
* Harvesting Shrimp
The last stage is an ideal situation , it is carried out in October- just as it begins to get cooler; this stopping the growth period of the shrimp. Matured shrimps can be culled from the pond prior to the main harvesting leaving the smaller ones to be harvested at the same time when they are bigger. The shrimps can be harvested by the use of net or by draining the pond. Harvesting is best done in the cool hour of the day, this is to prevent sun from increasing the temperature and decreasing the volume of oxygen and water levels which can kill the shrimp.
* Oppoutunities In Shrimp Farming
The market of shrimp is a global market and the demand is widened, creating room for people to step in because of our favourable climatic conditions. There is an opportunity for making millions when you follow the right steps to take.
When you take a bold step, the first year might not be smiling but believe in yourself , take note of your mistakes and build on it to make a better cycle.
All restaurants purchase shrimp every day for their delicacies
We all have to know that shrimps are small and numerous in number like our catfish fingerlings
pilferage is one of the major things that is killing farmers
In other to be successful farmers must be ready to be present on ground at all times and also
We should not relent in praying to God for good or sound health
Thanks you so much for your time in reading This Seminar…..
I Hereby Drop My Pen✍🏼✍🏼✍🏼✍🏼*SEMINAR RECAP ON THE TREASURED ENTREPRENEURS ASSOCIATION “TEA” HALL OF WEALTH GENERAL ACTIVE GROUP PAGE 1 & 2 HELD ON THE 26Th OF MARCH 2018….*
⏯Theme:
👉🏻 *Shrimp Farming Business in Nigeria*
❤ *How to get started with this highly lucrative business in Nigeria*
🎤Speaker/Facilitator
🗣Mrs Adetola Oke.
Shrimps are small aquatic animals belonging to the sub- phylum crustaceans, known as shell fish and also our popular periwinkle we buy from the market. They are low in calories and are sources of unsaturated fat ( saturated fats are usually called the bad fat that increases our cholesterol which lead to coronary heart disease while the unsaturated fats are the good fat) They are cheap source of protein for human consumption as well as a source of income. Research has shown that all shell fish has at least 16% crude protein and high crude protein content than egg ( 13.36%) except for the blue crab.
Shell fish is of high demand both locally and internationally.
Shrimp Farming
We all know that shrimps are originally produced from wide capture but this method can not sustain global demand, as a result of decline in shrimps produced through the wild capture. Nigeria is one of the countries with abundance supply of shrimps because of our numerous coastal and mangroves area. Despite this, we still can meet our local demand on shrimp.
Shrimps are grown in brackish water, swimming pools and other containers with significant depth but all these did not yield a great result . For the production of large quantities, an earthen pond is more suitable. Female shrimps lay thousands of millions of eggs, which hatch after a day. The hatched shrimps is called Naupli, are fed algae and brine shrimp naupli known as artemia that’s we used in feeding hatchery fishes. The naupli develop into young shrimps in 12 days and kept in nurseries or can be kept where they hatched to prepare them for transfer into the grow out pond, such transfer usually occurs around the 25th day. The young shrimps stay in the pond for about three to six months after which they are harvested either by draining the pond or by the use of nets.
Farming methods
Traditional / extensive : it is the simplest where the shrimps are farmed with minimum supervision, the farm is situated in coastal or mangrove areas and seed are gotten from the wild, as a result the supply is season dependent. Average stocking is relatively low (3000-5000 fry per hectare) and a yield of 500-700kg /ha/year. This method of farming does not require the use of pump or aeration because water exchange is left to tidal action.
Semi- intensive: It’s just an improved version of the traditional method . Pond construction are generally rectangular shaped of about 1-3 hectares and water depth of 0.8-1.2 meters. Each pond has seperate inlet and outlet gates to facilitate water exchange, pond preparation and harvesting. A diagonal ditch of 5-10m wide and 30-50cm deep extending from inlet to outlet is also constructed to facilitate drainage of water and collection during harvest. The ditch also serves as refuge for the shrimps during sunny days. This method allows for high sticking rate of 20,000-50,000/ ha fries with the use of supplementary feeding . Fertilization of the done must be done with phosphorus to allow natural bloom of phytoplankton , zooplanktonand algae. This operation requires the use of water pump to facilitate water exchange.
