Illegal fishing threatening prospects of blue economy

Malaysia News News

Illegal fishing threatening prospects of blue economy
Malaysia Latest News,Malaysia Headlines
  • 📰 TheNationNews
  • ⏱ Reading Time:
  • 94 sec. here
  • 3 min. at publisher
  • 📊 Quality Score:
  • News: 41%
  • Publisher: 69%

The Nation Newspaper Illegal fishing threatening prospects of blue economy

Illegal fishing on the nation’s territorial waters and the high seas is adversely affecting the economy. In this report,looks at the negative and harmful impacts of illegitimate fishing in the light of the government’s economic rejuvenation agenda.

For over three decades, stakeholders in the sector had advocated the creation of a separate ministry to oversee the affairs of the maritime industry like that of aviation. But the advocacy, they said, fell on deaf ears until Tinubu assumed duties and saw the reason to create the special purpose ministry to drive the economy and job creation.

For example, the Federal Government had explained that the country’s fish production stood at 0.8 million metric tonnes as local demand was 3.5 million tonnes yearlly; with a deficit of 2.7 million tonnes, noting that $1.2 billion worth of fish was imported yearly. An IUU fishing refers to illegal fishing. It is against the rules and regulations that are in place for that jurisdiction or region. Unreported fish mens catches that are not reported or not reported correctly to the appropriate authorities.Unregulated fishing: This is the fishing taking place by vessels without nationality, or in areas without any agreed rules or regulations being agreed to by the country or jurisdiction of the fisher.

Operators said there is a steady decline in nation’s local catch and production of fish. According to an expert, Fisayo Atanda, “in 1983, domestic production of fish was predicted to be between 600,000 and 700,000 tons, but now local cash has dropped to 441,337, which is not in the interest of the government and the people living across the country’’.

Also, Montgomery expressed the government’s desire to partner the Federal Government to tackle the challenge of illegal fishing. Prior to this, China had offered to cooperate in creating a regional framework in West Africa for constructive engagement with stakeholders to facilitate information sharing in fisheries management, with a particular focus on the operations of foreign-owned fishing vessels and companies in West Africa.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

TheNationNews /  🏆 6. in NG

Malaysia Latest News, Malaysia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Bishop Kukah for First News newspaper lectureBishop Kukah for First News newspaper lectureThe Nation Newspaper Bishop Kukah for First News newspaper lecture
Read more »

Level of people’s ungratefulness alarming – Davido speaks amid debt crisisLevel of people’s ungratefulness alarming – Davido speaks amid debt crisisThe Nation Newspaper Level of people’s ungratefulness alarming - Davido speaks amid debt crisis
Read more »

Pere a gamer, Mercy a cunning woman – BBNaija’s SomaPere a gamer, Mercy a cunning woman – BBNaija’s SomaThe Nation Newspaper Pere a gamer, Mercy a cunning woman - BBNaija's Soma
Read more »

Unpaid royalties: Peruzzi blasts Dammy Krane over release of diss track on DavidoUnpaid royalties: Peruzzi blasts Dammy Krane over release of diss track on DavidoThe Nation Newspaper Unpaid royalties: Peruzzi blasts Dammy Krane over release of diss track on Davido
Read more »

Don’t involve me in your dispute with Davido, Phyna tells Dammy KraneDon’t involve me in your dispute with Davido, Phyna tells Dammy KraneThe Nation Newspaper Don’t involve me in your dispute with Davido, Phyna tells Dammy Krane
Read more »

BREAKING: Ohinoyi of Ebiraland dies at 94BREAKING: Ohinoyi of Ebiraland dies at 94The Nation Newspaper BREAKING: Ohinoyi of Ebiraland dies at 94
Read more »



Render Time: 2025-04-23 23:25:16