Lagos - Nutreco, the European animal nutrition company, is upbeat at the opportunities fish farming presents to increase food production and enhancing the livelihoods of farmers.
The company recently started with a one- year pilot project, aimed at supporting individuals/groups around Ibadan, Oyo State to set up their fish farm as a lucrative enterprise.
If successful, the project will be scaled up and be extended for another three years.
“In Ibadan, Nutreco and its joint venture partner, Durante, see great opportunities to increase livelihood of thousands of small fish farmers and create a sustainable market on farmed fish,” Mark Woldberg, Nutreco Manager of Corporate Communications, said.
Speaking from The Netherlands, he said improving the capacity of small farmers fitted well in Nutreco’s strategy for Nigeria and was a direct extension with direct influence for the business of producing locally extruded fish feed as foreseen in the future.
The aim, he said, was to significantly increase the yield of the largely.
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“This will be a valuable contribution to the challenge of feeding 9 billion people sustainably in 2050,” said Woldberg.
The project is focused on increasing production yields of local fish farmers.
“It is expected to quickly accelerate as local infrastructure is already available,” said Woldberg.
Durante estimates that there are some 1 000 ponds in the region on which communities of small farmers try to farm fish.
Local organisations are assisting these farmers with livelihood improvement programmes but they are currently faced with major challenges such as technical know-how on fish farming and lack of good feed.
- CAJ News