Nigeria’s Stockfish Imports From Norway Declines Amid Economic Challenges

November 26, 2023
images ()

Nigeria which is traditionally the largest importer of Norwegian stockfish, experienced a drop in imports in 2023.

Expressing concern over the reduction, the Norwegian Seafood Council revealed during a workshop in Lagos highlighted that challenges linked to Nigeria’s economic recession and currency difficulties played a substantial role in the decline.

Join our WhatsApp Channel

“Our stockfish is of top quality. It is the best cod we have in Norway and the world, and we are so happy that it has become a very important part of Nigerian cuisine,” stated a representative from the Norwegian Seafood Council, emphasizing the product’s significance in Nigerian culinary culture.

READ ALSO: Africa Needs More Value For Agric Exports

The Council further pointed out that besides stockfish, other seafood imports like herring and mackerel faced declines in both volume and value, illustrating a broader market trend.

Highlighting the significance of the seafood industry, Senator Abubakar Kyari, Minister of the Federal Ministry of Agriculture and Food Security, emphasized its contribution to the Nigerian economy and employment generation.

While acknowledging the challenges, the Council also shared insights into possible avenues for Nigeria to expand its seafood export potential beyond oil, emphasizing the need for competence building in aquaculture. Senator Kyari echoed this sentiment, citing the value of the seafood industry in Nigeria’s economic landscape.

The data presented during the workshop underscores a shifting landscape in Nigeria’s seafood import market, signaling both challenges and potential opportunities for the country’s economic diversification beyond its reliance on oil.

emmmmmm
+ posts

Emmanuel Ochayi is a journalist. He is a graduate of the University of Lagos, School of first choice and the nations pride. Emmanuel is keen on exploring writing angles in different areas, including Business, climate change, politics, Education, and others.

Emmanuel Ochayi

Emmanuel Ochayi is a journalist. He is a graduate of the University of Lagos, School of first choice and the nations pride. Emmanuel is keen on exploring writing angles in different areas, including Business, climate change, politics, Education, and others.

random Christmas meme
Previous Story

20 Hilarious Christmas Memes to Entertain You and Your Loved Ones This Festive Season

images ()
Next Story

Nigerian Ports’ Truck Call-up System Allegedly Hijacked By Black Marketers, Prices Soar To N150,000

Latest from Agro-Economy

Seeds of Controversy: Global GMO Debate Takes Root in Nigeria

Few scientific innovations have polarized public opinion like genetically modified organisms (GMOs). Since the 1990s, genetically engineered crops have been pitched as the silver bullet against hunger: crops that resist pests, survive droughts, and boost yields in regions struggling with food insecurity.

Meet Nigeria’s New Cassava Queen

Ifeoma Okonkwo, CEO of Ifgreen Industries and Investments Ltd, has emerged overall winner of the 2025 National MSME Awards, receiving a prize package valued at ₦220 million. Her agribusiness, which transforms cassava into gluten-free flours and food-grade starch, won both the MSME

Why Nigeria’s Farms Struggle While Its Food Imports Soar

Nigeria is blessed with over 70 million hectares of arable land, abundant rainfall, and a youthful population eager for work. Yet the country spends an estimated $10 billion annually on food imports, a bill that keeps rising even as millions of its
random Christmas meme
Previous Story

20 Hilarious Christmas Memes to Entertain You and Your Loved Ones This Festive Season

images ()
Next Story

Nigerian Ports’ Truck Call-up System Allegedly Hijacked By Black Marketers, Prices Soar To N150,000

Don't Miss

PDP Wins All 17 Councils In Enugu Elections

All the Peoples Democratic Party (PDP)  candidates in the February

Top Crypto Platform Bybit Launches Leveraged Token Products

DUBAI, United Arab Emirates, 8 April 2022 -/African Media Agency (AMA)/-