Mr. Adesina said this in Ado-Ekiti at the launch of the Special Growth Enhancement Support (GES) scheme for Fisheries and Aquaculture value chain.
He, however, said that the ban would be imposed only if arrangements being put in place by the government worked as planned.
The minister, represented at the occasion by the Federal Director of Fisheries, Foluke Areola, stressed that Nigeria had no business importing fish given its huge natural and renewable resources.
He said it was in view of this that the ministry was promoting increased fish production through the Aquaculture Value Chain.
“The Value Chains are to create an enabling environment for increased and sustainable production of over one million tons of fish within the next four years, will generate employment and pursue gradual reduction of fish imports,” he said.
Mr. Adesina said the Aquaculture Value Chain, under the four- year implementation plan, would increase the annual production of fingerlings in the country by 1.25 billion tonnes.
He said it would also produce 400,000 tonnes of fish feed, generate additional 250,000 tons of table fish and 100,000 tonnes of Value Added fish products.
“Fish farming is a business venture with lots of potential investment opportunities and a veritable tool for increased fish production, poverty alleviation and sustainable livelihoods,” the minister said.
The minister noted that the Aquaculture Value Chain had already been included in the Growth Enhancement Support (GES) scheme for 2013.
Under the scheme, inputs such as fish and other sea foods would be distributed to many Nigerian fish farmers, he said.
The minister commended President Goodluck Jonathan’s initiative in transforming agriculture into a serious business venture as well as in ensuring adequate food security for Nigerians.
He announced that in an effort by government to protect local fish farmers operating in the country, measures had been put in place to curb illegal importation of fish.
Mr. Adesina said that the ministry was collaborating with officers and men of the Nigeria Customs Service in this regard, adding that the Federal Department of Fisheries had also been directed to ensure the stoppage of importation of the banned fish inputs.
In his speech, Governor Kayode Fayemi, who was represented by the Secretary to the State Government, Ganiyu Owolabi, thanked the Federal Government for its benevolence.
He said the state government would support its policies and programmes on agriculture.
(seafood.vasep.com.vn) Although Germany’s tuna imports have declined, Vietnam’s tuna exports to the market continue to show positive signs. Notably, export value recovered strongly in Q3/2026, and German import data also show Vietnamese products strengthening their position amid competition among suppliers.
(seafood.vasep.com.vn) Seafood exports are holding double-digit growth, but the opportunities are not spread evenly across product groups and markets. As businesses draw up their plans for 2027, Vietnam Seafood Summit 2026 (VSS2026) offers a chance to look ahead together: what to sell, where to sell it, and how to prepare for growth in the coming years.
(seafood.vasep.com.vn) With less than two weeks to go, the Vietnam Seafood Summit 2026 (VSS 2026) will officially take place in Can Tho. Under the theme “Seafood Market Outlook 2027–2029 – Opportunities and Potential for Double-Digit Export Growth,” the Summit is organized by VASEP at a time when seafood businesses are facing rapid market shifts, changing buyer demand, trade policy changes and growing competitive pressure all at once.
(seafood.vasep.com.vn) On October 28, 2026, the China Fisheries & Seafood Expo opened in Qingdao, China. The expo takes place over three days from October 28 to 30, 2026. This is a prestigious specialized seafood exhibition organized annually by Sea Fare Exposition Inc.
(vasep.com.vn) In the first nine months of 2026, Vietnam’s tilapia exports to the CPTPP bloc reached $7 million, marking a 51% year-on-year increase. The bloc rstands as the fourth-largest market for Vietnamese tilapia, trailing Brazil, the US, and Saudi Arabia.
(vasep.com.vn) VASEP has officially announced the program for Vietnam Seafood Summit 2026 (VSS 2026), featuring five in-depth sessions covering industry outlooks, trade barriers, buyer demand, the domestic market, and solutions to improve productivity and reduce costs across the seafood value chain.
(vasep.com.vn) Vietnam’s shrimp exports reached US$3.7 billion in the first nine months of 2026, up 11% year on year. Although growth has been supported by China and several markets within the CPTPP, momentum is slowing as exports to the United States and the European Union decline. Tariff pressures, international competition, and raw material challenges are creating significant hurdles for exporters in the final months of the year.
(vasep.com.vn) Markets are changing faster, buyer requirements are becoming more demanding, and trade barriers are growing increasingly complex. In this environment, seafood businesses need more than an understanding of current market conditions. They need a longer-term perspective to answer a critical question: Where will growth opportunities come from in 2027–2029, and what should businesses do now to prepare? This is one of the key reasons why VASEP is organizing Vietnam Seafood Summit 2026.
(vasep.com.vn) In the first eight months of 2026, Vietnam’s pangasius exports to the Middle East reached US$113 million, up 7% year on year from the same period in 2025. Growth has become more pronounced in recent months. In August alone, exports to the region totaled US$20 million, an increase of 24%. This indicates that demand for Vietnamese pangasius in the Middle East is gradually recovering after a slowdown in March, although the pace of recovery varies across markets.
(vasep.com.vn) China’s shrimp imports continued to grow strongly in 2026, while Vietnam’s shrimp exports to the market also recorded notable growth. However, behind these positive figures lie two distinct trends: Chinese consumption is growing more slowly than imports, and lobster accounts for a substantial share of Vietnam’s shrimp exports to China, making its product mix significantly different from those of Ecuador and India. Exporters therefore need to assess each segment carefully to understand the opportunities and risks.
VASEP - HIỆP HỘI CHẾ BIẾN VÀ XUẤT KHẨU THỦY SẢN VIỆT NAM
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