Catfish aquaculture is one of the most efficient sources of protein for human diets on. It yields an average of 250 to 400 tonnes per hectare, that’s about 50 times more than rice paddies of the same size. And in terms of water consumption per tonne of produce, the sector does far better than shrimp ponds or freshwater fish tanks, being nearly on-par with rice paddies. All in all, catfish ponds have a low environmental footprint per unit of output. Aside from its low water usage, it also has few impacts on water quality. What’s more, discarded fish parts are converted into oil and animal feed, while nutrient-rich wastewater can be reused as fertilizer, further reducing waste and emissions. Some small-scale farmers are also combining aquaculture with crop farming, saving water and increasing their resilience at the same time.
Catfish aquaculture is perfectly suited to small-scale farming. At the same time, these traditional backyard ponds scale up to big business. In the past decade, the produce of backyard ponds has transformed into a vibrant commercial export industry, netting USD 1.4 billion in 2009 alone. Now, catfish farms in Vietnam generate over one million tonnes of food every year and employ over 170,000 people (WWF 2012).
FarmKonnect Agribusiness Nigeria has as the earliest of her projects the catfish aquaculture which started from a single pond in Mokola, Ibadan and now have farms for production of up to 100 Tons of catfish per month. The project which started as an exclusive catfish farming now encompasses other specie of the fishes after 7 years of research and deliberate investments. The company is now at the fore front of production of Pangasius hypothalmus, which is a more palatable and healthier fresh/brackish water fish. The acceptance of Pangasius hypothalmus promises a better future than catfish. Not limiting our operations, we also delve into other species such as Gymnachos niloticus, Heterotis, Tilapia, and many other fresh water species that could be farmed in Nigeria. With a population of about 200 Million, fish deficit reportedly in excess of 2 Million Tons per annum, the profitability of aquaculture is unlimited. It is the major source of animal protein to African countries and can be consumed both in local and export market. The vision of FarmKonnect is to be the biggest producers of these fishes in Nigeria, then in West Africa. Our Aquaculture projects come under the name of Aquapet Venture Limited.