Fish import bill drops 14% to N167bn in Q2’26 – NBS
…as Herrings specie defies general trend By Cynthia Alo Nigeria spent about N167.91 billion importing different fish varieties in the second quarter of 2026, Q2’26. But the figure represents a 14.8 per cent decline from N197.17 billion recorded in the corresponding quarter of 2025, Q2’25. Data obtained from the National Bureau of Statistics (NBS) Foreign […] The post Fish import bill drops 14% to N167bn in Q2’26 – NBS appeared first on Vanguard News .
…as Herrings specie defies general trend
By Cynthia Alo
Nigeria spent about N167.91 billion importing different fish varieties in the second quarter of 2026, Q2’26.
But the figure represents a 14.8 per cent decline from N197.17 billion recorded in the corresponding quarter of 2025, Q2’25.
Data obtained from the National Bureau of Statistics (NBS) Foreign Trade in Goods Statistics report, which covers six fish species, shows that Nigeria imported blue whitings (panla), herrings (shawa), mackerel (titus, also called alaran), jack and horse mackerel (kote), yellowfin tuna, and other unclassified frozen fish species in the two quarters.
Blue whitings remained the single largest fish import in both quarters. Nigeria imported N116.13 billion worth in Q2’25, easing to N96.93 billion in Q2’26.
In Q2’25, Jack and horse mackerel were mainly sourced from Chile, South Korea, Peru, Germany and the Netherlands while in Q2’26, the record shows they were sourced solely from Mauritania.
Mackerel imports also fell from N6.32 billion in Q2 2025 to N2.20 billion in Q2 2026.
However, Herrings specie imports defied the trend and surged from N9.84 billion to N62.74 billion over the same period.
The fish were imported mainly from the Netherlands, Faroe Islands, Ireland, Poland, Germany, Chile, South Korea, Peru, Russia, China and Mauritania, NBS data shows.
Blue Whitings and Jack/Horse Mackerel were among the top five food related products Nigeria imported in Q2’25, ranking second (N116.13 billion) and third (N64.58 billion) respectively, behind Durum Wheat.
In Q2’26, Blue Whitings again ranked second among top food related imports at N96.93 billion, while Herrings placed third at N62.74 billion.
Frozen Crustaceans, mainly from China, also featured among the top five food related imports in Q2’26.
Speaking recently at an event on agro export in Lagos, Chief Executive Officer of Greenview Fertilizer Corporation, Mr.Vishwajit Sinha, said Nigeria with about 850km coastline shouldn’t be importing fishes.
According to him, the fish import bill was far too high for a country with its natural endowments.
He stated: “Nigeria imports almost $1.5 billion of fishery products annually. You have 850km of coastline and so much freshwater pond, why do we have to import $1.5 to $2 billion worth of fish products? We should rather be exporters.”
He compared Nigeria’s position with India’s, noting that India’s coastline, at about 1,600km, is roughly double Nigeria’s, but its fishery exports stand at around $10 billion.
He added, ‘‘There is nothing, no rocket science, about it. It requires a bit of policy tweaking and focus, and we will easily become self-sufficient and do away with so much of the import we are doing today.”
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- 446 words · 2 min read
- Published
- September 24, 2026
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