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

Editors Urge Government To Create Safe, Enabling Environment For Journalists

· Ask security agents to find missing Vanguard journalist As...

EXCLUSIVE: Buhari orders probe of Isa Funtua, AMCON over keystone and Etisalat

Following the controversy generated by the leading opposition party,...

6 Signs your boyfriend thinks you are ugly -Take note of No. 2

They say there are three kinds of people; the...

2023: South-East, Middle Belt Forum Endorses Peter Obi

The South-East and Middle Belt Forum has endorsed the...

Tinubu Lights Up Dakibiyu District, Commissions Connector Road CN-8 Road

By Joyce Rémi-Babayeju President Bola Ahmed Tinubu on Tuesday opened...

Wike Never Allocated Land In Abuja To Children – Aide Insists

By Joyce Remi-Babayeju Senior Special Assistant on Public Communications and...

Tinubu Extols Wike For Localizing Renewed Hope Agenda, Commissions Giri Access Road

By Joyce Remi-Babayeju President Bola Ahmed Tinubu on Monday extolled...

Gov Mutfwang Reaffirms Commitment to Business-Friendly Environment in Plateau

By Israel Adamu, Jos Governor of Plateau State, Barrister Caleb...

One Killed, Homes Razed as Family Members Clash Over Farmland in Plateau

By Israel Adamu, Jos One person has been confirmed dead...

Akume’s Alleged Resignation a Plot to Incite Religious Tension – Northern CAN

By Achadu Gabriel, Kaduna The Christian Association of Nigeria (CAN)...

Kaduna Govt Debunks Alleged 24-Hour Curfew in Kakuri

By Achadu Gabriel, Kaduna The Kaduna State Government has debunked...

Delta Govt Open to Constructive Criticism – Aniagwu

By Anne Azuka The Delta State Government has reaffirmed its...
spot_img

Related Articles

Popular Categories

spot_imgspot_img