x

PAN Reports Closure of 30% Poultry Farms in Six Months Due to Sector Challenges

By  Milcah   Tanimu

The Poultry Association of Nigeria (PAN) has revealed that more than 30% of poultry farms across the country have ceased operations in the past six months, citing severe sectoral challenges.

In an interview  in Lagos on Tuesday, PAN’s National Publicity Secretary, Mr. Godwin Egbebe, attributed this significant closure rate to the exorbitant cost of operations, which has consequently driven up the prices of eggs nationwide.

“The first half of this year has seen about 30% of local poultry farmers shutting down their operations due to the hardships faced in the sector,” Egbebe stated.

He emphasized the urgent need for sustainable solutions from the government, expressing dissatisfaction with the current palliative measures that often fail to reach genuine farmers.

“The challenges faced by poultry farmers are severe, with many forced to sell off their equipment and even their farms,” Egbebe lamented, urging farmers not to hastily abandon the sector despite its current difficulties.

Egbebe highlighted the escalating cost of poultry feed as a primary challenge, noting recent price hikes that have further strained farmers’ profitability.

“The price of poultry feed has been skyrocketing, increasing our production costs significantly. Just within the past few weeks, we’ve seen the cost of feed rise from N14,300 to N14,800 for a 25kg bag,” he explained.

Mojeed Iyiola, PAN’s Lagos State Chairman, attributed the current scarcity of eggs and subsequent price hikes to the closure of many poultry farms and the high cost of acquiring new stock.

“As more farmers exit the sector due to high operational costs, the supply of eggs has dwindled, pushing prices upward,” Iyiola remarked.

Despite these challenges, PAN remains hopeful that concerted efforts and sustainable interventions from stakeholders will revive the sector and ensure its long-term sustainability.

Hot this week

FUL Matriculates 9,097 Students for 2025/2026 Academic Session

From Noah Ocheni, LokojaThe Federal University Lokoja (FUL) has...

Nigeria Records Gains Against Lymphatic Filariasis as Free Hydrocele Surgeries Expand

Nigeria is making progress in tackling lymphatic filariasis, a...

MOT!ON Raises Concerns Over Electoral Act 2022 Review, Questions NASS Intentions

The Movement for the Transformation of Nigeria (MOT!ON) has...

2026 budget proposal, Electoral Act to get legislative attention — Deputy speaker

The Deputy Speaker of the House of Representatives, Benjamin...

Accountability, Not Adulation, Should Guide Hajj Reporting

By Suleiman Bashar AliyuIn any healthy society, journalism serves...

Airports, Drug Syndicates, and Nigeria’s Global Reputation

By Tahir WaliNigeria’s airports are more than transit points;...

Kogi Govt Says Cash-Back Promotion Policy Boosts Workers’ Welfare

By Noah Ocheni, LokojaThe Kogi State Government says its...

Bayelsa Lays Late Deputy Governor to Rest as Tinubu, Jonathan Pay Tributes

By Amgbare Ekaunkumo, YenagoaBayelsa State on Saturday laid to...

Humanitarian:President Shettima Commissions Tudun Biri Resettlement Site in Kaduna

By Joyce Remi-BabayejuThe Vice President, Senator Kashim Shettima, has...

Army kills ISWAP commander, foils attacks in Borno

Troops of the Joint Task Force (North East), Operation...

Premier League Clubs Step Up Activity as January Transfer Window Nears Close

Premier League clubs intensified squad reshaping during the January...

March 31 Deadline: Oyedele Urges Nigerians to File Annual Tax Returns

Chairman of the Presidential Committee on Fiscal Policy and...

Crusade Dispute Puts CAN, PFN Under Spotlight

Allegations of interference and partiality have unsettled Nigeria’s major...

Related Articles

Popular Categories

spot_imgspot_img