The Federal Government of Nigeria is aiming to significantly reduce the country’s fish import bill of N138 billion by empowering women and youths in the fishing sector.
This strategy is part of broader efforts to boost local fish production and reduce reliance on imports.
- High import bill: Nigeria currently imports about 2.4 million metric tones of frozen fish annually.
- Gender inclusion: The government believes that empowering women and youths can enhance fish production and reduce imports.
- Potential benefits: Increased local fish production, job creation, and foreign exchange savings.
By investing in training, technology, and infrastructure for women and young people in the fishing industry, the government hopes to create a more sustainable and self-sufficient fish value chain in Nigeria.