There are growing concerns about potential fish supply shortages in Nigeria due to the recent abandonment of several consignments at seaports.
Industry experts attribute this issue to a combination of foreign exchange crises and increased port charges, which have significantly raised the landing costs of fish.
Vicky Haastrup, the Chairman of the Seaport Terminal Operators of Nigeria (STOAN), confirmed these developments during an interview at the 2024 SCAN Dockworkers’ Day event in Lagos. She expressed her worries about the situation, noting that it could soon lead to a scarcity of fish in the market.
Haastrup stated that no fish vessels are expected to arrive at the ports this month, a stark contrast to previous activity where numerous vessels routinely docked.
Haastrup, who also serves as the CEO of ENL Consortium, highlighted the economic difficulties facing Nigerians. She pointed out that rising business costs globally have compounded local challenges, resulting in diminished purchasing power among consumers.
“As I’m speaking today, we are not expecting any fish vessels at ENL; previously, many vessels would arrive regularly,” she remarked. The escalation in fish prices has made it increasingly difficult for consumers to afford this essential commodity.
Additionally, she noted that cold storage facilities in Lagos are filled to capacity due to low demand, as many Nigerians find the current prices unaffordable.
Haastrup urged government intervention to address the foreign exchange crisis, emphasizing that fish is a crucial dietary component for children’s development.
While she acknowledged recent tax reductions on some commodities by the federal government, she stressed that foreign exchange remains a significant barrier.
