Economic Growth: Emefiele Says Nigeria Spends $1.2bn To Import Fish Annually - Liberty TV/Radio - News - Voice For All! Vision For Alll!
Editor 2
September 20, 2019
TheGovernor of Central Bank of Nigeria, CBN Godwin Emefiele says about one pointtwo billion dollars’ worth of fish is imported into this country annually.
Emefieleannounced this in a meeting while briefing some state Governors and the mediaon the feat recorded so far in agriculture for economic growth, in Abuja.
Heexplained that current fish production stood at 0.8 million tons while thedemand was two point seven million tons, giving a deficit of one point ninemillion tons.
Emefielenoted that the Apex Bank’s current initiative was to engage the coastal stateGovernors to develop the blue economy to address the deficit of one point ninemetric tons as well as eradicate the huge import bill for fish.
Ina similar development, the Governor said that major innovation to deepen thepoultry business is the recent partnership between the bank and tertiaryinstitutions to pilot the “the University-Based Poultry Production Programme”in twelve 12 Universities across the six geo-political zones.