Former President Mohamed Nasheed has called on the government to withdraw from the fish buying business and allow foreigners to obtain fish purchase licenses, saying it would help fishermen secure fair prices.
In a post on X marking Fishermen’s Day, Nasheed abruptly listed several conditions that he believes must be met in order for the local fishermen to get fair prices for their catch. Among his list, he said the export of raw fish should be reduced, and fishermen should invest in cold storage capacity and cut operating costs to improve their earnings.
“The government should withdraw from this business and open up fish purchase licenses including to foreigners,” he wrote.
Nasheed’s remarks come as fishermen continue to protest near the Presidential Jetty, accusing the government of failing to deliver on key pledges.
People stop and watch as fishermen protest off Male' City on December 10, 2025. (Sun Photo/Ahmed Iyad)
The Boat and Crew Members Union (BKMU) said the protest was triggered by delays in fulfilling three promises made in President Dr. Mohamed Muizzu’s manifesto:
Starting yellowfin tuna purchases through Maldives Industrial Fisheries Company (MIFCO)
Setting a floor price of MVR 80, 100 per kilo for yellowfin tuna
Supplying fuel at base rate and improving access to ice
The union said it has repeatedly raised these issues since the start of the government’s term, including through meetings, statements, and a formal letter to the Ministry of Fisheries.
President Dr. Mohamed Muizzu (R) and Fisheries Minister Ahmed Shiyam (L) at the Masveringe Gunzaru 2023 on December 9, 2023. (Photo/President's Office)
Fisheries Minister Ahmed Shiyam, in a post on X, acknowledged that the delay in payments for fish sold is the biggest concern among fishermen. He said while fisheries are improving, the price of big fish is falling, and the government is working to expand the sector and fulfill its promises.
Shiyam added that construction of a fish processing facility in Hulhumale' will begin next month as part of the government’s pledge to support the industry.
Nasheed calls for government exit from business as fishermen protest unmet pledges
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