President William Ruto’s Cabinet has approved the construction of KSh. 1 billion aquaculture project in Kisumu to boost fish farming in the lake region and the country in general.
According to the office of the president, the government will invest in the money in Kabonyo Fisheries Aquaculture Service and Training Centre of Excellence to train people on sustainable usage of the vast maritime resources the country boasts of.
“The center will facilitate training, research, innovation, and best practices in Fisheries and Aquaculture through demonstrations and incubations. The seminal project will include the development of a Nile Perch Technology and Innovation Centre, an Aquaculture Resource Centre, and the Kenya Fishing School,” said the president’s office in a statement.
Read: President Ruto Banks On African Development Bank To Adress Climate Change
In what was the first meeting of the cabinet presided over by the new head of state, the cabinet said that the project would help in breeding new types of fish as well as provide alternatives for the production of fish feeds.
“It will also involve adoption, domestication, and selective breeding of Nile Perch, Common Carp, Milk Fish, Tilapia, and Catfish to increase the numbers available to small and large-scale fish farmers. The centre will offer complimentary sources of production of raw materials for animal feeds and fertilizer; thereby reducing the current inordinate pressure on Lake Victoria and thus allowing for the rejuvenation of the Lake’s fish production,” said the presidency.
Other approvals made by the cabinet during the November 10 meeting include the construction of bitumen roads, clearance of all pending bills to constructors and amendment to the Petroleum Development Act.
The amendment to the Act seeks to ensure funds from the Petroleum Development Levy are allocated to road infrastructure development.
Read: Moses Kuria Makes U-turn On Mitumba Ban After Uproar
On matters of the biting cost of living, the cabinet resolved to bank on the Kenya National Trading Corporation (KNTC) to help come up with strategies for creating food reserves and stabilizing prices of essential commodities.
“KNTC, as a trading company, will supplement other State initiatives by creating Strategic Reserves for staple and essential food items, vital farm inputs including fertilizer and any other goods necessary for ensuring stability in the prices of core goods consumed by Kenyans,” said the presidency.
“KNTC will leverage on its infrastructure and capacity to help stabilize prices of all essential items in instances where price swings of essential items are abnormal and against the public interest.”
Email your news TIPS to editor@thesharpdaily.com