Close Menu

    Subscribe to Updates

    Get the latest news as they happen

    What's Hot

    Stanbic IBTC, Anambra State Gov. Partner to Accelerate Growth, Trade Opportunities for South-East MSMEs

    August 5, 2026

    Dangote Refinery Lowers Fuel, Diesel Prices

    August 5, 2026

    Reason For Freezing Osun Government Accounts ~ EFCC

    August 5, 2026
    Facebook X (Twitter) Instagram
    Megastar Magazine
    • Politics

      INEC’s Credentials Publication Calls For Fresh Debate Over Tinubu’s School Results

      August 3, 2026

      Credentials Of 2027 Presidential Candidates From INEC

      August 2, 2026

      Parties Leaders Sign Peace Accord for Peaceful Conduct During Osun 2026 Gubernatorial Election

      July 31, 2026

      INEC Dismisses Rumour Over Election Timetable Change

      July 29, 2026

      Kashim Shettima Will Run 2027 Election With Tinubu For Second Term Bid

      July 10, 2026
    • Entertainment
      1. People
      2. Events
      3. Fashion
      Featured
      Entertainment August 5, 2026

      Important Facts To Know About Late Actress Osoba

      Recent

      Important Facts To Know About Late Actress Osoba

      August 5, 2026

      Charles Okocha Dismisses Biting Portable in Boxing Contest

      August 5, 2026

      Mistaken Identity Causes Area Boys to Attack Ayra Starr’s Sister, Damage Car

      August 4, 2026
    • Business

      BUA Foods Posts N292bn as H1 Profit Despite Revenue Decline

      July 31, 2026

      Viral N2.5m Monthly Corn Business Earning Dismissed From Source

      July 8, 2026

      Consumer Credit Falls to N3.03tn, Shortage of N780bn Caused by High Rates

      June 30, 2026

      Remi Tinubu Says FG Also Support Pepper, Boole Sellers And Others. 

      June 30, 2026

      FirstBank Reiterates SME Backing To Drive Long-term Economic Growth

      June 29, 2026
    • Health

      LAWMA Assures Residents of Plan to Evacuate Refuse Heaps in Lagos

      July 29, 2026

      Ebola Precaution: Tinubu Approves N10bn Emergency Funding 

      June 10, 2026

      FG to Minimize Medical Equipment Imports, Unveils $1.2bn Reform Plan for Local Manufacturers

      June 4, 2026

      Ultra-processed foods may significantly increase heart disease risk

      May 17, 2026

      Ebola outbreak in Congo kills at least 80, spreads concern to Uganda

      May 17, 2026
    • Culture

      FCMB Reiterates Commitment for Ojude Oba as Key Driver of Heritage

      June 7, 2026

      Rite Foods Lightens Ojude Oba 2026, Refreshes Thousands

      June 2, 2026

      Ojude Oba 2026: Glo Rewards Age Grades, Horse Riders. 

      May 30, 2026

      FCMB Commends Ojude Oba’s Role In Strengthening Culture And Economy

      May 26, 2026

      Gov Adeleke Presents Staff of Office to Afilaka as Alatorin

      May 14, 2026
    • Lifestyle

      Benin Writers Society Explores The Theme Of Trust In Its Monthly Poetry Play Ground

      August 5, 2026

      King Ochacho Calls Peller’s ₦400m Mansion Gift ₦400-Worth, Small Money

      August 4, 2026

      Peller, Jarvis Finally Wed With Colourful Traditional Atmosphere In Lagos

      August 1, 2026

      Peller, Jarvis’ Wedding Honoured With Prettymike’s Medical Team’s Stunt

      August 1, 2026

      Adron Group Chairman Celebrates Business Icon Otunba Muraina Banjoko At 65

      July 29, 2026
    • Sports

      Lagos Satisfied To Host 2026 CAF Awards 

      August 4, 2026

      U20 AFCON Qualifiers: Flying Eagles Proceed to Semi-finals with 2-0 Defeat to Burkina Faso

      August 3, 2026

      Commonwealth Games: Nigeria Emerges Africa’s Best, Finishes 7th With 24 Medals

      August 3, 2026

      Super Falcons Edge Zambia 1-0, Revive WAFCON Campaign

      August 2, 2026

      Malawi Thrash Egypt 3-1 to Head WAFCON Group C

      August 1, 2026
    • Contact
    YouTube Facebook Instagram WhatsApp
    Megastar Magazine
    Home » FG Launches Digital Fish Import Licensing to Strengthen Local Aquaculture
    economy

    FG Launches Digital Fish Import Licensing to Strengthen Local Aquaculture

    Ifetayo AdeniyiBy Ifetayo AdeniyiFebruary 4, 20262 Mins Read
    Facebook Twitter Pinterest LinkedIn WhatsApp Reddit Tumblr Email Telegram
    Share
    Facebook Twitter WhatsApp Telegram Email

    Manny Ita

     

