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Delta fish farmers to set up micro-finance bank

By Emma Arubi
WARRI—FISH farmers in Delta State are set to up a micro-finance bank in Warri,  to  provide financial assistant to members .

The newly elected President of the United Ufuoma Fish Farmers Association, Ekpan, Mr. Rufus Ekwale, who  made the disclosure during his inaugural speech at the weekend, said plans were on  to establish the Micro Finance Bank, to carter for the financial needs of its members and farmers in the state at large.

According to him, the Association will soon mobilize its financial resources to establish the Micro Finance Bank.

He lamented that Nigeria has not been able to profitably harnessed the potentials that abound in the fish industry, as it could only provide about 20 to 25% offish protein need of its populace while the balance is imported, regretting that the country’s scarce resources were wasted on importation of fish.

“Just as I promised during our election on May 8, 2010, we must be ready to change the status quo.

We must be prepared to elevate ourselves above the subsistence level we currently find ourselves and build institutions that will support our aspiration. Fellow farmers, the die is cast. A journey of a million miles starts with a step.”

The Chairman of the occasion, Pastor Wilson Efi, said that the importance of farmers to the sustenance of a nation can not be overemphasized, adding that no nation can survive without the due reorganization of farmers, who provides the food that sustains the people and economy.

Saying that farmers remain one segment of society, who a nation can not avoid, he assure those involve in farming of a better and brighter future, even as he challenged them to embark on projects that would place them on the world’s map.

He admonished them not to relent in their determination to make Delta State and  Nigeria, great.


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