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Fishing industry capable of surpassing oil sector if harnessed, says Oyetola

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Gboyega Oyetola, minister of marine and blue economy, says the fishing industry can surpass the oil sector if properly harnessed.NAN reports that the minister was represented at the event by Oloruntola Olufemi, permanent secretary in the ministry.Advertisement

“Fisheries and aquaculture is a key component of the marine and blue economy which is the focus of the ministry’s action plan,” he said. “Moving forward, we will consolidate the insights gained and begin implementing action plans to address the key priorities identified during our meetings,” he added.

He identified demand and supply as the challenges facing the industry, adding that the government is working towards creating an enabling environment for stakeholders.Ben Okonkwo, president of the Fishing Trawlers Association of Nigeria , said the fisheries sub-sector was operating with a turnover of 80 to 100 million dollars per annum.

 

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Fishing industry can surpass oil sector with proper harnessing – Marine minister, OyetolaThe Minister of Marine and Blue Economy, Mr Adegboyega Oyetola, has said the nation’s fishing industry can take from the oil sector.
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