The World Bank has initiated an ambitious plan to transform Ghana’s fisheries sector to significantly boost its contribution to the economy.
According to the Bank, the output of the sector is rather low despite the over-fishing that is taking place. The plan hopes to greatly improve the fortunes of fisher-folk by improving the techniques they use in processing their catch.
Country Director Ishac Diwan explained that under the scheme, fishermen will be licensed and each license will be worth GH¢20,000 to GH¢30,000.
“Once you have a fixed number of fishermen then you can invest in them to improve their productivity,” he said.
Mr. Diwan said the licensing of small players will also ensure that they are easily identified and supported to grow.
He said fishermen need to be supported to add value to the fish they catch.
Source: Joy News/Ghana
DISCLAIMER: The Views, Comments, Opinions, Contributions and Statements made by Readers and Contributors on this platform do not necessarily represent the views or policy of Multimedia Group Limited.
Tags:
Latest Stories
-
This economy has to deliver jobs for Ghanaians – Dr Theo Acheampong
6 minutes -
I went to Shatta Wale for advice during my campaign – A Plus
12 minutes -
Mahama embarks on peace mission to Bawku and Nalerigu
16 minutes -
Karela United closes in on Nurudeen Amadu as new head coach
37 minutes -
Kotoko’s Amoah ruled out for 2 months with ankle injury
56 minutes -
Akufo-Addo’s government showed no interest in investigating election-related deaths – Peter Toobu
56 minutes -
ORAL is corruption CCTV – Ablakwa
1 hour -
Rising bond yields point to fiscal challenges for sovereigns – Fitch
1 hour -
Otto Addo is not the right man for the Black Stars – Osei Palmer
2 hours -
ORAL operation: I receive threats daily – Okudzeto Ablakwa
2 hours -
Scrap e-levy, betting taxes, but don’t introduce new ones through back door – Gideon Boako
2 hours -
Mahama revokes appointment of MIIF CEO
2 hours -
Gold, cocoa prices to surge in 2025, but crude oil to tumble – Report
2 hours -
GPL: Kotoko’s Emmanuel Kotei suffers ACL injury, set to miss rest of the season
2 hours -
Hollywood actress, Dalyce Curry’s body found burnt in Los Angeles home amid wildfires
2 hours