Business
Nigeria Loses $70m To Illegal Fishing – Reps

The House of Representatives has expressed worry that Nigeria loses $70 million yearly to Chinese and other European trawlers due to illegal fishing in the nation’s waters as observed by the Nigerian Navy in 2017.
As a result, the House 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.
The House was concerned that illegal and unregulated fishing undermines the economy, poses a security threat to the nation’s territorial waters, degrades the coastal communities and renders artisan fishermen redundant.
It 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 urged 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.
The Committee on Agricultural Production and Services was mandated to investigate the matter and report back within three weeks for further legislative action.
These resolutions followed a motion on the need to curb fishing by foreign vessels on Nigeria’s territorial waters by Hon. Patrick Ifon, on Wednesday.
The House noted that despite the fact that Nigeria was a nation with a large coastal area rich in marine species, over half of the fish it consumed were imported from China and the Netherlands.
It said it was aware that Nigeria was the fourth largest importer of fish in the world with about two million metric tons per annum for an estimated population of over 200 million people.
The House was worried that despite Nigeria’s non-fishing agreement and arrangements with distant nations such as China and the European Union, illegal fishing on Nigeria’s waters persisted due to bilateral agreements with the nearby country of Sao Tome and Principe.
It frowned at the Overseas Development Institute’s Report of 2018 which said that illegal fishing boats from China, Netherlands and Spain operating in the Country’s territorial waters commonly transferred catches from their trawlers into container and cargo vessels on the high seas, thereby flouting quota regulations.
The House was also concerned that the Gulf of Guinea Commission, which was established in 2001, to check issues bordering on fisheries beyond 20 nautical miles of each member nation is yet to come up with a legally binding framework to tackle illegal fishing activities.
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