How Much Do I Need To Start Fish Farming In Nigeria

How much cost to start a fish farm in Nigeria. The farm has 10 ponds to contain 1000 fingerlings cum Catfish each.

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And above are the requirements and cost of starting a fish farm.

How much do i need to start fish farming in nigeria. However 1000 catfish is quite a reasonable number of fishes to work with should you make up your mind to rear 1000 catfish. If youre keen to start a farming business fish farming is unarguably one of the most profitable farming businesses you can invest in. An entrepreneur planning to start small scale fish business on a tight budget can opt for either plastic tanks or tarpaulin pond types.

If you want to start small with like 50 Juveniles you just need a fish farming tank at your backyard or anywhere comfortable in your compound where you will have access to water and if you want to start big like 10000 juveniles you will need to acquire plots of Land and do necessary pond construction to take the 10000 juveniles. It is also advisable. What scale do I want to start with.

Each pond consumes 210 blocks and each bag of cement for 30 blocks. For instance to construct a 17 x 15ft concrete pond on a quarter plot of land usually costs between N100000 to N300000. Cost of constructing each fish pond is as follows.

The cost of starting a fish farm varies with the aspect of fish farming you want to embark onYou may need to ask yourself these questions 1. Tarpaulinplastic pond types are not only less expensive they are also easily movable. The higher the quantity of catfish stocked the better the profit expected.

A relatively small fish farm may take up to N500000 to setup while bigger ones. The cost of starting a fish farm is high its high capital intensive when compared to poultry farming. Again the figures are not fixed since they largely depend on so many factors both external and internal such as the size of the fish farm the type of the fish you are keeping and even market around you.

I dont know when youll be reading this article. Each pond is 3m x 25m by 14m. January 13 2021.

A small fish farm can be started with five hundred thousand naira and above while a bigger farm will require millions of naira for start up. What system will I useearthen pond or concrete pond. The Capital covers from pond construction which is the common concrete type fish feeding production to marketing.

There are other farming businesses such as poultry farming but. Consider the following scenario. BusinessDay On any grounds fish farming is one of the farming businesses that have thrived in Nigeria for many years.

A small fish farm can be started with five hundred thousand naira and above while a bigger farm will require millions of naira for start up. Do I want to go into table size production or seed stock production or both. However I would like to suggest that new Nigerian catfish farmers should start with a maximum of 1000 pieces of catfish and later increase the scale.

The profitability of your fish farm business is based on the fish feed. Also I would like to advocate and I believe other. I was reading about this topic online earlier today and I came across a page where the author mentioned to the last shilling how much money youll need to establish a fish farm.

Which is the best catfish feed in Nigeria. Skretting is a popular fish feed brand in Nigeria with a production plant in Ibadan. Setting up a fish farm needs more careful planning and much capital input.

Starting a catfish farm entails. This post will intimate you with the current fish feed price in Nigeria. The amount can however be higher or lower.

This will enable them to learn the rudiments of catfish farming while gradually working towards scalable profitability. The second reason why you need Xyz Shs to start fish farming can be silly. That piece was written in 2013 according to the date on.

Setting up fish farm requires more careful planning and much capital input. Nevertheless research has shown that a fish farmer makes an average of 63000 dollars per year. Fish Feed Price in Nigeria Do you want to know the prices of fish feed in Nigeria today.

The feasibility study included in this guide is for a farm capacity of 10000 fingerlings and for a farm that is just starting. With N5750000 you can start a medium scale fish farming in Nigeria. Starting a catfish farm entails.

We may analyse fish feed prices but we. Cost of Feeding 1000 Catfish In Nigeria Photo Source. My over 2000 Cat Fish are 2 months and 1 week today I have spent about N140k on hem starting from acquisition of pound fingerling and all he feeding and he fishes are doing real well I will be going on other dimension of feeding this week I have gotten about 50kg of raw soya beans groundnut groundnut cake fish corn fish premix etc my budget till harvesting on those fishes is Max of N230k.

The farm is to have 10 concrete ponds of flow through system and each pond is to contain 1000 stocked catfish. 9 Steps to Start Fish Farming In Nigeria. A small fish farm can take up to N500000 to set up while bigger ones take millions of naira.

If yes then this article meant for you.

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