₦airaland Forum

I am so sorry i am replying to your question late.. i had busy schedule at work today and i've just come out of the shower and feel refreshed as i read your comment to my reply.

Firstly, you need to know that pond acquisition and construction expenses are fixed costs and you do not expect to make reasonable profit margin during your first crop season especially with 1000 pcs of fishes or do you intend to abandon the pond and start with a new pond at the next stocking season? your fixed costs include cost of pond construction,pumping machine,basin,drag nets e.t.c

Secondly, i said no one can accurately predict the amount of money that will be spent on fish feed, but we can only make predictions which we are sure will accommodate their feeding expenses.the 250k is more than adequate for feeding and we are very sure you will still have some change up to the tune of 10-20k at the end. this my estimate is optimum feeding of 1000 pcs of cat fish for 6 months.

Prices of pond construction depends on the type and labour cost which is variable depending on location. only tarpaulin ponds have market prices not concrete or earthen(natural) ponds. At our end here they construct a 60 square metre ponds of about 5ft depth between 70-80k with tall dikes.

Please i will like to point out that i DIDNT say cat fish farming is the best way out for people who need quick/fast money or that it is an easy form of farming where you can make money over night, i kicked against it and that was why i decided to comment when i saw your thread. However, cat fish farming is a great money spinner but for money to spin in, you have to get it right(know about it and have on-site assessment of how things are run and not by reading some lazy manuals or listening to sweet tales from dubious folks with sugar coated mouth) and invest wisely. for records, cat fish farming on a scale of 1000 above pcs of fish is not a poor man's business and i wouldn't advice someone who doesn't have enough capital to go into it as fishes must east everyday just like poultry birds. with hard work and focus, even if the profit margin in your first cropping season is so small, you shall get higher returns during your second cropping season since there is no need for any major fixed costs expenses again.

olayiwola Farms Nigeria ltd (A div of Penthouse Nigeria Ltd)
olulay@yahoo.com,08090938426

As an experienced person in the haulage business, i will advise you to go for LHD trucks and regardless of any location you plan to use it, MACK,FORD,FREIGTLINER,MAN DIESEL and MERCEDES BENZ trucks are all good. so feel free to choose among any of these and trust me, you shall have rest of mind.

I am currently putting up some write-ups regarding the wrong info i have read regarding cat fish breeding in Nigeria and i can boldly say 95% of the info shared are false and misleading. but not to derail your thread i will answer your question as truthfully:

1 Cost of pond depends on area, land and type of pond you intend to have. By type of pond, i mean earthen, concrete or tarpaulin ponds

2 Cat fish have sizes: we have fingerlings, juveniles and post juveniles. I always advise potential farmers to go for juveniles since most of them don’t have facilities to handle fingerlings. Healthy juveniles cost between 25-30 naira

3 This is where gullible investors fall prey. Before you go into cat fish farming, make sure you know your market or better still make sure you know your buyers and what type of size they buy. For instance it will be difficult for you to get a buyer for a 500g fish if your market environments demands for a 1kg fish and vice versa. however, on average, you should be able to get a size above 1kg within 5 months PROVIDED you fed them well and they are raised with the best and healthy practices

4 I could see you really know what you want and this your question will make those that deceive others shiver in here..lol. i have heard where they will tell you, 'each fish will consume 200naira worth of feed for 6 months and you will attain above 1kg'. Oh my God!!! How is this feasible? Definitely it is not and yes i said it is NOT feasible because different factors and condition determine the response of fish to feed at any particular time. Factors like water quality (turbidity,ph,temperature..e.t.c), stress and health. What i generally advise is to set aside considerable amount for feed. for 1000 pcs of fishes and your target is 1kg and above fed for 6 months, i will advice you keep 250,000 for feeding.

5 This is another good question. Cat fish price varies from place to place, in some places 1kg sized fish goes between 500-520 while in some places we have 460-480. but also have this in mind that not all the 1000 pcs will survive and also not all with attain 1kg averagely. However, if they are well fed and raised under the appropriate conditions, you should have above 850kg at the end of the day. So if you do your maths with the price range i give above, you will still make profit. Profit margin however depends on the pond type you choose. Concrete and tarpaulin ponds consume more money than earthen ponds because of the need to change water.

