Estimate cost of growing 500 kilogrammes of catfish in Lagos, Nigeria for August – December, 2019

These are 8 weeks old juvenile catfish enjoying fresh water at Divine Fish Farm and Gardens. We intend to grow these fish for another 12 weeks (3 months) by which time they should average 500 grammes (g) per fish. At that size they will be ready for processing, i.e. smoking and drying.

These are 8 weeks old juvenile catfish enjoying fresh water at Divine Fish Farm and Gardens. We intend to grow these fish for another 12 weeks (3 months) by which time they should average 500 grammes (g) per fish. At that size they will be ready for processing, i.e. smoking and drying.

Here is a budget estimate for growing these fish.

The catfish in this pond number 1000 pieces. They will have an estimate total mass of 500 kilogrammes (kg) after 3 months. They will consume about 35 bags (15kg per bag) of extruded catfish feed at an estimate total cost of two hundred and forty-five thousand naira (N245,000).

The cost of hatching catfish fries and growing them through fingerlings to 1000 juveniles after 8 weeks is N35,000.

The operational costs of growing the fish is N55,000. The total estimate cost of growing the 1000 fish in this pond to 500 kg is N335,000.

Given this outlay at what price should the catfish be sold to recoup the investment? Remember that the farmer cannot ignore the market price of fish in deciding the price at which he or she will sell his or her fish. How much control does the farmer have over the price at which he/she sells his/her product? To which market should the farmer sell his/her product? Can the farmer take advantage of producing at scale to reduce unit cost of growing fish? How close is the farmer to his market?

The questions above are what every fish farmer should ask at the beginning of every fish farming cycle. A fish farmer should do his budget estimate at the beginning of every fish farming cycle. Intending fish farmers should also do this exercise so as to determine if the venture would be worthwhile.

Sadly, many catfish farmers in Nigeria do not do a budget analysis before engaging in the business of catfish farming and it often leads to unintended consequences. I will end with a tabulated estimate of growing 1000 catfish to an average mass of 500 grammes per fish.

Estimate cost of growing 500 kilogrammes of catfish in Lagos, Nigeria for August – December, 2019

SN

Item

Cost (N)

1

1000 pieces of juveniles

35,000

2

500 kg of extruded catfish feed

245,000

3

Operational costs

55,000

 

Total Cost

335,000

Sincerely,

Ugochukwu Ukwuegbu

Divine Fish Farms and Gardens

info@divinefish.com.ng, +2348077776861

www.DivineFish.com.ng

6 Reasons Onions Should Be Part Of Your Everyday Meal

Onions are important vegetables used almost every day, especially, for cooking. It falls in the category of allium vegetables which include garlic, leek to mention a few. However, onions have so many health benefits and below are some.

May Help Reduce Cancer Risk

Onion contains properties such as sulphur compounds and flavonoid antioxidants found in allium vegetables which are capable of reducing cancer and other related ailments. These vegetables decrease tumour development and slow the spread of ovarian and lung cancer. Also, research shows that consuming fresh yellow onion helped lessen insulin resistance and hyper-glycemia in breast cancer patients undergoing a form of chemotherapy known to cause insulin resistance.

Sliced onions
Sliced onions

Aids Digestion

Onions also aid digestion, it contains a special type of soluble fibre called oligofructose, which promotes good bacteria growth in the intestines; this helps digestion and at the same time, prevents and treats all forms of diarrhoea. This fibre also reduces the chances of developing gastric ulcer.

Eases Respiration

The anti-inflammatory properties of onions can help soothe respiratory ailments. According to medical practitioners, patients with a respiratory disorder like asthma and allergic rhinitis should include onions in their diet.

Improves Eyesight

Onions have the capacity to stimulate the production of a protein named glutathione, which acts as an antioxidant. This reduces the risk of glaucoma, macular degeneration and cataract. Also, the selenium in onion helps to increase the Vitamin E found in the eye.

Banga (akwu) and other ingredients
Banga (akwu) and other ingredients

Fertility Booster

Onion can be used to manage erectile dysfunction and sexual impotence in men. Its extract can be mixed with honey to boost fertility.

By Modupeoluwa Adekanye,

Culled from the Guardian Nigeria website

Cost of feeding 1000 pieces of catfish fingerlings or juveniles to 1kg table-size fish in Nigeria

A good benchmark for budget planning to grow catfish is estimating the cost required to feed the fish till they reach market size. I recommend that every fish farmer does this at the beginning of a fish growing cycle.

When feeding of catfish is done optimally, 1000 kilogrammes (kg) of feed will convert to 1000 kilogrammes of catfish flesh.

Method

You can choose to grow 1000 kg of catfish by:

  1. Growing 3000 pieces of catfish juveniles to average mass of 330 grammes in 3 months; or
  2. 2000 pieces of juveniles to average mass of 500 grammes in 4 months; or
  3. 1000 pieces of juveniles to average mass of 1 kg in 6 months.

Whichever method you choose from above, it is recommended that you grow with floating feed to 50% of body mass and complete with sinking feed for the remaining 50% of body mass.

