'Liberia has huge shrimp deposit', NaFAA MD tells Senate Committee

Published Aug 26, 2021

Tridge summary

The Head of the National Fisheries and Aquaculture Authority (NaFAA) in Liberia, Madam Emma Glassco, has highlighted the country's untouched shrimp species deposit for potential investment. She mentioned that due to international marine laws, the authority cannot issue licenses without knowing the quantity of the stock. NaFAA is also working towards transitioning peddlers to motor boats through a bilateral agreement with Japan. The lack of infrastructure in the country is causing a loss of 60% of the revenue and a fish demand deficit of 33 thousand metric tons. NaFAA has distributed thread nets to over 300 fishermen in Grand Bassa County as part of an initiative to replace rubber or plastic nets.

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Original content

Monrovia — Madam Emma Glassco, head of the National Fisheries and Aquaculture Authority (NaFAA), has told members of the Senate Agriculture Committee about a huge potential for investment in the shrimp species. At a Senate committee appearance on Wednesday, she said, Liberia has an unharvest deposit of the shrimp species that has been untouched for the past 40 years but cannot invest into it by issuing licenses in fear of breaching international marine laws. "Over forty years nobody in Liberia has fished for shrimp. We think we have a huge potential in that area. In terms of crabs we have one of the best crab species in this sub-region. We have very good sea food but in keeping with international laws we cannot start licensing if we don't have data on the quantity of stock because as per international law only 40% of a species we can market." NaFAA boss also told committee members of the government's initiative to help peddlers transition to the use of motor boat through a ...

Source: All Africa