Lagos State Governor, Mr. Babjide Sanwo-Olu, has said that the government will establish the Lagos Aquaculture Centre of Excellence (L.A.C.E), in collaboration with a private sector investor, as part of efforts to boost fish production in the State.
Governor Sanwo-Olu, who disclosed this at the Y2020 edition of the Lagos Seafood Festival held at the Muri-Okunola Park, Victoria Island, explained that the Centre is expected to generate no fewer than 5,000 smallholder fish farms, which would in turn create about 1,000 indirect jobs during the construction phase and another 500 direct jobs opportunities for people who would be engaged at different phases of the project.
He pointed out that the Project includes the establishment of a 50 million fish hatchery facility, projected 2,000 tons per annum table-sized fish production schedule, 24,000 tons per annum fish feed mill as well as a 20,000 ton-per-annum fish and seafood processing centre.