Nigeria, EU Combat Illegal Fishing
Analysis based on 21 articles · First reported Jun 07, 2026 · Last updated Jun 08, 2026
The collaboration between Nigeria>>> and the European Union>>> to combat illegal fishing and promote sustainable ocean governance is expected to positively impact the fishing and maritime industries in Nigeria>>> and the broader West African region. Increased enforcement and sustainable practices could lead to healthier fish stocks, improved food security, and enhanced economic well-being for coastal communities, potentially attracting further investment in the blue economy sector, as evidenced by Tantalizers>>>' expansion.
Nigeria>>>, through its Minister of Marine and Blue Economy, Gboyega Oyetola>>>, has expressed its commitment to leveraging the €59 million West Africa Sustainable Ocean Programme (WASOP), an initiative funded by the European Union>>>. This program aims to intensify efforts against illegal, unreported, and unregulated (IUU) fishing and strengthen the sustainable management of Nigeria>>>'s marine resources, particularly in the Gulf of Guinea>>>. During a meeting with European Union>>> Ambassador to Nigeria>>>, Gautier Mignot>>>, both parties reaffirmed their dedication to deepening cooperation on maritime security and sustainable ocean governance. Nigeria>>> is seeking increased technical assistance from the European Union>>> in surveillance systems, fisheries monitoring, and enforcement capacity. The move comes as Nigeria>>> reportedly loses approximately $70 million annually due to illegal fishing activities. Additionally, the Biodiversity Preservation Centre has urged the Federal Government to establish marine protected areas. Separately, Tantalizers>>> has signed an MoU with Karflex Fisheries Limited>>> and Terminal Investment Limited>>> to expand into Nigeria>>>'s fisheries and marine industry, signaling growing investor interest.
Set up alerts, explore entity relationships, search across thousands of events, and build custom intelligence feeds.
Open Dashboard