Nigeria, West Africa Lose Over $1.3 Billion Yearly On Illegal Fisheries Business - Prof. Fafioye - THE ENCOUNTER NEWS

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Wednesday, June 12, 2019

Nigeria, West Africa Lose Over $1.3 Billion Yearly On Illegal Fisheries Business - Prof. Fafioye

Prof. Oyebamiji Fafioye

Michael-Azeez Ogunsiji
ABEOKUTA - An environmental biologist, Prof. Oyebamiji Fafioye, on Tuesday decried the loss of over $1.3billion on illegal unreported and unregulated fishing business by Nigeria and her West Africa States.

Prof. Fafioye who delivered the 89th Inaugural lecture of the Olabisi Onabanjo University, Ago-Iwoye, Ogun State on " Fish and Water: The Conjoined Twin Resources for Healthy Human Living and Viable Environment ", disclosed that Nigeria and other West African countries lost 1.3 billion dollars to unreported as well as unregulated fishing yearly.

According to him, the legal and regulatory framework must be tightened in order to stop the losses.

The University don revealed that statistics showed that the Pan-African fish trade is worth 20 billion Euros, hence, efforts must be intensified to promote intra-African trade in fisheries in the region.

This, he explained would help to sustain African economies in the long term. 

He however cautioned Nigerians on unhealthy  regular consumption of smoke fish, saying it is dangerous to their health.

His words: " Sustainable development of the local fisheries sector has the capacity to improve food security and lift people out of poverty and hunger through provision of jobs for millions of people, including women and youths. "

" Illegal unreported and unregulated fishing leads to a loss of over 1.3 billion dollars in West Africa alone, yearly. To this end, the legal and regulatory framework has to be tightened in order to stop these losses".

The university Don equally applauded President Muhammadu Buhari - led Federal Government for declaring June 12  a public holiday in memory of late politician, Moshood Kashimawo Olawale Abiola and the annulled June 12, 1993 Presidential election.

The decision, according to Prof. Fafioye was a right thing, insisting that the move was a plus for the current federal government.

His words: " Honestly, declaring June 12 as a Democracy Day is a good thing for President Muhammadu Buhari led federal government". 

"Let me tell you ( journalists) the decision  is a plus for the government of the day".

Going down memory lane, Fafioye who disclosed that the late Abiola sponsored his fellowship programme, urged governments, well meaning Nigerians to establish a foundation that would cater for fellowship programmes in terms of funding of lecturers. as a way of motivating them.

The University don lamented the high cost of fellowship programmes, insisting that the funding would serve as a way of motivating them. 

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