The market prospects of dry catfish business cuts across the whole country. The foremost consumers are the restaurants, households, beer parlours, hotels, and individuals. Nigeria with a population of over 200 million people is estimated to consume about 1.5 million metric tonnes of fish per annum. Hence, there are huge opportunities for prospective fish farmers to tap into the production of table size catfish for people.A kilogram of catfish goes for between N400 to N600.
Assuming that in a whole the month, all you were able to dry and sell to your customers was just 1,500 packs and each sold at a moderate price of N1,000, now multiply that by 1,500 while you remove your cost prize per each one, which may not be up to N600. Add up what you get and then compare it with what average office workers are earning per month to have an idea of the profit one could make.
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