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You Are Here: Home » Africa » Liberia Losing $12m Each Year to Illegal Fishing

125px-Flag_of_Liberia.svg2The Liberian Agriculture Ministry has reported an increase in illegal fishing activities by foreign vessels in the country’s territorial waters, causing the country to lose $12 million annually .

The Director of the Bureau of National Fisheries at the ministry, Yevewuo Subah, attributed the alarming rate of illegal fishing activities to the lack of a functional coast guard, with the Liberian Coast Guard unit not being resuscitated since the end of the war.

Media reports on Thursday quote Mr. Subah as saying that Liberia is as a result now relying heavily on imported fish for domestic consumption.

He however said modalities are being worked out to revamp the country’s fishing industry and increase fish supply to the local market.

Source African Press Agency

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