Nigeria Others Lose $2Billion Annually on Illegal Fishing

The Gulf of Guinea (GGC) Commission, this Monday, condemned the careless utilisation of our ocean resources, even as it decried the continued loss of about $2 billion yearly to illegal/unregulated fishing in the territory.

The Gulf of Guinea Commission (Also called GOG) comprises of Angola, Congo, Gabon, Nigeria, Sao Tome, Principe, Cameroun and Democratic Republic of Congo.

These bodies agreed to tackle the issues affecting the possible outcome of the resources expected from the blue economy. The truth is that, if there continues to be no regulation on the water bodies there could be more future potential loss.

Mrs Florentina Adenike Ukonga the Executive Secretary of GGC said: “There is strong evidence that major ocean assets have been in steady decline for many years, many of the living marine resources are in serious decline as a result of human activities at sea, and there have not been any serious sustainable practices to deal with this serious threat in this part of the world.

“The blue economy is already faltering and not delivering anything like its full potential, at a time when the population is on the increase and the need for food and resources from the ocean is also increasing.

“It has been projected that the population will continue to increase, which requires us to do more especially the peoples of the coastal states in Africa that rely so much on the nutrients, which they get from the living marine resources,” she said.

Mrs Ukonga furthered, “While other countries are reaping the benefits and returns from the blue economy, West Africa for example, is estimated to be losing about $2 billion yearly from illegal fishing. Its coastal sector remains largely underdeveloped and poorly governed, which has enabled other forces from outside the continent to benefit more from it, than its citizens; a very disturbing situation. Thank God we are doing something about it now.”

See Also >> Why overfishing affect our future blue Economy 

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