Is Fish Farming As Lucrative As People Make It ?
5 analysed pages ·
open on Nairaland ↗
market_access_offtakers · 4feed_formulation · 4knowledge_transfer · 4capital_credit_grants · 2training_extension · 2housing_equipment · 2farm_management_outsourcing · 2fraud_scamgroup_formationlivestock_health_mortalityexpertise_verificationwater_irrigation
page 0 · 31 posts · 19 participants
· discussion_qa
This thread is a detailed debate where the original poster attempts to debunk the profitability of catfish farming through a specific cost-benefit analysis. Respondents argue that while the business is lucrative, it requires significant capital, technical knowledge regarding feed formulation and pond management, and time, often warning against 'quick rich' schemes and manual sellers.
Pain points:
feed_too_expensiveno_buyersdefraudedno_credit
Prices:
catfish juveniles: NGN25.0 (Nigeria)catfish juveniles: NGN30.0 (Nigeria)catfish (1kg): NGN460.0 (Nigeria)catfish (1kg): NGN480.0 (Nigeria)catfish (1kg): NGN500.0 (Nigeria)catfish (1kg): NGN520.0 (Nigeria)catfish pond (60sqm): NGN70000.0 (Nigeria)catfish pond (60sqm): NGN80000.0 (Nigeria)catfish pond (1000 capacity): NGN0.0 (Ibadan)
Credibility signals:
work with one of the leading livestock company in NigeriaOluseye olayiwola, Olayiwola farmsfish farmers in ijebu ode here, are really making it bigI ve been into poultry farmingI have attended the training
“I am currently putting up some write-ups regarding the wrong info i have read regarding cat fish breeding in Nigeria and i can boldly say 95% of the info shared are false and misleading.”
“Fishery is lucrative.....but u have to be very careful. To succeed you need to get the following right: GOOD BREED, CHEAP AND NUTRITIOUS FEED SOURCES”
failed
“People want to learn business ventures for free. Sorry ooooooooooo”
failed
page 1 · 28 posts · 21 participants
· discussion_qa
This is a lively discussion thread where experienced farmers and novices debate the profitability of catfish farming, weighing high startup costs and feed expenses against potential returns. The conversation ranges from detailed financial breakdowns and technical advice on water management to warnings about market risks and requests for practical training.
Pain points:
feed_too_expensiveno_buyerstransport_costlabour_scarcity
Prices:
fish feed (10kg bag): NGN3400.0 (General Market)fish feed (10kg bag): NGN4800.0 (General Market)fish pond rental: NGN30000.0 (General)juvenile fish: NGN25.0 (General)juvenile fish: NGN30.0 (General)fish feed (3 bags, 4-5 months): NGN12000.0 (General)collapsible mobile pond: NGN80000.0 (General)fingerlings (3-4g): NGN30000.0 (Ogun State)juveniles (5g+): NGN30000.0 (Ogun State)fish (500g): NGN380.0 (General)fish (600g-800g): NGN450.0 (General)fish (1kg+): NGN480.0 (General)fish (1kg+): NGN550.0 (General)
Credibility signals:
post_id=10966113post_id=10967668post_id=10971134post_id=10987511post_id=12147397post_id=14204371
“Fish farming require hard work and taking time to learn the art. As at now i have two vats in my compound and i make 40 to 50k every six weeks beside a regular job.”
“Cost of feeds is perhaps the single most important challenge to sustained fish farming.”
“Usually, you'll be squeezed by the fish feed sellers and the large scale buyers.”
“Fish farming is not for everybody. you must be willing and be dedicated to it as the slightest lukewarmness can cause your investment to go down the drain.”
Unclassified: []
page 2 · 29 posts · 16 participants
· discussion_qa
This thread is a mix of genuine Q&A regarding catfish farming logistics and a heavy volume of promotional content from vendors selling fingerlings and offering paid seminars. While users discuss practical issues like stocking density, feed costs, and the need for mentorship, the page is dominated by sellers advertising their stock, delivery services, and training courses.
