Revealed: Check The Amount Nigeria Spends Every Year Just To Import Fish

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Godwin Emefiele

Mr Godwin Emefiele

 

The Governor of Central Bank of Nigeria (CBN), Mr Godwin Emefiele
says about 1.2 billion dollars worth of fish is imported into the
country annually.

Emefiele disclosed this in Abuja on Thursday while briefing some state
Governors and the media on the feat recorded so far in agriculture for
economic growth.

He explained that current fish production stood at 0.8 million tons
while the demand was 2.7 million tons, giving a deficit of 1.9 million
tons.

He said the apex bank’s current initiative was to enagage the coastal
state governors to develop the blue economy to address the deficit of
1.9metric tons as well as eradicate the huge import bill for fish.

According to him, this is a very huge economic opportunity for the states to create an enabling environment for investors.

In a similar development, the governor said that major innovation to
deepen the poultry business was the recent partnership between the bank
and tertiary institutions to pilot the “The University–Based Poultry
Production Programme” in twelve 12 Universities across the six
geo-political zones.

He added that the objective was not only building future agripreneurs
but making the universities able to improve their internally generated
revenue.

“For the pilot phase, five Nigerian Universities, namely; Ahmadu Bello
University (ABU), Zaria, Federal University of Agriculture Abeokuta
(FUNAAB), Rivers State University, Port Harcourt, University of Nigeria,
Nsukka and University of Ilorin were enrolled.

“These Universities have submitted revised proposal to their respective sponsoring banks,” he said.

The News Agency of Nigeria (NAN) reports that Governors of Ekiti,
Adamawa, Lagos, Ogun, Benue, Zamfara, Kebbi, Jigawa, Sokoto, Bauchi,
Gombe, Katsina, Anambra, Imo, Edo, and Borno states attended the
meeting.

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