• About Us
  • Contact Us
  • Privacy Policy
Sunday, July 3, 2022
The Union Nigeria
No Result
View All Result
  • Home
  • News
    • National
    • International
    • Security
    • Judiciary
    • Special Reports
  • Politics
  • Investigations
  • Business
    • Economy
    • Agriculture
    • Aviation
    • Banking
    • Communication
    • Energy
    • Maritime
    • Oil & Gas
    • Technology
    • Tourism
  • Health
  • Education
  • Arts & Life
    • Art
    • Books
    • Fashion
    • Lifestyle
  • Sports
    • Football
    • Athletics
    • Tennis
    • Racing
    • Golf
  • Press Freedom
  • Opinion
    • Editorial
    • Interviews
    • Columns
  • Home
  • News
    • National
    • International
    • Security
    • Judiciary
    • Special Reports
  • Politics
  • Investigations
  • Business
    • Economy
    • Agriculture
    • Aviation
    • Banking
    • Communication
    • Energy
    • Maritime
    • Oil & Gas
    • Technology
    • Tourism
  • Health
  • Education
  • Arts & Life
    • Art
    • Books
    • Fashion
    • Lifestyle
  • Sports
    • Football
    • Athletics
    • Tennis
    • Racing
    • Golf
  • Press Freedom
  • Opinion
    • Editorial
    • Interviews
    • Columns
The Union Nigeria

Christmas Shopping: Why Poultry, Livestock Will Be Scarce In Nigeria

Following the sharp increase, the cost of feed has increased, from N3000 in March to between N4600 and N5300. The cost of poultry industry feed, which contributes 75 per cent to production costs, has risen by over 75 per cent within nine months.

by The Union Nigeria
November 28, 2020
in Agriculture
Christmas Shopping: Why Poultry, Livestock Will Be Scarce In Nigeria

Poultry Farm

Share on FacebookShare on TwitterShare To WhatsAppSend To Mail

The Poultry industry is set to shut down production by January next year, unless urgent steps are taken to save the situation.

This is in connection with the astronomical rise in prices of maize and soybeans— the main components of feed used for poultry production.

A ton of maize, which, hitherto, sold for N85,000 one year ago, currently costs between N145,000 and N160, 000; while the price of soybeans has risen from N130,000 to between N215,000 and250,000.

Following the sharp increase, the cost of feed has increased, from N3000 in March to between N4600 and N5300. The cost of poultry industry feed, which contributes 75 per cent to production costs, has risen by over 75 per cent within nine months.

Industry experts blamed the development on increase in exportation of maize and soybeans, mop-up of maize grains for COVID-19 palliatives, the protracted lockdown, #EndSARS protests and lack of incentives to the industry.

ALSO READ  NIGERIA AIR: Proposed National Carrier Miss Deadline For Takeoff By One Month

PRESIDENT of the Poultry Association of Nigeria, Ezekiel Ibrahim, during a press conference tagged ‘Crisis and the Survival of the Nigeria Poultry Industry: A Critical Moment,’ said the industry faced dire situation unless government acts fast. He said the industry could be forced to shut in January 2021 if nothing urgent is done.

According to him, the major reasons given for the scarcity and high cost of soybeans and maize in the country are insecurity, climate change and hoarding. He added that findings showed that soybeans were being exported in seeds and meals, which has contributed to the present crisis.

He maintained that small and medium-sized poultry farms, which are major players in the industry, are shutting down, thereby threatening over five million jobs created by the industry.

ALSO READ  SPECIAL REPORT: As Nigeria Gears for 2022 Population and Housing Census

To salvage the situation, the association called on government to immediately halt soya bean and soya meal exports, as well guarantee local food security. According to him, there is need to allow immediate importation of soya beans and maize into the country as stop-gap in mitigating supply shocks.

General Manager, Premier Feed Mills, Austin Dalyop, also said the quality of Nigerian soybeans, being a non-GMO variant, has placed the grain on high demand in the international market. He said the scarcity of feedmill component had made it impossible for smallholder poultry farmers to survive.

Poultry Farm
Poultry Farm

He also attributed the current downturn to the bird flu disease that affected many big farms at the beginning of the year. He added that, during the lockdown, it was difficult to transport chicks and feeds within the state.

ALSO READ  Stop Disregard For Town Planning Laws, Sanwo-Olu Urges Stakeholders

Post Covid-19 lockdown, price of maize hit the rooftops, as it was sold for about N200, 000 per tonne; the reason being that state governments were buying up the grain for palliatives as food to the people, forcing the grain to dry up.

He said: “Smallholder farmers are fallen apart due to the high cost of feed mill, as they now have to pass the high cost to the end-product, which many Nigerians cannot afford. After Christmas, most of the farmers may not be able to keep up, as they may have to sell off their chicks.”

He called on government to take proactive steps to reverse the current trend. (The Guardian)

close

Subscribe To Receive Newsletters

Check your inbox or spam folder to confirm your subscription.

