The Tilapia and Aquaculture Developers Association of Nigeria (TADAN) has on Wednesday urged the Nigerian government to invest in the cold room section of aquaculture to maintain quality.
The association’s Vice-President, Mr. Nurudeen Tiamiyu, said in Lagos that such investments would revive the sector and increase local fish production thereby, tackling inflation rate which was greatly affected by the cost of production.
According to him, the incumbent administration should see the next four years as an opportunity to fix food inflation rate which is still in double digit.
Tiamiyu also said that interest rates on farmers’ loans were not helping development of the sector as commercial banks still demanded over 22 per cent interest.
He said that there should be stiffer regulations and enforcement of the ban on imported Tilapia, other fishes and fishery products.