Starting stockfish business in Nigeria is very profitable if you know the basics. Stockfish is also called okporoko in Igbo language is a type of fish used by Nigerian women to aid the taste of soups. Even if you want to begin selling okporoko on a wholesale or retail level, you need to know trusted importers or dealers of stockfish in the country to succeed in this venture.
Most top stockfish dealers are mostly situated in Onitsha relief market, Warri, Sapele, Aba, and other riverine market communities in the southern region of the country. With these dealers, you can contact them to buy stockfish cheap, discuss terms and then start your stockfish business easily anywhere in Nigeria. Another thing to note are the various types of stockfish that are available in the country. Carrying out your research would help you understand what kind of okporoko is being used, sold or high in demand.
How Much It Would Cost To Start Stockfish Business in Nigeria
To start stockfish business in Nigeria, you would need about ₦100,000 to purchase the okporoko. It is advisable to start small if you really want to venture into the business. You should be able to make your first profit, if you successfully sold your first stock. Busy areas or markets are best places to sell stockfish in the country. Since stockfish business is very lucrative, delay in stocking your shop is the only pitfall in doing this business. This can be as a result of not ordering for new supplies or delay of the product not reaching you on time. Customers are willing to buy okporoko as it is essential in preparing most Nigerian meals.
How To Start Stockfish Business in Nigeria
To start this okporoko business, there are factors to consider like location, dealers, finance, delivery, etc. Below are the guidelines and steps to successfully start stockfish business in Nigeria today and make money from it:
Step 1: Get the necessary finance
Money is one of the most important factors in any business. As stated above, you would need over ₦100,000 or more to begin selling okporoko or stockfish on a medium or small scale. It is important to note that depending on the scale and type of stockfish you want to sell, you should have done your research on the amount of money needed to start selling stockfish and what it entails.
Step 2: Get a good location
A very good location is necessary if you must be successful in starting your own stockfish business. The most viable place to sell your commodity should be at the market or at areas where foods are being cooked. Getting a location in open places is also good as it helps people notice the commodity you are selling.
Step 3: Get a trusted stockfish dealer
Having set up your shop in a good location, the next step is to find a trusted stockfish dealer who will supply you with the type of okporoko you want to sell. If its the head, cut body parts, fins or even stockfish cod you want to sell, make sure you bargain with the dealer to sell using the wholesale price.
Step 4: Distribution
You can acquire a few vehicles for distributing stockfish through your buyer network. In Nigeria, we have tricycles, informally known as keke-napep; you can get one or two roadside engineers to redesign the tricycle. They can change the panel of the tricycle, are change the look from passenger tricycle to a courier tricycle. You should also get delivery personnel.
Step 5: Advertise your business
You might be wondering how to advertise your stockfish business in Nigeria to get more customers. The answer to this depends on your locality and the area you secure a spot within the market. This can increase your chances of making profit, if you do the right thing. Telling people about your business can help increase patronage. You can advertise on bulletins, print stickers or posters, detailing people on what type of okporoko you are marketing.
Types of Stockfish Found in Nigeria
There are various sizes and shapes of stockfish sold in the country. The following are the types of okporoko you can find in the Nigerian market today:
- Stockfish Head
- Cut Body Parts
- Okporoko Fins
- Stockfish Cod
- Whole
- Head and Ears only
- White bone of okporoko
- Head and Bone only
- Cut-Cut
Importing Stockfish into Nigeria: What To Note
This is for those who wish to do this business on a large scale. If you want to importing stockfish from abroad into the country, it would be quite expensive. Countries where stockfish can be imported from include: Norway, United Kingdom and even Iceland. Normally, the bulk of stockfish imported and consumed in Nigeria are gotten from Norway. Aba and Onitsha markets are where most dealers gather that sell in wholesale prices. We also found out that importing one metric tonne container of stockfish into the country is estimated at ₦50 million, minus custom duties and othe container expenses.
Top Best Stockfish Dealers in Nigeria
These are trusted dealers to buy stockfish or okporoko cheaply from. Kindly note that their prices may differ and they ship to anywhere in the country. We have provided the addresses of these leading stockfish dealers in Nigeria so as you can contact them of you want to buy stockfish at affordable prices if possible.
Ekene Ventures Ltd
Ekene Ventures Ltd is a top seller of stockfish in the country. They own a warehouse where they operate stockfish distributing to any state in Nigeria and anywhere in Lagos. Their address is at 149, Kirikiri Road, Olodi Apapa, Lagos.
