How to start fish farming in Nigeria

Let’s talk about how to start fish farming in Nigeria. How does one take those few first steps to creating a fish farm? What are the advantages and disadvantages of running such a farm in Nigeria?

When it comes to fish farming, Nigeria has always enjoyed this popular (and lucrative) area of agriculture business. However, it is not quite as easy to jump into it as you might expect. That said, with the help of our fish farming business plan, you should be able to have some idea about how you can get your farm up and running. So follow our guide and learn more about this.

How to start fish farming business in Nigeria 

Once you have decided that you definitely want to get into the fish farming in Nigeria, you need to have a clear idea of what you are doing. Check these tips, and you should be able to create your fish farm from scratch in no time!

  • Get training. Even though some guides on the topic recommend getting training after you have created your fish farm, we think it is important to start with the training and see how it goes from there. Take your time to learn about fish farming, intern at one of your local farms to get some hands-on experience, be prepared for what is coming if you open your own farm.
  • Decide on the type of fish. Not all fish have the same requirements for growing them, which is why it is important to know more about the species you plan to settle on. These days, some of the most popular fish varieties in Nigeria are tilapia and catfish, but you can always choose something different.
  • Secure land. If you have some extra half a plot of land somewhere, it should be enough for you to start an average-sized farm. If you do not, you should get as much. As the ground itself does not matter for your purposes, you should look for some cheap plots, as it will significantly decrease your expenses.
  • Install ponds. You can buy some fishponds or have them constructed. Ready-made ponds are usually made out of plastic or tarpaulin, and they are easy to install, move or transport. On the other hand, stationary ponds are much sturdier, as they are made out of concrete, but you are going to need someone with knowledge and experience to install them. The plumbing should be done well to ensure that things run smoothly.
  • Dig a borehole and install an overhead tank. Obviously, you are going to need a lot of water for your fish farm, which is why you should have constant access to it. The best way is to bore a hole in the ground and get water from the earth. In order to get this water into the ponds, you are going to need an overhead tank that will supply it to the ponds via the plumbing system.
  • Procure other fish farming equipment. Apart from the water supply and fishponds, you also need to think about other equipment and necessities. Purchase fish feed, nets, grading and handling equipment, as well as aeration devices and other things that might be necessary for growing the fish you chose to work with.
  • Get juvenile fish. Find a farm that specializes in juvenile fish and get the fish you plan to grow at your farm. Before you get it, make sure that your farm meets the requirements of said fish, so that you do not end up with a bunch of dead juvenile fish after just a few days. If all is in order, procure the fish.

Once you have done all that, you are ready to run your fish farm! Now all you have to do is tend to your fish (see if the water circulation and aeration are working, feed the fish regularly, clean the ponds from time to time) and wait for it to grow. If you plan to sell it once it reaches maturity, you can think of some marketing strategies and find the buyers while you wait.

Advantages and disadvantages of fish farming business 

Now that we have talked about how one can start their own fish farm, we should talk about the pros and cons of fish farming. Let’s start with the pros:

  • Fish is a popular product. Nigerians love fish, so there is always going to be a demand for it (unless the whole country suddenly becomes vegan). Fish also usually sells quick, as it is often significantly cheaper than meat, so more people can easily afford it.
  • Fish grows fast. While fish can grow very quickly on its own, there are numerous ways that can make the process even faster, thus shortening the amount of time you need to spend waiting for your fish to mature.
  • Fish farming is a profitable venture. Even though it might cost you a pretty penny to set up a fish farm, you should be able to make profit within half a year. This is will happen of course if you have planned everything properly and done your homework when it comes to marketing.
  • It is relatively easy to set up. As fish farms pose no threat to the environment, you can set one up in your backyard without seeking permission from authorities. This makes fish farming very convenient for people who cannot invest too much into buying the land or dealing with regulations.

With all that said, there are a few cons to fish farming:

  • Fish is sensitive. Obviously, we do not mean emotionally, but fish is quite sensitive to the outside factors. This means that if there are issues with your setup, your fish might not grow up the way it should, or it might contract some diseases that would be detrimental to your business.
  • The business is capital intensive. While you should be able to turn profits within half a year of setting up the farm, it will still take you quite a lot of money to get it up and running. So unless you have a few million naira lying around that you can part with for several months, you should probably consider some other business.
  • Fish can be expensive. When it comes to selling the fish, you might notice that caught fish is significantly cheaper than farm-raised fish. So when people are facing the dilemma of which fish to buy, most go for the cheaper option, even though the more expensive product might be of much better quality. This is why you should consider your competition before going out to sell your product.

If these cons have not discouraged you from starting your fish farm, then go ahead and use our business plan to make your dreams come true. Good luck!

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1 Reply to “How to start fish farming in Nigeria”

  1. Emma Love says:

    Hey, how’s it going?

