Close Menu
Vardiafrica
  • Home
  • Politics
    • Africa
    • Asia
    • Europe
    • US & Canada
    • World
  • Lifestyle
    • Entertainment
    • Film & Drama
    • Ent & Arts
  • Science
    • Health Science
    • Luxury
  • Finance

Subscribe to Updates

Get the latest creative news from FooBar about art, design and business.

What's Hot

Malami yet to meet bail requirements – EFCC

December 13, 2025

Taiwo Oyedele: Banks to report accounts with N25m quarterly turnover to tax agency

December 13, 2025

Tinubu Absent As Obasanjo Makes First Aso Rock Trip Since His Inauguration

December 13, 2025
Facebook X (Twitter) Instagram
Trending
  • Malami yet to meet bail requirements – EFCC
  • Taiwo Oyedele: Banks to report accounts with N25m quarterly turnover to tax agency
  • Tinubu Absent As Obasanjo Makes First Aso Rock Trip Since His Inauguration
  • CBN gives PoS terminal providers one month to connect system to NIBSS, UPSL
  • Turaki, Other PDP Elder Statesmen Meet With Obasanjo In Abeokuta
  • Tinubu hails Wike as ‘Shining Star,’ exceptional performer in cabinet on 58th birthday
  • No Christian Or Muslim Genocide In Nigeria, President Tinubu Insists
  • NEMA Sets Up Emergency Response Lines For Festive season
Facebook X (Twitter) Instagram
VardiafricaVardiafrica
Demo
  • Home
  • Politics
    • Africa
    • Asia
    • Europe
    • US & Canada
    • World
  • Lifestyle
    • Entertainment
    • Film & Drama
    • Ent & Arts
  • Science
    • Health Science
    • Luxury
  • Finance
Vardiafrica
Home»Uncategorized»FG to end fish importation, targets aggressive local production
Uncategorized

FG to end fish importation, targets aggressive local production

VardiafricaBy VardiafricaJuly 16, 2025No Comments2 Views
Facebook Twitter Pinterest LinkedIn WhatsApp Reddit Tumblr Email
Share
Facebook Twitter LinkedIn Pinterest Email

The Honourable Minister of Marine and Blue Economy, Adegboyega Oyetola, has vowed to end Nigeria’s dependence on fish importation by aggressively boosting local fish production.

Speaking on Wednesday at a high-level consultative meeting with fisheries cooperative groups in Abuja, the Minister outlined a bold vision aimed at transforming the nation’s aquaculture sector into a powerhouse of food security, employment, and export competitiveness.

Declaring that “Nigeria must chart a new course towards self-sufficiency in fish production,” Oyetola emphasised that the Federal Government is fully committed to supporting the fisheries and aquaculture subsector through policy, technical support, and financial inclusion.“We will scale up domestic fish production, reduce dependency on imports, and reposition the sector for sustainable growth,” he said.

The meeting, convened by the Federal Ministry of Marine and Blue Economy, brought together leaders and members of major fisheries and aquaculture associations, including the Fisheries Cooperative Federation of Nigeria (FCFN), Tilapia Aquaculture Developers Association of Nigeria (TADAN), Catfish Farmers Association of Nigeria (CAFAN), Women in Fish Farming and Aquaculture, and the Practising Farmers Association of Nigeria.

Oyetola announced that the Ministry is intensifying efforts to support women and youth in the fishing sector, stating that start-up grants and other empowerment initiatives are already in the pipeline. He said this move aligns with President Bola Ahmed Tinubu’s Renewed Hope Agenda, which prioritises youth engagement and economic diversification.

“Increasing youth participation in aquaculture is not only vital for food production but also a strategic solution to reducing unemployment,” the Minister said. “We are committed to ensuring that young people and women are not left behind in this transformation.”

During the interactive session, participants raised a wide range of pressing challenges currently facing the sector. These included overfishing, environmental degradation, lack of access to affordable finance, post-harvest losses, inadequate cold storage infrastructure, poor transportation and market linkages, low youth involvement, multiple taxation by local government authorities, and the rising cost of imported fish feed.

