Investment opportunities in fish seed technology

An examination is made of the requirements for the commercial propagation of carp and tilapia in Nigeria. It is concluded that the operation of a successful Fish Hatchery and fry production system will depend on the following factors: 1) Correct initial planning for intended production (both species and intended numbers); 2) Design of the appropriate facilities to enable required production; 3) Selection of top calibre, dedicated and experienced hatchery staff; and, 4) The ethical responsibility taken by the hatchery management to produce only the highest quality seed under the best possible conditions. Purchasing farmers are dependent on this

An evaluation of the artisanal fisheries resources of the Cross River State of Nigeria

The Cross River State (Nigeria) marine and freshwater artisanal capture fisheries are divided into 4 categories according to the type of resources being exploited. Schaefer's production model is applied to each of the fisheries to estimate the maximum sustainable yields (Ymax). The total potential yield for all the fisheries in natural waters is 178,650 tonnes/year. This potential is unlikely to be achieved as more fishermen are abandoning the occupation due to the scarcity of boats, outboard engines and nets. Even if the full potentials were realized the production would still be short of what the State should produce by about 30.5%. Investment opportunities which, if effected can help to narrow the gap between the available and the desired level of production are enumerated

Investment prospects in the production of the common carp (Cyprinus carpio) fingerlings in freshwater ponds

Since the introduction of Common carp Cyprinus carpio in Oyo State (Nigeria) from Israel in 1964, various local breeding methods have been employed in carp rearing to improve the survival rate at all stages of development during breeding. The physico-chemical parameters of the ponds which were simultaneously investigated for carp rearing in this study includes temperature (t), dissolved oxygen (DO) and hydrogen-ion concentration (pH). However, high rates of water displacement in the breeding ponds were unfavourable to the development of zooplankton which play important role in the food web of C. carpio. The survival rates of 15.88-69.50% and 19.60-33.83% obtained for the egg-hatchling and hatchling-fingerling stages respectively were encouraging. A breeding performance of this magnitude was found to be viable, breaking even in the fourth year. However, an increase in size of this trial project would be more profitable and increase fingerling supply as well as provide employment opportunities. This study thereby provides some baseline information on some local techniques and progress in the propagation of C. carpio and scope for further improvement

Proposal for improving fishing opportunities off Pt. Loma by construction of an artificial reef

(Document pdf contains 42 pages)

Regional review on livelihood opportunities related to mariculture development

This report examines the role mariculture could play in reducing poverty and providing alternative livelihood opportunities for people living in coastal areas. This includes a review of the current status of coastal poverty, coastal livelihoods and vulnerabilities within the Asia-Pacific region and the experiences and examples of sustainable economic development through mariculture. This review then identifies key follow-up actions and recommends strategies for future pro-poor mariculture development. (PDF contains 28 pages)

Investigating opportunities to support indigenous aquaculture in Australia : Visit to Kimberley, Western Australia, May 2003

The STREAM Initiative has been working with issues relating to livelihoods, policy and institutional development and communications throughout Asia-Pacific. Recently this has included work in India with indigenous communities supporting people to have a voice in policy making processes. There appear to be some parallels between this work and the objectives of Kimberley Aquaculture Aboriginal Corporation (KAAC) and also the Agriculture Fisheries and Forestry Australia (AFFA) Indigenous Aquaculture Unit (IAU), National Aquaculture Development Strategy for Indigenous Communities in Australia. (PDF contains 13 pages)

Keynote address on production, utilization and marketing in fisheries status and opportunities

Fish production from Nigeria comes mainly from 3 sources, namely - artisans engaged in either part-time or full-time fishing, commercial trawlers fishing in inshore and offshore waters, and fish farming in enclosures (ponds, tanks and raceways). An account is given of the current situation in Nigeria, considering over exploitation of fish, the fish's environment, fish utilization, and fish marketing

Nigerian fisheries development, challenges and opportunities of the 1980's

With the momentum generated in Nigeria under the Green Revolution Programme to make the country self-sufficient in food, the fishing industry is poised for very rapid development. It is however, realized that there is no quick magic formula for this development, which has to be preceded by careful planning, evaluation of resources, development of necessary management and technical personnel, introduction of appropriate technology and identification of priorities and the needs of the industry. This paper attempts to focus attention on the possibilities and priorities for the development of fisheries in Nigeria during this decade and spells out the role of the agencies in the country connected with fisheries to bring about this development

Investment prospects in inland capture fisheries with special reference to small reservoirs: the exclusive fishing right licence model

