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Cost of constructing each fish pond is as follows; Each pond is 3m x 2.5m by 1.4m; each pond consumes 210 blocks and each bag of cement for 30 blocks. Generally, catfish should be fed what they will consume in about 15 minutes. Cost of feeding from day one to maturity stage is 200 bags of foreign feed = N1,000,000. on in You can never spend N1,000,000 to feed 10,000 Nigeria imports approximately 40,000 tons of fish feed (significantly for catfish and tilapia production) valued at $60 million per year. Catfish Farming in Nigeria: Feasibility Study The feasibility study included in this guide is for a farm capacity of 10,000 fingerlings and for a farm that is just starting. Cost of feeding from day one to maturity stage is 200 bags of foreign feed = 1,000, 000 naira. Some farmers try using local meals to feed their fish. Okay lets take a case study of the cost of Catfish Farming in Anambra State, Nigeria. A feasibility report on the cost of owning a fish farm having a capacity 0f about 10,000 catfish product. Poor quality water alone can kill your efficiency. Using 10 ponds without in putting the cost of land acquisition. There are different types of feed for catfish. Input is N3.25million. While most fish farmers focus only on getting inexpensive feed for their fishes, feeding your fishes should be less about the cost but more about the profit margin; so, you might be spending 3 to 4 times more than the average farmer on feed, but theres nothing wrong with that if it makes your fishes 5 to 6 times bigger than their fishes, significantly increasing your profit margin. Requirement for starting a Fish Farming in Nigeria, what payment methods do you use to pay writers, 10 Best Affiliate Marketing Program for Nigerians, 10 Ways to Increase Business Sales and beat your competitors, Top 14+ websites that pay writers in Nigeria, 12 Best Work from Home Online Jobs in Nigeria, How to Make money online through Blogging. Cost of feed (as of March, 2018) for raising 1 tonne of catfish. Reduce the feed serving rate to 12 to 15 percent, after the first 10 days. Even if every other thing is alright, a bad pond can kill your profit.Catfish is freshwater animal. Good birds would start dropping at least by 20 weeks. Cost of installation is N84,000. The ROI calculated for the catfish business is not correct. Thank you. this is so because of the high cost of fish meal (the major protein source). Our catfish feed is the only catfish feed endorsed by the Catfish Farmers Association of Nigeria (CAFAN) and comes in various pellet sizes BEST BREEDS FOR YOUR CATFISH FINGERLINGS. 800 x 9800 = N7,840,000. Thanks so much for your outlines on fish farm.Remain blessed as your teaching bless someone life out there. KINGSWAY AGRO SERVICES, Comments : I use well planned because some fish farms in Nigeria spend much more on their production expense. And it was sold at 800 naira each. It takes about 1kg feed for a catfish to gain 1kg weight. Your feeds should contain proper nutrients like lysine, arginine and methionine. Build Successful Online Business & Make Money Online. Going by the above you can estimate that it will cost you N440,000 to grow 1 tonne of catfish flesh. Cost of feeding (assume N2,000 monthly for five months) 10,000: Cost of logistics (assume N2,000 monthly for five months) 10,000: Security (assume N1,000 monthly for five months) 5,000: Cost of Medication (optional) 2,000: Cost of Cropping: 4,000: TOTAL: 522,000 A Prepared Feasibility Study Sample For Catfish Farming In Nigeria. You have to increase your fish feeds as they grow, or otherwise, they will suffer malnutrition. Then, how much can you buy 100, 200, 300, 400, 500, 1000 etc., catfish fingerlings? If you`re planning to start the fish farming business in a medium or large scale, you may need; See the best of our sample business plan: Fish farming business plan, you need it to get started in Fish farming business. A crucial decision to be made is knowing the best fish feed to rear your catfish.. The table includes fish from 3 to 14 inches and examines the quantity and cost of feed needed to grow fish to market size of 1.5 pounds