Nigeria: Nation 'Loses N105 Billion Yearly to Fish Import'

11 August 2012

Lagos — Nigeria is losing over N105 billion annually to fish importation in spite of the water body that Nigeria is endowed with, Lagos state Commissioner for Agriculture and Cooperatives, Prince Gbolahan Lawal, has said. He said the state government is targeting the production of one million metric tons of fish by 2015 to reduce billions of naira the nation spends yearly on fish importation.

Speaking at the opening ceremony of the 8th Annual Executive Weekend Training on Investment Opportunities in Fish Farming at Oko-Oba in Agege, Lagos, Lawal said the government was embarking on full aqua culture to enable the state achieve the target.

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