Catfish Farming In Nigeria | Business Plan Sample

Catfish Farming In Nigeria | Business Plan Sample

Catfish Farming In Nigeria | Business Plan Sample is a free guide for beginners. Firstly, there are smart ways to Catfish Farming In Nigeria | Business Plan Sample. Knowing a little on Catfish farming generally is a good way to startup. Furthermore, there are several types of catfish in the world today. But our focus is on the African catfish farming. The African catfish is a delicious Fish species in Africa. The commonest is the Clarias gariepinus or African sharptooth catfish. This species of catfish belong to the family of Clariidae. It is sometime called “the air breathing catfishes”.

Catfish Farming In Nigeria | Business Plan Sample

More On Catfish Farming In Nigeria | Business Plan Sample

Furthermore, Catfish generally are easy to rear. It grows faster than most reared fishes. Catfish can survive without water for more than 24 hour. Especially the matured ones. The fingerlings and juveniles might not get to 24 hour before they die off. Nevertheless, they have both gills and lungs to enable them survive in water and outside the water habitat. When they are out of water, they can jump up to 2meters with several distance of crawling. This act is displayed to help them locate close source of water to swim in.

The Decision To Join The Catfish Farming Community

The decision to join the community of fish farmers begins with a certify knowledge of how it works. This can come from several trainings, well prepare business plans and a feasibility study or an expert in the field of fish farming. Furthermore, writing one begins with knowing what is needed in the farm and how to get them. You can get a professional to write one for you or partner with an existing farmer to help you out. Nevertheless, we will advice you to get a professional, if you are going in for a loan or a grant from any investor.

Catfish Farming In Nigeria | Business Plan Sample

Do You Need A Business Plan And A Feasibility Study To Raise Fund For Your Business?

We can carry out research and develop MBA grade business plan that you can present to a bank or any investor. Chris Farm Nigeria develops well self-explanatory, irresistible feasibility studies or business plan for your Business start ups, Business Growth or Expansions through either personal funds, Grants, or loans, which could be new or existing ones. We delight in writing for people under Academic sectors, production sectors, manufacturing sectors, processing or packing sectors, advertising sectors, marketing sectors and other related sectors on mini, middle and large scale businesses.

Likewise, in Agribusiness; either production, processing, marketing of any Agro-industry, our feasibility studies or business plan are explicit

See What Our Business Plans And Feasibility Study Reports Has For You

Intuitively, Our Business Plans and Feasibility Study Report has a unique content. Take a look at it. Finally, be rest assured that we give you what you want if you place an order. Furthermore, For easy understand of your idea, Contact us either by call or an email request.  “You Will Be Glad You Did”.

Tarpaulin Collapsible Mobile Fish Pond

Catfish Farming has moved into Tarpaulin Collapsible Mobile Fish Pond. Farmers says that is the easiest way to do fish farming business. Firstly, Fish Farming is now easy and lucrative with Tarpaulin Collapsible Mobile Fish Pond. Intuitively, is the innovative way of doing fish farming Business with easy. Likewise, doing fish farming business in the comfort of your home. Are you a tenant or a landlord? You can now do your fish farming anywhere. Call Us Today Or Chat Us Up On What’s App On +2348036925718 To Get Your Own Delivered To You.

More To Tarpaulin Collapsible Mobile Fish Pond

Furthermore, Tarpaulin Collapsible Mobile Fish Pond has come to stay. Do you have an empty land you propose for something? And the funds is not yet handle? Start up a Fish Farm there. Our Tarpaulin Collapsible Mobile Fish Pond does have any negative impact on your land. Also, No digging or construction works. All you need to do is to install it there. That’s is why it is called Tarpaulin Collapsible Mobile Fish Pond. we got you covered when it comes to fish farming business.

Our Tarpaulin Collapsible Mobile Fish Pond

Firstly, We sell various sizes of Tarpaulin collapsible Mobile fish pond in Nigeria. Do worry about your location. We supply our Tarpaulin Collapsible Mobile Fish Pond to any part of Nigeria. We supply according to your specification which is determined by the space available.

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Features of our Tarpaulin Collapsible Mobile Fish Pond

  • Our Tarpaulin Collapsible Mobile Fish Pond are fordable.
  • it is made from a PVC material
  • It is more ideal for those who live in urban areas with little space available for your fish farm.
    Also, grows fish very fast and can be used for fish culture in any environment.
  • Likewise, our Tarpaulin Collapsible Mobile Fish Pond are all moveable (mobile)
  • Similarly, cheaper than concrete made fish ponds.
  • Lastly, More people are using this tarpaulin fish pond in Nigeria.

