Triton Aqua Africa Ltd. which focuses on aquaculture and seafood processing, poultry farming and processing, and distribution of frozen meat, poultry and seafood, announced it will be investing $60 million into the aquaculture industry of Nigeria over the next five to six years. Through this investment, the company aims to reach a production capacity of between 50,000 and 60,000 tons of fish annually. As one of the largest fish importing companies in the country, Triton is partnering with various state governments on a campaign to turn Nigeria from a fish importing country to a self-sufficient, or even fish exporting nation. Triton has already begun local production Ghana and Egypt due to favorable government policies in those countries, and the company’s first local production of 2,000 tons of Nigerian-produced fingerlings will be harvest from its Lagos ponds in February.
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