THE COST OF STARTING A FISH FARM IN NIGERIA

That you could be studying this text from Lagos Nigeria, another folks  can be reading it from Imo, PH, Ekiti, Kano, Akwa Ibom, Enugu, Bayelsa and many others and even countries not in Nigeria. They'll believe the price i have given right here will be equal.

That you may’t expect the fee of land to build pond (for instance) in Lagos to be the equal with that of Oyo?

Which you can’t also assume the fee of labour in Akwa Ibom to be the equal with the rate of labour in Kano?

Even another materials you might expect to be of the identical fee will not be (even in the identical city). The exceptional method to do this is to move out and ask questions.

You`ll absolutely get the fee of things you have to get started to your locality.

Matters wanted to start medium/huge scale fishing trade

should you`re planning to begin the fishing business in a tremendous way, you may need;

•           bole hole,

•           tank,

•           fish pond,

•           liable electrical energy to pump water

•           and a few staff to work with you.

You're going to additionally have to get the cost of the feeds you`ll need for feeding your catfish.

The essential rationale why I most likely avoid discussing concerning the rate on this web page is considering that rate, cost or revenue is all relative.

For example, the quantity you're going to have to purchase a hectare of land to construct a fish pond in Abuja can conveniently take care of your entire fee in unique part of Oyo state and the price you are going to sell an common catfish in Lagos could also be what you're going to sell two in Kano.

You'll see that it does not make feel to jump into conclusion that detailed sum of money is what you will need to begin a catfish industry or that particular amount is what you'll make.

The quality method I believe can be to go out and investigate each your cost of opening the cat fish industry and your probably revenue.

How much can a fish pond be developed to your locality?

How much it's going to take you to get a bole hole done?

How much can you get a tank to store water?

Then, how so much are you able to get a hundred, 500, a thousand and so on, catfish fingerlings?

You must be aware of whom your opponents are and how one can win there within the trade.

Which you could begin your cat fish business where the cost of labour is low with the intention to promote at aggressive cost?

Don`t are attempting constructing your fish pond yourself, for those who don`t understand how to take action.

The catfish pond must be regular. Consult some local fish farmers who've ponds for recommendation.

Even supposing each other thing is alright, a foul pond can kill your profit.

Catfish is freshwater animal. Terrible exceptional water by myself can kill your effectivity. The excellent sources of water for fishing industry are borehole and river. Rain water and tap water from treated supply is not just right for your fish.

Verify acidity of your water. Acidic water is unhealthy for fish. To check this, you'll have to buy a PH meter, learn your water and see the acid stage.

Your fish must be good feed. Your feeds must contain suitable vitamins and minerals like lysine, arginine and methionine. Some farmers are attempting making use of nearby foods to feed their fish. This can be excellent provided those ingredients contain the foremost fish nutrients. You have got to broaden your fish feeds as they grow, or else, they are going to suffer malnutrition.

Rate of Catfish farming in Anambra state Nigeria

A feasibility be trained carried in Anambra state and prepared for a catfish farm of ability is 10,000. Fingerlings have been of high breed catfish. The charges from pond development to advertising are taken into consideration.

The farm is to have 10 concrete ponds of drift through approach and each and every pond is to incorporate 1,000 stocked catfish.

Price of developing each pond is as follows.

Each and every pond is 3m x 2.5m by means of 1.4m; every pond consumes 210 blocks and each and every bag of cement for 30 blocks. Accordingly 210 x 10 = 2,one hundred blocks. 2,100/30 = 70 luggage of cement needed. Thus fee =70 x 200 = 140,000 naira.

4trips of sand used = 8000 x 4 = 32,000 naira.

2trips of gravel = 32,000 x 2 = sixty four,000 naira.

Rate of labour = 180,000 naira.

Rate of plumbing (inlet and outlet facility) = one hundred,000.

Price of bore hole = 500,000 naira.

Price of medication = 60,000.

Fee of high breed fingerlings 30×10, 000 = 300,000 naira.

Price of feeding from day one to maturity stage is 200 luggage of international feed = 1,000, 000 naira.

After the common weight of the fish was once 1.7kg. And it was once bought at 800 naira every. The output used to be 800 x 9800 fishes, 200 used to be misplaced as a result of mortality.

So, seven hundred x 9800 offers 6860,000 naira.

To Summarise, whole expenditures = 2.236 million naira.

The achieve = 4.624 million naira after six months of tradition.