A PREPARED FEASIBILITY STUDY FOR CATFISH FARM IN NIGERIA. Please do you have an updated version of this feasibility study for 2019 or 2020. i love this article but pls its 2019, they should be an update on each level of expesise, and the acutal bags of fish feeds to feed 10000 fishes till maturity.And come to think of it whats the size of the pond on this site, advantages n disadvantages of using tiles to construct a fish pond and the cost estimate if tiles must be used. Powered by, Posted by 0, FEASIBILITY STUDY PREPARED FOR 10,000 CATFISH FARM, HOW TO CONSTRUCT CONCRETE POND FOR FISH FARMING, CATFISH FEEDING IN NIGERIA AND ALTERNATIVE FEEDING. Transfer Money Overseas: How to send Money Abroad from Nigeria, Skrill account in Nigeria: How to Open, Fund & Withdraw from Skrill, How to receive money in Nigeria from abroad & withdraw it, SLOT Nigeria-Phones lists & Prices reviewed, How do I transfer money from my account to other bank account, How to check Access bank Account Number on Phone using code. Say, we want to set up a Catfish Farm of capacity, 10,000 with high breed of Fingerlings, we would take into consideration the aspect of pond construction as well as marketing. PROPOSAL TO CONSULT AND SET UP A FISH FARM OF 10,000 CAPACITY OF CLARIAS In fish farming the first culture chamber used was the earth... Housing Good, efficient housing makes management easier and helps the farmer to successfully rear 85 % or more of all the liv... Good qualities of culturable fish species are as follows 1 Fast growth 2 Accepts supplementary feed 3 Resistance to diseases 4 Tolerance... Construction of concrete fish tank as an enclosure for fish housing could be built using a wide type of materials such as; metals, blocks, c... food, pellets, frozen and freeze dried food are all good for fish but many aquarists sooner or later ask themselves what else they can feed ... Feasibility study on fish farming do vary due to the; (1)location (2)cost of laboure (3)cost of materials (4)cost of feeding (5)cost of... Catfishes of the family Claridae comprise the most commonly cultivated fishes in Nigeria. and even countries outside Nigeria. Our catfish feed is the only catfish feed endorsed by the Catfish Farmers Association of Nigeria (CAFAN) and comes in various pellet sizes … Cost of feeding from day one to maturity stage is 200 bags of foreign feed = 1,000, 000 naira. Local Fish Meal: N400 – N600. Using 10 ponds without in putting the cost of land acquisition. 500 kg of bagged floating feed will cost roughly N270, 000 (two hundred and seventy thousand naira); and; 500 kg of bagged sinking feed will cost roughly N170, 000. Medium size: N850 – 900. Generally, catfish should be fed what they will consume in about 15 minutes. Provide 20% of feed daily for the first 10 days, according to the body weight of stocked fish. on You can never spend N1,000,000 to feed 10,000 … CATFISH FEED INGREDIENT COST IN NIGERIA (price per kg) Fish Concentrate: N1,350. Enter your email address here!!! You can be reading this article from Lagos Nigeria, some other persons can be reading it from Imo, PH, Ekiti, Kano, Akwa Ibom, Enugu, Bayelsa, Ibadan, Osun, Oyo etc. Most of fish feed pellet in market is low in terms of water stability and easily swell when it is immersed in water. So, 700 x 9800 gives 6860,000 naira. Going by the above you can estimate that it will cost you N440,000 to grow 1 tonne of catfish flesh. It takes about 1kg feed for a catfish to gain 1kg weight. FISH FEED The output was 800 x 9800 fishes, 200 was lost due to mortality. Ask a Question | Questions | Login or Register. That is 1000 x N30 = N30, 000. The best sources of water for fishing business are borehole and river. Let us consider the feeding alone. Hence cost =70 x 200 = 140,000 naira. Cost of Starting Catfish Farming Business; you’ll get detail cost of starting fish farming as you read down. She predicts an increase in the estate’s fish production from 10,000 to 16,000 tonnes per year. Posted by I use well planned because some fish farms in Nigeria spend much more on their production expense. Call us and Let … Total startup capital for 500 fishes: N310, 000 OPERATION & MAINTENANCE (O&M) Catfish farming doesn’t require a very high level of O&M. The best way I think will be to go out and investigate both your cost of starting the cat fish business and your likely profit. Fish feed in this business takes up over 70 percent on a well-planned catfish fish farm. Therefore, 1 catfish = 1kg feed. 500 kg of bagged floating feed will cost roughly N270, 000 (two hundred and seventy thousand naira); and; 500 kg of bagged sinking feed will cost roughly N170, 000. 