World Bank says removing RAP restriction would reduce aquaculture feed costs and exposure to fishmeal price volatility.
The laboratory is expected to strengthen Nigeria’s feed testing and regulatory capacity, at a time when the country’s livestock sector is under growing pressure.
The initiative is expected to benefit approximately 1.43 million individuals nationwide, with at least 30% of participants being women.
The World Bank notes that Tanzania’s population is projected to reach 77.7 million by 2030, resulting in a doubling of fish demand.
The falling prices are bringing welcome cost relief to feed manufacturers, but persistent volatility and trade tensions continue to cloud the outlook.