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Fish importation to end in 2022, says minister
The Federal Government has asked fish importers to consider producing fish locally as it plans to ban its importation in the next two years.
Minister of Agriculture and Rural Development, Sabo Nanono, said this on Monday in Abuja at the 35th Annual Conference of the Fisheries Society of Nigeria (FISON).
He said this was part of measures to prevent capital flight and implement programmes in the agriculture sector geared towards diversifying the economy.
The minister, who was represented by the Director of Federal Department of Fisheries, Mr Imeh Umoh, described fisheries as one of the value chains in the ministry.
“Let me inform you that the vision of Mr President is to grow Nigeria’s agriculture sector to achieve a hunger-free nation, through agriculture that drives income growth, accelerate the achievement of food and nutritional security, generate employment and transform Nigeria into a leading player in the group of food and fish markets, and to create wealth for millions,” he said.
The minister said currently, the total demand for fish was 3.6 million tonnes annually while Nigeria was producing 1.1 million tonnes, leaving a deficit of about 2.5 million tonnes to be supplemented by importation.
Nanono noted that an estimated over 12 million Nigerians were actively engaged in primary and fish production, adding that contribution of fisheries to the national Gross Domestic Products was about 4.5 per cent.
He said the government had directed all fish importers to go into backward integration for local consumption and export to international market as part of the measures of the ministry to reduce this importation and generate employment.
He said several companies had complied with the policy and that the ministry was optimistic that in the next two years, Nigeria would have no business with the importation of fish.
He said it is in this regard that the Federal Ministry of Agriculture and Rural Development was pursuing a holistic approach to the development of the fisheries subsector through the diversification programme along the value chain process.
“In line with the theme of this conference, the ministry has developed various programmes to increase domestic food/fish production and the main target is the empowerment of the youth and other groups especially the women,” he said.
He added, “All these programmes are tailored towards wealth and jobs creation, arrest and prevention of youth restiveness.”
Nanono added that the contributions of the fisheries and aquaculture sub-sector to the Nigerian economy and the ongoing economic recovery programme of the current regime were significant in terms of employment, income generation, poverty alleviation, foreign exchange earnings and provision of raw materials.
President of FISON, Mr Adegoke Agbabiaka, said in order to achieve self-sufficiency in food fish production, the government in the last decade had made a paradigm shift under the Agricultural Transformation Agenda and was considering agriculture, including fisheries, as a business.
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FG declares Tuesday July 15 public holiday to honour Buhari
FG declares Tuesday July 15 public holiday to honour Buhari
The Federal Government has declared Tuesday, July 15, a public holiday to honour the late former President Muhammadu Buhari.
Buhari died on Sunday at a clinic in London of protracted illness related to lukemia.
The public holiday is in addition to the seven days of national mourning earlier declared by President Bola Tinubu.
Minister of Interior, Olubunmi Tunji-Ojo, announced the break in a statement released on Monday through the ministry’s Permanent Secretary. Magdalene Ajani,
Tunji-Ojo said the holiday is a gesture of respect for Buhari’s contributions to Nigeria’s democracy and development.
“President Muhammadu Buhari served Nigeria with dedication, integrity, and an unwavering commitment to the unity and progress of our great nation,” the minister said.
This public holiday provides an opportunity for all Nigerians to reflect on his life, leadership, and the values he upheld.”
Tunji-Ojo asked Nigerians to use the day to promote peace, patriotism, and national unity in line with Buhari’s vision.
FG declares Tuesday July 15 public holiday to honour Buhari
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Two Nigerians on list of America’s richest immigrants in 2025
Two Nigerians on list of America’s richest immigrants in 2025
Two Nigerian-born billionaires, Adebayo “Bayo” Ogunlesi and Tope Awotona, have been named in Forbes’ 2025 list of America’s Richest Immigrants.
The list features 125 billionaires from 41 countries, who collectively make up 14% of all billionaires living in the U.S. and control 18% of the country’s total billionaire wealth.
Top on the list are three South Africans, including Elon Musk ($393.1bn, Tesla, SpaceX); Patrick Soon-Shiong ($5.6bn, pharmaceuticals), and Rodney Sacks ($3.6bn, energy drinks).
They are closely followed by Ogunlesi, with a net worth of $2.4 billion, ranked 77th and recognized for his success in private equity, while Awotona, known for founding scheduling software company, Calendly, sits at 106th with a $1.4 billion net worth.
