Mini Fish Pond | ½ Pond

250,000.00

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: N250,000

Sales Projection: N300,000

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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.

 

Mini fish pond; ½ Pond

  • Pond lease = N25,000
  • Cost of purchase = N7,500
  • Logistics = N2000
  • Cost of Fish containers = N2000
  • Cost of feeding = N195,000
  • Fuel = N3,500
  • Labour  = N5000
  • Salt = N1000
  • Miscellaneous = N2000
  • Insurance = N7000
  • Total = N250,000

 

Cycle = 7 months

Harvest returns @ 20% = N300,000