There is so much money to be made in aquaculture (Tilapia fish farming, catfish farming, shrimp, prawn and lobster breeding); with the right technical know how expert . Catfish is one of the businesses you get a high return on investment within a short period of time with the right imported and local feed. Catfish farming is a lucrative form of fish farming business.
Catfish is the healthy and proteinous fish that are atimes seasoned, garnished , boiled, smoked and pepper soup fish you eat at the lounge and bar, clubs restaurant’s, and special classic event’s in the society, its popularly known as “Point and Kill”.
Its the fish you found with those Maikifi” Fish seller ” at mile 12 market, Kosofe, Iddo market around Lagos, processing through oven or locally made oven or drier for the end consumers.
Photo: Tikifish Akure
Organically produced and free from grits, It can be found well packaged at big stores like justrite, Shoprite , pricerite, super saver ikosi isheri, Edichat and CCD supermarkets-kosofe and others supermarket in town and equally been exported outside the country for a better return in dollars.
If this article look like a science story and does not relatable to Human or comprehend, below report will open our minds and number 6 sense to why we must go fish farming.
Nothing much has changed in the above report till now hence the reason’s those with idle funds or those who are looking for alternative businesses must give it a trial to make money and the same time be employer of labour.
The major requirements include :Ponds, fingerlings, imported feed, local feed”Of Best Formula ” and other logistics you will harvest between 4months or 6months depending on the market size demand and make legit Money.
You can start with 2000 fingerlings but it’s advisable you start with about 10000 fingerlings and make huge ROI.
Scientifically the amount of time required to boil one egg. Also, applicable to boil 10,000 egg’s. Basically the higher the quantity the lower the cost of production and the higher the return’s.
According to Kosofe post findings the return’s on investment can be made monthly, bimonthly quarterly or half yearly depending on financial capability and the risk factor is almost zero percentage.