• Hausa Edition
  • Podcast
  • Conferences
  • LeVogue Magazine
  • Business News
  • Print Advert Rates
  • Online Advert Rates
  • Contact Us
Saturday, August 30, 2025
Leadership Newspapers
Read in Hausa
  • Home
  • News
  • Politics
  • Business
  • Sport
  • Health
  • Entertainment
  • Opinion
    • Editorial
  • Columns
  • Football
  • Others
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us
No Result
View All Result
  • Home
  • News
  • Politics
  • Business
  • Sport
  • Health
  • Entertainment
  • Opinion
    • Editorial
  • Columns
  • Football
  • Others
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us
No Result
View All Result
Leadership Newspapers
No Result
View All Result

Firm Launches Trawler To Bridge 2.5m Tonnes Fish Shortfall

by Yusuf Babalola
2 years ago
in Business
Share on WhatsAppShare on FacebookShare on XTelegram

The chief executive officer, Ceylon Marine, Chris Ajayi, has disclosed that Nigeria currently has a shortfall of 2.5million tonnes of fish in the country.

Advertisement

Speaking against the backdrop of the plan to launch its refrigerated mini-fishing trawlers with a view to grow the fishery sub-sector of the nation’s economy, Ajayi said Nigeria spend a whooping $1billion on fish importation annually.

According to him, Nigeria currently consume about 3.6million tonnes of Fish annually and 1.1million tonnes are sourced locally.

He, however, disclosed that the refrigerated mini fishing trawlers would go to sea and return within a month with over 13 tonnes of fish.

He said, ‘’there is currently a shortfall of 2.5million tonnes that we are forced to import spending over $1billion on fish importation annually. The Ceylon Mini refrigerated trawler can do over 13 tonnes per month and it’s very fuel efficient and also affordable.”

RELATED

Xs.com Review: Reliable & Regulated Broker Or Risky Choice?

Xs.com Review: Reliable & Regulated Broker Or Risky Choice?

9 hours ago
Maltina Rolls Out New Pet Bottles, Pledges To Nourish 1m Students

Maltina Rolls Out New Pet Bottles, Pledges To Nourish 1m Students

12 hours ago
ADVERTISEMENT

“We believe strongly that with the deployment of this mini refrigerated trawler in Nigeria, fish import will be history, save foreign exchange and also create a lot of jobs,” Ajayi said.


Join Our WhatsApp Channel

Nigerians can now earn US Dollars monthly by acquiring domains cheaply and reselling for profits up to $18,000 (nearly ₦30Million). Beneficiaries include professionals, entrepreneurs, civil servants and more. Click here to start.


SendShare10168Tweet6355Share
ADVERTISEMENT
Previous Post

The Best Bookies To Bet On For Nigerians

Next Post

FCT: Firms Lament Illegal Demolition Of Warehouse    

Yusuf Babalola

Yusuf Babalola

You May Like

Xs.com Review: Reliable & Regulated Broker Or Risky Choice?
Business

Xs.com Review: Reliable & Regulated Broker Or Risky Choice?

2025/08/29
Maltina Rolls Out New Pet Bottles, Pledges To Nourish 1m Students
Business

Maltina Rolls Out New Pet Bottles, Pledges To Nourish 1m Students

2025/08/29
currency exchange process
Business

How To Calculate Pips In Forex And Other Important Tips For Traders

2025/08/29
Fitch Upgrades Afreximbank To ‘BBB’
Business

Japan Agency Rating Reinforces Afreximbank’s Credibility, Says Denya

2025/08/29
BREAKING: Emirates Airlines Resumes Flights To Nigeria October 1
Business

Emirates Airline To Participate In Africa Tourism, Creative Economy Expo

2025/08/29
Tinubu Names Abubakar Dantosho MD Of NPA
Business

NSC Boss Lauds Dantsoho On Election As IAPH Vice President

2025/08/29
Leadership Conference advertisement

LATEST

Rogo: Between Misinformation and Facts

Nigeria At TICAD9: Forging A Stronger Partnership With Japan

Rules Or Repression? Inside Nigeria’s University Dress Code Crisis

University Lecturers Are Neck-deep In Loans – ASUU Chair

We’re Running Out Of Patience – ASUU Tells FG

Thai Court Removes PM Over Leaked Phone Call

Troops Rescue 117 Hostages, Arrest 150 Terrorists In 1 Week-DHQ

Visa Restrictions Retarding Quest For US Travel

Lecturers Seek University-based Pension Scheme

Minister Defends Price Hike, Says Ugandan Woman Purchased Nigerian Passport With $1,000

© 2025 Leadership Media Group - All Rights Reserved.

No Result
View All Result
  • Home
  • News
  • Politics
  • Business
  • Sport
  • Health
  • Entertainment
  • Opinion
    • Editorial
  • Columns
  • Football
  • Others
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us

© 2025 Leadership Media Group - All Rights Reserved.