Recent developments suggest that fish supplies in Nigeria might face shortages due to the abandonment of consignments at various seaports. Industry sources attribute this issue to foreign exchange crises and increased port charges, which have elevated the landing costs of fish.
Vicky Haastrup, Chairman of the Seaport Terminal Operators of Nigeria (STOAN) and CEO of ENL Consortium, confirmed these concerns. Speaking at the 2024 SCAN Dockworkers’ Day in Lagos, Haastrup noted that no fish vessels are expected to arrive at the ports this month. She expressed worry that this situation could soon lead to a scarcity of fish.
Haastrup explained that the overall cost of doing business has risen globally, affecting fish supply chains. The purchasing power of Nigerians and fish consumers has diminished, exacerbated by difficulties in accessing foreign exchange. As a result, ENL Consortium is not anticipating any fish vessels this month, highlighting a significant reduction in fish imports.
Additionally, fish cold storage facilities in Lagos are reportedly full due to decreased demand, as the high landing costs make fish unaffordable for many Nigerians. Haastrup has called for government intervention to address the forex crisis and support critical items like fish, which are essential for nutritional needs.