Maxi Fish Pond | 2 Ponds
₦1,000,000.00
Catfish production in Nigeria is hugely popular – with a booming domestic market as well as strong export sales – and currently accounts for over 80% of the country’s aquaculture output.
Capital: N1,000,000
Sales Projection: N1,200,000
Opening Soon
Description
Catfish production in Nigeria is hugely popular – with a booming domestic market as well as strong export sales – and currently accounts for over 80% of the country’s aquaculture output. Nigeria produces around 1 million tons of fish per year: over 750,000 tons from capture fisheries and roughly 310,000 tons from aquaculture.
Maxi fish pond; 2 ponds
- Pond lease = N100,000
- Cost of purchase = N30,000
- Logistics = N8000
- Cost of Fish containers = N8000
- Cost of feeding = N780,000
- Fuel =N12,000
- Labour = N20,000
- Salt = N4000
- Miscellaneous = N6000
- Insurance = N32,000
- Total = N1,000,000
Cycle = 7 months
Harvest returns @ 20% = N1,200,000