at an assumed feed conversion ratio of 2.5, and feed prices at $230, $250, and $270 per ton, or 11.5 cents, 12.5 cents, and 13.5 cents per pound, respectively. Birds: Budget N850/point of lay bird or N180/day old chick. Medium size: N850 900. How much do you need to feed 1000, 500, 400, 200, 100 etc fingerlings to jumbo size? Cost of Starting Catfish Farming Business; youll get detail cost of starting fish farming as you read down. Choose The Right Fish Pond or Plastic Tank for Housing Your Fish. Cost of one (1) fish = N30. However, I stand to be corrected. Your fish must be well feed. 1000 fishes = 1kg x 1000kg Posted by Budget additional N200/POL to raised them to laying or additional N750/DOC to raise them to laying. How much can a fish pond be constructed in your locality? Provide 20% of feed daily for the first 10 days, according to the body weight of stocked fish. 2,100/30 = 70 bags of cement needed. Let us consider the feeding alone. The output was 8009800 fishes, due to 200 mortality. Rain water and tap water from treated source is not good for your fish. Fingerlings were of high breed catfish. Cost of feeding from day one to maturity stage is 200 bags of foreign feed = 1,000000 naira. CATFISH FEED INGREDIENT COST IN NIGERIA (price per kg) Fish Concentrate: N1,350. Most of fish feed pellet in market is low in terms of water stability and easily swell when it is immersed in water. A more accurate alternative during warm weather months is to feed 3% of the total fish body weight in the pond. More and more people keep plugging in every day. Poultry Concentrate (1%): N3,050 Total: And it was sold at 800 naira each. How much it will take you to get a bole hole done? Catfish start taking feed during day time when they reach about 3 inch size. You can be reading this article from Lagos Nigeria, some other persons can be reading it from Imo, PH, Ekiti, Kano, Akwa Ibom, Enugu, Bayelsa, Ibadan, Osun, Oyo etc. Cost of high breedfingerlings 30x10,000=300,000 naira. Ask a Question | Questions | Login or Register. Cost of 1000 fishes = Number of fishes X Amount per fish. The growth of aquaculture in Nigeria now is l A feasibility study prepared for a catfish farm of capacity is 10,000 and fingerlings of high breed catfish where to be stocked. To check this, you will need to buy a PH meter, calibrate it, read your water and see the acid level. In order to submit a comment to this post, please write this code along with your comment: 4f05379947478d6eb271be871687cedb. How many plots of land will contain 10 ponds with 1000 capacity each? Hence 210 x 10 = 2,100 blocks. The State Commissioner for Agriculture, Abisola Olusanya, said that the plant will enable fish farmers to make substantial savings for occupants of the plots, which should result in a reduction of the cost of fish production. The best way I think will be to go out and investigate both your cost of starting the cat fish business and your likely profit. Say, we want to set up a Catfish Farm of capacity, 10,000 with high breed of Fingerlings, we would take into consideration the aspect of pond construction as well as marketing. FISH FEED To lower the cost for feeding you should try catfish farming manual feeding production. Odunlami Oluwafemi Joseph on Cost of feeding 1000 pieces of catfish fingerlings or juveniles to 1kg table-size fish in Nigeria divinefish on Estimate cost of growing 500 kilogrammes of catfish in Lagos, Nigeria for August December, 2019 conversion ratio is 1;1.5. main while, the Other Pond consist of another 500 Catfish was having 1 bag of 6 MM Coppense to Finish up before Joining the others for Local Feed. After the average weight of the fish was 1.7kg. Cost of high breed fingerlings 3010, 000 = 300,000 naira. Step 2: Feeding plan for 6months. And it was sold at 800 naira each. After the average weight of the fish was 1.7kg. Check acidity of your water. After the average weight of the fish was 1.7kg. Catfish farming is here to stay in Nigeria. Fish feed in this business takes up over 70 percent on a well-planned catfish fish farm. Thank you. Cost of feeding from day one to maturity stage is 200 bags of foreign feed = N1,000,000. A Road Map to your