Free Consultation with Fish farming business plan in Nigeria

Free Consultation with Fish farming business plan in Nigeria

Free Consultation with Fish farming business plan in Nigeria is here to put you on the right track. As a matter of facts, we are open to help you develop and grow your business. Contact us to via our phone Numbers or email. We write Good business plans and feasibility Study for your business startup. This business plans and feasibility study Report can be presented to your investors, Grant or loan proposal. You can develop yours, through the table of Content below. Nevertheless, We are giving you a tip of an iceberg on Fish Farming.

Free Consultation with Fish farming business plan in Nigeria


As a matter of facts, Fish farming in Nigeria, is one of the most important part of economic development in Nigeria. Thousands of people are involved in this industry. Because of agriculture development, there are more workplaces and the country follows the path of progress. Aquafarming considers as a part of agriculture, fish farming is the most common type of aquafarming, and it is quite popular in Nigeria. Fish farming recommended itself as a profitable business. There is a great demand for fishery products like Catfish, Tilapia, Mackerel (Salmon). One more good condition for this business is support by the government that makes this business one of the most successful business areas.

Benefits of fish farming


  • Growing market 
African fish market is huge and according to the researches, it is constantly growing because there is a demand. Fishery products are cheaper than meat, and this is a great advantage, it makes the product more popular among the larger part of the population.

  • Low cost of operation 
When we are talking about the farming business it seems like it requires a lot of money. In the case of fish farming, you don’t need a huge sum of money to start and maintain the business. For example, poultry products business requires much more money to start, and there are more threatening vices than in the case of fish business.

  • Support from government 
There is a large campaign in Nigeria to motivate people to make more investments in agriculture, so at this time fish farming among the most lucrative business to venture into.



Source of protein

Fishery products are also very rich in health benefits.


Types of fish farming


  • Catfish Farming: 
Farming Catfish is the most popular type of aquaculture business in Nigeria. Catfish is known as an ingredient of many Nigerian dishes. The level of demand and ease of cultivation put this fish breed at the top of the market.



  • Tilapia Farming: 
This type of fish inhabits shallow streams, rivers, ponds, and lakes. Tilapia fish in second place, such fish grow rapidly even in poor quality water.

  • Salmon (Mackerel) Farming: 
This is a freshwater fish that is known for migration in the ocean. This type of fish can be successfully grown in fish farms. There is such known meal as “Titus” this is Salmon fish product that is purchased by millions of Nigerians on a daily basis.

Main points of farming business

  • The issue of location 
  • The main factors in the choosing of the location are: 
  • Security in the vicinity 
  • Proximity to the nearest town 
  • The presence or absence of fish prey 


  • Land Mass 
It is possible to start with a plot of land, there is a case when people start even in the backyard. Choose the territory in a not-so-rural area, this is a way to buy land at a lower price.


  • Pond Planning 
It is better to appeal for services of an aquaculture consultant. The professionals can determine what kind of pond you need, examine your goals, and provide all the needed conditions of the fish pond.

  • Source Of Water Supply 
One of the main factors of the proper development. You need proper borehole system near the source of quality water supply. Remember that chemically treated and rainwater can’t be used. You need to provide a steady flow of fresh water for the development of your business.


  • Storage System 
The system of storage should be designed right from the onset of your business. All the feeds need a dry and cool place, protected from any pest.

Good knowledge of running a fish farm. Actually, this is the most important point, because, without knowledge, nothing will work properly. This type of business requires specific knowledge about aquaculture and fish farming. You can attend lectures or seminars, communicate with farmers and read information on the internet.

Fish farming business plan step by step


Step 1

Setup a 10ft X 10ft earth fish pond with a depth of about 4ft to 6ft, for this purpose you need around $500 to $750 (100,000 to 150,000 Naira). Such a pond can hold about 1,000 grown fishes. It is also possible to use concrete pond, drum pond or plastic tank.



Step 2

Important point is to disinfect your pond with anti-bacterial and anti-fungi.


