PREPARED FEASIBILITY STUDY ON FISH BUISNESS ON 5,000 CATFISH

In fish farming the first culture chamber used was the earthen pond, and because of the requirements about the quality of soil which must have 75% clay and retain water. Other qualities which disqualifies other farm sites brought about a concrete pond in which one can culture fish in any farm site even in the compound. But because of some problems in concrete ponds brought about the latest pond designed which is tarpaulin pond, this pond is mobile and does not need one going into any form of constructions.
 LIMITATIONS OF CONCRETE PONDS
1. The chemical from the cement affects the fish all year because of the reaction with water.
 2. The concrete pond is prone to be plastered every season because of the cracks as a result of reactions with water and cement.
 3. The cost is high.
 4. The growth rate of the fish is not encouraging.
 5. A lot of treatment is needed before the pond can be used after construction
. ADVANTAGES OF TARPAULIN POND
1. You can culture fish even inside your compound.
 2. You can use a temporally site to start your fish farm.
3. It is the ideal replacement for earthen pond.
 4. It enhance faster growth of fish. 5
. It makes the fish to feel as if the environment is natural.
 6. It is cheaper and does not need servicing all season.
 COST IMPLICATION IN USING A TARPAULIN POND.
 A pond of 10ft by 20ft will cost N50,000 and galvanized pipe used for the stands for the 20ft by 10ft by 4ft is N18,000, making the total cost of the pond to be N68000.
 COST OF POST FINGERLING OR THE FISH SEED.
 We have three breeds, and their prize on growth rate differs, we have one of N10, N20 and N35 respectively.
 And after six months of culture their growth rate will be 1kg, 1.5kg, and 2.5kg respectively.
So the cost for N10 is N50,000
 N20 is N100,000
 N35 is N175,000
 But the size of the fish determines the market, if 1kg of fish is sold at N400 the 2.5kg will be sold at N1000 plus.
 COST OF FEEDING
 In fish farming the cost of feeding goes up to 75% of the money spent in fish farming and that is why is good that one must culture the breed that will grow well.
 N1000 fishes will consume 40 bags of feed and a bag is sold at N4500 40×5 ponds = N200 bags in all 200×4500 = 900,000
 WATER TREATMENT= This treatment is done in water before stocking fish to prevent shock and any form of bacterial in the water. Each pond will cost N5000 5000×5 ponds = N25,000
GROWTH BOOSTER= This is a multi mineral supplement mixed together with the feed everyday to boost its growth
 PLUMBING= The outlet and inlet connection of the ponds will cost N40,000.
THERE ARE MANY WAYS OF REDUCING THE COST OF FEEDING, AT LEAST SAVING 20% OF THE COST OF FEEDING. THE BENEFITS IS FOR THOSE AM CONSULTING FOR TOTAL COST
 Cost of Ponds : 68,000×5 = N 340,000
 Cost of fish seed : = 175,000
 Cost of feeding: =900,000
 Cost of water treatment =2 5,000
 Cost of booster : = 80,000
 Plumbing: =40,000
 TOTAL: = 1,560,000
COST OF INPUT = N1,560,000
 OUT PUT
When the good breed is culture and fed well the average weight of the fish will be 2kg. And at whole sale price will be at N700 and if 4,800 fishes survives the out put will be 4,800xN700
which is = 3,360,000
 Gain = output – input = 3,360,000 – 1,560,000 = 1,8000,000 profit
 OUR SERVICES Our consultant services covers the farm set up and weekly or monthly check ups on the welfare of the farm to ensure that the fishes are doing well. Our charge for consultancy depends on what the owner wants such as full service or short services. CALL US ON 08032861326 +2348032861326 for help and consultancy.

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