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

Middle Belt Group Lauds President Tinubu’s Intervention In Benue APC Crisis

***Says Speaker Abbas Right Man to Deliver on Lasting...

313 Network for Asiwaju 2027 Hails President Tinubu Over Rescue of Abducted Girls

The 313 Network for Asiwaju 2027, a grassroots support...

Muslims Attend Kaduna Christmas Service to Promote Peace, Interfaith Unity

By Achadu Gabriel, KadunaMuslims from across Northern Nigeria joined...

FRSC Confirms Two Dead, 19 Injured in Fatal Auto Crash on Lokoja–Okene Road

By Noah Ocheni, LokojaThe Federal Road Safety Corps (FRSC)...

Death of Kano Lawmakers a Major Blow to Government, Assembly — NNPP Chairman

By Jabiru HassanThe New Nigeria Peoples Party (NNPP) in...

Trump Says US Carried Out ‘Numerous’ Deadly Strikes on Terrorists in Nigeria

United States President Donald Trump has said American forces...

Muslims Attend Kaduna Christmas Service to Promote Peace, Interfaith Unity

By Achadu Gabriel, KadunaMuslims from across Northern Nigeria joined...

Humanitarian Minister Doro Condoles Borno Government, Victims Over Gomboru Mosque Bomb Blast

By Israel Adamu, JosThe Minister of Humanitarian Affairs and...

Kogi Poly Rector Felicitates Christian Faithful, Urges Peace and Unity at Christmas

By Noah Ocheni, LokojaThe Rector of Kogi State Polytechnic,...

EFCC Calls for Greater Accountability in Fight Against Corruption, Links Graft to Insecurity

By Francis WilfredThe Executive Chairman of the Economic and...

Death of Kano Lawmakers a Major Blow to Government, Assembly — NNPP Chairman

By Jabiru HassanThe New Nigeria Peoples Party (NNPP) in...

Related Articles

Popular Categories

spot_imgspot_img