Catfish is popular because it is tasty, nutritious, and a preferred choice for many families and restaurants.
Starting a catfish farm involves setting up ponds or tanks, stocking them with fingerlings (young fish), and providing good feed and clean water. The fish grow quickly and are usually ready for market in 4-6 months. Proper management includes maintaining water quality, feeding the fish well, and protecting them from diseases. Many farmers find catfish farming appealing because it can be done on various scales, from small backyard ponds to large commercial operations.
The profitability of catfish farming comes from the consistent demand for fish in local markets. Catfish is commonly used in many Nigerian dishes and is also sold fresh, smoked, or processed. Prices vary, but farmers generally earn good returns on their investment. The quick growth cycle and high turnover rate make catfish farming a reliable source of income. Additionally, the by-products of catfish farming, such as fish waste, can be used as fertilizer, adding another income stream.
Proposed Capacity:
The farm will commence operation with 20,000 catfish.
In the first year of production, the farm will run two cycles, harvesting of x kg of smoked catfish and x kg of fresh live fish.
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