1. Africa Diaspora Agro-Business in Africa Industrial Fisheries in Nigeria Kunjummen Thomas Honeywell Fisheries Limited Lagos, Nigeria

2. Nigeria: Fish Demand and Supply Annual Requirement: 1,500,000mt Annual Requirement: 1,500,000mt Annual Domestic Production: Annual Domestic Production: Marine Industrial, Artisanal (Marine and Inland) and Aquaculture: 515,000mt Marine Industrial, Artisanal (Marine and Inland) and Aquaculture: 515,000mt Import: 700,000mt Import: 700,000mt

3. Nigeria: Fisheries Potential-Marine Coast line: 853km Coast line: 853km Continental Shelf: 46,300 sq. km Continental Shelf: 46,300 sq. km Exclusive Economic Zone: 210900 sq. km Exclusive Economic Zone: 210900 sq. km Rich in Important resources - fish and shell fish like shrimps, lobsters, crabs and molluscs. Rich in Important resources - fish and shell fish like shrimps, lobsters, crabs and molluscs. Part of one of the five most productive ecosystems in the world Part of one of the five most productive ecosystems in the world

4. Nigeria: Fisheries Potential-Inland Inland water mass: 125,000,000 ha consisting of reservoir, lakes and rivers Inland water mass: 125,000,000 ha consisting of reservoir, lakes and rivers Capable of producing 512,000 mt fish annually. Capable of producing 512,000 mt fish annually. Fish seed stocking in water bodies. Fish seed stocking in water bodies. Systematic Fish farming in the water bodies Systematic Fish farming in the water bodies Availability of many varieties of Ornamental Fishes Availability of many varieties of Ornamental Fishes

5. Nigeria: Fisheries Potential- Industrial Marine - 1 Deep sea Bottom Trawling for Shrimps Deep sea Bottom Trawling for Shrimps Deep sea mid water trawling for Industrial fish like Drift fish and Lantern fish Deep sea mid water trawling for Industrial fish like Drift fish and Lantern fish Deep sea pelagic trawling for pelagic fish for food and meal Deep sea pelagic trawling for pelagic fish for food and meal Deep sea trawling for Crabs and Cuttle fish Deep sea trawling for Crabs and Cuttle fish Deep sea fishing for lobsters and perches through deployment of set gear Deep sea fishing for lobsters and perches through deployment of set gear

6. Nigeria: Fisheries Potential- Industrial Marine - 2 Deep sea fishing for Tuna – Purse seining, Long lining and Pole and Line fishing Deep sea fishing for Tuna – Purse seining, Long lining and Pole and Line fishing

7. Nigeria: Fisheries Potential – Aquaculture - 1 Extensive farming – Fish and Shrimps Extensive farming – Fish and Shrimps Intensive farming – Water Re-circulation Systems – Tilapia and Catfish Intensive farming – Water Re-circulation Systems – Tilapia and Catfish Composite farming – Poultry, Cattle, Fish and Prawns Composite farming – Poultry, Cattle, Fish and Prawns Seed Production Seed Production Feed Production Feed Production Cold Store Chains Cold Store Chains Value addition – Specialty Products Value addition – Specialty Products

8. Nigeria: Fisheries Potential – Aquaculture - 2 Packaging Industry Packaging Industry Marketing – Domestic and Export Marketing – Domestic and Export Technical Support and Services Technical Support and Services Equipment and Accessories supplies Equipment and Accessories supplies Manpower training and Supplies Manpower training and Supplies

9. Nigeria : Fisheries Opportunities - 1 Favorable Govt. Policies occasioned by NEPAD “Fish for All” Drive. Favorable Govt. Policies occasioned by NEPAD “Fish for All” Drive. Incentives and Govt. support for achieving fish production target of 2,700,000 mt by 2007 Incentives and Govt. support for achieving fish production target of 2,700,000 mt by 2007 Gradual development of skilled man power, infrastructure, feed and seed availability Gradual development of skilled man power, infrastructure, feed and seed availability Public interest Public interest Development of Domestic Market Development of Domestic Market Increasing export potential Increasing export potential

10. Nigeria : Fisheries Opportunities - 2 Existence of huge resources of Industrial fish Existence of huge resources of Industrial fish Fairly good stocks of commercial fish and shell fish Fairly good stocks of commercial fish and shell fish Favorable climate, soil and water condition Favorable climate, soil and water condition Public support and awareness Public support and awareness Ornamental Fish Trade Ornamental Fish Trade