Maxi-Premium Fish Pond | 10 Ponds
₦5,000,000.00
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: N5,000,000
Sales Projection: N5,800,000
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-premium fish pond; 10 ponds
- Pond lease = N500,000
- Cost of purchase = N150,000
- Logistics = N40,000
- Cost of Fish containers = N40,000
- Cost of feeding = N3,900,000
- Fuel = N60,000
- Labour = N100,000
- Salt = N20,000
- Miscellaneous = N30,000
- Insurance = N160,000
- Total = N5,000,000
Cycle = 7 months
Harvest returns @ 20% = N5,800,000
