Surviving the effect of current economic situation in Nigeria on catfish farming investment involves conscious and coordinated efforts. Like I said in a recent article, returns on catfish farming investment have reduced drastically. This trend has been so obvious in the last two years. Yet there may still be more hikes in prices of catfish feed inputs, especially those from foreign countries. Just three days ago, there was news that the price of certain popular brand of floating feed has gone higher. This happens after three days of artificial scarcity. The price of a bag of that feed jumped from 4950 Naira to 7050 Naira. Mathematically, this is more than 40 percent increase within a period of one week. How can catfish farmers survive this?
