Let’s gist. Every year, over ₦23 trillion leaves Nigeria simply because we cannot produce enough fish to feed ourselves. Yes, trillions, not billions. Meanwhile, almost every Nigerian household eats fish at least once a week from mama put joints frying Titus, to Sunday lunch catfish pepper soup, to that smoked fish in your Egusi.
So, the money is there. The question is, who is collecting it?
Right now, it’s mostly foreign companies cashing in because Nigeria consumes 3.6 million tons of fish yearly, yet we only produce 1 million tons. That leaves a massive 2.5 million-ton gap filled by imports.
In simpler words, we are sending trillions abroad that could be minting millionaires at home.
Now let me show you how you can step into this river of opportunity.
Nigeria’s fish market is worth $17.8 billion (₦27.5 trillion). To put that in perspective, that’s bigger than the oil subsidy bill that caused wahala nationwide.
Even with all this demand, our farmers cannot keep up. And that’s where you come in.
I know a young corper who, instead of chasing office jobs, decided to start catfish farming with his NYSC savings and some support. Today, that same guy is running one of the largest fish farms in Nigeria, with millions of fish swimming in his ponds. Still, the demand is not enough.
Fish doesn’t go out of fashion. Nigerians eat it every day. That means, if you play this game well, you will always have a market.
Let’s break it down with numbers so you see it clearly.
Small start (about ₦1.2 million capital):
Sell at ₦4k each → ₦2m revenue.
Profit? Around ₦500k–₦700k in 8 months. That’s roughly 35–75% return on investment. Tell me which bank will give you that?
Big start (about ₦20 million capital):
Sell at ₦4k each → ₦80m revenue.
Profit? Around ₦50m yearly.
This is not “get rich quick” talk. It’s simple numbers. If you invest and manage properly, you can scale from small ponds to something bigger over time.
One sweet thing about this business is that money is not only in farming. Here are other lanes you can explore:
Now you’re thinking, “This sounds good, but how do I even start?” Let me break it down:
As the Bible says, “Let us not grow weary in doing good, for at the proper time we will reap a harvest if we do not give up.” (Galatians 6:9)
Fish farming is not magic. It’s patience, consistency, and wise reinvestment. But if you sow wisely, the harvest will surprise you.
The truth is, banks cannot give you the kind of ROI a fish business can give you. And the demand is never-ending, millions of mouths to feed, trillions of naira up for grabs.
The only thing standing between you and your share is action.
Remember, we don’t grow by learning alone. We grow by doing.
So, are you ready to cast your net into Nigeria’s ₦27 trillion fish market?
Grab the gist?