In 2014 Nigeria begun the implementation of a new import quota regime for fish led by then Minister for Agriculture Adesina Akinwunmi
The aim was to stimulate the country to become self-sufficient in fish production over the next four years through a 25 per cent annual fish import cut. An annual baseline fish import figure was set at 700,000 tons for 2014 which reduces the allowable quantity of imported fish to 500,000 tons for the year. Fast forward to 2020 The federal government has announced plans to end fish importation by 2022 and have asked fish importers to consider producing fish locally. What does this mean for the Fish farming and processing industry?
An estimated over 12 million Nigerians are actively engaged in primary fish production, and the contribution of fisheries to the national Gross Domestic Products is about 4.5 per cent as at today.
Again, given this direction, what will the importation ban mean for smallholder-farmers?
What intervention schemes are necessary to boost the industry?
- Availability to funds
- Adequate space/location
- Access to Quality input
- Access to Market
What other provisions are necessary to be implemented before the ban?
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