    I want to pass along some very important news that everyone needs to hear!

    In December of 2017, Donald Trump made history by recognizing Jerusalem as the capital of Israel. Why is this big news? Because by this the Jewish people of Israel are now able to press forward in bringing about the Third Temple prophesied in the Bible.

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    “Then a third angel followed them, saying with a loud voice, “If anyone worships the beast and his image, and receives his mark on his forehead or on his hand, he himself shall also drink of the wine of the wrath of God, which is poured out full strength into the cup of His indignation. He shall be tormented with fire and brimstone in the presence of the holy angels and in the presence of the Lamb. And the smoke of their torment ascends forever and ever; and they have no rest day or night, who worship the beast and his image, and whoever receives the mark of his name” (Revelation 14:9-11).

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    We all know God exists. Why? Because without Him, we couldn’t prove anything at all. Do we live our lives as if we cannot know anything? No. So why is God necessary? In order to know anything for certain, you would have to know everything, or have revelation from somebody who does. Who is capable of knowing everything? God. So to know anything, you would have to be God, or know God.

    A worldview without God cannot account for the uniformity and intelligibility of nature. And why is it that we can even reason that God is the best explanation for this if there is no God? We are given reason to know or reject God, but never to know that He does not exist.

    It has been calculated by Roger Penrose that the odds of the initial conditions for the big bang to produce the universe that we see to be a number so big, that we could put a zero on every particle in the universe, and even that would not be enough to use every zero. What are the odds that God created the universe? Odds are no such thing. Who of you would gamble your life on one coin flip?

    Is there evidence that the Bible is the truth? Yes. Did you know that the creation accounts listed in the book of Genesis are not only all correct, but are also in the correct chronological order? That the Bible doesn’t say the Earth was formed in six 24-hour days but rather six long but finite periods of time? That the Bible makes 10 times more creation claims than all major “holy” books combined with no contradictions, while these other books have errors in them? The Bible stood alone by concurring with the big bang saying, “In the beginning God created the heaven and the earth” (Genesis 1:1); and says our universe is expanding, thousands of years before scientists discovered these things. Watch a potential life-changing video on the front page of http://WWW.BIBLEFREEDOM.COM with Astronomer(PhD) Hugh Ross explaining all these facts based on published scientific data. He has authored many books, backed even by atheist scientists.

    Jesus fulfilled more than 300 Messianic prophecies concerning His birth place, details of His life, His mission, His nature, His death, and His resurrection. He came to pay a debt that we could not, to be our legal justifier to reconcile us back to a Holy God; only if we are willing to receive Him: “For the wages of sin is death, but the gift of God is eternal life in Christ Jesus our Lord” (Romans 6:23).

    God so loved the world that He gave us His only begotten son, so that whoever believes in Him, through faith, shall not perish, but have everlasting life. Jesus says if we wish to enter into life to keep the commands! The two greatest commands are to love God with all your heart, soul, strength, and mind; and your neighbor as yourself. All the law hang on these commands. We must be born of and lead by the Holy Spirit, to be called children of God, to inherit the kingdom. If we are willing to humble ourselves in prayer to Jesus, to confess and forsake our sins, He is willing to give the Holy Spirit to those who keep asking of Him; giving us a new heart, leading us into all truth!

    Jesus came to free us from the bondage of sin. The everlasting fire was prepared for the devil and his angels due to disobedience to God’s law. If we do the same, what makes us any different than the devil? Jesus says unless we repent, we shall perish. We must walk in the Spirit, producing fruits of love and forgiveness, so we may not fulfill the lusts of the flesh being hatred, fornication, drunkenness and the like. Whoever practices such things will not inherit the kingdom (Galatians 5:16-26). If we sin, we may come before Jesus to ask for forgiveness (1 John 2:1-2). Evil thoughts are not sins, but rather temptations. It is not until these thoughts conceive and give birth by our hearts desire that they become sin (James 1:12-15). When we sin, we become in the likeness of the devil’s image, for he who sins is of the devil (1 John 3:8); but if we obey Jesus, in the image of God. For without holiness, we shall not see the Lord (Hebrews 12:14).

    The oldest religion in the world is holiness (James 1:27). What religion did Adam and Eve follow before the fall? Jesus, Who became the last Adam, what religion does He follow? Is He not holy? He never told us to follow any religion or denomination but to deny ourselves, take up our cross daily, and follow Him (Luke 9:23). There are many false doctrines being taught leading people astray. This is why we need the Holy Spirit for discernment. Unlike religion, holiness cannot be created. It is given to us from above by the baptism of the Spirit. Jesus is more than a religion; He is about having a personal relationship with the Father. Start by reading the Gospel of Matthew, to hear the words of God, to know His character and commandments. Follow and obey Jesus, for He is the way, the truth, and the life!

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