Nigerian fish traders suffer as power supply impacts business

Published 2024년 4월 27일

Tridge summary

Victoria Iyamore, a fish trader in Ibaka, Akwa Ibom State, is facing challenges due to power supply issues and rising costs of essential resources such as ice blocks for fish preservation. The high cost of petroleum products and frequent power outages have disrupted the local fish trade, leading to significant financial losses for Iyamore and increasing the cost of fish. Nigeria's power sector struggles with electricity policy enforcement, gas supply, and vandalism, resulting in frequent grid collapses. Despite the enactment of the new Electricity Act and the availability of state-owned power plants, power supply remains inadequate. Proposals include investing in local power infrastructure, providing solar systems to fish traders, and regulating fuel prices. The high cost of fish and other marine foods is affecting both traders and customers.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

In the coastal town of Ibaka, in Mbo Local Government Area of Akwa Ibom State, Victoria Iyamore, 56, worries over her fish business amidst challenges of power supply and rising costs of essential resources. Mrs Iyamore depends on ice packs (popularly called ice blocks) to preserve her daily fresh fish catch from the nearby sea. She and her sons, Jude and Ernest, need a steady supply of ice blocks to preserve the fish they sell to customers. However, the recent downturn in power supply and the high cost of petroleum products have disrupted the local fish trade. When PREMIUM TIMES visited Mrs Iyamore’s shop, she said she had lost stocks worth thousands of naira due to the unavailability of ice blocks. “We use ice blocks to preserve our fresh fish here, but my biggest problem in recent days is poor power supply. I experienced wastage some days ago, and now I am troubled about how to cope with the high cost of fuel and poor power supply,” Mrs Iyamore said in March. Ice block is water ...

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