Over ₦23 trillion leaves Nigeria every year because we can’t produce enough fish.
Millions of Nigerians eat fish every day, and this gap is minting new millionaires steady.
The question is, will you step in?
Let me show you how.
Millions of Nigerians eat fish every day, and this gap is minting new millionaires steady.
The question is, will you step in?
Let me show you how.
Nigeria consumes 3.6 million tons of fish yearly, but we only produce 1 million tons.
That leaves a 2.5 million ton gap, filled by imports. This is money leaving the country, when it could be building wealth for you and I at home.
That leaves a 2.5 million ton gap, filled by imports. This is money leaving the country, when it could be building wealth for you and I at home.
For context, Nigeria’s fish market is worth $17.8B (₦27.5 trillion).
Local demand alone = ₦4.46 trillion.
But our farmers can’t keep up.
That’s a huge gap bigger than the Nigerian oil subsidy bill altogether.
Local demand alone = ₦4.46 trillion.
But our farmers can’t keep up.
That’s a huge gap bigger than the Nigerian oil subsidy bill altogether.
I know a youth corps member, who rejected corporate and government jobs to focus on catfish farming.
Today, he runs one of Nigeria’s largest farms with millions of fish.
Still not enough. Why? Because fish demand never stops. Every household eats it.
Today, he runs one of Nigeria’s largest farms with millions of fish.
Still not enough. Why? Because fish demand never stops. Every household eats it.
Small start (₦1.2M capital):
- 500 fish → ₦100k
- Pond setup → ₦150K
- Feed → ₦750K–₦1.2M
- Sell @ ₦4K each = ₦2M revenue.
- Profit ₦500K–₦700K in 8 months (~35–75% ROI).
- 500 fish → ₦100k
- Pond setup → ₦150K
- Feed → ₦750K–₦1.2M
- Sell @ ₦4K each = ₦2M revenue.
- Profit ₦500K–₦700K in 8 months (~35–75% ROI).
Big start (₦20M capital):
- 20,000 fish → ₦4M
- Ponds/land → ₦5M
- Feed → ₦10–₦12M
- Sell @ ₦4K each = ₦80M revenue.
- Profit: ~₦50M+ yearly.
Banks can’t match this.
- 20,000 fish → ₦4M
- Ponds/land → ₦5M
- Feed → ₦10–₦12M
- Sell @ ₦4K each = ₦80M revenue.
- Profit: ~₦50M+ yearly.
Banks can’t match this.
The wealth isn’t only in raising fish...
Hatchery: supply baby fish (cut feed costs by 70%).
Smoked catfish: higher margins, faster sales.
Feed production: the real money-spinner.
Transport & cold storage.
Exports: once you meet standards.
Hatchery: supply baby fish (cut feed costs by 70%).
Smoked catfish: higher margins, faster sales.
Feed production: the real money-spinner.
Transport & cold storage.
Exports: once you meet standards.
How to plug in...
Pick your lane: farming, hatchery, smoking, feed, logistics, export.
Learn first or serve: NEPC training, YouTube, fish farmers’ co-ops.
Start small: 500 fish, 1 pond, 1 product.
Pick your lane: farming, hatchery, smoking, feed, logistics, export.
Learn first or serve: NEPC training, YouTube, fish farmers’ co-ops.
Start small: 500 fish, 1 pond, 1 product.
Join networks: buyers, hotels, supermarkets, diaspora.
Scale wisely: reinvest profits, invest in yourself, don’t play catch up
Scale wisely: reinvest profits, invest in yourself, don’t play catch up
“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
Step in, sow wisely, and reap abundantly.
Step in, sow wisely, and reap abundantly.
Remember, we don’t grow by learning alone.
We grow by doing.
Grab the gist?
We grow by doing.
Grab the gist?
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