ABSTRACT
Sustainable aquaculture may generally be defined as the aquaculture industry that is able to adapt on a planet with an ever increasing human population that uses non-renewable resources resiliently in spite of opposing external forces. The unemployment and Small Medium Enterprises (SMEs) push and the continuous demand for farmed fish pull has made quite a number of people to venture into the aquaculture industry without sustainable fixed and running capital. This often leads to early liquidation of the business most especially when disaster strikes. This study using direct physical field survey and questionnaire examined the flood disaster that affected over 150 fish farmers’ ponds in Minna, Nigeria. The result revealed that about USD730, 368.85 (NGN278, 416,610) was lost to the disaster without any insurance coverage or any governmental intervention for sustainability. It is, therefore, recommended that operators of aquaculture should as a national policy have insurance.
