No fewer than 200 fish farmers at Ikangba/Agoro, via Ijebu-Ode in Odogbolu Local Government Area of Ogun State, have reportedly lost over N500 million investment after a flood hit their clusters of fish ponds.
The flooding which reportedly wreaked havoc last week Friday washed away the investment they put at over N500 million.
Speaking on behalf of other victims during a press briefing held on Friday, the Chairman of the Ikanga Agoro Fish Farmers Association, Lazarus Okole, said the flood had put the farmers out of business.
Okole who was flanked by the Secretary, Oluyemi Oludayo and other executive members, said the over 200 affected farmers spread across five fish farmers clusters of Ifeoluwa, Asejere, Progressive, Joye and Kajola.
He explained that though the farmers had in the past experienced mild flooding, the magnitude and impact of the losses suffered could not be compared with that of the latest disaster.
He added that except the Federal Government and the state Governor, Dapo Abiodun, come to their rescue, many farmers might die from the shock of the huge losses.