Step 3

Choose and purchase juveniles and fingerlings for your fish pond. The price of good fingerlings is around 20 Naira each, juveniles cost around 40 Naira each.



Step 4

Remember that it is necessary to feed the fishes once or twice a day. Proper feeding intervals can contribute to the fishes gaining weigh quickly. The type of food depends on the type of fish. It is necessary to study all the details of feeding very well because this item is one of the most significant in this business.

Step 5

Sort the fish to create better conditions for life and gloving. Sort the fish according to the size to ensure equal compete for food and space.



Step 6

Be ready to change the water regularly, this will reduce the level of diseases rate and improve the longevity of fish. Change the water every 2 or 3 days.



Step 7

Always study the market, understand the needs of buyers. Contact potential buyers and find out their requests and desires. Discuss the details of your fishery products about 2 months before the deal.



The challenges of fish farming

Poor Farm Site

Bad fish farm location can affect the full potential of farm growing.

Poor pond design

Bad quality of pond can lead to the leakages or other factors that are very pernicious for the business.

Poor Market research

Without knowledge and feasibility study of the market, all the efforts might end up to be in vain.


Lack of experience

This is a very widespread reason for failure in this business, so communicate more with experienced farmers.

High level of competition

The big market dictates its rules, it is important to be able to handle competition in this business.



This business is difficult to call easy, but it is worthy of all the necessary efforts. We can see many examples of successful farmers who are happy to help beginners, so it's worth a try.




Do you know you can actually save yourself off this stress?


Engage CHRIS FARM NIGERIA to give you a professional business plans and a feasibility that will suit your demand today.



Chris Farm Nigeria develops well self-explanatory, irresistible feasibility studies or business plan for your Business start ups, Business Growth or Expansions through either personal funds, Grants, or loans, which could be new or existing ones. We delight in writing for people under Academic sectors, production sectors, manufacturing sectors, processing or packing sectors, advertising sectors, marketing sectors and other related sectors on mini, middle and large scale businesses.
For your Agribusiness, either production, processing, marketing of any Agro-industry, our feasibility studies or business plan are explicit. 


Generally, our feasibility study and business plans are developed so well that it becomes irresistible when you show them to your investors or sponsors. It gives you a clear picture of what you are expected to see when you put the feasibility study or business plans into use. It also shows how much it will cost you to own your desired business, what your money can afford. The kinds of product you will need to minimize input in other to maximize output, and how much returns you will get at the end of each accounting year until your business break-even on its initial investment capital. This will give the intending business person or investor or farmer, a vivid idea on the possible benefit he or she stands to gain, when he or she starts doing the business. With that, the intending business person or investor or farmer will not need a soothsayer to make decision for him or her.


You can use this format in developing your own business Plans and feasibility Study

OUR TABLE OF CONTENT INCLUDE;

