REDUCING POVERTY
To improve the quantity and quality of ļ¬sh seeds and enable easy access for the farmers before 2021, PIND collaborated with the Fisheries Society of Nigeria (FISON) to develop quality broodstock banks. We also partnered with six private hatchery operators from Delta, Ondo, and Rivers states to raise broodstock banks from the pure lines produced by the Fisheries Society of Nigeria (FISON).
AQUACULTURE Summary of
Outcomes:
NGN 3.07 billion/USD 7.48 million of funds leveraged from the public and private sectors by PIND into the aquaculture value chain to implement good pond management practices and technological innovations 5,294 aquaculture farmers reached information about the best pond management and business practices, quality input, and new technology NGN 1.61 billion/USD 1.5 million in increased incomes earned by 2,289 ļ¬sh farmers Over one million high-quality ļ¬sh seeds produced 1,352 new aquaculture jobs facilitated
in 2020, due to the COVID-19 pandemic, our aquaculture farmers had limited inļ¬ow of inputs, market access, and access to aquaculture services. Reduced demand for fresh and smoked ļ¬sh also led to a drop in ļ¬sh prices and a rise in ļ¬sh feed prices. There was also limited access to working capital as ļ¬nancial institutions limited their operations. To help ļ¬sh farmers and processors overcome this threat to their livelihood, our aquaculture service providers (ASPs) worked on identifying alternative access to inputs and ļ¬nance. These ASPs helped ļ¬sh farmers to adopt pool resources to bulk-purchase raw materials; taught them how to reach new customers through phone calls and social media; and linked them to microļ¬nance institutions. This support continued in 2021, with NGN 3.07 billion/USD 7.48 million invested in the aquaculture value chain and 1,353 new aquaculture jobs facilitated. In 2021, we continued to build the capacity of ļ¬sh farmers and processors to increase their productivity and proļ¬ts. Working with our network of ASPs, we oļ¬ered training on good pond management practices, the use of quality inputs, business skills, and ļ¬nancial literacy. We concentrated a major part of our outreach in coastal communities to help ļ¬sherfolk. Of the 5,294 beneļ¬ciaries of our outreach, 2,289 farmers and processors earned increased incomes of NGN 1.61 billion/USD 3.92 million.
Fish farmers also saw a rise in the cost of ļ¬sh feeds, which make up 70% of production costs. This was due to increased inļ¬ation in Nigeria and the devaluation of the Nigeria Naira (NGN). In 2020, to improve the quantity and quality of ļ¬sh seeds as well as enable easy access for the farmers, in previous years, we collaborated with the Fisheries Society of Nigeria (FISON) to develop quality broodstock banks. We then identiļ¬ed and partnered with six private hatchery operators from Delta, Ondo, and Rivers States to raise broodstock banks from the pure lines produced by FISON. In Delta and Cross River States, we also partnered with the US Agency for International Development (USAID) Feed the Future (FtF) Nigeria to fund the Agricultural Extension and Advisory Services (AEAS) to complement the production and use of quality ļ¬sh seeds by farmers. We continued these interventions in 2021 and as a result, ļ¬sh seed production has gained signiļ¬cant traction in the region. In 2021, over one million quality ļ¬sh seeds were produced versus 515,000 ļ¬sh seeds in the previous year. In previous years, we had introduced the Chorkor oven and smoking kiln technologies as part of the eļ¬ort to improve the eļ¬ciency of ļ¬sh processors. To sustainably promote the adoption of the technologies, we built the capacity of masons and fabricators to enable them to produce and market these technologies commercially. We also worked with the masons and other service providers to carry out demonstrations to stimulate the adoption of the technologies, particularly in the coastal and riverine communities. 82 out of 1,113 ļ¬sh processors reached with demonstrations in 2021 adopted the technologies. For example, ļ¬sh processors from Kokodiagbene, Ajudaibo, and Madangho communities in Delta State acquired 20 Chorkor ovens for commercial use.
2021 ANNUAL REPORT