NIGERIA CAN SAVE US$800m FROM FISH IMPORTATION.

NIGERIA CAN SAVE US$800m FROM FISH IMPORTATION.

Nigeria can save US $800m (N288 billion) yearly from fish importation if the ocean resources are tapped. Research shows that Nigeria can save US $800m from the money spent on fish importation yearly. This will be possible if the nation’s deep ocean resources are developed and utilized. The Director/Head, Fisheries Resources Department, Nigeria Institute for Oceanography and Marine Research, Dr. Parcy Ochuko Obatola, said Nigeria is naturally endowed with a lot of marine resources. These…

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