A feasibility study prepared for a catfish farm of capacity is 10,000 and fingerlings of high breed catfish where to be stocked. The expenses from pond construction to marketing is in considered.
The farm is to have 10 concrete ponds of flow through system and each pond is to contains 1,000 stocked catfish.
Cost of constructing each pond is as follows.
Each pond is 3m x 2.5m by 1.4m, each pond consumes 210 blocks and each bag of cement for 30 blocks. Hence 210 x 10 = 2,100 blocks. 2,100/30 = 70 bags of cement needed. 70 x 200 = 140,000 naira.
4trips of sand used =700x4= 28,000 naira.
2trips of gravel = 32,000x 2= 64,000 naira.
Cost of labour =150,000 naira.
Cost of plumbing(inlet and outlet facility).=100,000.
Cost of bore hole =500,000 naira.
Cost of treatment= 50,000.
Cost of high breedfingerlings 30x10,000=300,000 naira.
Cost of feeding from day one to maturity stage is 200 bags of foreign feed = 1,000000 naira.
After the average weiht of the fish was 1.7kg. And it was sold at 800 naira each. The output was 800 x 9800 fishes, due to 200 mortality.
800 x 9800= 7,840,000 naira.
Input is 3.4'million naira.'
The profit is 4.44,000 million naira after six months of culture.
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