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Starting and Managing a Profitable Catfish Farming Business in Nigeria

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Catfish Farming Business

By Sodeinde Temidayo David

I’m sure you know that catfish farming in Nigeria has become one of the most commonly practised fish farming businesses, with a lot of back benefits. The high demand and consumption of fish have made the business very profitable if well-managed.

Catfish farming has become one of the fastest-growing areas of animal food production. Gone were the days when the only means of getting fish was by catching it in the local rivers, ponds or from fishermen. About half of the fish consumed in Nigeria are now raised in artificial environments.

If you are looking forward and aspiring to start a catfish farming business of your own, you have come to the right post. This article will provide you with not just starting the business, but also give you a guide to managing the business to maximise profit and answer the questions you have in mind.

Information in this publication was gathered from Business Post researchers, personal experiences and resources from fish farmers and experts in the field and I have endeavoured to make this writing very detailed. You might just want to keep away everything that might distract you for now.

What You Need To Know Before Venturing into the Business

Before you venture into catfish farming, take note that this business is broad, and like every other business, one needs to take risks. Catfish farming comes in different specialisations which are subdivided as businesses on their own. These include feed production, hatching, growing production to targeted sizes, marketing and distribution. This also comes with the responsibility to test water PH, feed the fishes, sorting and grading of the fishes into different sizes, and also include other jobs and monitoring to bolster the growth of production.

This might seem like something difficult to comprehend, especially when you are not familiar with fish farming. It’s just that knowing and applying the right cultural practices in fish farming is very essential for success.

There is more to catfish farming than purchasing fingerlings, stocking them in a tank, and feeding them till they get to the size for sale. Well, those are just the basic stuff and I assure you that when you relax and read in calmness, you will discover all that it takes to establish, manage and make profit in a catfish farming.

What You Should Consider Before Investing

Do you have the qualities and attitude of an entrepreneur? Since farming is a type of self-employment, before you make any investment in the business, the first consideration should be your interest. This might come with other attributes like dedication, time commitment and motivation.

Starting a catfish farming business requires effort, dedication, and most importantly passion, and it is the interest of an entrepreneur that will determine whatever mission and vision for the business.

If you have an interest and you think you are ready for fish farming, make sure you know what you are about to venture into.

To start rearing catfish with an aim for success, one would have to consider the size of the farm, size of production, capital, intended number of stock, location, pond, market, species of fish, including water availability and legal issues (tax, regulatory agencies, etc).

When a person has little or no knowledge in fish farming and is ready to put in all for it, the business also has a way of educating about itself in a hard manner. Acquiring knowledge will not be a problem if you are still reading this, and I also recommend additional training (you should try working on a farm even if it would be for free just to gather experience) no one can take away your knowledge.

The good news is that one can do other businesses and still run a successful fish farm. Even civil and public servants can venture into fish farming, a business that does not bridge the public service rule.

Basic Requirements to Start a Catfish Farm

Just like every other business, there are requirements needed to start a catfish farm which depends on the type of scale in target based on capital.

To start and run a fish farm is not as difficult as it is when you have this knowledge. Establishing a farm for success varies on the size and vision of the entrepreneur. It may be small scale, medium scale, or large scale.

A small scale can contain a maximum of 50,000 pieces of the startup sizes, a medium will take between 50,000 and 100,000 pieces and anything more than that means that is a large scale establishment.

Fish farming is easy to carry out as compared to other complicated modes of farming. The only thing someone need is a piece of land and a constant source of water. But before this, you will have to have a blueprint of your startup, which should be based on your capital. Knowing the amount on hand, then you can manage expenses for the basic requirements.

Securing a piece of land is the first set towards having a fish farm, and the great advantage of this is that the land does not need any special treatment and clearing as long as it is plain terrain. This also includes establishment in any good location, it could even be in an estate since fish doesn’t cause any environmental disturbance but this still depends on an agreement with the neighbours.

All you have to do is just look for a land where you can get it cheap and buy, and the size depends on the capacity you wants to manage, the bigger the space, the more fish you can rear, and also decides the amount of return you should expect. I recommend half plot if it would be an average fish farm.

After securing land, a pond is needed for the rearing of the fish and this is where you will need experts, just for the construction and plumbing works! You can get a specification from what you see on other farms and the expert will give his advice and knowledge. This is where things get tricky because it’s the quality of a pond that determines a long term fish farming business.