Pain points:
transport_costfeed_too_expensiveno_credit
Prices:
catfish_fingerlings: NGN250.0 (General (implied local))catfish_fingerlings: NGN150000.0 (After 4-5 months (profit projection))
Credibility signals:
citing_years_of_experiencenaming_farm_size_or_locationposting_photosreferencing_an_association
“My advice is to get a professional/mentor around you as u explore the business.”
“Fish farming is not a business you just jump into alas you can check to see if you'll be satisfied with what you'll see here”
“Selfish man SMB(shaking my butt)”
page 3 · 29 posts · 23 participants
· discussion_qa
This is a lively discussion thread debating the profitability and technical realities of catfish farming in Nigeria. Experienced farmers share detailed cost breakdowns, production statistics, and warnings about common pitfalls like water management and mortality rates, while several users advertise their services as fingerling suppliers or consultants. The conversation balances skepticism about quick riches with practical advice on capital requirements and operational strategies.
Pain points:
feed_too_expensivebird_mortalityno_creditno_buyersprice_crash
Prices:
1000 fingerlings to table size: NGN280.0 (Nigeria)1000 fingerlings to table size: NGN300.0 (Nigeria)1000 fingerlings (4 weeks): NGN10.0 (Nigeria)1000 fingerlings (5 weeks): NGN12.0 (Nigeria)1000 fingerlings (6 weeks): NGN15.0 (Nigeria)1000 fingerlings (7 weeks): NGN20.0 (Nigeria)1000 fingerlings (8 weeks): NGN25.0 (Nigeria)1000 fingerlings (10 weeks): NGN30.0 (Nigeria)20kg catfish (8-10 fish): NGN13000.0 (Nigeria)20kg catfish (10-13 fish): NGN12000.0 (Nigeria)20kg catfish (14-17 fish): NGN11500.0 (Nigeria)20kg catfish (18-21 fish): NGN11000.0 (Nigeria)20kg catfish (22-26 fish): NGN10500.0 (Nigeria)20kg catfish (27-31 fish): NGN10000.0 (Nigeria)20kg catfish (32-40 fish): NGN9500.0 (Nigeria)20kg catfish (41-50 fish): NGN9000.0 (Nigeria)20kg catfish (50+ fish): NGN8500.0 (Nigeria)1kg catfish (average 1.2kg): NGN550.0 (Nigeria)1000 fingerlings feed cost (to 1.2kg): NGN330000.0 (Nigeria)1000 fingerlings harvest value (good production): NGN440000.0 (Nigeria)1000 fingerlings harvest value (bad production): NGN440000.0 (Nigeria)1000 juveniles feed cost (to 1.2kg): NGN250000.0 (Nigeria)
Credibility signals:
citing years of experienceposting photosnaming farm size or locationreferencing an association
“Fish farming is for hardworker and it is NOT EVERYBODY BUSINESS.”
“Fish Farming is garbage in garbage out, most times what work for one might not work for another because of weather and environmental conditions.”
“250k I can tel u isn't enough to feed 1000 juvniles to avrage of 1.2kg.”
page 4 · 16 posts · 12 participants
· promo_listing
This page is a collection of spammy advertisements and low-effort posts centered on fish farming, featuring multiple sellers offering fingerlings and juveniles with phone numbers, alongside links to external business plans. The thread lacks genuine discussion, community support, or data on actual farming problems, resulting in zero likes and minimal engagement.
Prices:
Melange catfish: NGN600.0 (Lotto, Mowe, Ogun state)post fingerlings: NGN13.0 (Lagos)juvenile catfish: NGN20.0 (Akute Berger, Lagos)
“About 5,500 pieces of Melange catfish for sale at N600 per Kg around Lotto, Mowe, Ogun state.”
“You know absolutely nothing about business.”