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How to Start an Ice Fish Business in Nigeria (2026 Guide)

Business, Investment & Market Intelligence By wigmoretrading June 30, 2023
How to Start an Ice Fish Business in Nigeria (2026 Guide)

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Business guide · Frozen foods

How to start an ice fish business in Nigeria

Updated October 2026Reading time 7 minutesBy Wigmore Trading
How to start an ice fish business in Nigeria

An ice fish business buys frozen fish by the carton from cold rooms or importers and sells it to households, food sellers and restaurants. Demand is steady because fish is one of the cheapest proteins in Nigeria. Your biggest costs are stock, freezers and power, and your biggest risk is fish thawing and spoiling.

At a glance

What you sell
Frozen mackerel (titus), horse mackerel (kote), croaker, herring (shawa), sardines
Main costs
Cartons of fish, deep freezers, generator or solar power
Who buys
Households, food sellers, bukas, restaurants, caterers
Buy wholesale
Seafood on Wigmore Wholesale

The fish that sell

Fish Local name Why it sells
Atlantic mackerel Titus Oily, tasty, the most popular frozen fish
Horse mackerel Kote Cheaper than titus, good for stews
Croaker Croaker White fish, popular for pepper soup and grilling
Herring Shawa Small, cheap, sells fast in markets
Hake / whiting Panla Very affordable, good for frying

Buy frozen fish wholesale

Seafood on Wigmore WholesaleAll seafood →
Mackerel, per tonne

BulkMackerel, per tonneSee price & buy →

Horse mackerel, per tonne

BulkHorse mackerel, per tonneSee price & buy →

Sardines, per MT

BulkSardines, per MTSee price & buy →

Stock fish, 30kg bag

DriedStock fish, 30kg bagSee price & buy →

How to start

Step 01

Sort out power first

Frozen fish must stay at about minus 18°C. Budget for chest freezers and reliable backup power: a generator, an inverter, or solar. Most failed fish businesses fail on power.

Step 02

Find your supplier

Buy from licensed importers, cold room depots or online wholesalers. Ask for the price per carton, the carton weight, and the size grade of the fish.

Step 03

Start with one or two types

Titus and kote are the safest starting points. Add croaker and panla once you know your customers.

Step 04

Sell in the sizes people buy

Many customers buy one or two fish at a time. Food sellers and restaurants buy by the carton or half-carton.

Step 05

Never refreeze

Fish that has thawed and been refrozen loses quality and can make people ill. Keep a thermometer in every freezer.

Will the numbers work?

Margin per carton—
Margin—
Profit per month—
Cash for 2 weeks’ stock—

Use your own quotes. Profit is before tax and before paying yourself. Nothing you type is saved.

Know the import rules. Only licensed importers can bring frozen fish into Nigeria, and importing frozen fish through land borders is banned. Buy from licensed suppliers so you’re not caught with seized or smuggled stock.
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FAQs

Common questions

How much do I need to start an ice fish business?
You need enough for freezers, backup power and your first cartons of fish. Power and freezers are usually the biggest upfront cost.
Which frozen fish sells fastest in Nigeria?
Titus (mackerel) and kote (horse mackerel) are the biggest sellers in most areas.
How long can frozen fish be stored?
Several months at minus 18°C or colder, as long as it never thaws. Check the packing date on each carton.
Where can I buy frozen fish wholesale?
From licensed importers, cold room depots, and online on Wigmore Wholesale.
Is ice fish business profitable?
It can be, if you keep power costs under control and avoid spoilage. Use the calculator above with your own prices.

Starting a fish business?

Order fish by the tonne or ask us for a quote.

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