• Hausa Edition
  • Podcast
  • Conferences
  • LeVogue Magazine
  • Business News
  • Print Advert Rates
  • Online Advert Rates
  • Contact Us
Thursday, July 17, 2025
Leadership Newspapers
Read in Hausa
  • Home
  • News
  • Politics
  • Business
  • Sport
  • Health
  • Entertainment
  • Opinion
    • Editorial
  • Columns
  • Football
  • Others
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us
No Result
View All Result
  • Home
  • News
  • Politics
  • Business
  • Sport
  • Health
  • Entertainment
  • Opinion
    • Editorial
  • Columns
  • Football
  • Others
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us
No Result
View All Result
Leadership Newspapers
No Result
View All Result

Oyetola Unveils Local Production Plan To End Fish Importation

by Yusuf Babalola
3 hours ago
in Business
Oyetola
Share on WhatsAppShare on FacebookShare on XTelegram

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

Advertisement

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 import dependency, 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 Practicing Farmers Association of Nigeria.

RELATED

Naira Swap: Sterling Bank Sets Record Straight On N258m ‘Discovery’

Recapitalisation: Sterling Bank Targets $400m Fresh Capital To Meet CBN Deadline

2 hours ago
AfDB, SEC Sign $978,000 Capital Market Surveillance Project

AfDB, FG, Partners Unveil $263.8m Infrastructure Project To Develop Abia

3 hours ago

Oyetola announced that the ministry was 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.

Permanent secretary of the ministry, 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, 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 shortly.


We’ve got the edge. Get real-time reports, breaking scoops, and exclusive angles delivered straight to your phone. Don’t settle for stale news. Join LEADERSHIP NEWS on WhatsApp for 24/7 updates →

Join Our WhatsApp Channel



Tags: Fish FarmingGboyega Oyetola
SendShareTweetShare
Previous Post

AAAN Drives Transformation With Focus On Innovation, Leadership

Next Post

LCCI Advocates Collaborative Approach To Unlock Nigeria’s Economic Potential

Yusuf Babalola

Yusuf Babalola

You May Like

Naira Swap: Sterling Bank Sets Record Straight On N258m ‘Discovery’
Business

Recapitalisation: Sterling Bank Targets $400m Fresh Capital To Meet CBN Deadline

2025/07/17
AfDB, SEC Sign $978,000 Capital Market Surveillance Project
Business

AfDB, FG, Partners Unveil $263.8m Infrastructure Project To Develop Abia

2025/07/17
Large-cap Stock Drives Local Bourse To N180bn Gains
Business

All-Share Index Crosses 128,000 Points As Investors Gain N1.44trn

2025/07/17
NLNG, LCCI Promote Sustainable Food Security
Business

LCCI Advocates Collaborative Approach To Unlock Nigeria’s Economic Potential

2025/07/17
AAAN Drives Transformation With Focus On Innovation, Leadership
Business

AAAN Drives Transformation With Focus On Innovation, Leadership

2025/07/17
NIMR Faces Power Outage Over ₦38m Debt
Business

Raise Grid Electricity To 8500MW In 1 Year, Federal Gov’t Orders NISO

2025/07/17
Leadership Conference advertisement

LATEST

Olopade Commits To Supporting Nigerian Young Talents

Wikki Tourists FC Fined N3.75m For Unruly Conduct At NNL Super 8 Final

NCF Launches Health Insurance Scheme For Staff, Players

North Central Zonal Championship To Bridge Table Tennis Gap In Nigeria

Gombe State University Matriculates Over 200 Pioneer Students At Newly Established Dukku Campus

Edo: Uhunmwode LG Poised For Economic Rebirth

2027: Group Decries Attempts To Cause Rift Between Tinubu, Shettima

Olubadan-Designate Ladoja Tasks Residents, Traditional Rulers On Peaceful Coexistence

Sokoto Mobilises For Measles-Rubella Vaccination

Insecurity: Kwara Govt Recertifies 12 Motor Parks

© 2025 Leadership Media Group - All Rights Reserved.

No Result
View All Result
  • Home
  • News
  • Politics
  • Business
  • Sport
  • Health
  • Entertainment
  • Opinion
    • Editorial
  • Columns
  • Football
  • Others
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us

© 2025 Leadership Media Group - All Rights Reserved.