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 journalistAs...

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...

A’Ibom Lawmaker, Edidem, lauds Tinubu over Akpabio’s SSDC appointment

By Ogenyi OgenyiDeputy Speaker of the Akwa Ibom Assembly,...

Dr. Uduak Silas Obot Laid to Rest in His Country Home

Amgbare Ekaunkumo, YenagoaThe remains of Dr. Uduak Silas Obot,...

Bayelsa Governor Lauds Security Agencies for Synergy

Amgbare Ekaunkumo, YenagoaBayelsa State Governor, Senator Douye Diri has...

Bayelsa Cult Attack Claims Two Lives

Amgbare Ekaunkumo, YenagoaTwo Niger Delta University graduates were brutally...

B’Haram: Zulum approves 35 patrol vehicles, motorcycles for Borno community

By Achadu Gabriel, KadunaBorno State Governor, Babagana Umara Zulum,...

Adulterated soya beans oil producing factory discover in Kaduna

By Achadu Gabriel, kadunaApparently owing to severity of hardship...

Judge Faces Compulsory Retirement for Misconduct in Kogi

By Noah Ocheni, LokojaAn area court Judge, Alemeru Adekunle...
spot_img

Related Articles

Popular Categories

spot_imgspot_img