This development became public, when Abia state, the fourth in the zone to have its Catfish Farmers Association (CAFAN) formally inaugurated by the National President, Mr. Tayo Akingbolagun in Umuahia, saying that the south east zone has great potential to make success of fish farming.
CAFAN has been inaugurated in almost all the southeast states and Delta, whose representatives including those of Akwa Ibom attended the Abia state inauguration.
Akingbolagun said that Catfish farming will create over 500,000 jobs with substantial number in the south east, when this annual national target of one million metric tons of Catfish becomes realised by 2018.
He said that actualising this target was hinged on the federal government’s Agricultural Transformation Agenda that set into motion an articulated Aquaculture Value Chain Development programme and its involvement in a five-year aquaculture development plan in collaboration with the Food and Agriculture Organization (FAO), which will be private sector driven.
Akingbolagun said that Nigeria’s potential for aquaculture is about four million metric tons annually with consumption estimate of 2.66 million tons adding that about 1.44 million tons of fish amounting to N100 billion annually are imported against the total nation’s production figure of 780,000 metric tons.
According to him, Nigeria has a coastline of about 853 kilometers with suitable enormous water resources favoring aquaculture and available aquaculture production area of 1.7 million hectares.
He therefore urged south easterners to engage in aquaculture saying “ the challenges in the fisheries sub sector should be seen as untapped opportunities waiting to be explored.”
The state resident Federal Director of Agriculture, Ebere Oziri, who said that about $500 million was expended in importing fish annually into the country, will be channeled to other sectors when the national target is achieved.
He said the inauguration of fish farming in the zone will help the fish farmers to form a common front through which they will attract government assistance. “It is when they come together that the cost of fish feeds will be reduced hence government has been willing to subsidise fish feeds in order to ultimately.
Announcing Abia state government support, the State Commissioner for Agriculture, Mr. Ike Onyenweaku said that under the Aquaculture Action Plan, the state government will provide baseline data of both farmers and potentials of the state in Aquaculture, train farmers along all the Value Chain in Aquaculture, provide them fish seeds and other needed inputs, help them to have access to the Nigerian Incentive-Based Risk-Sharing System of Agricultural Lending fund , provide land and Infrastructure for the establishment of fish markers/processing centres in all the 17 LGAs of the state.
State CAFAN Chairman, Prince George Akomas, who said that the members had the potentials to succeed, described the state chapter inauguration as one that will actualise government intentions towards, produce protein at affordable price to the people , pledging that they will work towards reducing the importation of fish into the country before very long.
Chairman, State Farmers Association, Mr. Dunlop Okoro who collaborated that there is a lot of market and return on investment on fish farming, urged CAFAN to collaborate with his association for their desired success.
(seafood.vasep.com.vn) Tilapia is easy to farm and provides high economic and nutritional value, making it a sought-after export commodity in many countries.
(seafood.vasep.com.vn) Vietnam’s seafood exports in the first 10 months of 2025 recorded significant progress, reaching more than USD 9.5 billion, up 15% year-on-year. This result reflects the sector’s persistent efforts amid a highly volatile market, especially policy shocks from the US Although signs of slowdown emerged in the third quarter due to countervailing taxes, key product groups still maintained strong momentum and created a foundation for full-year exports to reach USD 11 billion.
(seafood.vasep.com.vn) Vietnam’s agreement with the United States on a framework for reciprocal, fair, and balanced trade—reached during the 2025 ASEAN Summit in Malaysia—has generated strong optimism for Vietnamese exports, including tuna. Numerous positive points in the joint statement have raised high expectations for Vietnamese export goods, but turning these expectations into tangible benefits remains a long and challenging journey.
(seafood.vasep.com.vn) At the conference on “Linking the Production and Consumption Chain of Ca Mau Crab 2025,” Vice Chairman of the Ca Mau Provincial People’s Committee Lê Văn Sử posed a central question: how to shift the province’s crab exports toward official trade channels, instead of relying heavily on small-scale border trade with China as currently practiced.
(seafood.vasep.com.vn) The whitefish market in Japan is showing a clear divergence among supplying countries, in which Vietnam continues to affirm its role as a stable and high-potential exporter. Vietnam currently ranks third after the US and Russia in whitefish export value to Japan. Thanks to tariff incentives and the ability to meet Japan’s strict standards, Vietnamese pangasius continues to record a stable and positive growth trend.
(seafood.vasep.com.vn) The People's Committee of Ca Mau Province has just issued a plan to expand the super-intensive, low-water-exchange, biosecure white-leg shrimp farming model (RAS-IMTA) for whiteleg shrimp farming to a scale of 1,500 hectares, aiming to develop high-tech, sustainable and environmentally friendly shrimp farming.
(seafood.vasep.com.vn) Sa Giang Import-Export Joint Stock Company (HNX: SGC) plans to issue over 7.1 million shares to raise nearly 465 Billion VND for Hoan Ngoc M&A Deal.
(seafood.vasep.com.vn) According to Rabobank, global tilapia production is forecast to exceed 7 million tons in 2025, driven by a strong recovery in major producing countries including China, Indonesia, Egypt, Bangladesh and Vietnam. Among them, Vietnam is emerging as a potential tilapia supplier in the global supply chain, capitalizing on market fluctuations to expand production and exports.
By the end of Q3/2025, Vietnam’s seafood industry recorded a clear recovery as a series of leading companies reported strong profits — some even achieving the highest results in their history. After several quarters struggling with high costs and weakened demand, the latest business results indicate a robust comeback across the industry.
(seafood.vasep.com.vn) On November 12 in Ho Chi Minh City, the Embassy of the Netherlands, in coordination with the Ministry of Agriculture and Environment, organized the Vietnam–Netherlands Business Forum under the theme “Shaping the future of sustainable aquaculture in the Mekong Delta.”
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