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News fisheries / yellowfin tuna Maldives Impact 7.0/10 Trending 2 min read
Fishermen to have say on Yellowfin Tuna prices: President

Fishermen to have say on Yellowfin Tuna prices: President

President Dr. Mohamed Muizzu stated that the price of Yellowfin Tuna fell due to MIFCO straying from the business, and the government will work with fishermen to set a better price. He said MIFCO had stopped purchasing Yellowfin Tuna by the time the current government took office, and efforts are underway to bring MIFCO back into the business. The President believes fishermen will get a competitive edge if MIFCO becomes more active. MIFCO recently began buying Yellowfin Tuna again on Fisherman's Day 2025 after a protest by the Bodu Kanneli Masveringe Union (BKMU). The highest price MIFCO currently offers is MVR 25 per kilogram.

President Dr. Mohamed Muizzu stated that the price of Yellowfin Tuna fell due to MIFCO straying from the business, and the government will work with fishermen to set a better price. He said MIFCO had stopped purchasing Yellowfin Tuna by the time the current government took office, and efforts are underway to bring MIFCO back into the business. The President believes fishermen will get a competitive edge if MIFCO becomes more active. MIFCO recently began buying Yellowfin Tuna again on Fisherman's Day 2025 after a protest by the Bodu Kanneli Masveringe Union (BKMU). The highest price MIFCO currently offers is MVR 25 per kilogram.

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The Edition

Published

Jun 20, 2026

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2 min

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President Dr. Mohamed Muizzu stated that the price of Yellowfin Tuna fell due to MIFCO straying from the business, and the government will work with fishermen to set a better price. He said MIFCO had stopped purchasing Yellowfin Tuna by the time the current government took office, and efforts are underway to bring MIFCO back into the business. The President believes fishermen will get a competitive edge if MIFCO becomes more active. MIFCO recently began buying Yellowfin Tuna again on Fisherman's Day 2025 after a protest by the Bodu Kanneli Masveringe Union (BKMU). The highest price MIFCO currently offers is MVR 25 per kilogram.

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