So, you can’t just use any regular plumber or construction engineers, rather get one specialized in this business. You don’t want to start the business to begin to see your fishes on the ground or add to the numbers in the ocean.

There are different kinds of ponds system for catfish farming, which also varies in different designs. However, the most common types used in Nigeria and easy to manage are plastic ponds, tarpaulin ponds, concrete ponds, and earthen ponds.

Choosing a pond system might require one to seek expert advice when the individual is not familiar with the system, as there are other factors needed to be considered based on the focused phase of production.

In absence of a sizeable piece of land for big ponds, tanks and drums can be used for a small startup. One might as well use old ponds as long as it is properly washed and fumigated.

Setting up the ponds is not difficult, but one must ensure a proper drainage system, this is where the plumbing work has to be done and monitored properly.

This includes having a water source and channel inlets to the ponds, as the adequate water supply is very vital for a fish farm and lack of it may result in a tragedy because water needs to be changed at regular intervals. Naturally, available sources of water such as wells, boreholes and river water are the most suitable. Other sources like rainwater and tap water from the chemically treated source are not recommended for the rearing of fish.

You will also need to install an overhead tank, which will serve as a water reservoir from which water is supplied to the ponds. This has to be through a good plumbing system for convenient water flow and supply in the farm.

Cost of Starting a Catfish Farming Business

Setting up a fish farm requires more careful planning and much capital input. To meet all the basic requirements to start a small scale fish farm, this can cost between N500,000 and N4 million, depending on the land cost, type of pond, pond size, number of stock, type of production, other equipment and facilities.

Staring with a plastic pond is cheaper as all you have to do is to buy the already made pond and set it up with good plumbing and waterworks. Other types of ponds that require construction may require a range amount of N200,000 to N500,000, with plumbing expenses.

A good water source like the borehole should cost nothing less than N300,000, depending on the location and the other costs are managing and feeding expenses, which can cost up to N1 million.

A big farm would require extra expense on employees and other workers. Also, since we are in a world of technology, one might want to spend more on technology equipment, website and software to grow the business, doing specific programs like payroll, social media management.

Starting the Business

After having the land, pond, an overhead tank and a good water channel, then you are ready to stock and become a big-time fish farmer. All you just have to do is to get your startup size of a good species, this could be Fries (newly hatched fish), fingerlings (Catfish aged 0-4 weeks) or Juveniles (Catfish aged 4-8 weeks) and could be got from another farm that specializes in supplying them, and make sure your fishes are from a healthy source.

In Nigeria, commonly grown catfish species include Clarias gariepinus, Heterobranchus bidorsalis, and a hybrid of Clarias and Heterobranchus (Heteroclarias). These breeds are the best to rear for growing if properly managed because they have fast-growth, are prone to disease and adapt to our environment. But you just have to make sure that your stock won’t be too crowded for the available space.

Above all, you will need to have a business plan and marketing strategy. A good strategy might require you to join an association of fish farmers, as it unlocks opportunities of getting buyers, suppliers, workforce, production monitoring, advice and support. Joining a good association can also make you make access government support and grants for fish farmers.

For beginners just starting the business, I recommend the stock of Juveniles, rather than Fingerlings, for better management and because they are less sensitive to the water PH.

Managing the Business

Managing a fish farm is the main business and this would require all available resources, time and labour. It is the proper management of the farm that will determine the number of output and the success of the production.

Managing a fish farm starts from pond management, how secure the pond is and how vulnerable it is to pests and diseases. When starting the business with a new pond, ensure that the pond chemicals are neutralised to protect the health and growth of fishes. This concerns the users of tarpaulin or plastic ponds.

The safest way to ensure that a pond will cause no harm is to wash the pond with salt and fill it with water for five days before stocking in the pond. This can also boost water quality. For an earthen pond user, applying fertilizer after constructing the pond will make the soil fertile. If the soil of your pond is not fertile, then it will hamper the health and proper growth of fish.

Also, make sure there is no hole in the pond and that it is strong enough not to fall apart. A good water flow direction will also help a pond lasts longer. There should be a downward slope direction to the outlet.

Being assured that the pond is eligible and safe for use, water quality has to be monitored and if not properly managed, it could lead to a disaster. Water management is very important in a fish farming business, as fishes live, breathe, feed, grow, and excrete wastes in the water, and are, therefore, totally susceptible to changes in water quality. For fish to maintain an optimum level of health, avoid stress or disease then the water quality of the water must be monitored and controlled, as a fish life is dependent on the water it lives in for all needs.