Intensive: This is most financially rewarding method as it promises more yield and more return on investment. The main reason for intensive is to hasten the growing cycle, increase yield per hectare. In this system, conditions must be well controlled to achieve a desirable result . Their feed is also augmented with algae, a tank should be gotten to breed algae in other to support well balanced meal. It is possible to produce seed stock all year round and to stock higher densities, as it is possible to stock more shrimp per unit area, the pond used could be small in this set up , aeration is the ‘key’ to keep oxygen supply at a desired level to avoid a situation where the shrimps die from lack of oxygen. High water exchange is also necessary in getting rid of the waste materials from the water. Lastly, there is need for round monitoring. Survival rates and yield are high, understandably , production cost is also high but if done well, the profit is also smily 😁
How to start a fresh water shrimp business
It requires some effort and certain factors has to be put in place before starting.
* choosing the right location; location is important because its affect survival, growth and yield of shrimp to be farmed. The following are the things we should consider ;
Proximity to marine water, soil and topography of the area is important . The soil must have at least 25% clay so to be able to hold water. The soil should be tested to determine its acidity, level of fertility, organic load and physical composition factors play a big role in the quantity and the yield.
Ease of access to shrimp larvae to reduce the cost of transportation and also reduces handling stress the animals will be subjected to.
* Construction of pond and creation of suitable ecosystem
It is important to construct two inter connected ponds to aid convenience in transferring of shrimps. In case of the extensive farm which is located along the coast or mangrove, the tide will provide the necessary water exchange but in the intensive , the water needs to be aerated at all times. Most intensive practices employ the use of pumps/ paddlewheels to keep oxygen level at constant and remove water impurities, thus ensuring better yield. Building a gate system for the exchange of fresh ocean water if your pond is located near the ocean makes a lot of sense and it will save you a lot of maintenance headache. For suitable shrimp ecosystem , the pond should be stocked with algae and phytoplankton. Water must always be tested to ensure it is free from harmful bacteria and chemicals before introducing the shrimps. The PH level of the water must be greater than 6.5 but less than 10( optimal range range is btw 7.5-8.5). The PH meter is always used to check the water and this purchased at aquarium kingdom, Ejigbo or any of the shops in abattoir where they sell animal drugs . The pond must also be free from frogs, small fishes etc which are predators to the shrimps ( predators are animals that hunt on other animals to survive)
It should be noted that newly dug ponds yield poor result in the first year due to lack of build up of algae or insect larvae for the shrimp to feed on but consequently there will be mark of improvement of the gradual buildup of organic matters.
* Feeding and Feeding Regulations
Feeding is very essential to ensure that shrimps get to a desired weight when a specific period of time. It is also a major cost that is incurred in shrimp farming business. At the early satage of growth, shrimps can live on the natural food in the pond, as such fertilization of the pond is very important. As shrimp mature, supplementary feeding is required because their level of comsumption increases and natural food in their pond becomes insufficient. Common supplement include dry pelleted feed, rice bran, household left overs . Supplementary feeding can be administered by the use of automatic machine feeders, feeding trays or broadcasting by hand.
* Harvesting Shrimp
The last stage is an ideal situation , it is carried out in October- just as it begins to get cooler; this stopping the growth period of the shrimp. Matured shrimps can be culled from the pond prior to the main harvesting leaving the smaller ones to be harvested at the same time when they are bigger. The shrimps can be harvested by the use of net or by draining the pond. Harvesting is best done in the cool hour of the day, this is to prevent sun from increasing the temperature and decreasing the volume of oxygen and water levels which can kill the shrimp.
* Oppoutunities In Shrimp Farming
The market of shrimp is a global market and the demand is widened, creating room for people to step in because of our favourable climatic conditions. There is an opportunity for making millions when you follow the right steps to take.
When you take a bold step, the first year might not be smiling but believe in yourself , take note of your mistakes and build on it to make a better cycle.
we must take note that shrimp is a part of aquaculture business that exist in either a marine or fresh water environment
All restaurants purchase shrimp every day for their delicacies
The demand cannot meet the supply,so let us kill that spirit of proscastination and start from somewhere
Note That The road might be rough but with patience,perseverance,trial and error and prayer,we shall get there…
We all have to know that shrimps are small and numerous in number like our catfish fingerlings
For a successful business in shrimp farming, we need to dedicate our time in other to have a smiley harvest
pilferage is one of the major things that is killing farmers
In other to be successful farmers must be ready to be present on ground at all times and also
We should not relent in praying to God for good or sound health
Thanks you so much for your time in reading This Seminar…..
I Hereby Drop My Pen✍🏼✍🏼✍🏼✍🏼