The Federal Government has earmarked N145 million in the 2026 Appropriation Bill for the construction of 10-tonne capacity local fish feed mills across Nigeria’s six geopolitical zones.
The allocation forms part of a broader N149.24 billion budgetary provision for Nigeria’s Marine and Blue Economy, signalling an aggressive push to expand infrastructure, improve safety and accelerate growth across fisheries and other blue economy sectors.
Budget details show that N136.4 billion of the total allocation is dedicated to capital expenditure, underscoring the government’s focus on long-term sectoral development. Personnel costs account for N10.93 billion, while N1.87 billion is set aside for overheads, with capital projects representing over 91 per cent of the total allocation.
Beyond fish feed mills, other projects highlighted in the 2026 budget include the provision and construction of solar panels as alternative power sources for the ministry, with an allocation of N129.9 million. The establishment of a regional maritime development bank also received N83.3 million, among several other interventions.
The budget further outlines plans for the dredging of key inland waterways, including the Lagos, Lokoja–Onitsha–Baro, Calabar–Akwa Ibom and Hadejia–Jama’are River corridors. Additional projects include the construction of jetties, revitalisation of the Sapele Seaport, development of fish terminals and harbours, and procurement of patrol boats, trawlers and safety equipment.
These interventions are aimed at boosting fisheries productivity, improving navigation and safety on inland waterways, reducing waterway accidents and strengthening Nigeria’s overall maritime and blue economy value chain.