Responding to these concerns, Minister Oyetola gave strong assurances that the Ministry is already engaging stakeholders, both local and international, to tackle the identified issues head-on. He revealed that discussions are ongoing with the World Bank to secure financial support for fish farmers and that the Ministry will be collaborating with the Nigerian Agricultural Insurance Corporation (NAIC) to ensure affordable and accessible insurance coverage for fish farmers across the country.

“We are also in talks with the Federal Ministry of Water Resources to replicate the successful aquaculture model at the Oyan Dam in other parts of the country,” he added, pointing to integrated planning and inter-ministerial cooperation as key pillars of the strategy.

“This meeting is not the end — it is the beginning of a sustained and transformative dialogue,” the Minister assured.

The Permanent Secretary of the Ministry, Mr Olufemi Oloruntola, who delivered the welcome address, noted that the meeting was in fulfilment of commitments made by the Minister during the Ministry’s second-quarter citizens and stakeholders’ engagement held in Lagos on 3rd July.He reiterated the Ministry’s readiness to build enduring partnerships with cooperative societies to drive inclusive growth.

The Director of Fisheries and Aquaculture, Mr Wellington Omoragbon, also participated in the session and highlighted the importance of strengthening institutional frameworks and adopting enterprise-driven models to enhance productivity and attract funding.

Participants praised the initiative as “timely and long overdue,” expressing hope that the consultative approach would lead to actionable results. The meeting, described as robust and frank, ended with renewed optimism about Nigeria’s potential to become self-sufficient in fish production and a net exporter of fish in the near future.

Share. Facebook Twitter Pinterest LinkedIn Tumblr Telegram Email
Vardiafrica
  • Website
  • Facebook
  • X (Twitter)
  • Instagram

Related Posts

Rivers assembly accuses Fubara of unapproved spending, awarding contracts to cronies

December 12, 2025

Tinubu meets Osun APC Governorship aspirants, harps on party unity, consensus building

December 11, 2025

Senate confirms ex-CDS Musa as Defence Minister

December 3, 2025

Leave A Reply Cancel Reply

Top Posts

FG exempts SMEs, farmers, manufacturers from paying withholding tax

July 2, 202493

Trump set for White House return, vows to sign 100 Executive Orders in ‘Hours’ 

January 20, 202549

You rejected party structure’ – PDP knocks Fubara, says Rivers Gov, Bala Mohammed may face disciplinary action

October 15, 202442

FG Reportedly Lists 15 Persons, BDCs As Terrorism Financiers

March 20, 202430
Don't Miss
Trending
Trending By VardiafricaDecember 13, 20253 Mins Read3

Malami yet to meet bail requirements – EFCC

By VardiafricaDecember 13, 20253 Trending Updated:December 13, 202503 Mins Read

The Economic and Financial Crimes Commission (EFCC) says Abubakar Malami, former attorney-general of the federation,…

Taiwo Oyedele: Banks to report accounts with N25m quarterly turnover to tax agency

December 13, 2025

Tinubu Absent As Obasanjo Makes First Aso Rock Trip Since His Inauguration

December 13, 2025

CBN gives PoS terminal providers one month to connect system to NIBSS, UPSL

December 13, 2025
Stay In Touch
  • Facebook
  • Twitter
  • Pinterest
  • Instagram
  • YouTube
  • Vimeo

Subscribe to Updates

Get the latest creative news from SmartMag about art & design.

About Us
About Us

Your source for the verified news.

Email Us: info@vardiafrica.com
Contact: +234 905 338 5856

Facebook X (Twitter) Instagram YouTube WhatsApp
Our Picks

Malami yet to meet bail requirements – EFCC

December 13, 2025

Taiwo Oyedele: Banks to report accounts with N25m quarterly turnover to tax agency

December 13, 2025

Tinubu Absent As Obasanjo Makes First Aso Rock Trip Since His Inauguration

December 13, 2025
Most Popular

FG exempts SMEs, farmers, manufacturers from paying withholding tax

July 2, 202493

Trump set for White House return, vows to sign 100 Executive Orders in ‘Hours’ 

January 20, 202549

You rejected party structure’ – PDP knocks Fubara, says Rivers Gov, Bala Mohammed may face disciplinary action

October 15, 202442

Type above and press Enter to search. Press Esc to cancel.