Catfish become stressed when key water quality parameters such as temperature, pH, alkalinity, hardness nitrogenous waste, dissolved oxygen and salinity are not kept with specified thresholds.

Knowing the quality of your water source is very important and could be tested with water testing kits like the water pH meter.

The measure of the alkalinity or acidity of water is expressed by its pH value. The pH value ranges from 0 to 14, with pH 7 indicating that the water is neutral, while a value smaller than 7 indicate acidity and a value greater than 7 notes alkalinity. Fish production can be greatly affected by excessively low or high pH.

Young age fishes like the fries, fingerlings and juveniles are more sensitive than adults. Waters ranging in pH from 6.5 to 8.5 at sunrise are generally the most suitable for growing fish, and extreme pH values can even kill your fish. Most cultured fish will die in waters with pH below 4.5 and 10 or above.

The key is to keep soil pH at 6.5 or above, which will usually maintain water pH, hardness, and alkalinity at desirable levels.

Pond water with unfavourable PH for fish production can be corrected by the use of water-soluble fertiliser which will ensure that your water pH and acidity are within acceptable limits and a necessary part of managing the alkalinity, hardness, and pH of the water.

If the pH is below 6.5 at sunrise, proving that it is acidic, then you will have to use lime and alkaline fertilisers that do not cause hardness problems in treated water, like the soda ash (sodium carbonate) and sodium hydroxide which would raise the pH of water when injected into a water system.

Note that this is always done with caution and should have a measurement according to the quantity of the water and the reactions of the fish should be monitored. Ammonium hydroxide, calcium hydroxide (lime) or magnesium hydroxide can also be used. To be on the safe side, I recommend sodium bicarbonate because it is not harsh on fish.

If the pH is above 8.5 at sunrise, showing that it is too alkaline, you can lower the pH with the use of acid fertilisers like phosphoric acid, hydrochloric acid (HCI), nitric acid or carbon dioxide can be used, in addition to sulfuric.

To run a profitable fish farm, you should be able to properly manage the feeding of fish. Catfish eat two times a day, morning and evening and water would have to be changed regularly (averagely once in two days) since feeding would lead to excretion and it is risky for catfish to live in unchanged water.

You should also adopt sorting and grading of fishes, as this act of separating fishes into categories of their various physical growth will create more space and uniformity. For this, you will need a labour force.

The dynamic aspect about fish is that the same fish of the same age, birth origin, feed and same pond may not grow at the same rate. One might be very big while the other very small. This is why sorting is important, to separate big fish from the small fish and put them into separate ponds. If not done, the bigger fish may eat the smaller fish or prevent them from eating well.

Fish farms are easy to maintain as long as the fish are fed good nutritional feed and you make sure the ponds are secured, the farmer is assured of a good harvest.

You should monitor the health of your fishes and the fish pond should be protected from predators. Daily scouting should be done and suspected fishes should be isolated from the pond to avoid spreading diseases all over the pond.

Fish diseases can be treated by using salt, potassium permanganate solution, chemicals, and drugs for veterinary uses. Above all, prevention is better than treatment.

If you are successful in managing the business, then you could as well mix things up and venture into another phase of production.

Knowing the Phases of Production

After stocking your preferred number of fingerlings, the way you manage it will determine the phase of products suitable for you, but this could also be by choice. Different phases of catfish production vary according to size.

Catfish becomes ready for sale when it has an average weight size of 300 to 400 grams. This is called the mélange production, the raising of catfish from fingerlings to three months to meet the size for those that smoke and sell.

Table Size Production is the raising of catfish from fingerlings to an average weight size of 500 to 700 grams, usually from 4 to 5 months from fingerlings.

This follows the grow-out stage, an average size of 1kg upward. At this stage, the fishes are in their bigger sizes and are at least six months old.

Broodstock Production is an exclusive part of the business, as it is the raising of catfish for the specific purpose of becoming a parent stock for the hatchery. They are usually raised for over a year.

Bottom-line

The catfish market is readily available both locally and internationally. Major urban centres in Nigeria are readily available markets for fish. For large-scale fish farmers, the international market is available. The fish market is growing, and Nigeria has had to import fish from China because the demand exceeds the supply and this has also made us witness Chinese farmers coming to Nigeria for large scale catfish production.

