Fish farmers beg to join CBN’s Anchor Borrowers’ Programme

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Fish farmers in Nigeria

By Ginika Okoye

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, Mr Anthony Ashagye, made the appeal in an interview with the News Agency of Nigeria (NAN) 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…



Source: News Agency of Nigeria