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Other African-born billionaires on the list include Haim Saban from Egypt ($3.1B, TV and investments); Marc Lasry from Morocco ($1.9B, hedge funds); and Bharat Desai from Kenya ($1.6B, IT consulting).
Forbes noted that a remarkable 93% of them were self-made, having built their fortunes primarily in industries such as technology and finance.
The growing number of immigrant billionaires, up from 92 in 2022 to 125 in 2025, reflects a shifting demographic and reinforces what Forbes describes as the “immigrant mindset”: a blend of resilience, innovation, and the drive to seize opportunity that continues to shape America’s economic landscape.
Forbes also released a list of top 10 America’s richest immigrants to include Elon Musk, net worth: $393.1bn; Sergey Brin, net worth, $139.7bn; Jensen Huang, net worth, $137.9bn; Thomas Peterffy, net worth, $67.9bn; and Miriam Adelson & Family, net worth, $33.4bn.
Others are Rupert Murdoch & Family, net worth, $24bn; Peter Thiel, net worth, $21.8bn; Jay Chaudhry, net worth, $17.9bn; Jan Koum, net worth, $16.9bn; and John Tu, net worth, $14.1bn
Two Nigerians on list of America’s richest immigrants in 2025
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Reps move for review of INEC chairman appointment process
Reps move for review of INEC chairman appointment process
The power of the President to unilaterally appoint Chairman of the Independent National Electoral Commission (INEC) may be whittled down in a constitutional review proposal.
The House of Representatives Committee on Constitution Review is currently considering the proposal to bring the National Judicial Council (NJC) into the process.
According to a report by PUNCH, the amendment seeks to reduce the influence of the executive arm by enhancing the transparency and impartiality of INEC leadership appointments.
This proposed shift follows long-standing calls for electoral reform, including the recommendations made in 2007 by the late Chief Justice of Nigeria, Muhammadu Uwais, who led the Electoral Reform Committee.
The Uwais-led panel had advised that the NJC, rather than the President, should be responsible for nominating INEC board members, and that the commission’s funding should come directly from the Consolidated Revenue Fund to safeguard its autonomy.
Former INEC Chairman, Prof. Attahiru Jega, said that the proposed change was a positive development.
“It is a welcome development. It is one of the many good recommendations on how to insulate the position of whoever is chairman of INEC from political and executive pressures, as well as curing the deep-seated impression that ‘he who pays the piper dictates the tune.’”
Executive Director of YIAGA Africa, Samson Itodo, echoed this support, though he raised concerns about the NJC’s neutrality.
“The proposal by the National Assembly to amend the constitution to involve the NJC in the appointment of the INEC chairman is in line with Justice Uwais’ recommendation because over time, we have seen how presidents appointed their protégés and cronies, including people with a clear partisan background, into INEC.
“It is because of this that YIAGA Africa called it institutional capture, that is, INEC captured by the executive arm.
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“Is the NJC independent enough to manage the appointment of the INEC chairman in view of the fact that the CJN has overbearing powers in determining the members and the composition of its members?”
While backing the intention behind the reform, Itodo advocated a more inclusive approach.
He said, “I don’t know if this proposal to have the NJC manage the appointment process is a welcome development or if it would inspire confidence on the part of Nigerians.
“It is good to remove the power of appointing the INEC chairman from the President, but is it possible to set up a multi-stakeholder committee to manage this process and then send nominations or those who successfully passed the interview process to the National Assembly for screening before appointments by the President?
“There has to be a way of ensuring that whoever is responsible for any action in the appointment value chain is independent, so that we don’t have partisan people getting appointed to the electoral commission.”
Auwal Rafsanjani, Executive Director of the Civil Society Legislative Advocacy Centre, also supported the involvement of the NJC, suggesting it could help rehabilitate the image of the judiciary.
“If the National Assembly can amend the constitution to allow the NJC to have a say in the selection process of the INEC chairman, it will be a good development. It will enhance the integrity and credibility of the NJC because Nigerians are beginning to question the character of the judiciary. Nigerians are losing confidence in the judiciary because of their perception of injustice perpetrated by that arm of government.
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“Hopefully, NJC members who will be involved in selecting the INEC chairman, as well as the Commissioners, will help the image of the judiciary. Our constitution does not allow partisan persons to head the electoral commission, but successive presidents have been ignoring this constitutional provision. So, NJC members who are expected to be non-partisan would assist in selecting a good person to head INEC,” Rafsanjani said.
Reps move for review of INEC chairman appointment process
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