price of 1kg of catfish in nigeria 2020

Putting of nets so as to prevent predators from attacking your fish is another expenses that you must include in your cost of rearing 1000 catfish. Below are the expenses. Skip to the content ... make my format simple in such a way that you can make use of it once you have data on prevailing market situation on prices of inputs and outputs of catfish production. After successfully killing the catfish, bring them out for cleaning. 504,000 – 597,000 = -93,000, which shows a net loss, Read Also: Prices Of Agricultural Machinery In Nigeria. Cost of Catfish farming in Anambra State Nigeria: A Case Study. 4 Tips To Help With Catfish Farming In Nigeria. 4 thoughts on “Cost of feeding 1000 pieces of catfish fingerlings or juveniles to 1kg table-size fish in Nigeria” Odunlami Oluwafemi Joseph says: June 22, 2020 … In this article, you will learn how to start your own successful catfish farming business in Nigeria. At this point, we will be considering the cost of rearing 1000 catfish. The very first step is to purchase fresh catfish which are sold at fish markets nationwide and are generally sold by weight (in kilograms). Expenditure Details and Cost Value In Naira, -Renting pond for six months for 1,000 catfish cost           15,000, -Preparing pond, and this is only applicable to earthen pond cost 10,000, -Provision of net including workmanship cost      4,000, -Procuring young catfish, that is, at N20 each; between 6 grams and 10 grams cost             20,000, -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, -Security: let assume it is N1,000 per month for five months cost                5,000, -Cost of Medication, this is optional at 2,000, Read Also: Problems and Prospects of Agriculture in Nigeria, -Feeds, floating on daily basis, 74 bags at f c r of 1.1.1kg at N7000 each cost 510,000. The cleaning will involve the removal of the gills, intestines, and the use of clean water to rinse thoroughly when done. The price of juveniles go from N25-N35 each. One hundred grams of dried fish contains about 80 percent protein with 300 calories. Purely organic, Maggot and Sand-Free, Nutritional content intact, Shubunkin Goldfish (Ornamental Fish for Aquarium), Clarias gariepinus Broodstock (Mature Males and Females), Coppens Feed for Catfish (Pregrowers | 2mm), Heteroclarias Hybrid Juveniles/Jumbo Juveniles, Aller Claria Float (15kg Feed for Growers), Premium Japanese Koi Carp (Ornamental Fish), 5 Best Management Practices in Poultry Farming During Cold Weather, Turkey Production: General Management Practices, What You Need to Know About Feed Formulation for Livestock, How to Participate in the Afrimash 100k Challenge, How To Manage Drop In Egg Production For Layers, Weighing Scales: A Secret Weapon in Poultry Production, Oil Palm Production In Nigeria: What You Should Know. For many Nigerian farmers, aquaculture means opportunity. The fishing industry in Nigeria contracted by 2.07 percent in the third quarter (July – September) of 2020 according to the National Bureau of Statics. ©2020 Afrimash Company Limited. Call: (+234) 809 409 1115 WhatsApp: (234) 808 280 8271 Email: [email protected]. Other logistics will include all the expenses made on transportation of catfish feed as well as, manpower used in the farm. Always ensure that you only buy and use fresh catfish for the drying process. It also is low in saturated fat, which is known to aggravate or cause heart and blood-pressure problems. A bag will cost … google_ad_client = "ca-pub-9755093768544960"; Current Prices of Commodities in Nigeria (November 2020) Current Prices of Palm Oil in Nigeria Today (November 2020) Prices of Rice in Nigeria per Bag (30th November 2020) Domino’s Pizza Menu & Price List in Nigeria (November 2020) Ketchup Prices in Nigeria (2020) Cold Stone Ice Cream Price List in Nigeria … This is a great benefit, as plenty of other fish types aren't so much used because of that reason. Cost Table for Combination of Floating and Sinking Feed. A feasibility study carried in Anambra state and prepared for a catfish farm of capacity is 10,000. Therefore to start a small farm of 1000 juveniles you need from N25, 000 to N35, 000 to buy the stock. This is really up to you. We offer oven-dried catfish which is a highly nutritious protein source for human consumption. I have 1000+ to sell urgently and would like to know the best price to sell it in the market. These fish feed can either be bought or get it formulated by yourself. we respect your privacy and take protecting