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Checkmating Youth Unemployment In Nigeria: Fish Farming Option
CHAPTER ONE -- [Total Page(s) 3]
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The
government, Non-Governmental organization and individual citizen of
Nigeria effort have gone a long way in generating employment across the
sectors of the economy.
Despite the effort made so far to combat
unemployment, 29,550,000 youth are still unemployment (national bureau
for statistics federal republic of Nigeria 2009) which means by
implication the number will increase by some Nigeria Youth Corp who will
step into the labour market this year. To remedy this government can
work on the sector that has the potential of generating employment i.e.
agricultural sector particularly fish farming.
In 2004 the total
world production of fish farming was 140,500,000 tones and the growth
rate has been sustained and rapid, in 2007, its market reached $ 86
billion (Source: World Fisheries and Aquaculture) which tells us that
fish farming has the potentiality of creating employment globally.
Fish
farming is an important economic activity in China. Between 1980 and
1997, the Chinese harvests grew at annual rate of 16.7 percent, jumping
from 1,900,000 tones to 23,000,000 tones (Source: Chinese Bureau of
fisheries report, 2005) which account for 70% of world production of
fish.
Nigeria as a nation has a population of 150 million people
(Source: population Census 2006) with the unending demand for fish by
her populate can adopt the measure that China used in combating
unemployment. Therefore, fish farming is one of lucrative business one
can learn and earn a very good profit.
WHAT THEN IS FISH FARMING?
According
to Grace .O. Evbuomwan (2004) defined fish farming as the art of
growing and breeding fish in enclosures such as ponds, multipurpose
water reservoirs, irrigation and drainage channels, fish pens
constructed at the edges of rivers or lakes, water filled burrow pits as
well as fish cages floated on rivers or lakes.
Fish farming has the following braches which one can specialize and expand as time goes by: -
1. Construction of fish ponds
2. Production and selling of fingerlings
3. Buying and Nurturing of fingerlings to juveniles and post juveniles stage then crop.
4. Buying and selling of feeds
5. Fish farming consultant.
Fish
farming Nigeria contribute to the Nigeria GDP of #216.417 billion
(source Chairman Fishery society of Nigeria) and small and medium scale
fish farming contribute #14 billion to the economy. This is indeed an
eye opener to a lucrative business one can start and make cool money.
CHAPTER ONE -- [Total Page(s) 3]
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ABSRACT - [ Total Page(s): 1 ]Checkmating unemployment among Nigeria youth: fish farming option is a project meant to look into the unemployment situation in the country, identify the course and effect and possible effort being made by the government to remedy the situation. The fish farming option can be seen as an option to checkmate unemployment. So, this project focuses on exploring the fish farming business as the way youth can be self-employed. This project is divided into five chapters with chapter one starting with t ... Continue reading---