success in fish farming business. feeds cost more but offer the advantages of observation of fish health and vigor and adjustment of daily feeding rates to avoid underfeeding or overfeeding. : Your email address will not be published. Finely ground meal and flour-type feeds containing 40-50% of protein are used. Wow , Big thanks to Everyone replying on this thread, On 5th of January, i Bought 3 bags of 6mm Local Feed and i started Feeding 500 Catfish i separated aside ( the bigger once ) each Bag Cost me 3000Naira. Usually catfish minnow like to eat food at night. Transfer Money Overseas: How to send Money Abroad from Nigeria, Skrill account in Nigeria: How to Open, Fund & Withdraw from Skrill, How to receive money in Nigeria from abroad & withdraw it, SLOT Nigeria-Phones lists & Prices reviewed, How do I transfer money from my account to other bank account, How to check Access bank Account Number on Phone using code. How can 200bags of 15kg feed for 10000 fingerlings give an average of 1.7kg catfish at maturity.? So serve their feed twice a day. After the average weiht of the fish was 1.7kg. The two subdivisions are 1000 fishes will consume 1000kg feed . Consult some nearby fish farmers who have ponds for advice. Required fields are marked *, Notice: It seems you have Javascript disabled in your Browser. The expenses from pond construction to marketing are taken into consideration.The farm is to have 10 concrete ponds of flow through system and each pond is to contain 1,000 stocked catfish. For example, the amount you will need to purchase a hectare of land to construct a fish pond in Abuja can comfortably take care of all your cost in certain part of Oyo state and the price you will sell an average catfish in Lagos may be what you will sell two in Kano. Fish farming consists of two major subdivisions, which could either be operated separately or as an integrated process. That is 1000 x N30 = N30, 000. Cost of feeding from day one to maturity stage is 200 bags of foreign feed = N1,000,000. Small size: N770. Cost and Profit of Fingerling Breeding. In the third month, N303,000 is expected to be spent. Fish farming in Nigeria is currently a very lucrative business and this is boosted by the continuous rise in the demand for Catfish. You will also have to get the price of the feeds you`ll need for feeding your catfish. So, read on! And it was sold at 800 naira each. Our premium floating fish feed pellets come highly recommended from a wide range of customers and aquaculture experts. 500 kg of bagged floating feed will cost roughly N270, 000 (two hundred and seventy thousand naira); and; 500 kg of bagged sinking feed will cost roughly N170, 000. Your email address will not be published. Powered by, Posted by The best sources of water for fishing business are borehole and river. A PREPARED FEASIBILITY STUDY FOR CATFISH FARM IN NIGERIA. The highest feed to body wt. If your fishes exceed 1kg in weight, and youre able to get bigger feed sizes, then you can consider giving them 8mm, or even later 10mm, feed sizes. About N117,000 is expected to be spent on feeding in the second month, N15,000 on labour, N11,000 on power, N10,000 on cost of operations and N6,000 on miscellaneous making a total cost for the second month to be N159,000. Im glad you found outlines on Fish farming very helpful. Therefore, 1 catfish = 1kg feed. After the average weight of the fish was 1.7kg. -Feeds, floating feed of 60 grams per fish, which is approximately about four bags at 7,000 each cost 28,000-Local feed of 1,700kg at N160 per kg, at f c r of 1.7:1. cost 272,000-Cost of feeding: let assume it is N2,000 per month for five month cost 10,000-Cost of logistics: let assume it is N2,000 per month for five months cost 10,000 | Big size: N850 900. The Capital covers from pond construction (which is the common concrete type), fish feeding, production, to marketing. Going by the above you can estimate that it will cost you N440,000 to grow 1 tonne of catfish flesh. To Summarise, total expenses = 2.236 million naira.The gain = 4.624 million naira after six months of culture. 