fastest growing business opportunities in Nigeria (1)

CATFISH AND POULTRY Farming The first of the fastest growing business opportunities in Nigeria is catfish farming. The primary reason I listed catfish farming as one of the fastest business opportunities in Nigeria is because it’s an emerging industry that hasn’t reached its peak or full potential. The major players in this business are usually regional players. What this means in essence is that each major player in the catfish farming industry is focused only on a particular business terrain within the geographical location of the farm. All you need to do is look for a region with a growing demand that haven’t been covered by a major player and situate your business there. As for poultry farming, the ban imposed by the federal government of Nigeria with respect to the importation of live or frozen poultry birds has only helped explode the demand. When accessing any of these business opportunities listed above, you must note three important facts. *Food is one of the basic necessities of man, thus making catfish and poultry farming a huge potential. *The population in Nigeria is estimated to be over 150 million and growing so that entails a growing demand for food. *If the local market with 150 million Nigerians gets saturated (which I strongly doubt as this niche is still in its adolescent phase), there’s still a growing demand for catfish all over the world. So do your own in-depth analysis and put your money to work.