Nigeria fisheries and aquaculture industries are under much pressure from climate
change. The Sustainable Development Goals (SDGs) of poverty alleviation,
eliminating hunger, excellent health and well-being, tackling climate change, and life
below the ocean are all in grave danger of being missed by Nigeria. Hence, the study
examined the impact of climate change on aquaculture and fisheries production in
Nigeria. Data used was gathered from FAOSTAT, Statista, and the World
Development Indicators databases from 2009 – 2022, including aquaculture
productivity, temperature, rainfall, and CO2. Descriptive statistics, Granger causality,
panel unit root, correlation test, and Fully Modified Least Squares (FMOLS) were
employed to analyze the data. The result of descriptive statistics shows that no
outliers among the variables. VIF demonstrates that the variables are not collinear.
The unit root of stationarity utilizing PP and ADF methods shows that the variables
have a mixed order of level I(0) and a first difference order integration I(1). FMOLS
estimated results show that rainfall (-0.694) was statistically significant at the 5%
level. CO2 (1.778) was statistically significant at the 1% level. Correlation reveals a
strong relationship between CO2 (0.903) and aquaculture productivity. CUSUM and
CUSUMSQ tests demonstrate the stability of the values at 5%. As the Granger
causality test shows, all variables are susceptible to short-run causation. The study
consequently recommends severe rules to prohibit intensive aquaculture in areas
with significant CO2 sequestration; apply effective adaptation strategies; improve
management processes; and invest in climate-resilient systems.
Keywords: Aquaculture, CO2, climate change, FMOLS, rainfall, temperature
