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FG Crashes Fish Prices To Affordable Levels - Agriculture - Nairaland

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FG Crashes Fish Prices To Affordable Levels by Osode: 12:56pm On Jan 03, 2015
Millions of fish consumersare heaving a sigh of relief as fresh import quotas for fish issued by the Ministry of Agriculture (MOA) has brought down prices acrossthe country.

For instance, Herring prices have come down from N7, 600 to N4, 000per carton. In the case of Horse Mackerel, the price came down to N5, 800 from more than N9, 500 per carton. The Titusspecies is being sold in the marketfor N6, 800, down from a level of N10, 200 per carton. According to the Food and Agriculture Organization of the United Nations(FAO) figures, Nigeria currently has a shortage of 2.6million tons of fish. While the global average of fish consumption is18.7 kilogrammes per person, Nigerian per capita consumption of fish is only 11.2 kilogrammes.

Nigerian fish supply consistsof 600,000 metric tons of local production and the balance is mainly covered by importsof frozen fish. Frozen fish are caughtin high seas by trawlers in Asia, Europe and Russian the major markets from where Nigeria imports fish. Nigerian domestic production consists predominantly of farmed fish, mainly catfish. The varietiesof frozen fish that Nigeria imports are not available in Nigerian coastal waters. Besides, Nigerian trawling industry has been seriously affected by oil spillage, piracy and non-sustainable fishing practices.

“The impact of any major reduction in imports would only mean that catfish will be the onlyvarietyof fish available in Nigeria”, a fishery expert, Solomon Anichebe had said. He hasopined that Nigerians have gotten used to varieties of imported frozen fish over the past decadesincluding Herring or Shawa, and Sardine which are popular in the North, Horse Mackerel (Kote), Sardinella (Agbodu), and Mackerel which are staples in the East and Blue Whiting(Panla) which are favourites in the Western region of Nigeria. Only the catfish has become accustomed to breeding in Nigeria, he says.

Sourcee: http://www.vanguardngr.com/2014/12/fg-crashes-fish-prices-affordable-levels/

10 Likes 2 Shares

Re: FG Crashes Fish Prices To Affordable Levels by Nobody: 1:00pm On Jan 03, 2015
Ok, let's go get some

Yippee kai yay MF! Fp is hot.

Obinoscopy:
This will discourage local production and encourage a deficit Balance of Payment. Not good for our economy.

First of all, Nigeria import over 60percent for local consumption. local production is only for a certain type, so realistically, the effect of this crash is poitive as it affects most Nigerians. There is no effect on the econony- don't go into assumption, understand the market first before you judge.

19 Likes 1 Share

Re: FG Crashes Fish Prices To Affordable Levels by Obinoscopy(m): 1:00pm On Jan 03, 2015
This will discourage local production and encourage a deficit Balance of Payment. Not good for our economy.

Modified:
I was rightly corrected that the fishes whose importation ban were lifted are not found in our local waters. Thus I was wrong to have said it will discourage local production.

13 Likes 2 Shares

Re: FG Crashes Fish Prices To Affordable Levels by Nobody: 1:06pm On Jan 03, 2015
Obinoscopy:
.


Oops! You too?

12 Likes

Re: FG Crashes Fish Prices To Affordable Levels by LRNZH(m): 1:09pm On Jan 03, 2015
Another electioneering gimmick!

It is not clear how they're reducing imported fish prices.

Are they introducing subsidy on fish imports too?
Even though GEJ's Gov't is broke and can't pay salaries for the past three months or can't even fund INEC with elections happening in February?

If fishing in Nigeria's coastal waters have been hampered by oil spillage, piracy and unsustainable fishing practices, what have they done about it.
This will discourage local fishing.

This sounds like another moment of renaming UNILAG to MAULAG! It is not sustainable.

35 Likes 3 Shares

Re: FG Crashes Fish Prices To Affordable Levels by Obinoscopy(m): 1:13pm On Jan 03, 2015
iv4fb:



Oops! You too?
Congrats, you beat me to it wink.

It seems you are an avid consumer of fish. Am I right?
Re: FG Crashes Fish Prices To Affordable Levels by Nobody: 1:15pm On Jan 03, 2015
Y not Gej is stocking fish for his next job as president fishers association of otuoke

18 Likes

Re: FG Crashes Fish Prices To Affordable Levels by Nobody: 1:17pm On Jan 03, 2015
Obinoscopy:
Congrats, you beat me to it wink.

It seems you are an avid consumer of fish. Am I right?


Hehehehehe. You need some?
Re: FG Crashes Fish Prices To Affordable Levels by Nobody: 1:17pm On Jan 03, 2015
IbnSultaan:
Y not Gej is stocking fish for his next job as president fishers association of otuoke

@everyone, Please ignore this guy. He forgot his medicine and his brain.

32 Likes

Re: FG Crashes Fish Prices To Affordable Levels by Nobody: 1:19pm On Jan 03, 2015
Good news for lovers of fish.

