Business
Association Decries Tilapia’s Exemption From Import Prohibition List
The Tilapia and Aquaculture Developers Association of Nigeria (TADAN) yesterday decried the exemption of Tilapia, a farmed fish species, from the Federal Government’s import prohibition list.
The association’s National President, Mr Remi Ahmed, expressed the association’s displeasure with list in an interview with The Tide’s source in Lagos.
Ahmed said that the omission from the official prohibition list by the Nigeria Customs Service (NCS) would send a negative signal to the international community.
He said the Nigerian Tilapia farming model was currently being appreciated globally and this would mean unregulated importation of the commodity to retard local production.
“This is coming when the international community is happy with the level of work done in Nigeria’s Tilapia sub-sector.
“Within the short period Tilapia was introduced to Nigeria, we have been able to develop and produce Tilapia feed within the country that is better than the ones used in most African countries.
“Let government stop importation of Tilapia into the country because afterwards, the smuggled Tilapia will not allow local producers to get ready-made markets.
“Restriction of Tilapia importation is not even enough, we want an outright ban because we are producing a lot and we can meet the Tilapia deficit if given the right playing field, ” Ahmed said.
The president also told The Tide’s source that he had over 10 tonnes of farmed Tilapia stored in cold rooms because the smuggled ones were crashing the market price, making it seem like locally produced ones were expensive.
On Tilapia production in Nigeria, Ahmed said that there were bigger farmers across the country and this development would chase entrants and discourage current producers in the long run.
“I have nothing less than 10 tonnes of Tilapia waiting for delivery and I am one of the smallest producers, there is Ejide Farms and others, our fishes are staying too long with us.
“Some of us have invested so much money in the facilities where we farm Tilapia, so, do we remove them now and start doing what? The cost of power and others are serious challenges, so this is not encouraging.
“These importers of the commodity are enjoying grants and other incentives from their countries which is why when the fish is brought here it is very cheap.
“Here, we do not have any sort of support from government, and this is the height of it,” he said.
Ahmed said that in 2017, the NCS intercepted a 40-foot container containing Tilapia and during the briefing informed Nigerians that Tilapia was banned.
Contributing, the Vice-President of TADAN, Mr Nurudeen Tiamiu, told the source that the government should collaborate real stakeholders in the sector to fashion out a roadmap to develop farmed fish in the country.
Tiamiu said that the aquaculture sector had been besieged by people who were not known fish farmers, making and taking decisions on behalf of the real time producers.
Tiamiu said: “I see no reason why the Ministry of Finance is making policies on fish import, while the Ministry of Agriculture is not doing anything for stakeholders.
“We have a bunch of stakeholders, you have not met with them and have not seen their capabilities in production and that means the Nigerian government do not understand the issues to be addressed when it comes to food safety.
“We do not even know the quantity of Tilapia needed for consumption, we only know that we have 15 million metric tonnes of fish deficit”, he said
Business
Agency Gives Insight Into Its Inspection, Monitoring Operations
Business
BVN Enrolments Rise 6% To 67.8m In 2025 — NIBSS
The Nigeria Inter-Bank Settlement System (NIBSS) has said that Bank Verification Number (BVN) enrolments rose by 6.8 per cent year-on-year to 67.8 million as at December 2025, up from 63.5 million recorded in the corresponding period of 2024.
In a statement published on its website, NIBSS attributed the growth to stronger policy enforcement by the Central Bank of Nigeria (CBN) and the expansion of diaspora enrolment initiatives.
NIBSS noted that the expansion reinforces the BVN system’s central role in Nigeria’s financial inclusion drive and digital identity framework.
Another major driver, the statement said, was the rollout of the Non-Resident Bank Verification Number (NRBVN) initiative, which allows Nigerians in the diaspora to obtain a BVN remotely without physical presence in the country.
A five-year analysis by NIBSS showed consistent growth in BVN enrolments, rising from 51.9 million in 2021 to 56.0 million in 2022, 60.1 million in 2023, 63.5 million in 2024 and 67.8 million by December 2025. The steady increase reflects stronger compliance with biometric identity requirements and improved coverage of the national banking identity system.
However, NIBSS noted that BVN enrolments still lag the total number of active bank accounts, which exceeded 320 million as of March 2025.
The gap, it explained, is largely due to multiple bank accounts linked to single BVNs, as well as customers yet to complete enrolment, despite the progress recorded.
Business
AFAN Unveils Plans To Boost Food Production In 2026
-
Politics4 days agoEFCC Alleges Blackmail Plot By Opposition Politicians
-
Business4 days ago
AFAN Unveils Plans To Boost Food Production In 2026
-
Sports4 days agoJ And T Dynasty Set To Move Players To Europe
-
Politics4 days ago
Datti Baba-Ahmed Reaffirms Loyalty To LP, Forecloses Joining ADC
-
Business4 days ago
Industrialism, Agriculture To End Food Imports, ex-AfDB Adviser Tells FG
-
Politics4 days ago
Bayelsa APC Endorses Tinubu For Second Term
-
Business4 days ago
Cashew Industry Can Generate $10bn Annually- Association
-
Entertainment4 days agoAdekunle Gold, Simi Welcome Twin Babies
