Report: Nigeria loses $600m annually to illegal fishing
September 16, 2019
11:32 am
Nigeria is losing $600 million annually to illegal and unreported fishing by foreign vessels as a result of lack of equipment such as Automatic Identification System (AIS) and Vessel Monitoring System (VMS), and adequate manpower to police the country’s vast coastline, THISDAY’s investigation has revealed.
THISDAY gathered that the country also spends $800 million annually on fish importation, being the fourth largest importer of fish in the world, after China, Japan and the United States.
Nigeria imports frozen fish varieties, including mackerel (locally called Titus or alaran), herrings (locally called shawa), horse mackerel (locally called kote), blue whiting (locally called
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