In Nigeria, domestic fish production covers less than a quarter of the demand

The inauguration of the new executive committee of the Fisheries Association of Nigeria (NFAN) took place in Abuja. During the event, market participants discussed the issues of insufficient domestic production volumes, rising fish prices, and the costs of importing frozen products.

Association head Ladan Aliyu reported that current volumes do not even reach a quarter of the country's total requirement of 300,000 metric tons, while imports cover only part of the deficit. According to him, due to the depreciation of the national currency, imported fish varieties have become more expensive for consumers, although local products can cost less. NFAN Vice President Adewale Adewu also noted the impact of the global market situation on price growth.

To address the problems in the sector, the association's leadership urges fish farmers to unite into sustainable cooperatives, increase production capacity, undergo training, and work together with the government to obtain necessary resources and supportive policies. The association's vice president emphasized the importance of the "one fish, one voice" principle to strengthen the industry.

Representatives of the Federal Ministry of Industry, Trade and Investment, including Felicia Ude and Alhassan, congratulated the new NFAN composition on their election, which took place on July 29, 2026. The ministry urged the leadership to maintain unity, transparency, accountability, and protection of the interests of all market participants, noting the government's readiness to cooperate within its powers.