The Central Bank Of Nigeria Has Stated  That The Foreign Exchange Restriction On Stockfish Importation Was Imposed To Resuscitate Domestic Fishery Industries, Conserve Foreign Exchange And Improve Employment Generation.

This Comes After The Norwegian Seafood Council Revealed That Stockfish Imports From Norway To Nigeria Have Declined By 5.9 Percent To N3.2 Billion In 2022 From N3.4 Billion In 2021.

The Council Revealed That 10,740 Metric Tons Of Stockfish, Including Both The Head And Bodies, Were Imported Into The Country In 2022, Following 14,997 And 13,845 Metric Tons Of Mackerel And Herrings During The Same Period.