Close Menu
Chronicle NG
    Trending Stories
    Mourinho to return as Real Madrid coach after unbeaten run at Benfica

    Mourinho agrees Real Madrid return

    May 18, 2026
    Mourinho to return as Real Madrid coach after unbeaten run at Benfica

    Mourinho to return as Real Madrid coach after unbeaten run at Benfica

    May 18, 2026
    Alex Otti at a public event as Labour Party announces 2026 primary election timetable and nomination fees

    Otti, Labour Party reject Abure’s 2027 nomination forms sale

    May 18, 2026
    Facebook X (Twitter) Instagram
    Trending
    • Mourinho agrees Real Madrid return
    • Mourinho to return as Real Madrid coach after unbeaten run at Benfica
    • Otti, Labour Party reject Abure’s 2027 nomination forms sale
    • Senate condemns Oyo abduction, demands immediate action
    • Makinde confirms seven teachers abducted, one killed in Oyo
    • Oyo principal, nursing mother cry for help in kidnappers den
    • IGP visits Oyo communities after school attack, orders intensified rescue operations
    • Nigeria denies US ground troop role in killing of ISIS leader Al-Minuki
    Facebook X (Twitter) Instagram
    Chronicle NGChronicle NG
    Subscribe
    Monday, May 18
    • News
      • Nigeria News
      • World News
      • Headlines News
    • Politics
    • Business
    • Sport
    • Entertainment
    • Contact Us
    Chronicle NG

    Nigeria spends $1.2bn importing fish – CBN

    Chronicle EditorBy Chronicle EditorSeptember 20, 2019No Comments2 Mins Read
    Facebook Twitter Telegram WhatsApp
    Federal Government has agreed that markets in Lagos, FCT and Abuja be opened for four hours
    Federal Government has agreed that markets in Lagos, FCT and Abuja be opened for four hours
    Facebook Twitter WhatsApp

    The Governor of Central Bank of Nigeria (CBN), Mr Godwin Emefiele says about 1.2 billion dollars worth of fish is imported into this country annually.

    Emefiele disclosed this in a meeting while briefing some state Governors and the media on the feat recorded so far in agriculture for economic growth, in Abuja on Thursday.

    He explained that current fish production stood at 0.8 million tons while the demand was 2.7 million tons, giving a deficit of 1.9 million tons.

    He said the apex bank’s current initiative was to engage the coastal state governors to develop the blue economy to address the deficit of 1.9 metric tons as well as eradicate the huge import bill for fish.

    According to him, this is a very huge economic opportunity for the states to create an enabling environment for investors.

    In a similar development, the governor said that major innovation to deepen the poultry business was the recent partnership between the bank and tertiary institutions to pilot the “The University – Based Poultry Production Programme” in twelve 12 universities across the six geo-political zones.

    He added that with objective of not only building future agripreneurs but making the universities able to improve their internally generated revenue.

    READ: VIDEO: Confession of a Nigerian serial killer

    “For the pilot phase, five Nigerian Universities, namely; Ahmadu Bello University (ABU), Zaria, Federal University of Agriculture Abeokuta (FUNAAB), Rivers State University, Port Harcourt, University of Nigeria, Nsukka and University of Ilorin were enrolled.

    “These Universities have submitted revised proposal to their respective sponsoring banks,” he said.

    NAN reports that Governors of Ekiti, Adamawa, Lagos, Ogun, Benue, Zamfara, Kebbi, Jigawa, Sokoto, Bauchi, Gombe, Katsina, Anambra, Imo, Edo, and Borno states attended the meeting.

    Share. Facebook Twitter Telegram WhatsApp

    Keep Reading

    Alex Otti at a public event as Labour Party announces 2026 primary election timetable and nomination fees

    Otti, Labour Party reject Abure’s 2027 nomination forms sale

    The Senate Committee on Diaspora and Non-Governmental Organisations has voiced alarm about the growing trend of Nigerians travelling abroad

    Senate condemns Oyo abduction, demands immediate action

    Seyi Makinde addressing supporters during the PDP–APM Alliance rally in Ibadan where he declared his 2027 presidential ambition.

    Makinde confirms seven teachers abducted, one killed in Oyo

    Principal of Community High School, Esinele, appeals for help in a viral video after gunmen abducted teachers and students in Oyo State

    Oyo principal, nursing mother cry for help in kidnappers den

    IGP Olatunji Disu meeting security officials and residents in Oriire, Oyo State, after a deadly school attack and abductions.

    IGP visits Oyo communities after school attack, orders intensified rescue operations

    Nigerian troops during counter-terrorism operations in Borno State after the killing of ISIS commander Abu Bilal Al-Minuki.

    Nigeria denies US ground troop role in killing of ISIS leader Al-Minuki

    Subscribe to News

    Be the first to get the latest news updates from ChronicleNG about world, sports, politics etc

    Mourinho to return as Real Madrid coach after unbeaten run at Benfica

    Mourinho agrees Real Madrid return

    May 18, 2026
    Mourinho to return as Real Madrid coach after unbeaten run at Benfica

    Mourinho to return as Real Madrid coach after unbeaten run at Benfica

    May 18, 2026
    Alex Otti at a public event as Labour Party announces 2026 primary election timetable and nomination fees

    Otti, Labour Party reject Abure’s 2027 nomination forms sale

    May 18, 2026
    The Senate Committee on Diaspora and Non-Governmental Organisations has voiced alarm about the growing trend of Nigerians travelling abroad

    Senate condemns Oyo abduction, demands immediate action

    May 18, 2026
    Seyi Makinde addressing supporters during the PDP–APM Alliance rally in Ibadan where he declared his 2027 presidential ambition.

    Makinde confirms seven teachers abducted, one killed in Oyo

    May 18, 2026
    Facebook X (Twitter) Instagram
    • Politics
    • News
    • Sports
    • Business
    • About Us
    © 2026 ChronicleNG

    Type above and press Enter to search. Press Esc to cancel.