The Minister of Marine and Blue Economy, Mr Adegboyega Oyetola, has said the nation’s fishing industry can take from the oil sector if properly harnessed.
Oyetola said that the meeting was to collectively chart the course in achieving sustainable development in the Marine and Blue Economy, as well as deepening the rapport between the government and the stakeholders in the fishing trawlers business. “Fisheries and aquaculture is a key component of the Marine and Blue Economy which is the focus of the ministry action plan.
The President of the Fishing Trawlers Association of Nigeria , Mrs Ben Okonkwo, said the nation’s fisheries sub-sector was operating with a turnover of between 80 million dollars to 100 million dollars business per annum.“The association started with a new Menvera company, which later increased the number to 25 companies.
“Automobile Gas Oil costs almost N1,450 per litre and when our vessel goes for about 50 days. We sailed our vessels using between N30 million to 35 million before now.