24.3 C
Accra
Friday, July 5, 2024
BusinessLake Volta Fish Farmers suffer GHC 46m blow from dam spillage

Date:

Lake Volta Fish Farmers suffer GHC 46m blow from dam spillage

spot_img

Tilapia farmers in Lake Volta, Ghana’s largest aquaculture production area, have suffered huge losses due to the spillage of water from the Akosombo and Kpong Dams by the Volta River Authority (VRA) in September.

According to a report by Efua Konyim Okai, West African aquaculture correspondent for The Fish Site, an online platform for the global aquaculture community, the farmers lost fish with an estimated value of 46 million cedis ($3.9 million) and many cages were damaged or swept away by the flood waters.

- Advertisement -

The VRA started a controlled spill from the dams on September 15, 2023, as a safety measure to prevent flooding, and advised people in the nearby areas to take precautionary measures. However, over the next few days, the spillage caused widespread damage to the cages on Lake Volta, which is home to about 90 percent of Ghana’s cage fish farms.

The situation took a further dire turn in October when the VRA issued another warning about impending spillage. John Domozoro, CEO of PBA Farms and secretary of the Ghana Aquaculture Association, voiced the distress of the local farming community, stating, “What we are seeing is a major loss of capital to the industry and to the nation. This will certainly affect the supply and prices of fish in Ghana and even neighbouring countries. The serious thing is that this is not over. We could witness more of such occurrences.”

- Advertisement -
Workers struggle to rescue tilapia cages on Lake Volta that were harmed by the flooding| Image credit: The Fish Site

Witnesses to the catastrophe, like Sejiro Oke-Tojinu, an aquaculture executive attending a workshop in the area, expressed sheer disbelief at the scale of the destruction. “I have never seen such damage in my life,” he lamented, describing the sight of numerous fish cages, now debris, being carried away by the spillage.

“I could see, from my hotel, lots of cages accompanied by aquatic waste, being washed away. Lots of resources have been lost, and my heart goes out to the affected farmers,” he explained.

In response to the crisis, the Fisheries Commission has advised farmers on emergency measures, including relocating their cages closer to the riverbanks and strengthening their anchorage. Additionally, there is an emphasis on the urgent need for affordable insurance packages for fish farmers, as discussions with insurance companies are currently underway.

- Advertisement -

Latest stories

GIPC CEO justifies decision to scrap capital requirements for foreign businesses

Chief Executive of the Ghana Investment Promotion Centre (GIPC),Yofi...

GSS predicts increased congestion in Accra by 2030

By 2030, Accra, Ghana's vibrant capital, is anticipated to...

Chief Justice rejects Richard Jakpa’s petition accusing the trial judge of unfairness

Chief Justice Gertrude Torkornoo has dismissed a petition from...

GBA president opposes Akufo-Addo’s plan to appoint 5 judges – NDC in intercepted letter

National Democratic Congress (NDC) has revealed information about Chief...

Man Utd willing to consider offers for Rashford – Reports

Man Utd is willing to consider offers for Rashford.Rashford's...

Shooting incident at Baniekrom kills 3, schools abandoned

Following a tragic shooting incident that claimed three lives...

This is why I insured my testicles for $10m – Nick Cannon

Popular American television host and father of 12, Nick...

Related stories

GIPC CEO justifies decision to scrap capital requirements for foreign businesses

Chief Executive of the Ghana Investment Promotion Centre (GIPC),Yofi...

Labour Bank: TUC to set-up bank to support its members

Trade Union Congress (TUC) has announced its intention to...

Implement sustainable revenue measures to restore macroeconomic stability – Gov’t told

Policymakers and academics have emphasized the urgent need for...

Ghana’s exports to EU countries surged 200 million euros in 2023

Ghana's trade with the European Union (EU) showed promising...

The term of BoG Governor must overlap that of the President to ensure continuity – IEA

The Institute of Economic Affairs (IEA) is urging substantial...

Ghana is rapidly leading in adoption of cryptocurrency – Report

The largest cryptocurrency exchange platform globally, Binance, published findings...

Key structural reforms improving Ghana’s economy – Abena Osei-Asare

Minister of State at the Finance Ministry, Abena Osei-Asare,...