CBN Anchor Borrowers’ Programme Key to Meeting Fish Demand – FCFN

CBN Anchor Borrowers’ Programme Key to Meeting Fish Demand – FCFN

The Fisheries Cooperative Federation of Nigeria (FCFN) has said including fisheries in the CBN Anchor Borrowers’ Programme (ABP), is key to meeting Nigeria’s domestic demand for fish.

The National President of the federation, Mr Anthony Ashagye, said this in Abuja, on Thursday, in an appeal to the CBN to capture fishery in the programme that has boosted domestic production of rice across the country.

The federation is the apex body of fisheries cooperative societies, unions and federation in states; made up of fishermen, fish farmers and other fish stakeholders.

According to Ashagye, fish farmers had the capacity to meet the 2.6 million tonnes national demand for fish if assisted by the programme.

He however lamented that about five per cent of fish farmers in Nigeria have retired due to high cost of fish feed.

“Fisheries should be included in the CBN’s ABP so that our people will be empowered and that will help us to meet our target,” he said.

Ashagye said the inclusion in the CBN agriculture programme would also help fish farmers collate their production data across the country.

“We need fishing and aquaculture inputs to increase our production. We need training on cooperatives so that we can manage ourselves properly,’’ he said.

Ashagye listed some of the challenges hampering increased fish production in the country to include high cost of fish feeds, inadequate training and technological know-how on modern fishing techniques.

He regretted that over five per cent of fish farmers had retired from the business as a result of the challenges.

“We are targeting to increase our production this year. We want to meet the target of 2.6 million tonnes which is the national demand for fish because we are into this business on a daily basis.

“We have the capacity to do it but we are being faced with certain challenges like the high cost of fish feed,” he lamented.

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