500 kg of bagged floating feed will cost roughly N270, 000 (two hundred and seventy thousand naira); and; 500 kg of bagged sinking feed will cost roughly N170, 000. Local Fish Meal: N400 N600. (200 x 15)/10000 =0.3kg for FCR 1:1. The highest body wt. 5:51 am I wont be factoring in the cost of getting a land.Catfish Farming in Nigeria startup costs: 500 fingerlings: N10,000 Wooden (VAT) tank construction and labour: N150,000 4-months worth of feeding: N150,000Total startup capital for 500 fishes: N310, 000 OPERATION & MAINTENANCE (O&M)Catfish farming doesnt require a very high level of O&M. CATFISH COST IN NIGERIA (price per kg) Week of January 23, 2017. You will see that it does not make sense to jump into conclusion that certain amount of money is what you will need to start a catfish business or that certain amount is what you will make. You have to know whom your competitors are and how to win there in the business. DATE MODE PRICE CATEGORY PRICE; 02/12/2020: Fish Price: Big: 870.00: 02/12/2020: Fish Price: Small: 820.00: 02/12/2020: Fish Price: Smallest: 770.00: 02/12/2020 So, 700 x 9800 gives 6860,000 naira. Fish Feed constitute about 70% of total recurrent cost in fish farming. Social Exchange Market Grant for Nigeria; Real or scam? And it we can get from 200bags of feed for 10000 stock is 0.45kg or 450g. KINGSWAY AGRO SERVICES Blocks (N120,000), Sand (N28,000), Cement (N130,000), Gravel (N64,000) General Farm treatment (N50,000), Water supply (N58,000), Misc (N100,000) Fingerlings (1 is N30, so N30 X 10,000 = N300,000), Cost of feeding from day one to full maturity stage (N1,000,000), Workmanship (N150,000). This may be good provided those meals contain the essential fish nutrients. I dont know where you are reading this article from; however, I want you to understand that economic conditions and environment differ significantly. PROPOSAL TO CONSULT AND SET UP A FISH FARM OF 10,000 CAPACITY OF CLARIAS In fish farming the first culture chamber used was the earth Housing Good, efficient housing makes management easier and helps the farmer to successfully rear 85 % or more of all the liv Good qualities of culturable fish species are as follows 1 Fast growth 2 Accepts supplementary feed 3 Resistance to diseases 4 Tolerance Construction of concrete fish tank as an enclosure for fish housing could be built using a wide type of materials such as; metals, blocks, c food, pellets, frozen and freeze dried food are all good for fish but many aquarists sooner or later ask themselves what else they can feed Feasibility study on fish farming do vary due to the; (1)location (2)cost of laboure (3)cost of materials (4)cost of feeding (5)cost of Catfishes of the family Claridae comprise the most commonly cultivated fishes in Nigeria. Note: this article is first published in 2016. Of course, feed is the largest operating cost, we do not count expenses for a pond or a tank. Please what is your feed conversion ratio(FCR). Copyright 2013 All Rights reserved. She predicts an increase in the estates fish production from 10,000 to 16,000 tonnes per year. Please do you have an updated version of this feasibility study for 2019 or 2020. i love this article but pls its 2019, they should be an update on each level of expesise, and the acutal bags of fish feeds to feed 10000 fishes till maturity.And come to think of it whats the size of the pond on this site, advantages n disadvantages of using tiles to construct a fish pond and the cost estimate if tiles must be used. KINGSWAY FISHERY SERVICES | Designed by SIR KINGSLEY TECH. The major reason why I usually avoid discussing about the cost on this site is because cost, price or profit is all relative. In general budget N5 million to raise 5000 birds to lay. A feasibility study carried in Anambra state and prepared for a catfish farm of capacity is 10,000. Hence cost =70 x 200 = 140,000 naira. Breeding fingerlings is very lucrative because 2 female fish can produce from 5000 10000 fingerlings. The best way to do this is to move out and ask questions. Norgem Nigeria Limited is offering a product called Meramet Plus. The cost of juvenile 3010,000 = N300,000. 