The study was designed to examine the socioeconomic development of the fisher folks as a base for potential aquaculture development in Anaku community, Ayamelum Local Government Area, Anambra State, Nigeria. Eighty (80) structured questionnaires were used to collect relevant information from the fisher folks. Data collected were analyzed using descriptive statistics, simple percentage and Chi square. Results obtained revealed that there is a significant relationship (P< 0.05) between the socioeconomic characteristics of the respondents and fishing activities. 82.5% of the respondents were males who engaged in fishing activities while 17.5% were females engaging in fish processing and trading, both of whom were mostly within the age bracket of 24-40 years (40.00%). 86.25% of the respondents were married and family size of 5-8 persons recorded the highest value (51.25%). This study also revealed that all the respondents used natural water bodies for fishing activities, 58.75% of the respondents practiced fishing as their only source of income while 50% of the respondents used local fishing gears. Majority of the fisherfolks had no formal education (55.00%) while 45.00% had one form of education or the other. Although a higher percentage of the fisherfolks (56.25%) were engaged in fishing activities as their primary occupation than crop farming, average monthly income of the fisherfolks in Anaku community showed that a monthly income of N50, 000 had the highest frequency (41.25%). Hence, the study postulates that there is high possibility for the development of aquaculture in Anaku fishing community and recommends government support for full harnessing of fishery resources from Anaku community.