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Minister, Institute Partner To Cut 2.2m MT Nigeria Fish Deficit

Yusuf Babalola by Yusuf Babalola
10 months ago
in Business
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The Federal Ministry of Marine and Blue Economy has partnered with the National Institute for Policy and Strategic Studies (NIPSS) to accelerate national fish production and close Nigeria’s estimated 2.2 million metric tonne supply gap through a coordinated policy roadmap.

Speaking at the opening of a two-day Round Table Discussion on Accelerating National Fish Production in Lagos, the Minister of Marine and Blue Economy, Dr Adegboyega Oyetola, said the collaboration with NIPSS marks a critical step in implementing President Bola Tinubu’s Renewed Hope Agenda, which prioritises food security, job creation, and economic diversification.

“Current output meets only about 38.9 per cent of the 3.6 million metric tonnes of fish required annually,” Oyetola said. “This leaves a deficit of over 2.2 million metric tonnes, forcing Nigeria to rely heavily on imports. This trend is unsustainable — economically, nutritionally, and environmentally.”

The minister said the round table aims to produce a National Fish Production Acceleration Roadmap that will guide strategic investments and reforms in the fisheries and aquaculture subsector.

He noted that new policies and legal frameworks, including the Fisheries Bill and the National Fisheries and Aquaculture Policy, are being developed to strengthen sustainability and governance.

Oyetola also highlighted digital reforms within the Ministry, including the automation of fisheries operations and the establishment of a Blue Data Bank in partnership with the World Bank’s PROBLUE Programme.

He said initiatives such as the Green Money Project are already empowering youth and women to engage in aquaculture through input support and training.

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Director-General of NIPSS, Professor Ayo Omotayo, reaffirmed the Institute’s commitment to supporting evidence-based policymaking that can help Nigeria achieve fish self-sufficiency. He said NIPSS would continue to work with the ministry to translate the outcomes of the round table into actionable strategies.

The two-day forum, which has experts, operators and other stakeholders in attendance, is expected to generate recommendations that will inform national policy and investment decisions aimed at boosting fish production, reducing imports, and promoting sustainable growth within Nigeria’s Blue Economy.

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Yusuf Babalola

Yusuf Babalola

Yusuf Babalola is a Senior Correspondent with Leadership Newspaper, specialising in maritime, aviation, transport, and economic reporting in Nigeria. He is recognised for well-researched stories that illuminate policy developments, industry challenges, and stakeholder perspectives across Nigeria's logistics, shipping, and aviation sectors. His reporting is noted for its clarity, balance, and commitment to professional journalistic standards.

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