Midi Fish Pond | 1 Pond
₦500,000.00
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: N500,000
Sales Projection: N600,000
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.
Midi fish pond; 1 pond
- Pond lease = N50,000
- Cost of purchase = N15,000
- Logistics = N4000
- Cost of Fish containers = N4000
- Cost of feeding = N390,000
- Fuel = N6000
- Labour = N10,000
- Salt = N2000
- Miscellaneous = N3000
- Insurance = N16,000
- Total = N500,000
Cycle = 7 months
Harvest returns @ 20% = N600,000