Quality Of Our Tarpaulin Collapsible Mobile Fish Pond

1. Tarpaulin Material

First look at the material. Some people use tarpaulin and other grades of tarpaulin for fish farming. But in reality, the best types are the grade-A materials also known as the trailer Tarpaulin. It is actually HDPE, high density polyethylene. It is reinforced with fibers inside and can last for up to 10 years if well handled.

Catfish Farming In Nigeria | Business Plan Sample

2 Things To Look Out For In The Liners.

  • The length.

This is tricky. A 4ft pond should not have a 4ft liner. It should be at least a 4ft 2 inches in length. This is to allow the material to seat properly on the floor. The material must be big enough just to have a little extra. This way the weight of the water would be on the floor and not on the material or on the frames.

  • The sealing.

Some people use gum to seal tarpaulins. But with the newly imported tarpaulin sealing machine, we are able to seal the tarpaulin into different sizes we want. People now seal the tarpaulin for large sizes even for earthen ponds as earthen fish pond liners, to lay inside leaking concrete ponds, to retain water in leaking soils e.t.c

3. The Frames of the pond.

People think Iron frames are the best, over Wood frames or PVC Pipe frames. I think they are all useful for different purposes. You can use them for different aspects of fish farming, building a hatchery, smoking size fishes, grow out fishes or brood stock ponds.

To identify the best tarpaulin fish pond in Nigeria, the frames must not be rickety. It must be strong and reinforced on all sides.

Catfish Farming In Nigeria | Business Plan Sample

  • Drainage

The drainage, this is tricky. There are different types of drainage systems. The exit valves and the chambered flushing system. It is always best to get a plumber to come and attach the drainage of your pond for you.

Tarpaulin Collapsible Mobile Fish Pond

Order For Your Own Tarpaulin Mobile Fish Pond Today Via Chatting Us Up On Whap’s App (+2348036925718)

We offer tarpaulin type mobile/portable fish pond which help to avoid the high cost and inconveniences common with concrete, plastic and earthen ponds. It can be installed and uninstalled. Thus, a suitable option for tenants, indoor/outdoor usage. Furthermore, It is suitable for backyard or small scale fish farms in the compound, as well as large scale projects. Similarly, it is also well adapted for common fish cultures (table and ornamental fishes).

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Where To Put Cheap Tarpaulin Mobile Fish Pond?

Intuitively, you can make use of excess space in your compound by installing our Cheap Tarpaulin Mobile Fish Pond there. If you have empty land that you have not yet developed, you can convert it into a fish farm. There is no need of digging or construction on the land. So, you land is valid. That is to say; you can use your land anytime. All you need to do is to uninstall our Cheap Tarpaulin Mobile Fish Pond from the land. Then, you can use it for the purpose it is meet for.

Fish Mobile Tarpaulin Ponds For Fish farming For Sale

Why Use Our Cheap Tarpaulin Mobile Fish Pond

  • Firstly, our product offers features of excellent tensile strength-from the galvanized mesh wire material, which can withstand tearing.
  • It’s the special grade of quality tarpaulin with a particularly high tensile strength that makes it suitable for tough applications, including fish pond construction; industrial and home water storage; rainwater harvesting, the construction of quality tents and makeshift shelters, as well as other innovative applications in place of concrete walls.
  • It is used with a combination of metal/reinforced pipes framework/support.
  • Adapted features for water supply (pipes) and water exit from the setup.
  • Finally, it is available in different colours

Catfish Rearing Overview

African catfish reaches a table size, which is an average weight of 1-1.5 kilo, in 5-6 months. We can carryout spawning or hatching on Catfish when they get to Maturity. Their brooder stock maturity is about one and half years and above. Furthermore, the female reaches sexual maturity by 6 months. But the best results are obtained at the age of 2 years. Usually during breeding, the parent herd is kept in separate tanks.

Catfish Feeding

The feed must be carefully balanced. The protein content of such feed should be at least 38%. In a day, each catfish should consume at least 1.5% of its weight. Feed is very important issue especially if we are talking about fingerlings. Of course, feed is the largest operating cost, we do not count expenses for a pond or a tank. There are different types of feed for catfish. Finely ground meal and flour-type feeds containing 40-50% of protein are used. To lower the cost for feeding you should try catfish farming manual feeding production.

Catfish sells very fast because it is cheaper than meat. Oftentimes, there are higher demand for it. 

