News 712 views last update:6 Aug 2012

Firm commissions 22,000 tons fish feed plant

Grand Cereals Limited, based in Jos, Nigeria has commissioned a plant to be built for an annual production of 22,000 tons fish feed.

Chairman of the company, Bode Emmanuel, disclosed this at the commissioning of the plant which was performed by Governor Jonah Jang of Plateau State.
The build is secured under the Commercial Agriculture Credit Scheme (CACS) of Central Bank of Nigeria (CBN).
He said the project was in response to the challenges faced by fish farmers in the country who hitherto depended on expensive and sometimes substandard imported fish brands adding, “This plant is a testimony of great success that can be achieved when government and the private sector co-operate to tackle the country’s development challenges.”
Emmanuel urged Nigerians to tap into the huge potentials in the aquaculture sector of the economy to benefit from the blue revolution that aquaculture represents.
Regional stability required
While re-affirming the commitment of the company to remain a major player in the economy of Plateau State, he urged both the Federal and state governments to find an enduring solution to the ethno-religious crisis in the state.
According to him, “authorities must find a way to sustain the peace that the state has been enjoying in the last three months to attract more private sector participation in the economy of the state.”
Group Managing Director of UAC of Nigeria plc, of which Grand Cereals Limited is a subsidiary, Larry Ettah urged the Federal Government to urgently formulate policies that would make agriculture a major contributor to the country’s Gross Domestic Product.
He said: “To unlock the potential of the sector and ensure rapid transformation of the country, we appeal to the Federal Government to urgently match pronouncements with delivery regarding the sorry state of our nation’s infrastructure.”

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