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Fish Farming, A Lucrative Business-FG

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The Federal Government says Nigeria is saving the sum of N300 million annually from the substitution of imported fish feeds with an estimate of 25 percent of the 45,000 metric tonnes imported into the country.

The Minister of Agriculture and Rural Development, Dr. Akinwunmi Adesina who made the disclosure at a ministerial platform recently in Abuja revealed to The Tide source that the country spends at least N117.7 billion annually on the importation of fish feeds.

He said that government was partnering with four major investors in feeds production which he said has been identified to increase capacity to meet local demand.

He said the investors included grand cereals in Jos, Durante in Oyo State, Wonder Feeds in Kaduna State and Multifeeds an Israeli Company all of which he said had declared interest in massive feeds production.

The minister also stated that government has completed the training of 120 potential investors in the new all male Tilapia production technology to improve total yield, adding that the present government was diversifying production fish from artisation to aquaculture and exploring commercial opportunities.

He said the government has planned adequate production of fingerlings and juvenile fish to bridge the supply gap in the national demand to produce 1.25 billion of fish “Seed” per year, 400,000 metric tones of fish feeds and the development of brood-stock bank.

He noted with delight that a high volume of local fish feed producers in the 36 states and Abuja in collaboration with Nigeria Institute of Oceanography and Marine Research (NIOMR) has been achieved.

A researcher and Botanist with the institute while speaking revealed that the inability of Nigerians to produce enough fish for consumption has led to massive fish importation.

“Nigeria spends about N50 billion on fish importation annually to meet its yearly fish demand and of 1.5 million tones but we can only boast of producing 500,000 tonne4s of fish which is only one third of the fish needed in the country annually”, she said.

She frowned at the rate of importation of fish from foreign countries when they could be reated in Nigeria, a situation she described as adverse on the country’s foreign reserve.

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Agriculture

IITA Develops New Potato Variety

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Empowering, Novel, Agri-Business Led, Employment, Technologies for African Agricultural Transformation (ENABLE TAAT) has recently developed Orange Fleshed Sweet Potato (OFSP) species to tackle malnutrition and reduce diabetes in Africa.
The ENABLE TAAT Field Trainer of the International Institute of Tropical Agriculture (IITA),  Mr Murtalab Adedamola, made this known in Ibadan yesterday.
He said that the development of the potato species was one of the plans of IITA, aimed at combating malnutrition and attaining food security in Africa.  Adedamola said that OFSP was different from the Irish potato, adding that it contained a lot of water, Vitamin A, high carotene and low level of sugar. “It has two varieties – King J and Mothers’ Delight, and it can be used for baking cake, snacks and bread.
“It is stress-free, its cultivation cycle is within three months; it is not a tuber but a root and it does not go deep into the soil like cassava.
“The growth continues even after harvesting, it is good for children and diabetic patients because of its low level of sugar. Farmers can plant a hectare with just 500kg. vines of OFSP, which multiplies.
“They should cut the vines together, bundle them together, weigh them and then plant them. Farmers can plant at a depth of 20 or 25 cm and at an angle of 45 degrees because the spacing can determine the yield,” he said.  Adedamola advised farmers to always apply MPK fertiliser to the crop after two weeks of planting, as the exercise would go a long way to improve the yield if the crop had access to water.  The field trainer said that the maintenance of an OFSP farm would not require much weeding, adding that the soil would crack while its flowers would shoot out to signal the appropriate time for harvesting.  He, however, warned that the King J variety of OFSP was better grown in the northern parts of the country, while the cultivation of the Mothers’ Delight type would thrive in the South.
“In Cameroon, we have four varieties of OFSP and in Cote d’Ivoire, there are six varieties. Farmers are planting it already but the produce lacks market because people are not aware of its numerous benefits. “When people learn about its benefits, they will start patronising the farmers well; we will definitely have more varieties of it in Nigeria because it is a crop that can transform the livelihood of potato farmers perfectly,’’ he added.

