Good Morning Nigeria: Towards a viable fisheries industry
​Towards a viable fisheries industry
Globally, Asia has the most active aquaculture industry, producing 88% of global farmed fish. In Nigeria the fisheries segment is one of the fastest growing in the agriculture sector. Based on data from the UN Food and Agriculture Organisation (FAO), Nigeria is an active player as well as a leading contributor to Africa's share in the global aquaculture stock, which is estimated at 3%. Egypt, South Africa and Uganda are also important contributors. Nigeria has been the largest importer of fish and fisheries products in sub-Saharan Africa, with an annual import bill of N125bn (US$630m) to meet its domestic shortage estimated at 1.3 million metric tons (mmt).
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