Key Challenges for Entrepreneurship in Nigeria’s Fish Farming Sector
Keywords:
key, challenges, fish, farming, NigeriaAbstract
The fish farming sector in Nigeria hold significant potential for contributing to the country’s food security and economic growth and development. However, entrepreneur’s in this sector face numerous challenges/constraints or limitations that obstruct the full realization of this opportunities. This paper explore the key challenges confronting entrepreneurship in Nigeria’s fish farming industry, focusing on areas such as Financial, Technical, and Ecological challenges. Additionally, issues related to Product, Market, Business, Regulatory/Policy and Climatic challenges were revealed. The study highlights how these challenges impact the growth and profitability of fish farming enterprises and suggest some strategic recommendations that could mitigate these challenges. Addressing these challenges is critical for enhancing the productivity and competitiveness of Nigeria’s fish farming sector, which in turn could stimulate broader economic development and poverty alleviation in the country.
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