The Ogun State Ministry of Industry Trade and Investment has said it would continue to create enabling environments for entrepreneurs in the fish value chain to address the 3.5m metric tonnes deficit the country is currently experiencing.
The Commissioner for Industry, Trade and Investment, Kikelomo Longe, stated that the ministry would aid the entrepreneurs by facilitating more access to capital and organising capacity building programmes.
According to a statement issued by the ministry on Wednesday, she said this while declaring open the state’s second fish fair themed, ‘The relevance of fish production and processing in increasing the GDP and alleviating unemployment in Nigeria’ in Abeokuta.
At the event organised by the Ogun State Chambers of Commerce Industry, Mines and Agriculture, Longe remarked that the ministry would continue to support entrepreneurs to ensure the country exceeded its current 1.1m metric tonnes of fish production.
She stressed that the output of the country’s 12m fish farmers had to be improved as part of efforts to ensure food sufficiency.
The commissioner added that more entrepreneurs in the fish value chain also needed to embrace processing, noting that it would further enhance the value of their produce as well as increase the product life.
She called on the entrepreneurs to take advantage of the OGSG-BOI loan, which was available at single digit interest rate, to boost their fish farming and processing business.
She also urged Nigerians to continue to consume food produced in the country, stating that it would help create more jobs, alleviate poverty, strengthen the naira and help the economy recover faster from the negative effect of the COVID-19 pandemic.