3 Likes

Re: FG Crashes Fish Prices To Affordable Levels by Nobody: 1:22pm On Jan 03, 2015
IbnSultaan:
Y not Gej is stocking fish for his next job as president fishers association of otuoke
I always thought you have some sense,it turns out that i was very wrong. Insanity flows in your veins...

10 Likes

Re: FG Crashes Fish Prices To Affordable Levels by Obinoscopy(m): 1:23pm On Jan 03, 2015
iv4fb:



Hehehehehe. You need some?
No, I'm not an avid lover of fish. But I love croacker fish and cat fish though.

1 Like

Re: FG Crashes Fish Prices To Affordable Levels by teemanbastos(m): 1:25pm On Jan 03, 2015
lol
Re: FG Crashes Fish Prices To Affordable Levels by searay(m): 1:25pm On Jan 03, 2015
No problems

1 Like 1 Share

Re: FG Crashes Fish Prices To Affordable Levels by lekhane(m): 1:25pm On Jan 03, 2015
Crash petrol price too

3 Likes

Re: FG Crashes Fish Prices To Affordable Levels by SaiBuharii: 1:26pm On Jan 03, 2015
2015 propaganda

7 Likes

Re: FG Crashes Fish Prices To Affordable Levels by kilokeys(m): 1:27pm On Jan 03, 2015
what about chicken?


i dont eat fish na

besides na only kote, titus go cheap


i pray say point and kill (catfish), and croaker go cheap o

1 Like

Re: FG Crashes Fish Prices To Affordable Levels by trisha01(f): 1:27pm On Jan 03, 2015
good, cus d way d price of fish is rinsing here is alarming,m tired of eatin crayfish angry

2 Likes

Re: FG Crashes Fish Prices To Affordable Levels by Firefire(m): 1:27pm On Jan 03, 2015
Congrats Nigerians

1 Like

Re: FG Crashes Fish Prices To Affordable Levels by redcliff: 1:27pm On Jan 03, 2015
This govt is clueless. PMS thats supposed to be reduced due to falling oil prices, its something as irrelevant as fish thats been reduced... no clue at all!!!

8 Likes

Re: FG Crashes Fish Prices To Affordable Levels by Nobody: 1:27pm On Jan 03, 2015
GEJ till 2019

4 Likes

Re: FG Crashes Fish Prices To Affordable Levels by westbee: 1:27pm On Jan 03, 2015
Prices on paper diff 4rm market...story 4 d gods

6 Likes

Re: FG Crashes Fish Prices To Affordable Levels by Akshow: 1:27pm On Jan 03, 2015
in a bid to sway vote, PDP are doing all they can. prepare to here news like



power holding company cut tarrif (for non existing light).

garri price reduce to help the poor masses.

more cows are brought from d north to down south to ensure cheap meat price

1000 (unseen) buses bought has palliatives to reduce transport problem hits abuja, Lagos and port etc etc etc



my advice, don't let ur resolve to vote out cluelessness be swayed by these lies.we can no longer be deceived. u can't do wuruwuru to the ans just few weeks to d elections. u can't start doing things u failed to do in six years now.

24 Likes

Re: FG Crashes Fish Prices To Affordable Levels by Nobody: 1:29pm On Jan 03, 2015
Obinoscopy:
This will discourage local production and encourage a deficit Balance of Payment. Not good for our economy.
Oga those fishes listed aren't in our local waters that's y. So nothing's gonna happen to ur economy .....chill

2 Likes

Re: FG Crashes Fish Prices To Affordable Levels by saintTim(m): 1:29pm On Jan 03, 2015
Will lead to less demand for meat, the fulanis will go short on demand for cows, there will be enough ram for next salah

But boko haram will still refuse to kill goat and continue killing human mtwweee

3 Likes

Re: FG Crashes Fish Prices To Affordable Levels by makhez019(m): 1:29pm On Jan 03, 2015
Jonathan is working now oooo, all dis ya won't see it buh ya kip seeing tinz dat we don't see. Ma bro check ya self, if ya in congo and commenting abt naija issue wif ya congo environs

2 Likes

Re: FG Crashes Fish Prices To Affordable Levels by Ishilove: 1:30pm On Jan 03, 2015

1 Like

Re: FG Crashes Fish Prices To Affordable Levels by QMark: 1:30pm On Jan 03, 2015
We are asking for crash in fuel & electricity prices, they are crashing fish prices.

9 Likes

Re: FG Crashes Fish Prices To Affordable Levels by brainpulse: 1:30pm On Jan 03, 2015
All this for GEJ election purpose. That means these people knows what is good for the masses put deliberately do otherwise. When it is the time for the masses to determine the politician's careers they turn to the weeping child and knowing the masses are always foolish after the election they return to their wicked governance

15 Likes

Re: FG Crashes Fish Prices To Affordable Levels by Nobody: 1:31pm On Jan 03, 2015
lekhane:
Crash petrol price too
lol...don't ask for much. It is never gona happen. The govt is broke.

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