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I Found Multiple Pythons On My Farm (Photos) / Catfish Farming - Getting It Right / Creating Multiple Streams Of Income Using Agric (2) (3) (4)
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Multiple Streams Of Income Through Catfish Farming! by Yommiefish(m): 9:32pm On Sep 05, 2015 |
It is no longer news that corruption has eaten deep into the fabric of the society and the entire nation is suffering from the effects. With deep and clear studying of the situation, you will discover that the system itself is encouraging this menace. Or how can you explain the fact that someone earns less than 500,000 naira per annum and he or she is expected to pay the school fees of more tha one child, house rent, transport, feeding and so on in a city like FCT or Lagos, or any other city for that matter? If we don't want corruption to continue, we must profer solutions to the income and earning challenges of the people. One major way to curb this is by encouraging individuals to have multiple sources of income. Like Nigeria, her people must also do every possible thing to change their normal mono-income practice if we hope to solve the problem of corruption. Without additional pay, there's no way people can survive. If expenses are increasing, income also must increase, else, the status quo will remain! Therefore, multiple streams of income is the key to Solving financial hardship, and also corruption in Nigeria. One major area to get additional income is in Agribusiness. From this industry, an individual can create multiple streams of income for him/ her self if engaged in the value chain approach. This means that from one single item, several products can be gotten along the value chain. E.g Fish. From fish, the following are value chain products : * Fingerlings / juveniles * Smoked Fish * Table size production I.e fish above 1kg size. * Fillets * Feed milling * Feed ingredients supply * Finished / imported feed sales * Fish drug/ supplements sales * Pond construction and management services * General Fisheries consultancy services * Processed fish export * Brood stocks production * e.t.c We can see that more than 13 different income lines can be generated from fisheries alone. The same applies to all other Agro items. An individual can create a multiple stream of income for him/her self if equipped with the right knowledge and training. At BIC Farms Concepts, we help Africans to identify opportunities in Agribusiness, tap into it, and also, become role models for others to follow and then repeat the same. Contact us if interested in any area of Agribusiness value chain need. To your success.
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Re: Multiple Streams Of Income Through Catfish Farming! by efembaba(m): 9:54pm On Sep 05, 2015 |
U have my vote sir.. 1 Like |
(1) (Reply)
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