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Import fish into Nigeria
now andSmile to the
Bank
Overview
– In Nigeria, the most populous country in Africa, fish
is an important part of the household diet. Fish
makes up around 40% of the country’s protein
intake, with fish consumption at 13.3 kg/person/per
year.
– Total fish production per year is close to 1
million metric tons (313,231 metric tons from
aquaculture and 759,828 metric tons from fisheries).
The majority of this fish is consumed domestically,
while around 10% is exported.
– Around 94 million hectares is used for fishery
production, according to the FAO,
and 1,477,651 people work as fishers
Overview
– Despite having a coastline of 853 kilometres
bordering the Atlantic Ocean, as well as fresh and
mangrove swamps, creeks, coastal rivers, estuaries,
bays, and near and offshore waters, it is ironic that
Nigeria still depends on fish importation to meet
most of her fish demands. Eight out of the 36
Nigerian states, with 25% of Nigeria’s total
population, share the Atlantic Ocean coastline – a
major fishing resource.Yet, national supply cannot
meet national demand.
Accordingtothe2016
NigeriaFisheriesStatistics
report,ourannualfish
demandisestimatedat
3.32millionmetrictonnes
—anunsurprisinglyhigh
numberconsidering
Nigeria’steeming
populationofabout186
millionpeople—but
domesticproduction
producesonlyabout1.12
millionmetrictonnes.This
leavesadeficitof2.2
millionmetrictonnes,
whichislargelysupplied
throughfishimportation.
Overview
– Nigeria is the fourth largest importer of fish in the
world, following China, Japan and the United States.
Frozen fish varieties include mackerel (locally
called titus or alaran), herrings (locally called shawa),
horse mackerel (locally called kote), blue whiting
(locally called panla), Argentina silus (locally
called ojuyobo) and the popular croaker fish.The
country’s top suppliers are the United States and
Chile, but fish is also sourced from Europe, Asia, and
a few African countries, including Mauritania,
Algeria, and Mauritius.
Industrial
Production of
fish in Nigeria
Reasons for
LowOutput
– Fishing is not as productive as expected because
most people in the business cannot afford the
vessels and equipment required for intense
commercial fishing on the high seas. “Most current
fishing vessels in Nigeria are old and are only capable
of fishing at 0 to 50 meters below sea level, and this
range is only considered suitable for artisanal
fishing, thereby limiting capability of resource
exploitation on the high seas”.
– They`ve been a rise in Local fish production in
Nigeria over the years with most citizens going into
catfish production, I myself am a fish farmer,
although with the rise in fish-feeds it hasn’t been
easy for fish farmers but with the improvement of
local feeds its happy days for fish farmers again.
– Catfish farming is very popular in Nigeria, this has
helped in the provision of fish locally to citizens, it
has also helped in employment as you hardly see a
street without a small catfish farm, from personal to
commercial catfish farms these farms are scattered
all over Nigeria.
Local Fish
Production
CVA MULTISERVICES NIG LTD.
Types of
Fishes
Imported into
Nigeria
There are various species of frozen fish being imported into
Nigeria namely:
ü HERRINGS:- popularly known as SHAWA
ü MACKEREL:- popularly known asTITUS
ü Horse Mackerel :- popularly known as KOTE
ü PANLA is the general term used for this very fish. It has
many species, but three main species are imported into
Nigeria:
- ALASKA POLLOCK :- this is the one that is used for
making STOCK FISH(OKPOROPO
- HAKE:- just like ALASKA but it has a a very sharp
dentition, its whole dentition consist of 95% canine, it
has a great taste.
- BLUE WHITING
ü Croaker
Fish Import
Values
– Nigeria imported fish worth $71 million, $56 million
and $43 million from Iceland, Russia and Norway
respectively in 2017.
– In 2018 it was estimated at $800 Million
TheTime to Invest is Now: contact us on: www.wewingglobal.com

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Import fish into Nigeria now and Smile to the Bank

  • 1. Import fish into Nigeria now andSmile to the Bank
  • 2. Overview – In Nigeria, the most populous country in Africa, fish is an important part of the household diet. Fish makes up around 40% of the country’s protein intake, with fish consumption at 13.3 kg/person/per year. – Total fish production per year is close to 1 million metric tons (313,231 metric tons from aquaculture and 759,828 metric tons from fisheries). The majority of this fish is consumed domestically, while around 10% is exported. – Around 94 million hectares is used for fishery production, according to the FAO, and 1,477,651 people work as fishers
  • 3. Overview – Despite having a coastline of 853 kilometres bordering the Atlantic Ocean, as well as fresh and mangrove swamps, creeks, coastal rivers, estuaries, bays, and near and offshore waters, it is ironic that Nigeria still depends on fish importation to meet most of her fish demands. Eight out of the 36 Nigerian states, with 25% of Nigeria’s total population, share the Atlantic Ocean coastline – a major fishing resource.Yet, national supply cannot meet national demand.
  • 5. Overview – Nigeria is the fourth largest importer of fish in the world, following China, Japan and the United States. Frozen fish varieties include mackerel (locally called titus or alaran), herrings (locally called shawa), horse mackerel (locally called kote), blue whiting (locally called panla), Argentina silus (locally called ojuyobo) and the popular croaker fish.The country’s top suppliers are the United States and Chile, but fish is also sourced from Europe, Asia, and a few African countries, including Mauritania, Algeria, and Mauritius.
  • 7. Reasons for LowOutput – Fishing is not as productive as expected because most people in the business cannot afford the vessels and equipment required for intense commercial fishing on the high seas. “Most current fishing vessels in Nigeria are old and are only capable of fishing at 0 to 50 meters below sea level, and this range is only considered suitable for artisanal fishing, thereby limiting capability of resource exploitation on the high seas”.
  • 8. – They`ve been a rise in Local fish production in Nigeria over the years with most citizens going into catfish production, I myself am a fish farmer, although with the rise in fish-feeds it hasn’t been easy for fish farmers but with the improvement of local feeds its happy days for fish farmers again. – Catfish farming is very popular in Nigeria, this has helped in the provision of fish locally to citizens, it has also helped in employment as you hardly see a street without a small catfish farm, from personal to commercial catfish farms these farms are scattered all over Nigeria. Local Fish Production CVA MULTISERVICES NIG LTD.
  • 9. Types of Fishes Imported into Nigeria There are various species of frozen fish being imported into Nigeria namely: ü HERRINGS:- popularly known as SHAWA ü MACKEREL:- popularly known asTITUS ü Horse Mackerel :- popularly known as KOTE ü PANLA is the general term used for this very fish. It has many species, but three main species are imported into Nigeria: - ALASKA POLLOCK :- this is the one that is used for making STOCK FISH(OKPOROPO - HAKE:- just like ALASKA but it has a a very sharp dentition, its whole dentition consist of 95% canine, it has a great taste. - BLUE WHITING ü Croaker
  • 10. Fish Import Values – Nigeria imported fish worth $71 million, $56 million and $43 million from Iceland, Russia and Norway respectively in 2017. – In 2018 it was estimated at $800 Million TheTime to Invest is Now: contact us on: www.wewingglobal.com