Entertainment News
Unemployed Graduate Who Started Catfish Farming With N200,000 Now A Millionaire
Nov 2nd, 2016 – Unemployed Federal Poly Ilaro Graduate Who Started Catfish Farming With N200,000 Now A Millionaire
Catfish business is helping young Nigerians to earn extra income and put more food on the table, as typified by Abiodun Eniola, who runs a fishery business, raising catfish.
If there is an entrepreneur recording success in fisheries business, Abiodun Eniola is one. Life has changed dramatically for him since he took up fish farming. Staying focused, he has grown his aquaculture business in the same way nature grows a tree.
He studied Urban and Regional Planning from the Federal Polytechnic, Ilaro, where he obtained in HND (distinction).
“ I did my Post-Graduate Diploma in the same course at Yaba College of Technology in 2011. I got into agribusiness (catfish farming specifically) six months after my National Youth Service around June 2008.”
Going into fish farming was not his first preference as a vocation. Like any other youth of his age, Eniola had dreamt of securing a job. Despite his good result, he could not bag any. Instead of losing patience, he tried his luck in fish farming.
His words:
“ The idea came through my inability to secure a white collar job after my National Youth Service Corps (NYSC). I was offered a job in a poultry and catfish farm as a poultry attendant. I discovered that I was more passionate taking care of catfish more than laying birds in our farm. My passion led me to seek for more knowledge outside what I was taught an our farm. I worked in that farm for more than six years and my highest salary ever was N25,000, probably because I was not a professional in the field of agriculture. Yet I needed to earn more to meet my rising expenditure.”
He started with N200,000, being his entire life savings. He felt confident that he could get back the investment within two years. Today, the business is big with three direct and up to seven other indirect staff. He has 15 ponds. He is happy, working hard to take care of the fish so they grow quickly from baby fish into large fish that people can eat.
With more than eight years’ experience in the business, Eniola said fish farming business is profitable.
”I was also privileged to get information on expenditure and Income of the farm. I concluded that catfish farming is more profitable than poultry, easier to set up and requires minimum fixed capital.”
ade eagle
November 2, 2016 at 2:37 AM
very good example
Metu Nyetu
November 2, 2016 at 7:11 AM
A NICE THING YOU SHARED your story for the world to know. Just N200,000! I am one of those inspired. Thank you!
Didolomo
November 2, 2016 at 7:35 AM
Trust Nigerians will rush into the biz now. Please, learn from people ahead of you in the biz. Thanks
fifelomo
November 2, 2016 at 8:32 AM
Hmmm, thank God for your life. Lesson to all of us.
mulikat
November 2, 2016 at 8:59 AM
nice 1
ebuka
November 2, 2016 at 11:22 AM
I thank God for your life. congrats.
JAY
November 2, 2016 at 12:33 PM
NICE ONE ..
Gladys
November 2, 2016 at 1:43 PM
Food for thought for young unemployed graduates.
Jilo
November 2, 2016 at 1:46 PM
Thanks Abiodun for this brilliant idea you have taken. You have set an example for those young graduates out there who think the only way to make impact in your Country is securing a white collar job. Sometimes it becomes laughable when most of our youth keep repeating the same rhetoric that, im a graduate and I have not secured job for so many years. Stop making excuses and think of another way of making money or doing something different to put food on your table.
I’m really impressed about this guy transformationvfrom job seeker to an employer giving people job. If I’m a graduate of Mechanical or Automobile engineering, there is no shame in trying to fix people cars. You never know when your hard work will pay off. You may stumble on new innovation that can make you becoming a millionaire or make you known to the world. Most of our famous Scientists spent better part of their time in the lab researching the new technology we all enjoy today. Steve Job the owner of Apple had been working on this technology since early 1970.
Young folks, think about what you can do for your Country not other way round. Situation will never be as it has been before. Most of our nowadays youths should take their mind off that notion that Nigeria will return to its good days of 60’s & 70’s when any young graduate will barge into any office and get hired on the spot.
Simeon Akinz
November 2, 2016 at 7:41 PM
Let us stop celebrating our certificate and credentials,but let’s make use of our gift and talent to change diz country.
Adebayo seyi
November 2, 2016 at 10:03 PM
Great achievement, you really are destiny for greatness. Have just started mine too, hoping to be successful
Adebayo seyi
November 2, 2016 at 10:04 PM
Great effort