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Business Opportunities in Fish Farming

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Fish farming accounts for over 50% of the world market for fish products. Thousands of Africans venture into it yearly. Fish farming is one of the numerous ways to create self-employment in Nigeria but of course, it is one of the neglected aspects of agriculture in Nigeria.

Thousands of Africans venture into fish farming every year as it is one of the numerous ways to create self-employment in Nigeria but of course, it is also one of the neglected aspects of agriculture in Nigeria.

It’s a fact that there is lots of potential money generating avenues in the agricultural sector that are yet abandoned and neglected by Nigerians. This not only grows the country but also contributes to the efforts of eradicating unemployment and promoting economic growth.

Fish farming is a profitable business that is widespread across Nigeria and many other countries in the world.

  • Fishery products are one of the most sought after and consumed, in Nigeria, it is cheaper than meat, which makes it an affordable meal.
  • The cost of starting up and running a fish farm is low, compared to many other agricultural business ideas. The digging of the fish pond and all other necessary steps can by carried out by you and your friends, no need to pay for manual labor.
  • It has lower operational budget because of it cheaper feed and it running’s coin. The construction of a fish pond requires an area of land in your back yard, say, (7m by 10m rectangular area).
  • In addition to this, it provides a source of income and employment. Also, fish farming helps to save certain fish species such as cod, sea bass, and red snapper, by reviving their populations with aquaculture.

Other Fish Farming Requirements

  1. Water supply (you can fetch from a nearby stream).
  2. Pond plant (Pond plant helps in regulating the temperature of the pond and it makes the pond look similar to their natural habitat), if you don’t know how to identify this pond plant, you can pick from a nearby fish pond.
  3. Cement (for the construction of the pond)

However, while other agricultural businesses run into losses when not handled properly, fish farming products have lesser threatening vices.

Making a Fish Pond

You dip up a 7 by 10m hole on the designated area, about 2 to 5 ft. deep and cover up with a mixture of cement, sand, and gravel (this is done to prevent water from leaking away to the surrounding soil.

Then fill up with water (it is very necessary to fill up and drain the pond for about two to four times to remove chemicals accompanying the cement). Introduce the pond plants; allow the pond for a period of a week or more before introducing the fingerlings.

NB: The surface and the surrounding of the pond can be decorated to your taste.

Asides from the financial benefits of fish farming, fishery products are a source of protein which contributes to our physical well-being.

There are various types of fish farming depending on the one you want to venture into;

Catfish Farming

This is most popular fish farming business in Nigeria, because of the popularity of the breed. Also, catfishes are the most common fishery products used in African meals at various households, restaurants, events, hotels and lot more. Their demand and ease of cultivation make most fish farmers  focus on growing catfishes instead of other breeds.

Tilapia Farming

These are the second most popular fishes used in Nigeria meals. They are of increasing importance in fish farming all over the world because of the fact that these fishes grow rapidly and tolerate high stocking densities and poor water quality, and these make them a lucrative breed for fish farmers to grow.

Salmon (Mackerel Farming)

Salmons account for high percentage of fishery products consumed in Nigeria. They are mostly known as “Titus” in Nigeria and are purchased by millions of households on a daily basis.

They are also grown in fish farms.



4 thoughts on “Business Opportunities in Fish Farming

  1. Edore oseh says:

    When digging a fish pond,the 2 to 5 feed deep is up to how many coach of concrete blocks

    1. Charles Nwishienyi says:

      Dear Edore Oseh,

      Good morning and thanks for your inquiry.
      Such information might be available from a mason-for the recommended block sizes and quantity needed.
      However, we do have the portable fish pond available
      The link above will redirect you on how to place your order.
      We also have the fishes available (table fish and ornamental fish).
      ​You can contact us via any of the channels below:

      Email: [email protected]
      Call: (+234) 809 409 1115
      WhatsApp: (234) 808 280 8271

      Please click on the link below to be redirected to our WhatsApp page-to chat with our customer care agents.


  2. ADEMOLA says:

    well done for your enlightenment and also improving and strengthening the general public. am into Fish farming (Catfish) and l rear BIG FISH in sizes range from 2kg to 4kg but l have issue when it come to marketing in fact l end up in smoking it sometimes. so please can you help me on this ?. Also, can Salmon (Mackerel Farming) be rear in Nigeria if yes how can l get it ?

    Salmon (Mackerel Farming)

    1. Hello Adedadamola,
      We appreciate your comments and inquiries.
      Kindly note that you can register as a vendor with Afrimash to market your catfish.
      Also, you may read the blog post on How to Market Your Farm Produce in Nigeria for further information.
      And about fish farming in Nigeria, you may place an order for this ebook for relevant information.
      Thank you for choosing Afrimash, we look forward to doing business with you
      Afrimash @ 4
      Kindly CLICK HERE to check out our new arrivals this week and enjoy great coupons on your checkout page
      Also follow us on our social media platform with @afrimash to enjoy our anniversary package between 25th – 29th of February, 2020
      Warm regards

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