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Agriculture

Assembly Approves N1.5bn Agric Loan

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The Niger State House of Assembly has passed a resolution granting approval to the state government to access a N1.5bn facility for the implementation of the Accelerated Agricultural Development Scheme (AADS).
The House passed the resolution yesterday following the presentation of the report of Joint Committees on Finance and Agriculture.
Presenting the report, Chairman of the Joint Committee, Alhaji Abdullahi Mammagi, said it interfaced with relevant stakeholders to ascertain the justification for the request made.
Mammagi noted that the facility was being offered at an interest rate of nine per cent per annum and 60 months repayment period by the Central Bank of Nigeria.
“From the interface held, the committee found that the Federal Government had offered a window of facility to states to support implementation of AADS in states.
“The CBN, through Zenith Bank has offered to provide the of N1.5bn. The facility is offered for a period of 60 months, at an interest rate of nine per cent per annum.
“This is deemed to be highly competitive in terms of what obtains in the banking industry.
“Niger State has keyed into the programme as its implementation would stimulate and support socio-economic development in the state,” he added.
According to him, the repayment cost was manageable, adding that it would not be too much burden on the monthly cash flow of the state.
Similarly, the House commenced debate on the 2019 budget by the governor.

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Agriculture

NGO Urges FG To Increase Agric Financing

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The Fresh and Young Brains Development Initiative (FBIN), an NGO, has appealed to the Federal Government to increase its funding on agriculture, especially for women and youth farmers to increase their yields.
The Founder of the initiative,  Mrs Nkiruka Nnaemego, made the call on Monday in Abuja at the Yfarm National Colloquium on Attracting Public Financing in Sustainable Agriculture for Youth and Women Small Scale Farmers.
Nnaemego said that the Nigerian government had committed to the 2014 Malabo Principles of ensuring increase in public funding to at least 10 per cent of the national budget to the agricultural sector.
According to her, this will enable the countries effectively implement their programmes to reduce hunger and increase productivity among in Africa.
She said that this commitment had not been achieved and it was affecting the productivity of small scale farmers, who consisted of about 70 per cent of the country’s farming population.
“This colloquium provides a unique platform for stakeholders in agriculture to brainstorm on innovative models and approaches for attracting public financing and government involvement in agriculture.
“From the Malabo declaration, which African Heads of State agreed to commit 10 per cent of their countries’ budgets to agriculture, it is unfortunately that Nigeria is still below three per cent.
“Agriculture is the way to go now since the country is looking for other options aside oil. We need to increase finance in agriculture.
“Although the Federal Government is trying, but it should try harder,” she said.
She explained that Yfarm project’s goal was to promote a youth/women-led agribusiness society by reducing poverty, thereby increasing active youth/women participation in sustainable agriculture by 2020.
She said that Yfarm Project had been at the forefront of policy advocacy, media engagement, capacity building and mentoring of rural and vulnerable youth/women in some parts of Africa.
“We celebrate outstanding youths and women, provide access to markets and business networking through our National and African Youth Agric Festivals and Concerts,” she stated.
The Project Coordinator, Food and Agriculture, Actionaid Nigeria,  Mr Azubike Nwokoye appealed to the Federal Government to create an enabling environment to attract private investment. He further urged government at all levels to do their parts by increasing public financing on agriculture across all areas with  comparative advantages.
farming season?
”That is a failure in its own already.”
Soni appealed to the government to make available inputs by January not in April and May when such inputs were not needed.
The Programme Officer, Food and Agriculture Organisation (FAO)  Mr Alphonsus Onwuemeka said that agriculture was in the concurrent list and urged the state governments to play their parts to lessen the burden on the Federal Government.
He acknowledged the Federal Government’s support to agriculture and urged women to take advantage of the gender unit created by government at the Ministry of Agriculture to handle women challenges.

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