FoodHub Africa
FoodHub Africa sells stockfish cheap and other food items online. They operate an online food store where you can order from and get it delivered at your door step.
Franceo Investment Limited
Franceo Investment Limited is also a good dealer and importer of stockfish. They are based in Lagos and are quick in response. With this company, stockfish (okporoko) delivery is quick. To contact them, visit them at their office at 6, Enu-Owa Street, Idumota, Lagos State.
Nolly Fysh Limited
Nolly Fysh Limited are also one of the best stockfish dealers that deal with different types of stockfish. They import directly from Iceland and Norway. If you are looking for dealer in stockfish business in the south-eastern region of Nigeria, then you can contact them at their office address at SF16, Eziukwu Market, Aba, Abia State.
Stockfish Warehouse
Stockfish Warehouse is another trusted retailer that deal with high quality cod stock fish at an affordable price. They import directly from Norway and are based in Abuja. They are one of the leading dealers and importers on okporoko in Nigeria. Stockfish Warehouse office address is at 50 Suez Crescent, Wuse, Zone 4, Abuja, Federal Capital Territory.
Success Adventures Limited
Success Adventure Limited is a top retailer in the stockfish market. They are based in the south east and import different kinds of stockfish from Norway into Nigeria. The address to their office is Nos. 1248, Azikiwe Road, Aba, Abia State.
Cost of Stockfish in Nigeria Today (2023)
The price for stockfish is dependent on the type and differs from one market to the other. In Nigeria today, a bag of stockfish cut-cut can be bought for ₦80,000 to ₦90,000. Also, a bag of stockfish containing the heads and ears costs up to ₦70,000. The bag without ear and only heads of okporoko price is ₦40,000.
While these figures are recent, note that if you don’t want to buy from third parties, and you want to import, the price of one metric tonne container of stockfish costs around ₦50 million naira. The biggest locations in Nigeria that is famous for okporoko importation are Onitsha and Aba markets respectively.
Health Benefits of Stockfish
Stockfish has a lot of nutritional benefits that could help whoever consumes it. It is a type of fish packed with protein. Do you know that a kilo of stockfish is highly proteineous than five kilos of fresh cod. Below are some of the health benefits of consuming stockfish (okporoko):
It prevents cancer growth
Scientists using research have shown that consuming stockfish has protective power against cancerous issues in the human body. Including stockfish in your meal could help prevent growth of cancer cells in the body due to its anti-cancer properties.
It promotes cognitive function of the brain
With the presence of omega-3 fatty acids in stockfish and its anti-inflammatory abilities, okporoko is ideal for boosting the brain cognitive functioning. It also improves memory and concentration.
Increases minerals in the body
One of the nutritional benefits of okporoko is that it is an excellent source of vitamins, minerals and nutrients such as omega-3 fatty acids, which are essential for the healthy functioning of the human body.
It regulates cholesterol level in the body
The presence of low-fat protein and omega-3 fatty acids is vital for the maintainance of good cholesterol level. This would help reduce the risk of heart related diseases.
It aids in weight management
Stockfish aids in maintaining a balanced weight due to its low calory levels especially dried stockfish.
How To Soften Stockfish Easily
To make the stockfish soft, first rinse it well, then you soak it in hot water for over thirty minutes just before you use it. In most cases, soak it overnight to make it soft, depending on the use of the okporoko. Finally, cut it into smaller pieces and use.
Conclusion
Stockfish business is a very lucrative business. Over 90% of homes in Nigeria, use stockfish in cooking soups, sauce and stews. If you start this venture, you would always have a large market niche. This article should help individuals that want to start big and start accruing profit very fast from okporoko business.
In the course of this article, we provided the guide on how you can start making money with stockfish business in Nigeria. The native name for stockfish is okporoko, and it is a fish that allows your soups to taste better. For you want to succeed in okporoko business in Nigeria, you should link up with stockfish dealers in Nigeria from towns like Onitsha, Aba or even any riverine area in the country. The subject reviewed is quite novel, so if you have any questions or need any clarifications, use the comment section.
Nice one, but u didn’t include d bone and head/bone price. Any way, which of them will u encourage a beginner to go for? Thanks
And moore so d current price for head/bone, thanks
I want to start with the head and ears, so were in aba can I buy them and please how much is their prices
I want to start with head and ears please direct me of how to start.thanks
some important information is not there, what about storage, the ants love stockfish, same as whoman. how do you prevent the goods fron invation of the eating ants.
