The Impact Nigeria NewspaperThe Impact Nigeria NewspaperThe Impact Nigeria Newspaper
Font ResizerAa
  • Home
  • News
  • Opinion
  • Metro
  • Business & Economy
  • Entertainment
  • Health
  • Politics
  • Sports
  • Video
  • World
Font ResizerAa
The Impact Nigeria NewspaperThe Impact Nigeria Newspaper
  • Home
  • News
  • Opinion
  • Metro
  • Business & Economy
  • Entertainment
  • Health
  • Politics
  • Sports
  • Video
  • World
Search
  • Home
  • News
  • Opinion
  • Metro
  • Business & Economy
  • Entertainment
  • Health
  • Politics
  • Sports
  • Video
  • World
Have an existing account? Sign In
Follow US
© 2022 Foxiz News Network. Ruby Design Company. All Rights Reserved.
Business & Economy

Fish farmers want CBN’s Anchor Borrowers’ Programme

Olatunbosun Obafemi
Last updated: March 8, 2019 5:48 am
Olatunbosun Obafemi
Share
Fishermen in action
Fishermen in action
SHARE

The Fisheries Cooperative Federation of Nigeria (FCFN) has appealed to the Central Bank of Nigeria (CBN) to include fisheries in its Anchor Borrowers’ Programme (ABP) to help fish farmers meet national demand for fish.

The National President of the federation, Anthony Ashagye, made the appeal in Abuja on Thursday.

He said that fish farmers had the capacity to meet the 2.6 million tonnes national demand for fish if assisted by the programme.

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.

“Almost five per cent of our fish farmers have now retired because of the high cost of the 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.

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

TAGGED:CBNfarmersfishProgramme
Share This Article
Email Copy Link Print
ByOlatunbosun Obafemi
Follow:
Bosun Obafemi is a seasoned journalist and editor for national daily news publication outfits.
Previous Article Believers In Politics Group backs Dapo Abiodun APC Guber candidate, Tosin for Ogun House of Assembly
Next Article Nigerian Children Committee tasks stakeholders on AU child rights report
Leave a Comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

You Might Also Like

Business & EconomyHeadlines

President Bola Tinubu’s 2025 Budget Full Speech

By
Olatunbosun Obafemi
Zainab Ahmed
Business & EconomyHeadlines

Recession will be exited soon, Zainab Ahmed assures

By
Olatunbosun Obafemi
President Muhammadu Buhari
Business & EconomyHeadlines

Buhari moves to sanction key agencies over poor revenue

By
Olatunbosun Obafemi
Bayo Onanuga
Business & EconomyHeadlines

FG broke, fuel subsidy no longer sustainable – Bayo Onanuga

By
Olatunbosun Obafemi
QUICK LINKS
About Us
Advertise with Us
Contact Us
Privacy Policy
Disclaimer
Editorial Policy
Corrections Policy
Terms & Conditions
NEWS UPDATE
Top Headlines
News
Metro News
Insurgency News
Crime News
World News
Sports
Entertainment
Human Angle Story

BUSINESS
Business & Economy
Oil & Gas
Power & Energy

EDITORIAL
Editorial
Opinion

LIFE & LIVING
Lifestyle
Single & Married
Interview

MORE
Politics
Technology
Education
Features
Health
Environment
Security
Law
Litigation
Professionals
Video
Youth
Religion

© 2026 Integrated Impact Publishers Limited. All Rights Reserved.