News Column

Nigeria's Fish Production Capacity Will Boost Exportation '

July 1, 2014

Raheem Akingbolu

The Minister of Agriculture and Rural Development, Dr. Akinwumi Adesina, has said Nigeria's fish production, which is estimated at over 3.0 million metric tonnes per annum, is capable of meeting the local fish demand and generate surplus for export, if properly harnessed.

He also described the sector as a viable platform to promote exportation and attract foreign investment..

Speaking in Lagos recently at an event organised to present Vital Fish Feed to stakeholders, the minister stated that the federal government is poised at repositioning the fishery subsectors of the Nigerian economy to attain self-sufficiency.

The Minister, who was represented by the regional Director, South West, Ministry of Agriculture and Rural Development, Mr. Quadiri Olalekan, said: "Government is not leaving any stone unturned in its determination to promote strategies for safeguarding the sustainable fish stocks through integrated fisheries management.

"To further push the sector, government will also promote trade through established best global practices in fisheries management."

While commending the activities of the Catfish Farmers Association of Nigeria (CAFAN), he said the various moves of the group are in line with the Agricultural Transformation Agenda (ATA) of the Jonathan administration.

He expressed his appreciation to Grande Cereals Limited Jos, Plateau State, a subsidiary of UAC of Nigeria PLC for the commendable role it is playing in strengthening the agribusiness in Nigeria through the production of poultry feed, vegetable oil, fish feed and maize flour from locally sourced maize.

He equally stressed the need for stakeholders to make fish farming more profitable, stating that good step towards such direction would guarantee market which will lead to increase in the volume of production, thereby reducing the unit cost of each bag of fish feed.

The minister, who endorsed Vital Fish Feed, said he was convinced that the endorsement would also spur positive competition from other fish feed producers and suppliers.

To assure Nigerians of the sustainability of the project, he said his ministry would support Grande Cereals and other local fish feed producers or would be investors in increasing the production of good quality fish feed in the country.

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Source: AllAfrica

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