Niger Delta
Fish Scarcity Hits Asaba, Environs
Indication that the price of food items may increase in Delta as the Christmas approaches has heightened as fish scarcity has hit Asaba, the state capital.
The price of the commodity has already reacted to the development, jumping from N8,200 per carton to N9,700.
The situation has also pushed up the prices of frozen chicken and turkey with a carton of chicken selling now at N7,500 as against previous rate of N6,800.
The turkey specie now goes for N8,500, up from N7,500 for a carton.
Some of the fish sellers, who spoke with newmen in an interview, said that they had never experienced such scarcity in the last 10 years.
The leader of fish sellers in Asaba main market, Mrs Nneli Ibiagulu, suspected hoarding as reason for the scarcity, which was first noticed last week.
She said that cold room operators might have decided to hoard the commodity due to prevailing speculations that fish price would be increased in January.
Ibiagulu said that the fish dealers were speculating that ships had stopped bringing fish into the country.
She said that in her more than 10 years in the business, “I have never experienced this type of fish scarcity”.
“Our distributors in the last one week have been telling us that there are no fish at the wharf where they normally bring them from,” Ibiagulu said.
She said that the little quantity of fish currently being sold in the city were bought in from Onitsha but at an exorbitant rate.
She added that the situation had adversely affected them.
“On a normal day, when the price was stable, I sell as much as seven cartons in a day, but with the present scarcity and price increase, I hardly sell one carton now,” Ibiagulu added.
Some fish consumers in the town decried the scarcity of the commodity and blamed it on businessmen engaged in “great profiteering”.
Mr Jibem Simtua, who said he eats only fish in his meals, said that the scarcity of the item was artificial and called for government intervention.
Another fish consumer, Mr Etim Nsa, said he had resorted to eating lots of vegetables and snails in place of fish, disclosing that he does not eat meat.
Meanwhile, a cold room operator at the Ogbeogonogo market in Asaba, who preferred anonymity, said that there had been scarcity of fish for sometime.
He said that he had not had stock for few months now, adding that he hoped that the market situation would improve and fish made available for consumers.
News
China Alerts Rivers, A’Ibom, Abia Govs To Economic Triangle
The Mayor of Housing, My-ACE China, has alerted the Governor of Rivers, Akwa Ibom, and Abia states to what he calls an emerging ‘Economic Triangle’ within their states.
Mr China, a real estate success strategist who has won numerous local and international awards, has thus drawn the attention of the governors of the concerned states to the emerging development and has urged them to intentionally accelerate the emergence of the economic triangle.
Speaking to newsmen in Uyo, Akwa Ibom State capital at the conclusion of his business trip to the state, Mr China, who is the managing director of the Housing and Construction Mayor Limited, said the envisaged economic corridor would compete favourably with the Lagos economic hub or even better.
He said: “Talking about ‘Economic Triangle’, the only place that can wrest economic power from Lagos is Akwa Ibom, Abia, and Rivers states axis or corridor. This corridor contains more than Lagos has, if they can be interconnected with smooth roads, ports, and if their blue potentials are unlocked. They will not only wrest power from Lagos but would be more lucrative.”
The investor who is behind the emerging Alesa Highlands Green Smart City in Eleme, near Port Harcourt, said the new ‘Economic Triangle’ has a bigger potential due to massive land assets with the corridor plus blue economy and the existing hydrocarbon industry.
Explaining, Mayor of Housing said Aba (Abia State) provides the biggest fabrication capacity in West Africa to supply goods to the Gulf of Guinea; Port Harcourt provides access to the Gulf of Guinea for off-taking Aba products, and the Uyo provides deep sea port at Ibaka and international airport facilities as well as forest reserves for massive agro-economy.
He said with sea ports in Rivers State and deep seaport in Akwa Ibom, and international airports in Rivers and Akwa Ibom, Aba can focus on adequate power supply and fabrication boom to supply a new booming market around the economic triangle.
By doing this, he said, jobs would spill out in huge quantities and more manufacturers would be drawn from all over Africa to boost the fast coming African Continental Free Trade Agreement (AfCFTA). He said Nigeria would thus have two major trade nodes in West Africa; Lagos and the PH/UYO/Aba triangle.
He said goods going to or coming from Chad, Niger, and the rest of Central Africa can head to the Lagos ports or to the Ibaka/PH ports zone in the new economic triangle.
He said with power supply made stable, good roads, excellent security system, and ease of doing business enthroned in the zone, the South-South and South East would become the biggest economic nerve in the near future.
Mayor of Housing called on governors of the three states to be intentional about the new corridor, put away political differences (if any), and create this corridor by agreeing on projects each state would execute with a short period of time so the states would be linked by good roads, communication, security, trade laws, concessions to investors, etc.
He remarked that northerners were already heading to the Onne Port in Rivers State to export goods, saying creating a commission to oversee the development of the ‘Economic Triangle’ would fast-track its emergence.
He observed that people of the three states are peaceful and usually preoccupied with zeal for economic prosperity, saying that if they are linked to such huge opportunities staring at them in the emerging economic triangle, they would totally shun violence and focus on prosperity.
Mr China insisted that the emerging economic triangle would form a big node not only into the Gulf of Guinea economic zone but into Africa because AfCFTA is about production, certification, market availability, and easy transport nodes by sea and air. He said the new economic triangle boasts of all the factors.
“They can only realise this by working together, through collaboration. One state cannot do it but a triangle of the three will create it through seamless interconnection, ports, industrial park, etc. The people will be the richest and internally generated revenue (IGR) will be the biggest in the country,” he said.
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