Thursday 14 August 2014

Nigerian First Lady Commissions Nigeria’s Newly Acquired Fishing Vessel but to operate on a Public Private Partnership

In a bid to boost its economy through the agriculture sector, Nigeria today officially acquired the first ever dual purpose vessel Newly built in Gdansk, Republic of Poland.

The vessel is billed for deep sea fishing and research works.

Dame Patience Jonathan, who commissioned the vessel, expressed happiness that when put to use, the vessel named RV Bayagbona after the First Executive Director of Nigerian Institute of Oceanography and Marine Research, Dr. Bayagbona will further drive the Agricultural policy of President Goodluck Jonathan to make Nigeria self-sufficient in food production, especially fish production.

The First Lady said the acquisition of the vessel will enhance the exploration of these resources. She also noted that the vessel will boost Nigeria’s capacity in Marine and Oceanography research for sustainable development and management of the country’s vast resources.

The Minister of Agriculture and Rural Development, Akinwumi Adesina said the acquisition of the 10.1 million Euro vessel will see to 25 per cent reduction in fish importation, giving room for the exploitation of the country’s rich tuna resources.

Channels Television’s correspondent, Lauretta Chiogor, reports that RV Bayagbona is due back in Nigeria next month and will be handed over to the Institute for Marine Research and Oceanography.

She also adds that the vessel will operate on a Public Private Partnership.

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