The government in recent years have been giving technical support to fish farmers. Being an agricultural sector that has not been fully utilized, the Nigerian government is also committed to making sure that more Nigerians take to the rearing of fish for both small scale and commercial use.

The good news is that there is still more room for growth and investing in this sector. The sector is still growing. Catfish farmers could easily combine it with other fish species.

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Economy

Distributors Kick Against Plans by Lagos to Tackle Egg Glut

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egg glut

By Adedapo Adesanya

The Eggs Sellers and Distributors Association of Nigeria (ESDAN) has kicked against the proposed plan involving the production of egg powder to tackle the glut of eggs.

The National President of ESDAN, Mrs Olaide Graham, made the position clear in an interview with the News Agency of Nigeria (NAN) this week.

Egg glut occurs when egg production exceeds consumer demand, resulting in a surplus that often forces farmers to sell at reduced prices to avoid spoilage.

The Lagos State Government recently announced plans to establish an egg powder processing facility as part of efforts to address seasonal egg glut in the poultry sector.

Mrs Graham described the initiative as a welcome development but maintained that it would not address the fundamental challenges facing the industry.

“The establishment of an egg powder factory in Lagos to address the egg glut situation will have a positive impact if it is properly implemented and the product meets market standards.

“It could help reduce waste and, to some extent, stabilise prices temporarily.

“However, egg powder may not be widely accepted as a substitute for fresh eggs in this part of the country because of differences in taste, texture and consumer perception.

“Many consumers still regard fresh eggs as more nutritious,” she said.

According to her, the major issue is identifying and addressing the root causes of the egg glut rather than focusing solely on processing surplus eggs.

“We have a population of over 200 million people. Why should there be an egg glut?

“We need to examine what farmers, distributors and other stakeholders are not getting right and provide the necessary support.

“Egg powder is not the cure for egg glut in Nigeria. Stakeholders should come together to identify sustainable solutions,” she said.

Mrs Graham noted that egg powder could serve as a raw material for the production of other goods, but should not be viewed as a long-term remedy for the challenge.

She emphasised the need for improved distribution systems across the egg value chain.

“Effective distribution can go a long way in addressing the problem.

“We should remember that Lagos distributes not only eggs produced within the state but also eggs brought in from other parts of the country.

“In every challenge, there is always a solution, but egg powder is not the major solution to egg glut,” she said.

The ESDAN president also dismissed concerns that egg distributors could be negatively affected by the proposed factory.

“Distributors have nothing to fear because Nigerians are accustomed to consuming fresh eggs.

“The number of consumers who will continue to prefer fresh eggs will still be higher.

“Even if egg powder production affects access to fresh eggs, there will still be ways to address that challenge.“If the purpose of producing egg powder is to reduce glut, then that is why distributors have joined the conversation,” she said, according to the news agency.

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Economy

Oyedele Advocates Domestic Resource Mobilisation Over Foreign Aid

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taiwo oyedele tax reform

By Adedapo Adesanya

The Minister of Finance and Coordinating Minister of the Economy, Mr Taiwo Oyedele, says that reliance on aid and concessional finance was neither sustainable nor sufficient.

He said this at the opening of a high-level capacity-building session in Abuja on Wednesday, noting that Nigeria needs to strengthen local funding sources, a message that also guided discussions during a visit by an Ethiopian delegation to learn about Nigeria’s Integrated National Financing Framework (INFF).

“Domestic Resource Mobilisation remains the most critical pillar of any credible financing framework”, he said. “Our objective is not to increase the burden on citizens. Our objective is to create a fairer, more efficient and growth-oriented revenue system that supports development, encourages enterprise and strengthens voluntary compliance.”

The minister presented Nigeria’s INFF as a practical, evolving response to the continent’s widening financing gap for the Sustainable Development Goals (SDGs) and Agenda 2063.

He outlined the process that had produced the framework — a Development Finance Assessment, a multi-stakeholder steering committee and a Financing Strategy aligned with the Medium-Term National Development Plan.

He also cited concrete reforms such as expanded digitalisation of tax administration, deeper engagement with international capital markets through green and sustainability-linked instruments and institutionalised accountability mechanisms.

“These are not merely technical outputs,” Mr Oyedele said. “They are the instruments by which we mobilise, align and deploy financing to turn plans into services — schools, clinics, roads and social protection for our people.”

