Minister of Marine and Blue Economy, Adegboyega Oyetola, has revealed that beyond cutting the nation’s heavy reliance on fish imports, the Federal Government (FG) is developing strategies to penetrate international markets through large-scale aquaculture, modern fish processing facilities, and compliance with global quality standards.
“Our goal is not just to explore the waters, but to manage them responsibly, ensuring that the benefits extend to every Nigerian, now and for generations to come,” Oyetola said on Thursday during a meeting with a visiting World Bank delegation in Abuja.
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“This policy is historic. It is the first of its kind, and it provides a comprehensive framework for sustainable exploitation, conservation, and governance of our marine and coastal assets.”
The World Bank, led by senior specialist Gladys Fajomu, pledged to work with Nigeria in enhancing export readiness, including capacity building for producers, investment in cold chain infrastructure, and support for certification processes that meet European Union and Asian market requirements.
