• Friday, March 29, 2024
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Chi Farms to expand catfish production to 600MT per month

High prices dampen live chicken sales during festive season

Chi Farms Ltd., one of Nigeria’s leading agribusiness companies and a member of TGI Group, is planning to expand its catfish capacity to 600MT per month in a bid to satisfy the growing need for catfish consumption in Nigeria.

“We are currently operating on a 400MT per month capacity but to actualize 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,” Tunji Olaitan, the managing director, Chi Farms said.

According to Olaitan, the company is currently increasing its aquaculture production capacity in a targeted and strategic manner to meet market demand.

Over the years, CHI Farms has strengthened and diversified its product ranges and services in poultry, aquaculture, fish feed, cattle breeding and fattening, meat and meat processing.

Read Also: Battle with bird flu worsens Nigeria’s poultry farmers’ woes

It also offers a range of other services including technical support services, laboratory services and training institute for capacity building and manpower development within the agribusiness and aquaculture sector of the economy.

“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 Africa,” said Lawrence Williams, the head of department, Aquaculture, Chi Farms.

Williams state further that the expansion will not only increase the amount of catfish but also provide job opportunities for many working class Nigerians.