Business
Expert Makes Case For Collapsible Fish Pond
Chief Fishery
Officer, Plateau Agricultural Development Programme (PADP), Mr. Bulus Goswen, has said that the
collapsible fish pond is a “huge boost” to fish farming in the country.
Goswen told our correspondent in Jos that the innovation had
come at a time when fish was “highly needed”, in view of the rising demand for
fish as a major protein source.
He said, “Fish business is becoming increasingly popular;
the supply of fish has not been able to meet the massive demand.
“This new innovation where fish is grown in plastics had
eased the activity and will greatly increase production.
“It has the potential to attract new entrants into the
business as it has made fish farming cheap and simple.”
Goswen explained that the collapsible tank or pond did not
require one to construct concrete fish ponds with cement and other materials
that were usually expensive.
“Unlike the concrete pond that must either be abandoned or
destroyed when relocating, which would make an investor lose a lot of money,
collapsible thank is user-friendly.
“It can be detached, collapsed and taken to a new location
to be set up again to continue the business when the farmer is relocating,” he
said.
He added that with this scientific innovation, people can
“culture” fish almost everywhere.
“Collapsible pond has made it easy for people to culture
fish around their houses, in bedrooms, sitting rooms or veranda. Even people
living in upstairs are not left out,” Goswen said
According to him, the ponds are of various sizes, and the
number of fish harvested depends on the amount stocked.
He said that “about 1,000 fingerlings” can be reared to
table size in an average sized pond.
“After stocking the pond with fingerlings or juveniles, in
about four months, one can harvest fish, each weighing between one kilogramme
and 1.5 kilogramme.
“A fish of about 1kg goes for about N700 in the market; the
price increases with size. If the right things are done, profit can be as high
as 40 per cent,” Goswen said.
He called on fish farmers to be open to innovations and
embrace new techniques to ensure maximum return in fish farming.
Business
USTR Criticises Nigeria’s Import Ban On Agriculture, Others
The United States Trade Representative (USTR) has criticised Nigeria’s import ban on 25 categories of goods, claiming that the restrictions limit market access for American exporters.
This is the effect of President Donald Trump’s tariffs introduction on goods entering the United States, with Nigeria facing a 14 per cent duty.
The USTR highlighted the impact of Nigeria’s import ban on various sectors, particularly agriculture, pharmaceuticals, beverages, and consumer goods.
The restrictions affect items such as beef, pork, poultry, fruit juices, medicaments, and alcoholic beverages, which the United States sees as significant barriers to trade.
The agency argues that these limitations reduce export opportunities for United States businesses and lead to lost revenue.
“Nigeria’s import ban on 25 different product categories impacts United States exporters, particularly in agriculture, pharmaceuticals, beverages, and consumer goods.
“Restrictions on items like beef, pork, poultry, fruit juices, medicaments, and spirits limit United States market access and reduce export opportunities.
“These policies create significant trade barriers that lead to lost revenue for United States businesses looking to expand in the Nigerian market”, the agency said .
In 2016, Nigeria implemented the ban on these 25 items as part of efforts to control imports and stimulate local production.
Some of the banned items include poultry, pork, refined vegetable oil, sugar, cocoa products, spaghetti, beer, and certain medicines.
On March 26, 2025, the Federal Government also announced plans to halt solar panel imports to encourage local manufacturing as part of its push for clean energy.
Business
Expert Seeks Cooperative-Driven Investments In Agriculture
A leading agribusiness strategist and digital agriculture expert, Ayo Oluwa Okediji, has sought cooperative-driven investments in sustaining growth of poultry industry in Nigeria.
He said the poultry industry was at a defining moment and requires urgent structural reforms to secure its future and ensure long-term sustainability.
Speaking on the theme, “Strengthening Poultry Farming Through Cooperative Synergy and Strategic Investments”, at the recently concluded Oyo Mega Poultry Workshop 2025 in Ibadan, Okediji called on poultry farmers, cooperative leaders, financial institutions and policy makers to rethink the existing structure of the poultry sector.
He stressed the need to transition from fragmented, individually-driven operations to well-structured, cooperative-led enterprises capable of attracting sustainable financing and securing long-term viability.
He said, “Our poultry sector cannot thrive on individual effort alone. We need to organise ourselves into cooperative clusters, build strong governance systems and position ourselves to attract the level of investment needed to sustain this industry beyond this generation.”
Drawing on lessons from successful global cooperative models such as Rabobank in the Netherlands and Landus Cooperative in the United States, Okediji introduced the FarmClusters Poultry Model, a locally adapted solution developed by Agribusiness Dynamics Technology Limited (AgDyna), a subsidiary of AgroInfoTech Africa.
According to him, the model is currently being piloted in Oyo State in partnership with PANOY Agribusiness Limited and local poultry cooperatives.
Business
NACCIMA Proposes Hybrid Oil Palm Seedlings For Farmers
The Rivers State Representative of the Nigeria Chambers of Commerce, Mines, Industries and Agriculture (NACCIMA), Mr. Erasmus Chukwundah, has urged palm oil farmers to consider hybrid seedlings for planting, if they must break even in palm oil business.
Chukwundah said this recently at the Free Oil Palm Business Climate Smart Best Management Practice/Assistance Training organized by Partnership Initiative In Niger Delta (PIND) for Palm Oil Farmers in Elele, Ikwerre Local Government Area.
The Rivers representative said until palm oil farmers begin to consider such hybrid oil palm seedlings, they may not meet up with the daily increasing demand of palm oil in the market.
According to him, the seedlings produce up to 30 bunches at once that ripen same time.
He said PIND decided to partner with Oil Palm Growers Association of Nigeria (OPGAN) to ensure that the message was received by the targeted audience.
According to him, palm oil remained a popular choice of industry operators as it could be converted to many other products such as vegetable cooking oil.
He also noted that products such as motor tyers, marine ropes and others are now gotten from the palm tree.
Chukwundah, who is the immediate past Director-General of Port Harcourt Chamber of Commerce, Mines, Industries, and Agriculture (PHCCIMA), further warned against use of unrecommended fertilisers in growing oil palms.
He noted that such practices could limit its export value or chances as the foreign marketers have a way of detecting such .
He reiterated the need for organic fertilizers, including poultry droppings, to enable them have a natural palm oil.
“People must reduce physical contact with palm oil production. That is why we are campaigning for hydrolic oil mills. The foreign markets are no longer interested in crude method of palm oil production”, he said.
Meanwhile, one of the farmers, Sonny Didia, who appreciated Chukwundah’s commitment towards the concern of farmers, appealed for an urgent need for loan opportunity with low interest rate in order to enable them beat the target.
King Onunwor
-
Opinion3 days ago
Respecting The Traditional Institution
-
Politics3 days ago
Nasarawa PDP Sets Up Reconciliation Committee
-
Rivers3 days ago
SEEPCO Initiates Blood Donor Club in Nigeria
-
Nation3 days ago
Gunmen Abduct 14 Passengers In Benue
-
Rivers3 days ago
Police Investigate Officer’s Suicide In PH
-
Business3 days ago
FG Rakes In N6.96bn From Mining Fees
-
Politics3 days ago
PDP Crisis Deepens As Orbih Appoints CTC Excos For Bayelsa, Edo
-
News3 days ago
Army Chief Gives Troops One Month Marching Order To Flush Out Bandits In Niger, Kwara