  • SECTION I – EXECUTIVE SUMMARY
  • NAME OF BUSINESS / COMPANY
  • OFFICE & SITE LOCATION
  • MOTIVATION
  • MISSION STATEMENT
  • SOCIAL/ECONOMIC VALUE
  • PROJECT STATUS & START UP
  • WHY PREPARE THIS BUSINESS PLAN?
  • SECURITIES FOR THE PROPOSED LOAN
  • REPAYMENT
  • SECTION II – STUDY AREA
  • STUDY AREA
  • COMPANY OVERVIEW
  • MANAGEMENT TEAM
  • DEPARTMENTS IN THE COMPANY
  • EXPERIENCE
  • MANAGEMENT TEAM GAPS
  • SECTION III – INDUSTRY ANALYSIS
  • DEFINING YOUR INDUSTRY
  • YOUR INDUSTRY SIZE GROWTH RATE AND SALES PROJECTIONS
  • INDUSTRY STRUCTURE
  • MARKET OVERVIEW
  • MARKET SEGMENTATION
  • RELEVANT MARKET SIZE
  • KEY SUCCESS FACTORS
  • LONG TERM PROSPECTIVE
  • MARKET CHARACTERISTICS
  • SAMPLING TECHNIQUE
  • SECTION IV – CUSTOMER ANALYSIS
  • TARGET CUSTOMERS
  • CUSTOMER NEEDS
  • MARKET NEEDS / SOCIAL PROBLEMS AND SOLUTIONS
  • BUYERS BEHAVIOUR
  • MARKET SHARE
  • SALES FORECASTING
  • SECTION V – COMPETITIVE ANALYSIS
  • DIRECT COMPETITORS
  • COMPETITIVE ADVANTAGES
  • SECTION VI – MARKETING PLAN
  • PRODUCTS & SERVICES
  • FINISHED PRODUCTS
  • PRODUCT QUALITY AND PRODUCTION QUANTITY
  • PRODUCTION CAPACITY
  • PRICING
  • PROMOTIONS PLAN
  • DISTRIBUTION PLAN
  • SECTION VII – OPERATIONS PLAN
  • GENERAL APPROACH TO PRODUCTION
  • TECHNICAL ANALYSIS / PRODUCTION PROCESS
  • EQUIPMENT
  • PACKAGING REQUIREMENTS
  • SECTION VIII – FINANCIAL PLAN
  • REVENUE MODEL
  • FINANCIAL ANALYSIS
  • FINANCIAL ASSUMPTIONS
  • FINANCE CHARGES
  • FINANCIAL PROJECTIONS
  • FUNDING REQUIREMENTS/USE OF FUNDS
  • CRITICAL ASSUMPTIONS



  • FINANCIAL MODELS
  • SUMMARY OF PROJECT COST
  • BUDGET OF FIXED ASSETS / CAPITAL EXPENSES / INVESTMENTS
  • DEPRECIATION
  • UTILITIES
  • OPERATING EXPENSES (OPEX)
  • TOTAL REQUIRED INVESTMENT OUTLAY (REQUIRED START-UP CAPITAL)
  • FINANCING PLAN
  • INSTALLED / AVAILABLE EQUIPMENT
  • BREAK-EVEN ANALYSIS
  • LOAN REPAYMENT SCHEDULE AND INTEREST PAID
  • FORECAST OF PROFIT AND LOSS
  • CASH FLOW
  • BALANCE SHEET
  • GENERAL ASSUMPTIONS (BREAK EVEN ANALYSIS)
  • BUSINESS RATIOS - PROFITABILITY ANALYSIS
  • CONCLUSION
  • SECTION 3 – APPENDIX

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TIPS ON BROILERS PRODUCTION AND ACTUAL VACCINATION –PROGRAMME AND TREATMENT

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CASSAVA PROCESSING MACHINE

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How to handle and manage Snail farming

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MANAGEMENT OF RABBITS, BEST SELLER



·         NOTE; According to our policy, we are not “allowed / permitted” to disclose peoples business or written feasibility study, “to anyone”, irrespective of their personality.

·        BUT, WE are permitted to display only executive summary.
·         This is just a sample of our executive summary on poultry feasibility study and business plan, carried out in Rivers State. 

·         1st sample;



These Feasibility study on poultry farming business (specializing on layers and boilers production), was conducted using projections, impressive publications, compounding interest/values, tables, graph, bar chart, pie chart, profits analysis and cash flow positions in other to give a clear picture of what is obtainable in that location, using eight plots of land, at Esemdiary village, Off Effurun Sapele Road, Okpe LGA of Delta state, Nigeria as a case study. 



Esemdiary village is a community in Okpe Local Government Area of Delta State with coordinates 05°26’N 5°57’E, which also plays the host community to the Warri Airport, which is actually located at Osubi. 



Okpe Local Government is a territory that used to be part of the original Okpe Kingdom, its headquarters is at Orerokpe, with a population of 128,398 people whose primary occupations include commercial farming, fishing, hunting, trading and gas exploration. 



After carrying out the feasibility study on Esemdiary village, Off Effurun-Sapele Road, Okpe LGA of Delta state, Nigeria, it was discovered that, farming generally will do well both on crop and animal production.

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