Bauchi, Nigeria – During a workshop organized by the Hadejia/ Jama’re Komadugu Yobe Basin Trust Fund, Dr Hassan Haruna Mbildya, head of the organization, identified fish farming as a way to revamp a stagnating economy and to fight poverty amongst unemployed youths in Nigeria’s Northeastern region.
Dr. Mbildya said “The fishery sector of the economy has a lot of potentials that has not been utilized, that is why the trust fund has brought these participants and consultants together to brainstorm on how to revitalize the regional economy through fishing business”
The workshop organized by Dr. Mbildya’s fund aims at providing knowledge and technical assistance to participants that are interested in updating the industry and creating new employment opportunities for the young and unemployed. The fishing industry currently employs over a million people and the money turnover is significant. Even the smallest markets, like the one in Gadar Maiwa, employ over a hundred workers and realize more than a million naira per week. The Komadugu Yobe river Basin alone, Dr. Mbildya claims, is home to at least a hundred of these markets and the total sector turnover amounts to more than a billion naira. The project to revitalize the industry aims at increasing the total turnover of the sector, and most importantly, fighting poverty by employing the region’s growing youth.
The workshop organized by the Yobe Basin Trust Fund takes place within a broader regional effort to increase the size and efficiency of the fishing industry. Three West and Central African countries (Nigeria, Cameroon, and Sierra Leone) have already agreed on two three-year fishery and aqua-culture projects starting in January 2012. The projects cost 500,000 US dollars each and are funded by the West and Central Council for Agricultural Research. Because the sub-sector contributes three percent to regional GDP and is one of the leading export markets, revamp projects like Dr. Mbildya’s workshop are crucial to the future of the regions economy and a vital aspect of the fight against poverty.
Sources: http://allafrica.com/stories/201306131516.html -http://www.google.com/hostednews/afp/article/ALeqM5gzSvBVKbWgBRfqs_EiyX_JF70U2g?docId=CNG.35938e723ad2fcbcb70c6292de0e98b4.571