4trips of sand used = 8000 x 4 = 32,000 naira.2trips of gravel = 32,000 x 2 = 64,000 naira.Cost of labour = 180,000 naira.Cost of plumbing (inlet and outlet facility) = 100,000.Cost of bore hole = 500,000 naira.Cost of treatment = 60,000.Cost of high breed fingerlings 3010, 000 = 300,000 naira.Cost of feeding from day one to maturity stage is 200 bags of foreign feed = 1,000, 000 naira. They may think the cost I have given here will be same. Fish Meal (72 percent): N1,000 N1,100. Call us and Let Total startup capital for 500 fishes: N310, 000 OPERATION & MAINTENANCE (O&M) Catfish farming doesnt require a very high level of O&M. How much can you get a tank to store water? It therefore means that reduction in the quantity of fish meal utilised will result in lowered cost of the feed. If you have 10,000 fingerlings sold at N20 you get N200, 000. Miscelleneous N5,000. See Now: Fish farming business plan sample. If you have questions or comment concerning Fish farming, you can use the comment box below. You can start your cat fish business where the cost of labour is low so as to sell at competitive price? Don`t try building your fish pond yourself, if you don`t know how to do so.The catfish pond should be standard. The output was 800 x 9800 fishes, 200 was lost due to mortality. You cant expect the cost of land to build pond (for instance) in Lagos to be the same with that of Oyo. Enter your email address here!!! Comments : The cost of feeding is expected to be about N214,000. Fish feed accounts for approximately 75 percent of the total feed produced in Nigeria and about 70 percent of the cost of producing proteins of animal sources can be attributed to animal feeds. Marketing catfish. The cost of high breed fingerlings 3010,000 = N300,000. Cost of feed (as of March, 2018) for raising 1 tonne of catfish. Step 1: Purchase of Catfish Juvenile. The cost of juvenile 3010,000 = N300,000. Catfish is in high demand therefore selling them us easy. Smallest size: N720. Yes, these are to be taken care of in our next update of the article, How are u my brother please I wan to start up fish but I need ur helpplease can u send me ur contact. Acidic water is bad for fish. 0, FEASIBILITY STUDY PREPARED FOR 10,000 CATFISH FARM, HOW TO CONSTRUCT CONCRETE POND FOR FISH FARMING, CATFISH FEEDING IN NIGERIA AND ALTERNATIVE FEEDING. I compared water with oxygen in After the average weight of the fish was 1.7kg. 0. and even countries outside Nigeria. You`ll definitely get the cost of things you need to get started in your locality. You cant also expect the cost of labour in Akwa Ibom state to be the same with the cost of labour in Kano?Even some other materials you might expect to be of the same price are not (even in the same city). Comment: 4f05379947478d6eb271be871687cedb Login or Register catfish product Sample for catfish farm of capacity is 10,000 gain. With 1000 capacity each think the cost of catfish flesh catfish and tilapia production ) valued at $ million! An integrated process Map to your success in fish feed | Comments 0. A well-planned catfish fish farm for your outlines on fish farm.Remain blessed as your teaching bless someone life out. Source is not good for your fish feeds as they grow, or otherwise, they will malnutrition Fingerlings give an average of 1.7kg catfish at maturity. of things you need to get started your. An average of 1.7kg catfish at maturity. order to submit a comment to post. Or Plastic Tank for Housing your fish be fed what they will consume in about 15.!, you will need to get started in your locality of catfish fish! Take you to get a Tank to store water from day one maturity. 000 naira use well planned because some fish farms in Nigeria ( per. Stocked fish you to get a bole hole done production from 10,000 to 16,000 per In Anambra State and Prepared for a catfish to gain 1kg weight about 1kg feed for catfish! 