it seriously. More so, you can then decide on the possible way you can rear them to grow to their full potential, at least to one kilometre. Price of Fish Feed In Nigeria – Photo Source: Why am I using the word ‘well planned’? Interestingly, Nigeria is the largest producer of it. google_ad_width = 300; Cost of 1000 fishes = Number of fishes X Amount per fish. Nevertheless, I will advise that, farmers can start with a 1,000 of fish and then can as well, increase the quantity, as this will aid them in learning and understanding the rudiments of investing in a profitable catfish farming. Our oven-dried catfish are your best bet!!! Buy Meat, Poultry & Fish at and enjoy guaranteed best price in Nigeria | Prompt Delivery Available Nationwide | Order online! However, if pond is rent where there are several other ponds, it will help in reducing the cost on security on your pond. Any action taken as a result of information, analysis, or advertisement on this site is ultimately the responsibility of the reader. This is also very important. A bag of Yam Flour (Elubo): N63, 000- N69, 000 A bag of Garri: N13, 000 – N17, 000 504,000 – 379,000 = 125,000, It is. Dried fish provides an excellent source of protein with fewer calories than other foods such as beef. See Prices of Foodstuff in Nigeria. There is possibility of estimating the cost of rearing 1000 catfish in Nigeria, but that can be done based on the prevailing economic situation in the country. 2 fishes from my pond sometimes weighs 1.5 because of the size. I sale to buyers by kilo not by size. You can click here to acquire fresh and wholesome catfish from highly reputable fish vendors all over the country. It is faster, healthier, neater, more environmentally-friendly, and efficient. This increase is largely caused by border closures, COVID-19 containment measures, and insecurity, checks by PREMIUM TIMES have shown. 1000 fishes will consume 1000kg feed . Expected Quantity To Be Harvested In Naira Value: -1,050kg of catfish at the current price rate of N480 per kg cost   504,000. CATFISH FEED INGREDIENT COST IN NIGERIA (price per kg) Fish Concentrate: N1,350. Total cost of processing each fish is about N100. Cost of one (1) fish = N30. We accept bank transfer, bank deposit, online with bank, or debit/credit card, Dried Catfish (Oven-Dried | Cheddy Brand | Per kg). Well, as someone who has a first-hand experience in catfish farming in Nigeria, I want to analyze the profitability of catfish farming in Nigeria because catfish … Catfish can participate in reproduction at the age 1.5 - 2 years. This is important. Medium size: N850 – 900. What are the consequences of copyright infringement? Note that the use of the oven (kiln) in drying catfish is the future of fish drying in Nigeria. It takes about 1kg feed for a catfish to gain 1kg weight. google_ad_width = 300; We will provide you with all catfish farming tips so you can start your own catfish farming for profit. Salihu Abdulahi addresses the meeting of the Catfish Farmers Association of Nigeria (CAFAN) ... head office in Abuja last week, it announced minimum prices for various sizes of catfish to be used across all markets. Fish up to 500 grams now sell at 700 to 750 naira per kilo; from 600 to 900 grams, at 800 naira per kilo; from 1 kilo to 1.5 kilo … Fishing was the only sub-sector in agriculture that includes crop production, livestock and forestry to contract. Noting and following up on these prices help you keep a tab on the market, either s an investor or a … After you’ve purchased the fresh fish, the next step is to ensure they are all dead in order to prepare them for smoking. ... 74 bags at conversion ratio of 1.2:1kg. Make safe and reliable transaction with us. Prices of food items have skyrocketed by as much as 30 per cent in many parts of Nigeria in the last one year. Your email address will not be published. The more the quantity of fish, the higher the profit expected. google_ad_slot = "9979770738"; … CATFISH COST IN NIGERIA (price per kg) Week of January 23, 2017. it does not matter, whether they are self-bred or you bought them from breeders, catfish at this stage does not cost more than N30. Local Fish Meal: N400 – N600. Step 1: Purchase of Catfish Juvenile. Catfish Price per kg Thursday, November 19th, 2020 ABUJA: Big>>> ₦850.00, Small>>> ₦800.00, Smallest>>> ₦750.00, Tiny>>> ₦700.00, || CatFish Oil | Whilst grilled tilapia sells at US$3 per kg, patrons pay $4/kg for grilled catfish, indicating good prospects for catfish farmers. The well-dried fish helps to mitigate the occurrence of heart attacks and keeps the body’s circulation functioning well. Therefore, 1 catfish = 1kg feed. To request a refund, after you are logged into, go to My Account > Orders > Support ... for the order in question. 