Guide on catfish feeding per 1000 fishes using Aquamax

 

Water Temp (Celsius)

 

Pellet size

Days of usage

Quantity of feed/day/1000 fish (kg)

Expected weight grain (gram)

Final Average weight/fish (gram)

Total Quantity of feed/1000 fish  (Kg)

Cost/kg

26.5

2mm

14

2.42

68

73

30

12,800

26.5

3mm

16

6.5

120

193

60

21,800

26.5

4mm

30

7.74

257

450

165

59,950

26.5

6mm

30

11.15

340

800

270

92,700

26.5

9mm

30

14.10

210

1000

480

164,800

Total

120

1000

1005

352,050

 

FCR

0.75

1000 fishes for a year(3 times);
total cost of Feed → N352,050 x 3 = 1,056,150.00

owned earthen pond; 1,056,150.00 + N170,000.00 = n1,226,150.00
owned mobile pond; 1,056,150
.00 + n125,000.00 = n1,181,150.00
rented earthen pond; 1,056,150
.00 + N140,000.00 =n1,321,150.00

SUMMARY OF FEED REQUIRED/1000FINGERLINGS
2MM – 30KG (2 BAGS)
3MM – 60KG (4 BAGS)
4MM – 165KG (11 BAGS)
6MM – 270KG (18 BAGS)
9MM – 480KG (32 BAGS)
TOTAL BAGS = 67 BAGS
FOR A YEAR; 67 BAGS X 3 = 201 BAGS

COST OF post FINGERLINGS

COST OF post FINGERLINGS @ 25 =1000 X 25 = N25, 000
FOR A YEAR
=
25,000 X 3 = N75, 000

FIXED COST AND VARIABLE COST

S/N

Description of activities  

Month

Yearly  

1. 

Labour

5,000

60,000

1. 

Anti-biotic, vitamins and minerals

N3,000 per 3 months

N9, 000

1. 

Utility (fuel, electric bills etc)

N5,000 per 3 months

N15, 000

1. 

Cost of fingerlings

N75, 000

1. 

Total cost

N159,000

ACTUAL PRODUCTION COST

Owned earthen pond = N1,226,150.00 + 159,000.00 = N1,385,150.00
Owned mobile pond = N1,181,150.00 + 159,000 = N1,340,150.00
Rented earthen pond = N1,321,150.00 + 159,000 = N1,480,150.00

CATFISH SALES

1000 CATFISH @ 5% MORTALITY RATE
for doubt sake less use 10%

1000 X 10/100  = 100

1000 – 100 = 900
900 x 1kg = 900kg

 
FOR 1000 FISHES; 900KG x N600 = N540,000
IN A YEAR; N540,000 X 3 = N1, 620,000

PROFITABILITY ON 1000 FISHES in a year

PROFITABILITY = TR – TC

WHERE TR = TOTAL REVENUE (N1,620,000.00)
             TC = TOTAL COST

PROFITABILITY (TR – TC)

Owned earthen pond
N1,620,000.00 -- N1,385,150.00 = N234,850.00


Owned
mobile pond
N1,620,000.00
-- N1,340,150.00 = N279,850.00

Rented
earthen pond
N1,620,000.00
-- N1,480,150.00 = N139,850.00

 

Some Other Business Plan Sample

Sample Cost Analysis Table (Alternative A)

  • Combination of floating and sinking feed.
  • Detail of Expenditure Cost Value (Naira)
  • Pond rentage for six months (for 1,000 juveniles) 15,000
  • Pond preparation (applicable to earthen pond only) 10,000
  • Netting (including workmanship) 5,000
  • Procurement of juveniles (N25 each; between 6 and 10 grams) 25,000
  • Feeds (floating; I recommend 100 grams per fish. That’s approximately seven bags at 7,000 each) 44,000
  • Local feed (1,700kg at N280 per kg). Note: At conversion ratio of 1.4:1. 392,000
  • 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

Sample Cost Analysis Table (Alternative B)

  • Floating Feed Only
  • Detail of Expenditure Cost Value (Naira)
  • Pond rentage for six months (for 1,000 juveniles) 15,000
  • Pond preparation (applicable to earthen pond only) 10,000
  • Netting (including workmanship) 5,000
  • Procurement of juveniles (N25 each; between 6 and 10 grams) 25,000
  • Feeds (floating all-through; 74 bags at conversion ratio of 1.2:1kg. A bag will cost N6,000) 444,000
  • 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 530,000

Sales Analysis Table

Quantity Harvested (expected) Value (Naira)
1,080kg of fish (At the current rate of N600 per kg) 648,000
Total 648,000

Net Profit = Total Value of Sales – Total Cost of Production

For Alternative A: Net Profit = 648,000 – 522,000 = 126,000

For Alternative B: Net Profit = 648,000 – 530,000 = 118,000

Conclusion

The higher the quantity of catfish stocked, the better the profit expected. However, I would like to suggest that new Nigerian catfish farmers should start with a maximum of 1,000 pieces of catfish and later increase the scale. This will enable them to learn the rudiments of catfish farming while gradually working towards scalable profitability.

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