This document discusses investment opportunities in fish seed technology in Nigeria. It notes that the successful development of aquaculture will depend on the availability of high quality fish seed. Currently, availability is limited due to few hatcheries and ineffective government projects. The document evaluates species for food fish and ornamental/aquarium fish seed production. It recommends starting with common carp and tilapia, as their propagation is most developed. Details are provided on broodstock requirements and breeding for these two species. Hybridization of tilapia is also discussed as a way to produce all-male populations for improved growth rates.