I have always advised potential investors to seek for a one-on-one training with professionals before they venture into raising cat fish. Do not rely on what people say that you only need to read their manual and you are all set to go, it is disastrous as it is a cheap and easy ploy to deceive you into buying their training manual. I am not dis-crediting their manual but what i go against is the assumption that the manual is the only thing you need to read before you start your own farm. Also, make sure you have an onsite assessment of a fish farm by yourself and don’t assume things in your head.

As you can see form the attached pic,these fishes are 5months and 2 weeks old and their average weight is 1.3kg-1.6kg

i have compiled some useful info into an E-book which is a guide for any starter and experienced fish farmer

PS:due to popular demand, this has been done:https://www.nairaland.com/1843788/cat-fish-enthusiastic-farmers-lovers#25242898

olayiwola Farms Nigeria ltd (A div of Penthouse industries Ltd)
olulay@yahoo.com
07069457328,08090938426

these too

trucks we also use

Going...

I have my business location in abeokuta,ogun state

Invest in granite business and with 100k, collect 7k every 2 weeks


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Castrated male for the same price?

I need some for my farm

Still available

going....

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factory fitted security

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anoda pic

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Vehicle location is abeokuta,ogun state

asking price is 2.6M
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contact:08090938426 or olulay@yahoo.com

Yeah...granite business

The cat fish business is a good idea. Once you have the necessary information and infrastructure, you are going to break even..good luck

I sent you an email! I can handle tiles and sanitary

This is an opportunity for potential investors to invest into truck business in partnership with our company. we offer transport services to the granite stones and sand industry in Abeokuta,Ogun state and due to our large client base, we are in need of more trucks. we have fixed returns we give to you on each truck every week( Fixed in the sense that no condition will ever make us not to pay you except if your truck breaks down or in need of repairs).You don't have to be in Abeokuta before you can invest in this business as we pay into your bank account first thing every Monday.If you wish,you can install GPS tracking device on your trucks to know its location at any given time. For 6 tires truck, we pay you GUARANTEED 50,000 and on 14,18,26 tires truck we pay you GUARANTEED 120,000 weekly . all terms and conditions are under sealed agreement, so you are protected and returns on your investment is SEALED!!!. the beauty of it again is that you can monitor the activities of your truck with a tracker anywhere you are in the world.


contact us on olulay@yahoo.com or 08090938426

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We have for sale a twin 3 story building housing a 60-bedroom hostel accommodation along Federal University of Agriculture, Abeokuta. It has a C of O , building approved by the the state government and the local council and all building documents are available upon request. the hostel is ideal for university students whose school is not far from it. it is available for inspection.

We are a granite supply company based in ogun state Nigeria, we have large deposit of granite stones of all sizes for construction work. get us clients or construction engineers in need of granite stones and we shall give you commission on every tonnage of granite supplied through your link. it costs you nothing to make money through this venture than your zeal.. so make money for yourself today by getting your customers whereever you are and we shall give you a commission for every tonnage supplied

08090938426 olulay@yahoo.com

This is an opportunity for potential investors to invest into truck business in partnership with our company. we offer transport services to the granite stones and sand industry in Abeokuta,Ogun state and due to our large client base, we are in need of more trucks. we have fixed returns we give to you on each truck every week( Fixed in the sense that no condition will ever make us not to pay you except if your truck breaks down or in need of repairs).You don't have to be in Abeokuta before you can invest in this business as we pay into your bank account first thing every Monday.If you wish,you can install GPS tracking device on your trucks to know its location at any given time. For 6 tires truck, we pay you GUARANTEED 50,000 and on 14,18,26 tires truck we pay you GUARANTEED 120,000 weekly . all terms and conditions are under sealed agreement, so you are protected and returns on your investment is SEALED!!!


contact us on olulay@yahoo.com or 08090938426

https://www.nairaland.com/906450

they can invest in granite business..since the chinese ar emaking huge profit from it,why cant they? olulay@yahoo.com

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