Ecoponds canvasses investment in fish farming
Ecoponds, an aquaculture technological company, has urged investors and the government to invest in fish farming.
The consultants of the company, Mr.
George Chagoury, Mr. Abdulsamad Edewor and Mr. Tobi Ashafa, gave the
advice during a facility tour of the company in Ikorodu, Lagos on
Thursday.
They noted that investing in fish
farming would reduce the level of unemployment in the country, adding
that creating business opportunities for people in aquaculture – fish
farming – would boost the country’s economic growth.
Ashafa said, “The faith of local
Nigerian farmers and aquaculturists in subsistence farming has arrested
the development of aquaculture in Nigeria, a reason that made us to set
up an outfit to revolutionise fish production in the country through
full mechanisation of the industry.
“For three years, we have carried out a
research on how fish farmers could increase the frequency of sales, up
to every week, rather than longer periods of months as seen with fish
farmers using still-water ponds.”
Chagoury, who is an engineer, explained
that many fish farmers could not switch to the advanced technological
method despite its profitability, because of their inability to access
funds from retail banks and government agencies.
He said, “Developing ecoponds 0.5
technology was necessitated by the increasing demand for fish and the
need for farmers to have more bargaining power through constant periodic
sales.
“There is no way a still-water model can
produce stock for periodic sales because of the lack of a proper
production plan.”Edewor also urged the government to regulate fish feed
production, lamenting that the markets were awash with cheap,
locally-produced fish that were non-profitable.”
http://www.punchng.com/business/industry/ecoponds-canvasses-investment-in-fish-farming/
Written by NEWSTRAWL ONLINE UPDATE
Sodiq Oyeleke is a Media, Human Resources, Project Management and Public Relations Practitioner
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