Wednesday, July 8, 2020
Home Agriculture Fish Farming Business Plan in Nigeria

Fish Farming Business Plan in Nigeria

fish farming

One of the lucrative business ideas that drives in huge profit these days for entrepreneurs is agriculture. Whether it’s poultry farming, Rabbit or the likes, fish farm to be precise, is a way to good to go!

Are you planning to start a fish farming business and need how to go with it? Do you have the capital needed to kick start a fish farming business and want to be enlightened on how the business is planned? If so, keep reading this content as it contains all you need to know about the fish farming business plan.

Read Also: Good Business Ideas for Entrepreneurs

  1. Fish farming Orientation

To begin with, the first thing required of you to do before planning a fish farm business is to go extra miles in learning more about the business. You can’t just pick up a pen and paper and start writing down what you know little or nothing about.

To get yourself off the mess, it’s so important for you to meet a veteran fish farmer or a professional in the field to explore you through the journey of mapping out a successful fish farming business plan.

Having acquired a sound knowledge of the business, you should be able to know where to start, and what next in your course of drawing out the fish farming business structure.

  1. Fish Farm Location

In the course of planning out the structure of your fish farm business, you need to first put the location of the farm into consideration. Consider a secure environment near to the river, where there’s no any kind of fish prey and host of other things should be looked into before setting up a fish farm.

  1. Land Mass:

It’s very paramount for you to consider the capacity of the land intended to grow your fish farming business. Often, two plots of land or so isn’t bad to begin with but in case there’s no enough land space, your backyard can also serve the purpose, and you can grow from there.

In the course of planning your first farming business, you should strategically map out the mode you are going to use to acquire the farm land this is so because not all land mass can give you your desired results in the fish farming business.

Plus, an affordable land property in an environment not-so rural, yet near to a major city will be fine for you, this way, the lands will be sold at a cheaper rate compare to the city.

How to Start Catfish Farming Business In Nigeria

  1. Pond Design and Construction

As a fish farming business planner, you will have to sketch the type and size of the fish pond you need to construct. You are to decide based on your capital and availability of natural water, whether to construct a levee-type pond or watershed pond, whatever you desired, it has to be carefully planned.

However, it’s advisable you consult an aquaculture to explain vividly to you the types of pond.

  1. Water Supply:

Also, you will need to plan diligently what or where will be the source of the fish pond water supply. This aspect of the fish farming business plan is so crucial as a result of the fact that pond water is required to be changed from time to time and failure to do so literally means you are endangering the lives of the fishes, as such may lead to a huge loss in the fish farming business investments.

Read Also: How to start an Export business in Nigeria

Be informed that rain water or  treated water cannot be used for fish farming because they’re unfit for the fishes hence, shouldn’t be recommended for a standard fish farm use.

Do plan for a steady fresh water flow, so that your fish pond can thrive well!

Ikoi Abode Ikenna
Ikoi Abode Ikenna is a Pharmacist living in Lagos, Nigeria. A fan of entrepreneurship, technology, and web development and seasoned blogger, currently the owner and editor of Abode Business ( and West Entrepreneur Forum ( you can follow him on Instagram @pharmabode


Please enter your comment!
Please enter your name here

Most Popular

How To Start An Ostrich Farming In Nigeria

One of the most lucrative and profitable areas of the Agricultural sector is livestock farming. And of course, Ostrich farming is one of the...

6 Reasons Why House Renovation Will Increase It Market Worth

Are you considering selling your real estate housing investment, but don't know how its market worth can be increased? Do you plan to sell...

Lucrative Opportunity In Exercise Book Manufacturing

Since existence, right from start, the need for an exercise Book and other writing paper has itched, the putting down of thought, feeling and...

Small Business Ideas and Opportunities For Teachers

We pray for our teachers for giving us sound education may God reward them.  Are you a teacher and seriously in need of business...

Recent Comments