RISKS AND ADVANTAGES OF CATFISH FARMING IN NIGERIA

Risks Involved in Catfish Farming in Nigeria
Managing a fish farm is relatively more difficult than a goat or snail farm or even poultry.
Losses resulting from mistakes or management slips is always more fatal in fish farms than in any other case.
Fish from fish farms are always priced higher than freshly caught fishes. So you might find it more difficult selling your fishes if there are many fishermen in your market.
Setting up a fish farm is very capital intensive. Much more than most other animals.

Advantages
Fish sells faster than most other animal products in the market.
Fish grows faster than most other animals; hence, the period of the ROI is shorter.
Fishes are bought in bulk also by people making health and beauty products.
There’s a very steady demand for fishes in the market.
The ROI from fish farming is very attractive and is enough compensation for your time and money.
If you want to go into fish farming full time, be sure to make inquiries and ask questions. If you already have the experience, kindly use the comment section to share your knowledge with others.

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