 

 Cost of feed (as of March, 2018) for raising 1 tonne of catfish.

  1. 500 kg of bagged floating feed will cost roughly N270, 000 (two hundred and seventy thousand naira); and
  2. 500 kg of bagged sinking feed will cost roughly N170, 000.

Going by the above you can estimate that it will cost you N440,000 to grow 1 tonne of catfish flesh.

Thank you.

Email: info@divinefish.com.ng.

 

Our catfish fingerlings are doing well

Our recent stock of catfish fingerlings is doing fine. You can buy them as fingerlings or juveniles.

You can pick them up at our farm for N30 per fish or have them delivered to you in Lagos or to a motor park near you in most States in Nigeria. The cost of delivery ranges from N5 – N15 per fish.

This 2018 we have successfully delivered catfish juveniles to customers in Abia, Kaduna and Nassarawa States.

Call Ugo on 0807 777 6861. Email: info@divinefish.com.ng.

Thank you.

 

Prices of catfish fingerlings and juveniles in Lagos Nigeria

We can deliver catfish fingerlings or juveniles of the hetero-clarias (hybrid) specie to you anywhere in Nigeria from Lagos State.

The prices of catfish fingerlings and juveniles as of November, 2017 are:

SN Quantity Fingerlings (4 weeks) Juveniles (8 weeks)
1 0 – 5,000 pieces N25.00 per fish N35.00 per fish
2 5,001 – 10,000 pieces N20.00 per fish N30.00 per fish
3 10,000 and above N15.00 per fish N25.00 per fish

Procedure to order your catfish fingerlings and juveniles

  1. The first step is to call 08077776861 to confirm the availability of fingerlings.

  2. If you want fingerlings (4 weeks old catfish) and they are available they can be packaged and shipped to you within three (3) working days after payment has been made for them.

  3. If you want juveniles (8 weeks old catfish) then you will first call to confirm for the availability of fingerlings. If fingerlings are available then you will book for them. This means you pay for them. On our part we will feed them and take good care of them till they grow to juvenile stage after 3 – 4 weeks.

You can monitor the progress of growth of your fish within this period. When the fish have reached juvenile stage we will package them for you and send them by night through a reliable transport company. You can then pick the fish up at the transporter’s motor park the following morning.

Thank you.

Call: Ugo on 08077776861; Email: info@divinefish.com.ng.

You can click here to send us an instant message from our contact page.

We will reply you

Our website is www.divinefish.com.ng

Yaba Deanery Agriculture Training Seminar and Empowerment Programme

In August, 2017 we attended the Yaba Deanery Agriculture Training, Seminar and Empowerment programme at the YCC Hall, St Dominic Catholic Church, Yaba, Lagos.

The event was anchored by Rev. Fr. Fortunatus Okeke, OP, the Executive Director, Dominican Centre for Human Resources Development, Ibadan, Oyo State, Nigeria.

The event was themed Agric Business: Opportunities and viability in Nigeria.

Here are some pictures from the event.

Start an agriculcure business today and beat recession.

Smart Farms Seminar – Family Edition

On Saturday, 29th July, 2017 we (divinefish.com.ng) attended the Smart Farms Seminar – Family Edition organised by PS Nutrac in Ikoyi, Lagos.

The event discussed how farming can be done at home using everyday materials and innovative techniques to grow green healthy foods and vegetables.

Through smart farming agricultural productivity can be increased while agricultural wastage can be drastically reduced. The need for every hand to contribute to food sufficiency in Nigeria cannot be overemphasised.

Techniques of growing food discussed at the seminar include:

  • Soil-based farming;

  • Soil-less culture;

  • Hydroponics;

  • Aquaculture;

  • Aquaponics;

  • Design of hydroponics and aquaponics units;

  • Fish in aquaponics;

  • Hydroponics and aquaponics plants;

  • Plant propagation; and

  • Plant growth requirement.

It was a day of learning that attracted over 50 farmers and farming enthusiasts from Lagos and surrounding states. Our take-away from the event was how to use the waste water from our fish ponds, which is rich in ammonia (a source of nitrogen), to fertilize our vegetable garden. Hopefully this will help improve our water management and increase our vegetable yield.

The smart farm seminar was organised by PS Nutrac, a company committed to improved production of healthy foods using innovative techniques.

How to process, smoke and dry catfish using firewood and charcoal fuelled oven

Processing catfish using firewood and charcoal fuelled oven gives the fish a unique taste that is reminicent of traditional home cooking. The process is meticulous and it results in smoked and dried catfish that attracts premium price from discerning consumers.

What you need:

  1. 50 kilogrammes (kg) of live catfish

  2. 500 grammes (g) of table salt

  3. Two sacks

  4. Two large plastic basins/bowls and trays

  5. A brick oven (powered by firewood and charcoal)

  6. Two bundles of firewood

  7. One sack of charcoal

  8. Water

  9. Knife or razor blades

  10. Soap

Day 1  

  1. Killing;

  2. Washing;

  3. Degutting;

  4. Smoking;

 

Day 2 – Drying

Day 3 – Drying

Day 4 – Drying

You can enroll for a practical hands on training course with us at our farm. Alternatively, you can purchase an e-copy of our detailed instruction manual with photos to guide you on catfish processing. Contact us if you are interested in learning how to add value to fresh catfish by processing it.

