How Nigeria loses NGN 9 billion annually to illegal fish importation
2017-04-19 15:16:19   copyfrom:    hits:

NIGERIAThursday, April 13, 2017The Association of Indigenous Seafood Stakeholders says the country loses NGN 9 bill

NIGERIA
Thursday, April 13, 2017
 

The Association of Indigenous Seafood Stakeholders says the country loses NGN 9 billion revenue annually to illegal fish importation and smuggling.

The association’s national chairman, Mr Lamina Rasheed, disclosed this to the News Agency of Nigeria (NAN) in Abuja on Wednesday 12ve of April 2017.

Rasheed said that the members of the association paid import duty of 14 per cent, which amounted to millions of naira to the Federal Government while the illegal importers paid next to nothing through the land borders.


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