Reps Worry Over Nigeria’s $70m Annual Loss To Illegal Fishing

4 years ago
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The House of Representatives has said that Nigeria loses a whopping sum of 70 million (USD) annually to Chinese and other European Trawlers due to illegal fishing activities in the nations waters a
It also resolved to bring to an end incidence of illegal fishing activities by foreign vessels on Nigeria’s territorial waters.
At its plenary session,the House mandated  its committee on Agriculture and Services to investigate the matter and revert in three weeks.
The resolutions also urged the Federal Ministry of Agriculture and Natural Resources, the Nigerian Navy and the
Nigerian Maritime Administration and Safety Agency (NIMASA) to put measures in place to curb illegal fishing activities on Nigeria’s waters.
The House also urged the Federal Government to review its licensing policy that tends to favour foreign
trawlers at the expense of their local counterparts and encourage indigenous investments into this agricultural sector.
It further called on the Federal Government to prevail on the Gulf of Guinea Commission to urgently introduce a legally binding framework to check excessive fishing or overfishing in the region
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