The paper discusses simple methods of estimating fish yield from small reservoirs and establishes 2 indices of fish yield based on: 1) the relationship between the catch per boat in artisanal commercial fish landings and the catch per unit effort in experimental gill-net survey; and also, 2) the relationship between standing crop of fish in reservoirs and catch per unit effort in experimental gill-net survey. The paper then elaborates on the methods of utilizing these simple relationships in managing small reservoirs in Nigeria based on the principle of exclusive fishing right licence with the objective of attracting investors into this viable inland fishery investment project hitherto untapped

Investment prospects in marine capture fisheries

An examination is made of investment prospects in the Nigerian marine fisheries, considering the following sectors: inshore demersal fishery; inshore pelagic fishery; and the offshore pelagic fishery. The marine fisheries resources of countries with which Nigeria has bilateral fishing rights agreements are discussed, considering Equatorial Guinea, Guinea Conakry, Guinea Bissau, Senegal and Mauritania. Fishing gear and methods for the marine fishery sectors are outlined. Market potentials for fish products and profitability are also examined

Investment prospects in inshore trawling in Nigeria

Commercial trawling for finfish in Nigeria's inshore water is a recent activity. Intensive industrial trawling started when the Federal Government distributed trawlers to viable fishermen cooperatives during the Third National Development Plan Period (1975-80). Hitherto, industrial fisheries development in the country focused on the assessment of the potential fish stock on Nigeria's continental shelf and measures to increase artisanal production. As a result of increasing demand for fish and shortage of foreign exchange to import fish, measures to increase fish supply leaned towards industrial exploitation of the fisheries potentials of Nigeria's continental shelf. Based on this background, this paper examines the investment prospects of trawling for fish in inshore waters. The fisheries potentials of the inshore zone of Nigeria are identified. Catch efficiency and profitability of inshore trawling are estimated. Measures that can safeguard the longterm interest of the trawling industry are recommended

Artisanal canoe fishing industry of the Rivers State: its economic viability and investment potentials

Consequent upon the present national call in Nigeria for all to go back to agriculture including fishing, most retrenched workers and unemployed youths from the riverine areas are taking up fishing as a legitimate and gainful livelihood. To sustain this tempo and attract more investment, the economic viability of such projects must be known. This study is an attempt to document the profitability and investment potential of artisanal canoe fishing. Socio-economic information including catches, operational cost and returns were obtained through a personal interview questionnaire survey of 240 randomly selected artisanal canoe fishermen from Bonny, Brass and Degema Local Government Areas (LGA) of the State and analyzed. With an investment cost of about 8,135, 8,490 and 6,571 and operation cost of 750, 776 and 627, the analysis showed an average monthly gross income of 1,869, 3,221 and 1,775 for the three local government areas respectively. A benefit-cost-ratio of 1:8, net present value of 400, 603 and internal rate of return greater than 50% were obtained. Since capital invested in fisheries is not tied up for long before benefits start flowing, coupled with the high IRR, it is concluded that artisanal canoe fishing would be an economically viable venture if well managed

Investment prospects in inland capture fisheries -- revolving loan scheme to artisanal fishermen

Fishing inputs in the form of the netting materials, boats and outboard engines were issued to 20 fishermen on revolving loan basis at 2 centres - Shagunu. and Monai along the western bank of Kainji Lake, Nigeria. The agreement was that the recipients should sell all their catches to the Institute and surrender 20% as part payment of the loan, until they offset the loan after which the inputs would become theirs'. The scheme was monitored for 5 years during which time most recipients had completed payment. It was observed that adequate revenue could be made from the scheme provided there was effective supervision. A proposal has been made for large scale supply of fishing inputs to one hundred fishermen. The scheme is laudable as a means of improving the lot of the fishermen and implementing management proposals in water bodies through the recipients

Investment prospects in fish feed technology

The author endeavours to analyse the recent trend in the local production of fish by sector over a period of 5 years, 1980-1985 and the data available to the author on the Nigerian fish imports. The present and future deficit in fish production in Nigeria could only be met from the capture fishery and the fish farm industry but more likely from the latter. The production techniques involved in fish feed industry are illustrated in this paper with standard feed formulations to arrive at a suitable fish diet. Associated problems of fish feed industry and their possible solutions are highlighted. A case study of investment prospects in fish feed industry as well as the production of brine shrimps are suggested as possible areas of investments in the industry. The unit production cost of fish feed is about 700/ton, while in the case of artemia (brine shrimp), the estimated unit cost if about 400/ton