The Nigerian state of Lagos – home to the country’s most populous city of the same name – has established a subsidized program to support feed production and make it more readily accessible and affordable for farmers of both fish and poultry.
Lagos’s Ministry of Agriculture and Food Systems recently unveiled the Ounje Eko Farmers’ Subsidy Program to help farmers access feed from approved manufacturers at a discounted rate.
The subsidy, providing a 25 percent discount to applicable farmers, “is poised to reduce production costs and increase food supply throughout the state,” the Lagos state government said.
At least 1,000 fish farmers will benefit from the subsidy on a weekly basis, the government further explained, by having the ability to purchase a maximum of 10 25-kilogram bags of feed weekly.
“The subsidy scheme will prevent further fish farm closures and mitigate food insecurity while strengthening agricultural value chains,” Lagos State Commissioner of Agriculture and Food Systems Abisola Olusanya said.
According to aquatic food system nonprofit WorldFish, Nigeria produces an estimated 140,000 metric tons (MT) of pelleted feed annually but still has to import approximately 70,000 MT to meet growing demand from aquaculture practitioners mainly specializing in catfish and tilapia production.
With around one-third of the country’s feed being imported, feed costs have become a major constraint in expanding the nation’s aquaculture industry, with aquaculture entrepreneurs spending between 60 percent and 70 percent of their total production costs on feed, according to WorldFish.
Fish farmers pay an estimated NGN 42,000 (USD 27.80 EUR 26.78) for a bag of feed, which is nearly a 1,200 percent increase from the NGN 3,500 (USD 2.32 EUR 2.23) they paid around 2010...
