EXCERPT FROM THE STUDY
In contrast to the rest of the world, per capita fish consumption in sub-Saharan Africa including Nigeria has declined to almost half of the global average and despite suitable natural conditions; aquaculture provides only 2 percent of the region‟s supply of fish and little economic growth, employment and foreign exchange (World Bank, 2006). Past aquaculture development efforts have largely failed due to weak institutions, poor access to finance and a heavy reliance on failing government extension services and seed production. The focus on subsistence aquaculture may also have been misguided, as it often lacks the driving force of market demand and impetus provided by commercial reality.
Background to the Study
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