10 Steps to Start Rabbit Farming in Nigeria and Tips to Succeed, 9 Steps to Start Paddy Rice Business in Nigeria, 10 Best Agricultural Machinery Dealers in Nigeria, 10 Roles of Science and Technology in Agriculture in Nigeria, How To Prepare And Pass NECO In One Sitting Without Cheating, How to Use Online Video to Improve Your Digital Marketing Strategy, Money Transfer 101; Everything you need to know, How To Get Started On Your Writing Career With A Full-Time Job, Top 3 Trading Challenges That Traders Face, Survival Fund Application 2020 – Steps and Guide | Survival Fund portal –, How to Apply for Nigeria Youth Investment Fund (NYIF) – Application Form Portal & Requirements –, Ready, Steady, Go: Grab All the Benefits That Amazon AWS Certified Solutions Architect – Professional Certification Offers You. Pure dried catfish is a completely natural product that retains the antioxidants and omega-3 benefits of fresh fish, while significantly contributing to the health of the consumer. There is always a cost attached to a fish pond, irrespective of what system you intended to use in rearing your catfish. Selling Price Of Catfish In Lagos? This is another cost, and must be included to your cost of rearing a thousand catfish, irrespective who does it, whether you or you are hiring an expert. So, now when you know how healthy catfish is, hurry to as all the tastiest catfishes in Nigeria whether dried, smoked or fresh are offered here! It is however advisable to move your feed at least once in a month in order to reduce the cost on logistics. Fingerlings were of high breed catfish. Read this article to learn more about catfish farming in Nigeria. After cleaning the fish, you can curl the fish into the popular circular shape that most smoked catfish are sold as or you can leave them straight. Catfish Prices (2020) Price … Read Also: How to start a Fishery Business in Nigeria, Preparation of the fish pond will involve you clearing the environment, and the bushes, as well as de-mudding, and liming, including other corrections that are necessary to be done on the pond, for example, the piping, and the construction of erosion channels, among others. Farmers interested in buying fingerlings can buy them from N20 – N25 for one. by diran18: 4:12pm On Oct 17, 2012 Pls I need the selling price of catfish is lagos now for 1kg size of fish and the price below 1kg cos I have to sell. The next step is drying the thoroughly cleaned catfish. The ideas expressed on this site are solely the opinions of the author(s) and do not necessarily represent the opinions of anyone else. The expenses from pond construction to marketing are taken into … That is 1000 x N30 = N30, 000. Ground Floor, Freedom House (Beside IBEDC Office), General Gas, Akobo, Ibadan  200103, Oyo State, Nigeria. However, these current prices of food commodities in Nigeria can have a major effect on the value of the main stock and the overall market. Save my name, email, and website in this browser for the next time I comment. google_ad_height = 250; InfoGuide Nigeria is a multi-author blog in Nigeria founded by Ifiokobong Ibanga. They must always look, smell, and feel fresh. You are not always going to be around in your farm, therefore an employed pond  attendant has be paid for the job done, and it is very necessary and important that you include this expenses, while drawing the cost of rearing 1000 catfish. Note: this article is first published in 2016. Read Also: 9 Steps to Start Fish Farming In Nigeria. There is a locally formulated … Refunds are approved only after the conditions required for refund are met. You must put net in your pond. Usually during breeding, the parent herd is kept in separate tanks. The female reaches sexual maturity by 6 months, but the best results are obtained at the age of 2 years. Here in this post, we are going to bring you detailed information on the cost of feeding 1000 catfish in Nigeria. This is very important, because you cannot tell in the event of possible mortality in your farm, in the cause of production. Current price of 1kg medium sized fresh catfish is N500 to N550. 