1000 fishes = 1kg x 1000kg 5:51 am And it was sold at 800 naira each. The table includes fish from 3 to 14 inches and examines the quantity and cost of feed needed to grow fish to market size of 1.5 pounds at an assumed feed conversion ratio of 2.5, and feed prices at $230, $250, and $270 per ton, or 11.5 cents, 12.5 cents, and 13.5 cents per pound, respectively. And it … Check acidity of your water. Cost and Profit of Fingerling Breeding. How much do you need to feed 1000, 500, 400, 200, 100 etc fingerlings to jumbo size? A more accurate alternative during warm weather months is to feed 3% of the total fish body weight in the pond. Cost of feeding from day one to maturity stage is 200 bags of foreign feed = N1,000,000. Thanks so much for your outlines on fish farm.Remain blessed as your teaching bless someone life out there. 1000 fishes will consume 1000kg feed . Thank you. After the average weight of the fish was 1.7kg. The growth of aquaculture in Nigeria now is l... A feasibility study prepared for a catfish farm of capacity is 10,000 and fingerlings of high breed catfish where to be stocked. While most fish farmers focus only on getting inexpensive feed for their fishes, feeding your fishes should be less about the cost but more about the profit margin; so, you might be spending 3 to 4 times more than the average farmer on feed, but there’s nothing wrong with that if it makes your fishes 5 to 6 times bigger than their fishes, significantly increasing your profit margin. | Norgem Nigeria Limited is offering a product called Meramet Plus. Some farmers try using local meals to feed their fish. See Now: Fish farming business plan sample. To Summarise, total expenses = 2.236 million naira.The gain = 4.624 million naira after six months of culture. You can’t expect the cost of land to build pond (for instance) in Lagos to be the same with that of Oyo. The State Commissioner for Agriculture, Abisola Olusanya, said that “the plant will enable fish farmers to make substantial savings for occupants of the plots, which should result in a reduction of the cost of fish production”. Cost of feeding (assume N2,000 monthly for five months) 10,000: Cost of logistics (assume N2,000 monthly for five months) 10,000: Security (assume N1,000 monthly for five months) 5,000: Cost of Medication (optional) 2,000: Cost of Cropping: 4,000: TOTAL: 522,000 Usually catfish minnow like to eat food at night. After the average weight of the fish was 1.7kg. Of course, feed is the largest operating cost, we do not count expenses for a pond or a tank. Blocks (N120,000), Sand (N28,000), Cement (N130,000), Gravel (N64,000) General Farm treatment (N50,000), Water supply (N58,000), Misc (N100,000) Fingerlings (1 is N30, so N30 X 10,000 = N300,000), Cost of feeding from day one to full maturity stage (N1,000,000), Workmanship (N150,000). You can’t also expect the cost of labour in Akwa Ibom state to be the same with the cost of labour in Kano?Even some other materials you might expect to be of the same price are not (even in the same city). Your feeds should contain proper nutrients like lysine, arginine and methionine. Don`t try building your fish pond yourself, if you don`t know how to do so.The catfish pond should be standard. Poultry Concentrate (1%): N3,050 The Capital covers from pond construction (which is the common concrete type), fish feeding, production, to marketing. To lower the cost for feeding you should try catfish farming manual feeding production. (200 x 15)/10000 =0.3kg for FCR 1:1. If you`re planning to start the fish farming business in a medium or large scale, you may need; See the best of our sample business plan: Fish farming business plan, you need it to get started in Fish farming business. The cost of high breed fingerlings 30×10,000 = N300,000. this is so because of the high cost of fish meal (the major protein source). More and more people keep plugging in every day. Marketing catfish. Catfish farming is here to stay in Nigeria. Consult some nearby fish farmers who have ponds for advice. After the average weight of the fish was 1.7kg. Fingerlings were of high breed catfish. Cost of feed (as of March, 2018) for raising 1 tonne of catfish. Your email address will not be published. A crucial decision to be made is knowing the best fish feed to rear your catfish.. 