The Federal Government has earmarked N145m in the 2026 Appropriation Bill for the construction of 10-tonne capacity local fish feed mills across Nigeria’s six geopolitical zones, The PUNCH reports.
This comes as the government allocated a total of N149.24bn for Nigeria’s Marine and Blue Economy, with N136.4bn directed towards capital expenditure, signalling an aggressive push to develop infrastructure, enhance safety, and grow fisheries and other blue economy sectors.
Other projects highlighted in the budget include the provision and construction of solar panels as alternative power sources for the ministry, allocated N129.9m, and the establishment of a regional maritime development bank, which received N83.3m, among others.
Budget details show that N10.93bn is allocated for personnel costs and N1.87bn for overheads, with over 91 per cent of the allocation devoted to capital projects.
The interventions outlined target the dredging of inland waterways across Lagos, Lokoja–Onitsha–Baro, Calabar–Akwa Ibom, and Hadejia–Jama’are River corridors, construction of jetties, revitalisation of Sapele Seaport, development of fish terminals and harbours, and the procurement of patrol boats, trawlers, and safety equipment to reduce waterway accidents.
