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

Tinubu Accuses Opposition of Misrepresenting Electoral Act, Rejects One-Party Claims

President Bola Tinubu has criticised opposition parties for what...

Oil Firm Confirms Three Dead in Road Mishap in Akwa Ibom, Reaffirms Safety Measures

By Ogenyi Ogenyi, UyoThe management of Sterling Petrochemicals and...

Arise News Anchor Constance Ikokwu Joins Politics

Arise News Anchor and Analyst Dr. Chiogo Constance Ikokwu...

CSO Urges Coordinated Security Measures for 2026 Hajj Pilgrims

By Jabiru HassanA civil society organisation, Independent Hajj Reporters,...

NEMA Receives 100 Nigerian Returnees from Algeria Under IOM

By Joyce Remi- BabayejuThe National Emergency Management Agency (NEMA),...

Bayelsa Creek Stakeholders Endorse Diri, Seek 2027 National Assembly Slot

Stakeholders from creek communities in Sagbama Local Government Area...

Kogi Awards Contract for 9km Dualisation of Airport Road

From Noah Ocheni, LokojaThe Kogi State Government has approved...

FG to Collaborate with AGFAN to Boost Economic Development

By Francis WilfredThe Federal Government has reiterated its readiness...

Court Grants Final Forfeiture of N3bn and Properties linked to NNPC Official

 By Francis Wilfred Justice J.O Abdulmalik of the Federal High...

Court Jails Man for Naira Abuse in Enugu

By Francis WilfredJustice of the Federal High Court sitting...

Chief Saboh Defects to NDC with Over 10,200 Supporters

A chieftain of the (APC) and former Chairman of...

Related Articles

Popular Categories

spot_imgspot_img