Fish Import Bills Rise To N500bn In 11 Months
Despite being the largest producer of fish in Africa, Nigeria has spent about N500 billion on fish import in the last 11 months.
Findings revealed that the higher cost of imported fish products since 2015 and the...
Nigeria To Stop Fish Importation In 2022
The Minister of Agriculture and Rural Development, Sabo Nanono, has said Nigeria may stop fish importation following efforts at encourage local production.
He spoke while receiving a delegation from the National Fish Association of Nigeria (NFAN) led by its...
Nigeria Spends $1.2bn To Import Fish Yearly
The Governor of Central Bank of Nigeria (CBN), Mr Godwin Emefiele says about 1.2 billion dollars worth of fish is imported into this country annually.
Emefiele disclosed this in a meeting while briefing some state Governors and the media...
Fish Importation Costs Nigeria $1bn Annually
The Executive Director of the Nigerian Institute for Oceanography and Marine Research (NIOMR), has disclosed that the import bill of Nigeria on the importation of fish stands at about $1 billion.
The Executive Director of the institute, Gbola Akande, said...
Nigeria Spends N288bn On Fish Importation Annually
Following ongoing effort by the federal government to diversify the nation’s economy, it has emerged that Nigeria can save over N288 billion ($800 million) being spent on the importation of fishes annually, if the nation’s deep ocean resources...