He insisted the INFF was “a living framework” that would continue to adapt as Nigeria sought to deepen private-sector participation, mobilise climate finance and strengthen subnational financing architecture.

The minister’s emphasis on sovereign revenue came with a direct appeal to state actors, urging states to pursue reforms that would increase the tax-to-GDP ratio without unduly burdening households.

Mr Oyedele positioned the INFF as the mechanism to reduce external dependence by aligning public, private, domestic and international finance with national priorities.

“This is not cause for despair”, he said of Africa’s financing gap. “Rather, it is an opportunity to rethink how development is financed and to ensure that every available source of capital is aligned with national priorities.”

Addressing the Ethiopian delegation directly, Mr Oyedele framed the engagement as mutual learning, stating: “Nigeria does not claim to have all the answers. Rather, we offer our experience in the spirit of partnership, transparency and mutual learning. Ask difficult questions. Challenge assumptions. Share your innovations and experiences.”

In her remarks, the Senior Special Assistant to the President on SDGs, Mrs Adejoke Orelope-Adefulire, told delegates that the capacity of states to effectively mobilise, manage and deploy financial resources directly influenced the quality of life of millions of Nigerians.

She stressed that states must carry constitutional responsibility for primary healthcare, basic education, water and sanitation and other frontline services.

She also warned that current revenue and institutional weaknesses at the subnational level threatened service delivery across the country.

“The fiscal realities confronting many sub-national governments — rising expenditure pressures, limited internally generated revenue, growing infrastructure deficits, climate-related vulnerabilities and global economic uncertainties — are battering state finances,“ Mrs Orelope-Adefulire said. “Addressing these issues requires innovative thinking, bold reforms and stronger collaboration among all key stakeholders.”

On her part, UNDP Resident Representative, Ms Elsie Attafuah, echoed the call for domestic solutions while emphasising the value of peer learning.

“The Sustainable Development Goals are ultimately delivered in states, provinces, cities and communities,” she said. “This is why strengthening fiscal capacity at the state level is not simply a revenue issue. It is fundamentally a development issue.”

Ms Attafuah commended Nigeria’s reform agenda and stressed that South-South cooperation, exemplified by the Ethiopia–Nigeria exchange, could accelerate progress, noting, “No single country has all the answers. Yet every country has lessons that can help others move further and faster.”

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Economy

Nigeria Launches EMERGE to Unlock $750bn Mineral Wealth

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By Adedapo Adesanya

Nigeria has launched the Early-Stage Mineral Exploration and Research Grant Endowment Program (EMERGE), a new initiative aimed at accelerating early-stage mineral exploration, strengthening geological research and advancing local value addition.

The programme is part of moves to unlock Nigeria’s $750 billion worth of untapped mineral deposits under broader efforts to diversify its economy beyond oil.

Nigeria has outlined plans to expand mineral exploration and production, identifying 44 strategic mineral deposits and is seeking developers with the requisite capital and technological expertise to invest.

The government has also sought to increase mining’s contribution to GDP to 10 per cent in 2026. However, unlocking these opportunities will require stronger geological data, greater technical capacity and increased investment in early-stage exploration.

The introduction of the EMERGE initiative aims to address these gaps. The programme is centred around three areas of focus: science-backed exploration, critical minerals development and research and development.

The exploration stream targets early-stage geological insights to generate reliable mineral data, the critical minerals stream targets minerals required for the energy transition, while the research and development stream integrates science and innovation across the value chain.

Driven by the Solid Minerals Development Fund, the programme is designed to position Nigeria as a major player in the global minerals value chain. It also builds on a rising wave of international partnerships aimed at modernising Nigeria’s exploration infrastructure through digitisation and enhanced capacity building.

Nigeria and Turkey formalised a partnership agreement in May 2026, aimed at strengthening cooperation in mining technology, exploration and investment.

Nigeria has also entered geological mapping and exploration cooperation agreements with South Sudan and South Africa, aimed at advancing geological and technical expertise while facilitating greater investment flows across the exploration sector.

Recent mineral ambitions are being backed by global finance. In March 2026, Nigeria secured $1.3 billion from the Africa Finance Corporation (AFC) to fund its mineral exploration programs as well as the construction of an alumina refinery, advancing its national mineral production and domestic beneficiation strategy.

Also, late last year, the federal government allocated over $600 million for geoscientific exploration and nationwide mapping, highlighting Nigeria’s commitment to de-risk the sector through access to modern geological data and accelerated exploration activities.

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