By Ugo Aliogo
Chi Farms Limited, an agribusiness company in Nigeria is planning to expand its catfish capacity to 600MT per month.
A statement by the group explained that the expansion was in line with its aim to satisfy the growing need for catfish in Nigeria.
The Managing Director, Chi Farms, Dr. Tunji Olaitan, said the company is currently increasing its aquaculture production capacity in a targeted and strategic manner.
He also stated: “We are currently operating on a 400MT per month capacity but to actualise our commitment to food production and support in reduction of food importation in Nigeria, these investments have to be made. We should complete this expansion and see significant changes in our production before the end of Q2 2021.”
The Head of Department, Aquaculture, Chi Farms, Mr. Lawrence Williams, expressed excitement about the expansion, noting that: “the expansion will not only increase the amount of catfish but also provide job opportunities for many working class Nigerians.”
He further stated that, “increasing the capacity of catfish production will help fill the gap in terms of demand in the market and enable the exportation of our catfish to different parts of the Africa”.