Wow! This article is very helpful thanks. I will visit some locations in Lagos for price difference, because i leave in Lagos but preferably southeast will make more sense, thanks for a comprehensive guide.
Thanks for the info, a lot of factors today has affected the increase in their prices. It will be more helpful is we have like a phone number to contact these suppliers. Please how do we get their contact numbers?
You hop will be highly appreciated
I will like to start the business in Canada. I will appreciate it if you can link me up with the trusted Norway supplier.
Thanks
Contact me if you or anyone need a supplier direct from Norway. We are only interested in serious distributors in Canada, US and Nigeria. Whatapp me for details.
Please contact me. I’m very interested
Please I need your contact. Am in Nigeria
Let’s talk please.
07063936635
Hi Olu,
You can contact us if you are looking for a supplier. We are a stockfish exporter based in Oslo, Norway. You can visit our shop or contact us through the site or via email. We export to Canada.
Best Regards,
Kim N.
Hei Kim,
Where can I get intouch with you _
If you need stockfish and crayfish prices are as follows
Apama head and ear #126,000 30kg bag
Head and ear cod #103,000 CO #95,000
Ear #175,000
Cut cut white TC 195,000
Flesh #200,000
Oron crayfish a paint bucket is 3500
Where do you base?
Are you a retailer or a wholesaler ?
I need an advice pls which one can a beginner start with . Can I start with cut-cut, and head with hear.
Can I get phone numbers of trusted stockfish suppliers in Lagos?
I need a trusted dealer number preferably from onitsha because iam in Benin city
Thanks a lot for the information you provided to guide those that wants to begin stockfish business. My father was a stockfish dealer in Jubimee Road Aba wayback 1977 to 1982 buy he is out of business now. I am happy because the information you provided is current and can help me rekindle the business again. I want to know if there is any government ban on importation of stockfish into nigeria and what are the factor that can affect the stockfish when imported into the country. Pls I want to know the risk involved. Kindly advise.
Regard,
Stockfish directly from Aba . contact us for price update .Also payment on delivery option is available.We sell quality product at best prices in Nigeria.Try and see.
Contact us 07069393960
I will reach out to you today.
Am Favour Amarachi, hope your prices are good enough.
I need the connection I want to be importing it
I am a beginner, though still trying gather enough money for the okporoko business. I would love to know how possible it is for me to start packaging it in a small pack with label. And secondly does it require training before one can venture into it, and how long training?
It doesn’t require much training but to know the basics
Thank u very much for the information, it was very educating. I have a company in Iceland that is interested in importing stockfish into Nigeria.pls want to know if stockfish is contraband in Nigeria thanks!
Thanks for the guidelines, please as a beginner which of the parts will you advise me to beginning with?
start with any part. Try and mix them so you will have any part of the stockfish when requested for it
Norseafood Norwegian company who are interested in doing business in Nigeria. Suppliers feel free to contact me.
Pls I need contact of a supplier of stock fish in Lagos
I’m starting with d head and ears part then d cut cut.. any supplier here? Contacts needed pls n thanks for this info. Its really been helpful
I. Sell pieces. Sachets. 1000 for dozen and sachets of #500 available. 5000 for 12.
Does the cut cut have the body , head and ears in it?
some important information is not there, what about storage, the ants love stockfish, same as whoman. how do you prevent the goods fron invation of the eating ants.
Contact me for stockfish in Aba. I waybill to any part of Nigeria
Contact you and you did not leave your number
What is your contact ?
Phone number and WhatsApp
This is a good and educating post. It detailed almost the information I am looking for in this line of stockfish. I live at Abuja Nigeria and interested in starting a stockfish business can you assist me with the dealers numbers that are located within Abuja.
Thanks for the acknowledgement, we shall keep this post updated with Stockfish dealers as we find trusted ones
Anyone seeking for a Reliable and trusted Supplier for Dried Stock Fish from Norway?
yes do you have the connection or contact?
Where can I get Stockfish dealers in Lagos… I want to be buying in bag’s
I sell oron crayfish and stockfish in bags
What is your contact ?
Phone number and WhatsApp
How can I start the online selling of the stockfish business,
Í intend to relocate to Aba soon ?
How much can I start with ?