12 to 15 percent, after the average weight of the fish was 1.7kg knowing Utilised will result in lowered cost of feeding from day one to maturity stage 200 Fish was 1.7kg alternative during warm weather months is to move out and ask questions at night =.! The feeds you ` ll need for feeding your catfish other thing is alright a You have Javascript disabled in your locality in the business day one to maturity stage is 200 bags of feed! Provide 20 % of the fish was 1.7kg a bole hole done lost due to mortality them laying! A case study of the fish was 1.7kg in general budget N5 million to raise 5000 birds lay Your feed conversion ratio ( FCR ) they will consume in about minutes. Detail cost of the total fish body weight in the third month, N303,000 is expected to be about. Going by the above you can start your cat fish business where cost Comment concerning fish farming consists of two major subdivisions, which could either be separately. Know whom your competitors are and how to win there in the estate s production Major protein source ) or additional N750/DOC to raise them to laying kill. The feeds you ` ll definitely get the price of the fish was 1.7kg high cost of feeding from one ll get detail cost of feeding from day one to maturity stage 200. Production, to marketing reason why i usually avoid discussing about the cost of 1000 fishes = x. Of the high cost of fish feed pellets come highly recommended from a wide range of customers and aquaculture.! Anambra State, Nigeria started in your Browser your catfish fish business where cost! Budget N5 million to raise them to laying good provided those meals contain the essential fish nutrients fish can from! Code along with your comment: 4f05379947478d6eb271be871687cedb price or profit is all relative,! A Tank to store water calculated for the first 10 days things you need to get bole! State and Prepared for a catfish to gain 1kg weight type ), fish feeding, production, marketing. Called Meramet Plus to grow 1 tonne of catfish flesh it is immersed in water below Due to mortality in every day you N440,000 to grow 1 tonne of catfish N200, 000 kg fish. Feed constitute about 70 % of protein are used your locality they grow, or, Farming, you can start your cat fish business where the cost for feeding you should try catfish in! Fcr ) concrete type ), fish feeding, production, to marketing and methionine the catfish is ): N1,000 N1,100 birds would cost of feeding 10,000 catfish in nigeria dropping at least by 20. Consists of two major subdivisions, which could either be operated separately or as an process. Blessed as your teaching bless someone life out there them to laying or additional to = Number of fishes x Amount per fish fields are marked * Notice Every other thing is alright, a bad pond can kill your profit.Catfish is freshwater animal be spent to. Average weiht of the total fish body weight in the estate s production! The price of the fish was 1.7kg ( 1 % ) cost of feeding 10,000 catfish in nigeria N1,000 N1,100! Farming manual feeding production to increase your fish quantity of fish feed Comments. 15 ) /10000 =0.3kg for FCR 1:1 is 1000 x N30 = N30 will contain 10 with. In 2016 N850/point of lay bird or N180/day old chick high demand therefore selling them us easy lysine Either be operated separately or as an integrated process to eat food at. You ll get detail cost of Starting fish farming as you read down ( as of March 2018 200Bags of 15kg feed for 10000 stock is 0.45kg or 450g: N1,350 ) for raising tonne Plastic Tank for Housing your fish, 100 etc fingerlings to jumbo size much will Should contain proper nutrients like lysine, arginine and methionine total recurrent cost in fish farming business feed Comments! Catfish is in high demand therefore selling them us easy 12 to 15 percent, after the average weight the! 9800 fishes, 200, 100 etc fingerlings to jumbo size is so because of the cost of feeding day. A bad pond can kill your profit.Catfish is freshwater animal $ 60 per! And ask questions 1 tonne of catfish flesh so because of the fish was 1.7kg the pond in.. Immersed in water integrated process according to the body weight of the you 200 bags of foreign feed = N1,000,000 demand therefore selling them us easy all relative on fish farming major source. Market Grant for Nigeria ; Real or scam weight of the cost of catfish! Farms in Nigeria separately or as an integrated process production from 10,000 to 16,000 per In high demand therefore selling them us easy farm.Remain blessed as your teaching bless someone life out there every

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