Call: 08077776861; Email: info@divinefish.com.ng or ping BlackBerry PIN: D8BBC623.

You can click here to send us an instant message from our contact page.

We will reply you

Food will always sell because people will always eat.

Ugochukwu Ukwuegbu
For Divine Fish Farm

Fresh catfish on a scale
Fresh catfish on a scale

A pack of processed catfish being prepared for customer delivery
A pack of processed catfish being prepared for customer delivery

First YouWiN Made in Nigeria Trade Exhibition

Divine Fish Farm exhibited at the Youth Enterprise with Innovation in Nigeria (YouWiN!) ‘Made in Nigeria’ Trade Exhibition which held on Wednesday – Thursday, December 7 – 8, at the Euphoria Event Place, 1B, Archdeacon Ogunbiyi Close, Ikeja, Lagos, Nigeria.

The exhibition was organised by the YouWiN! programme to support the growth of beneficiary businesses and connect them to local and international markets with the added aim of expanding their reach as well as taking their businesses to the next level.

During the two-day exhibition products and services were showcased from priority sectors across the six geo-political zones of Nigeria. Products from agriculture, household items, furniture and fixtures, electrical equipment, fashion, jewellery, gifts, accessories, apparel, textiles, chemicals, industrial goods, building materials and equipment were exhibited.

Many people from across Nigeria visited the trade exhibition. Officials from government departments and agencies like the Federal Ministry of Finance (FMF), National Agency for Food and Drugs Administration and Control (NAFDAC), Standards Organisation of Nigeria (SON), Corporate Affairs Commission (CAC) and Nigeria Export Promotion Council (NEPC) were part of discussion panel sessions at the event. Other discussion panel sessions at the exhibition were composed of entrepreneurs, industry and professional associations, industry captains, local and international investors and the general public.

The objectives of the exhibition were:

  1. Foster networking among YouWiN! beneficiaries and other entrepreneurs;

  2. Promote the creation and growth of indigenous industries and enterprises;

  3. Network local enterprises with business opportunities at the international level;

  4. Present a platform for business and industry innovators to showcase and possibly collaborate;

  5. Allow venture capital entrepreneurs and businesses to explore investment opportunities;

  6. Promote the use and export of ‘Made in Nigeria’ products.

The YouWiN! ‘Made in Nigeria’ Trade Exhibition was organised with support from The World Bank, Growth and Employment (GEM) Project, YouWiN! Partner Banks, Development Partners (DFID and affiliates), Small Medium Enterprises Development Agency of Nigeria (SMEDAN) and Corporate organisations.

The Youth Enterprise with Innovation in Nigeria (YouWiN!) is a collaboration between the Federal Ministry of Finance (FMF), the Federal Ministry for Information and Communication Technology (ICT), Federal Ministry of Women Affairs, Federal Ministry of Youth Development, the World Bank and the organised private sector. The objective of YouWiN! is to create jobs by encouraging and supporting entrepreneurship through innovation. The programme provides financing, capacity building and mentoring to young entrepreneurs in Nigeria.

 

Credit: 1st YouWiN ‘Made in Nigeria’ Exhibition event programme.

Ugochukwu Ukwuegbu
For Divine Fish Farm

Event Pictures:

Discussion panel by captains of industry
Discussion panel by captains of industry

Discussion panel by representavies of government departments and agencies
Discussion panel by representavies of government departments and agencies

Discussion panel by representatives from government department and agencies
Discussion panel by representatives from government department and agencies

Affordable Royal Custard Powder on exhibit
Affordable Royal Custard Powder on exhibit

Cross-view of the exhibition hall
Cross-view of the exhibition hall

Beautiful craftwork on exhibit by Mitimeth
Beautiful craftwork on exhibit by Mitimeth

Click here to see more pictures at our website page.

We can deliver tasty dried catfish to your doorstep in Lagos Nigeria

We can deliver 1 kilogramme of smoked and dried catfish to your doorstep anywhere in Lagos, Nigeria for =N=5,000 (five thousand naira).

1 kg pack of our processed catfish contains 12 – 15 pieces of catfish. Our catfish is properly dried that if you store it in a dry covered container it will remain in good condition even after 6 weeks.

You can cook tasty meals of soups, stews, jollof rice and yam porridge with our catfish. You’ll love it!

Order your catfish today. Orders above 2 kg come with discount.

Call Ugo on 0807 777 6861. BBM PIN: 2A742F4B. Email: info@divinefish.com.ng.

Thank you.

Catfish being smoked in Oven
Catfish being smoked in Oven

Catfish being smoked in Oven
Catfish being smoked in Oven

Neatly packaged processed catfish being weightd at Divine Fish Farm
Neatly packaged processed catfish being weightd at Divine Fish Farm