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Eni Ghana launches economic diversification project in the Western Region

  • SOURCE: citibusinessnews.com | Citi FM
    • POSTED ON: October 25, 2018
    • CATEGORY:

    Twenty-five households in Sanzule, Western Region have been supplied 12,750 day-old poultry birds to begin a Livelihood Restoration Plan initiated by Eni Ghana and other partners as part of efforts to diversify the local economy.

    The chickens are from a fertile breed and are expected to start laying eggs on a daily basis in about 6 months to provide the households with a steady source of revenue.

    Besides a batch of layer chicken, every household in the programme is to get chicken coops, supplies of breeders, feed and drugs, veterinary services, and specific training, mentoring and coaching.

    A press release by Eni Ghana said other 38 households in the community chose a similar program focusing on piggery, while 39 others chose sheep rearing. Aquaculture was chosen by 62 households that will benefit from the set-up and management of fish ponds to be harvested and sold to generate revenue, with catfish identified as the most appropriate choice for the ponds to start with.

    The release said catfish is well adapted to the area, has higher survival rate than tilapia, and enjoys strong demand on local markets.

    “This plan has been jointly designed with the beneficiaries, and is part of the effort of OCTP joint venture – formed by Eni Ghana, GNPC and Vitol – to support diversification and growth of the economy in the region. Based on an investment of $3.9m, the program includes activities in the areas of continuous cropping, livestock husbandry, aquaculture and fishing, processors, and training. Participants choose the options they wish to develop, and the joint venture provides capacity building, direct investment and support for 3 years, to the benefit of 205 households who have been directly impacted by OCTP activities, for a total of more than 1400 persons.”

    The release said demonstration farms for aquaculture and livestock keeping have been constructed and equipped with fish, livestock and tools, and are hosting training activities.

    Facilities for hair dressing, food, maize and cassava processing and soap making have also been built, whilst structures for dress making, welding, bakery, cold storage, pig sties, advanced smokers, carpentry and masonry are near completion.

    It said vocation and technical training activities were taking place in a local professional school in Sanzule that has been equipped for the purpose and that once all the trainings are completed the training equipment will be formally handed over to the school.

    The LRP was developed in compliance with International Finance Corporation (IFC) standards, and activities are constantly monitored by the World Bank and IFC.

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