Every Investors have the opportunity to establish a fish farming business in Nigeria. Nigerians are large consumers of fish and it remains one of the main products consumed in terms of animal protein. Only around 20% of demand for fish is currently being met by local supply. The fisheries sector is estimated to contribute 3.5% of Nigeria's GDP and provides direct and indirect employment to over six million people. Nigeria has many rivers and water bodies which would serve as good locations to set-up fish
farms.
Opportunities exist in various areas of the fishing sub-sector, these include: Production of table size fish, Construction of fish farms, Storage Processing and preservation of captured fish. Fish seed multiplication Transport Financing Reasons to invest in Nigeria Incentives: The Nigerian Government is willing to extend a number of incentives to serious investors. These include the provision of land and infrastructure, tax holidays and assistance with obtaining financing. Labour: construction of the fishery industry that can employ unemployed citizens of Nigeria. Cargo terminal: A new cargo terminal at the
Ilorin International Airport will soon be completed and will allow for goods to be ransported via air, both locally and internationally. Power supply: Due to the recent completion of the Ganmo sub-station, Nigeria currently enjoys very close to 24 hours a day of uninterrupted power supply.
Many business owners are delighted by the fact that they have to make very little use of generators. Political will: The government of Nigeria is devoted to creating an enabling environment for business and investment. The country is also committed to continuity of policies which will ensure that an investor friendly environment remains even after the end of the current administration's tenure. Investment insurance: Nigeria is a member of MIGA (Multilateral Investment Guarantee Agency) and the ICSD (International Center for Settlement of Investment Disputes). Investors interested in this opportunity should Contact Us
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