Stock fish

The Stock Fish Importers Association of Nigeria has reemphasised its call for the removal of stock fish from the FOREX ban list in 2022.

The Chairman of the association, Mr Gregory Ilobinso, said on Friday in Lagos while reacting to a recent call by the Norwegian Government during a sensitisation and awareness seminar on food safety organised by the Norwegian Seafood Council,

The Norwegian Government had called on Nigerian government to remove stock fish from the list of the 43 items that were restricted from accessing foreign exchange.

According to him, stock fish has become part of the Nigerian culture in the preparation of soups because of its unique taste.

In his appeal to the government to relax the FOREX ban on stock fish imports, he described the produce as a major protein source.

“Stock fish is a major source of protein in Nigerian diet and cannot be cultivated or processed within the country.

“We know the Federal Government on its part is making efforts to promote local aquaculture trade but stock fish import does not affect local fish productivity.

“The government should create a window for the importation of stock fish. The cost of foreign exchange for the importation of stock fish is infinitesimal in comparison to other products approved by the CBN.

“Stock fish has no alternative but can only be cultivated and processed in temperate regions. There is no substitute to stock fish in Nigerian cuisines,” he said.

Ilobinso also noted that the difficulties the importers of stock fish face may likely lead to the disappearance of the produce in local markets soon.

He also noted that it was a tough time for the sector but the importers hope to have stock fish excluded from the FOREX ban.

“For continued importation of stock fish into the country we constantly need the US dollars and it is not easy to access owing to the current state of the economy.

“It is really a tough time in the stock fish trade. Stock fish as we know is officially excluded from imports that can access foreign exchange from the CBN.

“The essence of the stakeholders’ meetings we have been having is for the government to exclude stock fish from the foreign exchange ban list.

“No economy is entirely self-sufficient, the government should consider lifting stock fish from the FOREX ban,’’ Ilobinso said.