0. The ROI calculated for the catfish business is not correct. Budget additional N200/POL to raised them to laying or additional N750/DOC to raise them to laying. How much it will take you to get a bole hole done? Fish Meal (72 percent): N1,000 – N1,100. About N117,000 is expected to be spent on feeding in the second month, N15,000 on labour, N11,000 on power, N10,000 on cost of operations and N6,000 on miscellaneous making a total cost for the second month to be N159,000. How can 200bags of 15kg feed for 10000 fingerlings give an average of 1.7kg catfish at maturity.? It therefore means that reduction in the quantity of fish meal utilised will result in lowered cost of the feed. In the third month, N303,000 is expected to be spent. Comments : Fish feed accounts for approximately 75 percent of the total feed produced in Nigeria and about 70 percent of the cost of producing proteins of animal sources can be attributed to animal feeds. Input is N3.25’million. Copyright © 2013 All Rights reserved. You will also have to get the price of the feeds you`ll need for feeding your catfish. Catfish start taking feed during day time when they reach about 3 inch size. we can get from 200bags of feed for 10000 stock is 0.45kg or 450g. : Your email address will not be published. Nigeria imports approximately 40,000 tons of fish feed (significantly for catfish and tilapia production) valued at $60 million per year. However, I stand to be corrected. KINGSWAY FISHERY SERVICES | Designed by SIR KINGSLEY TECH. Cost of feeding from day one to maturity stage is 200 bags of foreign feed = N1,000,000. A Prepared Feasibility Study Sample For Catfish Farming In Nigeria. Okay lets take a case study of the cost of Catfish Farming in Anambra State, Nigeria. Fish farming consists of two major subdivisions, which could either be operated separately or as an integrated process. -Feeds, floating feed of 60 grams per fish, which is approximately about four bags at 7,000 each cost 28,000-Local feed of 1,700kg at N160 per kg, at f c r of 1.7:1. cost 272,000-Cost of feeding: let assume it is N2,000 per month for five month cost 10,000-Cost of logistics: let assume it is N2,000 per month for five months cost 10,000 If you have 10,000 fingerlings sold at N20 you get N200, 000. There are different types of feed for catfish. Catfish Farming in Nigeria: Feasibility Study The feasibility study included in this guide is for a farm capacity of 10,000 fingerlings and for a farm that is just starting. And it was sold at 800 naira each. Requirement for starting a Fish Farming in Nigeria, what payment methods do you use to pay writers, 10 Best Affiliate Marketing Program for Nigerians, 10 Ways to Increase Business Sales and beat your competitors, Top 14+ websites that pay writers in Nigeria, 12 Best Work from Home Online Jobs in Nigeria, How to Make money online through Blogging. Build Successful Online Business & Make Money Online. In general budget N5 million to raise 5000 birds to lay. Breeding fingerlings is very lucrative because 2 female fish can produce from 5000 – 10000 fingerlings. Fish farming in Nigeria is currently a very lucrative business and this is boosted by the continuous rise in the demand for Catfish. I compared water with oxygen in … Finely ground meal and flour-type feeds containing 40-50% of protein are used. Your fish must be well feed. Yes, these are to be taken care of in our next update of the article, How are u my brother please I wan to start up fish but I need ur help…please can u send me ur contact. The two subdivisions are … 4trips of sand used = 8000 x 4 = 32,000 naira.2trips of gravel = 32,000 x 2 = 64,000 naira.Cost of labour = 180,000 naira.Cost of plumbing (inlet and outlet facility) = 100,000.Cost of bore hole = 500,000 naira.Cost of treatment = 60,000.Cost of high breed fingerlings 30×10, 000 = 300,000 naira.Cost of feeding from day one to maturity stage is 200 bags of foreign feed = 1,000, 000 naira. Cost of constructing each fish pond is as follows; Each pond is 3m x 2.5m by 1.4m; each pond consumes 210 blocks and each bag of cement for 30 blocks. The highest body wt. After the average weight of the fish was 1.7kg. Choose The Right Fish Pond or Plastic Tank for Housing Your Fish. Social Exchange Market Grant for Nigeria; Real or scam? KINGSWAY AGRO SERVICES, Comments : The cost of juvenile 30×10,000 = N300,000. You can start your cat fish business where the cost of labour is low so as to sell at competitive price? The expenses from pond construction to marketing are taken into consideration.The farm is to have 10 concrete ponds of flow through system and each pond is to contain 1,000 stocked catfish. Cost of 1000 fishes = Number of fishes X Amount per fish. The cost of juvenile 30×10,000 = N300,000. Cost of one (1) fish = N30. Acidic water is bad for fish. Step 2: Feeding plan for 6months. Total: … So serve their feed twice a day. Usually avoid discussing about the cost of feeding is expected to be spent and ask questions and methionine first days. Rain water and tap water from treated source is not good for your on... 0F about 10,000 catfish product this site is because cost, price or profit is all relative of recurrent. 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