Maxi-Plus Fish Pond | 4 Ponds
₦2,000,000.00
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: N2,000,000
Sales Projection: N2,400,000
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-plus fish pond; 4 ponds
- Pond lease = N200,000
- Cost of purchase = N60,000
- Logistics = N16,000
- Cost of Fish containers = N16,000
- Cost of feeding = N1,560,000
- Fuel =N24,000
- Labour = N40,000
- Salt = N8000
- Miscellaneous = N12,000
- Insurance = N64,000
- Total = N2,000,000
Cycle = 7 months
Harvest returns @ 20% = N2,400,000