1000 fishes = 1kg … Re: How Much Is Catfish Sold In Ur Area Per Kg by dealerman ( m ): 9:53am On Oct 22 , 2017 We offer dried catfish which are highly nutritious protein sources for human consumption. How much is the price of Catfish per kg now. Enter the details of your request and send. The method you will use solely depends on the available resources. Fish Meal (72 percent): N1,000 – N1,100. Change of Price or Unavailability of a Product: In the case of a change in price or unavailability of a product, you could change your order or request that we send your money to your store credit with Afrimash (that is your Afrimash Wallet). -Hence, For Cost Table For Combination Of Floating And Sinking Feed:  It is. Two ways have been employed for this and they are the traditional open fire method using firewood or charcoal as fuel and the use of the oven (kiln). I’m sure you’ve heard a lot about the potentials of catfish farming in Nigeria, and how it is capable of making you millions of Naira. Pls add your name and contact number. Whether the pond is your own or whether you lease it, it is advisable to prepare your cost regarding a suitable rent value. The average price of 1kg of rice (imported high quality sold loose) increased year-on-year by 38.62% and month-on-month by 2.75% to N530.32 in October 2020 from N516.13 in September 2020. Then, you can use the money to shop on Afrimash later. Refund should be sought only if your issue is not resolved within a reasonable time frame. Natural Cocoa Powder Drink (250g x 6 – Tin): N4,500 – N5,000 Ile Oluji Pure Cocoa Powder (250g – … google_ad_slot = "8444795376"; Drying is a method of food preservation that works by removing water/moisture from the food, which inhibits the growth of microorganisms. -Procuring young catfish, that is, at N20 each; between 6 grams and 10 grams cost 20,000-Feeds, floating on daily basis, 74 bags at f c r … Smallest size: N720. google_ad_height = 600; Joseph Athanasius is a Content Developer at, Maize Production in Nigeria; Steps to Start, Tips to Succeed, 12 Best Cash Crops in Nigeria and their economic value, Prices of Agricultural Machinery in Nigeria. There is a fixed cost for young catfish, and you should know that. There is a cost attached to the security of your pond, mostly when you are not around to supervise work in your farm. Drying is a method of food preservation that works by removing water/moisture from the food, which inhibits the growth of microorganisms. ... Getting feed for catfish farming in Nigeria can be hard sometimes, owing to the fact that Nigeria still imports these feed and the cost of getting it to farmers adds to the price of the feed. Catfish has a low amount of mercury, which is prone to a nervous system. The prices stated in this publication is based in market prices on February 2, 2020. Let me have the price for 3-5kg.Send me the details to A fish from my pond can weigh 2.5kilo because its big. JohnJoelOlawale New Member Asked on April 19, 2018 in Agriculture. You can discover details including real-time market prices, local product varieties, seasonality, production & export volumes, and more. Subscribe to our mailing list and get interesting stuff and updates to your email inbox. The author may or may not have a financial interest in any company or advertiser referenced. Note that the use of the oven (kiln) in drying catfish is the future of fish drying in Nigeria. Last update: November 2020 Our data for each country are based on all entries from all cities in that country. Only logged in customers who have purchased this product may leave a review. All rights reserved. Step 2: Feeding plan for 6months. There is no cash refund for store credits. FRENCH BREAD PIZZA - November 30, 2018; FRENCH BREAD PIZZA – KISWAHILI - November 30, 2018; CHICKEN PEPPER SOUP RECIPE | Nigerian Food Recipes - November 29, 2018 [EN] Almond Mhencha / محنشة باللوز – CookingWithAlia – Episode 693 - November 29, 2018; How to make Carrot cake at Home - November 29, … So if you wish to buy 100 fishes, we calculate the price by the number of Kilo it … Emerald Farms -October 7, 2020 -0 comments . Similarly, the average price of 1kg of yam tuber increased year-on-year by 35.11% and decreased month on month by -1.12% to N242.87 in October 2020 … Three fish weighing 330kg would make 1 kg of fish. African catfish reaches a table size, which is an average weight of 1-1.5 kilo, in 5-6 months. Our aim is to provide daily living guide for Nigerians and her friends. Explore detailed information about Nigeria's Ginger market. Fresh fish deteriorates easily, hence there have to be some ways to preserve it while ensuring adequate retention of all nutritional value. It is because some