Cargo export: Premier Standard to boost fish export

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By Lawani Mikairu

The volume of cargo export through Nigeria airports will soon be enhanced by massive fish export from Nigeria by some members of Catfish Farmers Association of Nigeria, CAFAN . This has been made possible by the recent federal government intervention in the forex market which has relatively made the dollar available with the resultant gradual reduction in the price of fish feeds which the farmers needs.

This was disclosed by the Managing Director of Premier Standard Industrial, Mr Gbolahan Adenuga who opined that fish being a highly perishable good, exporting it by air will be the first choice of the fish farmers . He said he recently visited a fish farm operated by the state- of- the –art technology where fish are being processed and value added to the raw fish preparatory for export.

Adenuga also said Premier Standard, which is the major distributor of Copens feeds in Nigeria, has been assisting fish farmers by making sure the brand is “available and affordable” in spite of the  scarcity of foreign exchange in recent times. He commended the Central Bank of Nigeria for their weekly intervention in the forex market which has made dollar to be readily available and the Naira appreciating remarkably against the dollar.

He further disclosed that the Lagos State government has been supporting the association of fish farmers in the state and called on the federal government to also focus on the  development of fish farming as Nigeria has huge population and market for the product. He commended the Minister of Agriculture on his current drive to export yam from Nigeria.

Adenuga contended that diversification of the economy is the only way to go if Nigeria is to come of the the current economic recension. According to him, “a mono economy has never helped any country. It is important to diversify, especially when Africa is reported to being spending 3-5 Billion annually on food importation”.

The post Cargo export: Premier Standard to boost fish export appeared first on Vanguard News.

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