    The Federal Government has approved a digital system for fish import licensing as part of efforts to regulate imports and boost domestic fish production in Nigeria. The approval, disclosed in a statement signed by Bolaji Akinola, Special Adviser to the Minister of Marine and Blue Economy, was announced on Tuesday.
    The reform, endorsed by the Minister of Marine and Blue Economy, Adegboyega Oyetola, is aimed at modernising fisheries administration, increasing transparency, and supporting local aquaculture production.
    “The Honourable Minister of Marine and Blue Economy, His Excellency Dr Adegboyega Oyetola, CON, has approved the digitisation of Nigeria’s fish import licensing process in a landmark policy move aimed at enhancing transparency, efficiency and regulatory oversight within the nation’s fisheries sector,” the statement said.
    “The Minister has consequently directed the Department of Fisheries and Aquaculture to expedite action towards the swift implementation of the digital platform, signalling the Federal Government’s renewed commitment to modernising marine administration while strengthening domestic fish production capacity,” it added.
    The Ministry explained that the new digital system will replace the manual licensing process, streamline applications, reduce delays and duplication, and limit human interference in approvals. Only verified and registered importers will receive licences, which will also allow regulators to monitor import volumes in real time, identify supply gaps, and make data-driven policy decisions.
    Oyetola noted that the reform complements broader efforts to revitalise domestic fish production, attract investment in aquaculture, and reduce dependence on imported fish.
    The Federal Government, together with development partners, has launched several initiatives to support local aquaculture, including a N200 million FAO-backed financing scheme in 2025 to assist 40 fish farmers with between N2.5 million and N5 million each for scaling production. Other programmes target access to fish feed, hatcheries, technical training, and partnerships with international agencies to enhance private sector participation and productivity in the fisheries value chain.
    Nigeria currently imports approximately two million metric tonnes of fish annually, while domestic production falls short of demand, putting pressure on foreign exchange and local farmers. The aquaculture sector faces challenges including high feed costs, limited financing, weak cold-chain infrastructure, and inefficient distribution networks, which have constrained growth and scaling of local fish farming operations.
    The digital licensing reform is expected to tighten import controls, align approvals with national food security objectives, and complement ongoing efforts to increase local fish production.

    Economy
    Share. Facebook Twitter Pinterest LinkedIn WhatsApp Reddit Tumblr Email
    Previous ArticleInternational Breweries Returns to Profitability with N85.1 Billion Gain in 2025
    Next Article Nigerian Fintechs Outline Key Demands from CBN to Strengthen Sector Growth
    Ifetayo Adeniyi
    • Website

    Adeniyi Ifetayo Moses is an Entrepreneur, Award winning Celebrity journalist, Luxury and Lifestyle Reporter with Ben tv London and Publisher, Megastar Magazine. He has carved a niche for himself with over 15 years of experience in celebrity Journalism and Media PR.

    Related Posts

    Lifestyle June 24, 2026

    Nigeria: The Belly of the Beast

    Business June 8, 2026

    NDPC Partners Meta to Unveil Two-year Data Protection Initiative

    economy May 23, 2026

    African Capital Markets Urged to Back Creative Economy, Innovation Sectors

    economy May 18, 2026

    Tinubu Warns Debt Burden Is Choking Nigeria’s Development Spending

    News May 18, 2026

    Dangote Reassures Strengthening Food Security In Africa

    economy May 15, 2026

    Nigeria’s inflation rises to 15.69% in April 2026 as price pressures persist, NBS reports

    Leave A Reply Cancel Reply

    Don't Miss
    Banking & Finance August 5, 2026

    Stanbic IBTC, Anambra State Gov. Partner to Accelerate Growth, Trade Opportunities for South-East MSMEs

    Stanbic IBTC and Anambra State Government partner to accelerate growth and trade opportunities for South-East…

    Dangote Refinery Lowers Fuel, Diesel Prices

    August 5, 2026

    Reason For Freezing Osun Government Accounts ~ EFCC

    August 5, 2026

    Important Facts To Know About Late Actress Osoba

    August 5, 2026

    Subscribe to Updates

    Get the latest news as they happen

    Stay In Touch
    • Facebook
    • Twitter
    • Pinterest
    • Instagram
    Our Picks

    Mars E&P secures $274 million facility from AFREXIM Bank

    November 25, 2021

    AMPMAN congratulates Anambra Governor-Elect, Prof Charles Soludo

    November 14, 2021

    Late Capt. Hosa Immortalize As Keffi Polo Tournament Dedicates Trophy

    November 16, 2021
    New Comments
    • Anozie okolo on Supreme Court Affirms President Tinubu’s Victory As Atiku, Peter Obi Lose
    • Mc richman on Nigeria and South African Music histories
    • Moses Ibrahim on Olu of Warri: Pictorial @ The Ogiame Atuwatse III Economic Summit.
    • Sen Rich Kay on MALARIA ERADICATION: Prince Ned Nwoko & NMEP Meet for joint action.
    Megastar Magazine
    YouTube Facebook WhatsApp Instagram
    • Privacy Policy
    • Terms of Use
    • Contact Us
    © 2026 Megastar Magazine. Designed by MANNDI

    Type above and press Enter to search. Press Esc to cancel.