fish farmers in Nigeria rather spent so much on production expenses, and as a result increased unnecessarily the costs of staffing and power including other activities in the fish … It is faster, healthier, neater, more environmentally-friendly, and efficient. google_ad_client = "ca-pub-9755093768544960"; Read Also: Steps To Start Garden Egg Farming Business In Nigeria And Tips To Succeed. Read Also Pfizer, BioNTech apply for EU’s conditional approval of COVID-19 vaccine Nevertheless, I will try to draw my estimation in such a way that will help you take decision once you are able to gather data based on the prevailing market situation, in terms of income and expenditure in rearing 1000 catfish. Required fields are marked *. Read more… Terms of Use. The following are the prices of cocoa products in Nigeria. We have 175 Fingerlings Prices starting from ₦ 8 in Nigeria Choose from best offers and buy today! It is good for your health! the prices are listed below. In the open market each smoked fish is sold from N400 to N600. Bank Transfer or Bank Deposit | Debit/Credit Card | Pay with Bank. Also, some times. Although this one is optional, nevertheless, you are advisable to prepare for the uncertainty. Big size: N850 – 900. Small size: N770. Methods of killing the catfish must be humane. Are you looking for a highly sustainable and rich source of protein for daily consumption? This however, will include all the expenses incurred before, and during as well as, the fishes might have matured. Prices in Nigeria This country had 2653 entries in the past 12 months by 307 different contributors. If intrested in buying call 08035207445. Here we publish several helpful articles in various categories, such as how-to articles, where to find things, resources, business, interviews and reviews. The West Africa Agricultural Productivity Program, or WAAPP, is … Other causes, according to our checks, are flooding during the … Foodstuff Prices in Nigeria Today 2020 According to the world poverty index, , Nigeria tops the rest of the world as the country with the highest number of poor people living in it, followed by India who used to top the list. When there is no other alternative, a refund will be processed within 3-5 working days. As of April 2020, the average price in Nigeria for a kilogram of beef with bone added up to 1,047.12 Nigerian Naira, which equaled to roughly 2.7 U.S. dollars. How to start a Fishery Business in Nigeria, Steps To Start Garden Egg Farming Business In Nigeria And Tips To Succeed, Problems and Prospects of Agriculture in Nigeria, Prices Of Agricultural Machinery In Nigeria. We hope you find this useful. Dried catfish contain little salt or cholesterol while being high in essential vitamins and minerals. Are you thinking of going into catfish farming? But bigger fish, from 1kg to 1.5kg and beyond, are quite normal at catfish farms. The medium price of 1kg of tomato in 2019 was N233.38 but has gone up to N307.63 in 2020. A kilo of Fish in my pond is 900 NGN, the bugger the fish, the more it weigh. Catfish farming in Nigeria is the cultivation of one or more finned fish primarily for commercial purposes. If the sales cost is N500 per fish then the total amount for 1kg is N1500. Your email address will not be published. Net Profit Will Equal Total Value of Sales, And Total Cost of Production Is To Be Subtracted From Net Profit. However, 1000 catfish is quite a reasonable number of fishes to work with, should you make up your mind to rear 1000 catfish. Catfish Feeds: The cost of catfish feed must be taken into consideration, and this must include the cost of different sizes of conventional and non-conventional catfish feeds, particularly locally pelletized feed. LSADA, in collaboration with the British-American Tobacco Nigeria Foundation, has trained catfish farmers to increase their potentials of processing catfish for export The content on the InfoGuide Nigeria is provided as general information only. For many years, the Ghanaian market has been used to smoked catfish averaging half a kilo in size. The team comprises professionals and Consultants from different fields of human endeavour. Dried catfish contain little salt or cholesterol while being high in essential vitamins and minerals. You should include dried fish in your diet and on a regular basis. This can actually be achieved by ensuring that you feed your catfish with floating on daily basis or at most with a combination of floating and sinking feed.

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