ShareTweetSendSend
Previous Post

Naira Weakens To Lowest In Three Years

Next Post

Police Arrests 22-Year Old For Kidnapping, Killing Neighbour in Kano State

MORE STORIES

West Africa Faces Worst Food Crisis In Ten Years – Oxfam Raises Alarm

West Africa Faces Worst Food Crisis In Ten Years – Oxfam Raises Alarm

April 6, 2022
Burning Of My Farm A Bad Development – Obasanjo

Burning Of My Farm A Bad Development – Obasanjo

February 2, 2022
Nestlé Announces Plan To Tackle Child Labor Risks, Increase Farmer Income

#Nestlé Announces Plan To Tackle Child Labor Risks, Increase Farmer Income

January 29, 2022
Our Goat Fattening Program Is Necessary Because… - Delta Govt Explains

Our Goat Fattening Program Is Necessary Because… – Delta Govt Explains

January 10, 2022

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.

TRENDING STORIES

  • EXCLUSIVE: DSP Omo-Agege in Alleged Alliance with PDP’s Mutu amid ‘Dollar Rain’ - Source

    EXCLUSIVE: DSP Omo-Agege in Alleged Alliance with PDP’s Mutu amid ‘Dollar Rain’ – Source

    0 shares
    Share 0 Tweet 0
  • BREAKING: Court Slams Senator Nwaoboshi Seven Years Over Money Laundering

    0 shares
    Share 0 Tweet 0
  • WEMA Bank In Bribery Scandal As Police Charge Official To Court

    0 shares
    Share 0 Tweet 0
  • PDP: Okowa’s Selection As VP Tears PDP Apart As Ayu’s Fate Unknown

    0 shares
    Share 0 Tweet 0
  • Drama As Okorocha Storms Out Of Plenary In Anger After Lawan Shut Him Down

    0 shares
    Share 0 Tweet 0
  • SPECIAL REPORT: 49 Kidnapping Hotspots On South-West Roads Identified

    0 shares
    Share 0 Tweet 0
  • SPECIAL REPORT: Despite Lack Of Funds Nigeria Gifts ₦806 Million To Guinea Bissau (See Implications)

    0 shares
    Share 0 Tweet 0
  • OPINION: 2023, PDP & Governor Okowa’s Loneliness

    0 shares
    Share 0 Tweet 0
  • BREAKING: Bandits Attack Gwarinpa Estate In Abuja, Kidnap Residents

    0 shares
    Share 0 Tweet 0
  • Anambra Governor Soludo Denies Mocking Peter Obi

    0 shares
    Share 0 Tweet 0
ADVERTISEMENT

RECENT STORIES

How Police Rescued Over 20 ‘Abducted’ Children Kept Underground In Ondo Church

How Police Rescued Over 20 ‘Abducted’ Children Kept Underground In Ondo Church

July 3, 2022
NPFL: Fans Attack Enugu Rangers Coaching Crew After Losing Game In Anambra

NPFL: Fans Attack Enugu Rangers Coaching Crew After Losing Game In Anambra

July 3, 2022
Tinubu Denies Meeting Wike In France But Says His Doors Are Open

Tinubu Denies Meeting Wike In France But Says His Doors Are Open

July 2, 2022
Buhari Signs Deal To Allow UK Offload Hardened Foreign Criminals In Nigeria

Buhari Signs Deal To Allow UK Offload Hardened Foreign Criminals In Nigeria

July 2, 2022
BREAKING: Court Slams Senator Nwaoboshi Seven Years Over Money Laundering

BREAKING: Court Slams Senator Nwaoboshi Seven Years Over Money Laundering

July 1, 2022

THE UNION NIGERIA

TheUnionNigeria.com is an independent, nonprofit news website that seeks to promote transparency and accountability through robust and objective reporting. We aim to critically engage you with news reports, Opinions, Editorials, Politics, Business Sports, Entertainment news, Lifestyle, Education, Videos, Photos, Documents and investigative reports.

  • Facebook
  • Twitter
  • YouTube

GET NEW POST ALERT

Check your inbox or spam folder to confirm your subscription.

NEWS SOURCES

  • Africa.com
  • Businessday
  • Channels Television
  • Daily Independent
  • Daily Times
  • Daily Trust
  • Leadership Newspaper
  • National Daily
  • NewsDiary Online
  • Nigerian Tribune
  • Economic Confidential
  • Peoples Gazette
  • PM News
  • Pointblanknews
  • Premium Times
  • Punch
  • The Guardian
  • The Nation
  • The Sun
  • Thisday
  • TV360 Nigeria
  • Vanguard

©The Union Nigeria | Published By Flying Dutchman Limited.

No Result
View All Result
  • Home
  • News
    • National
    • International
    • Judiciary
    • Security
    • Crime
    • Special Reports
  • Politics
  • Investigations
  • Business
    • Economy
    • Agriculture
    • Aviation
    • Banking
    • Communication
    • Energy
    • Maritime
    • Oil & Gas
    • Technology
    • Tourism
  • Health
  • Education
  • Arts & Life
    • Art
    • Books
    • Fashion
    • Lifestyle
  • Entertainment
    • Movies
    • Music
  • Sports
    • Football
    • Athletics
    • Tennis
    • Golf
    • Racing
  • Opinion
    • Editorial
    • Interviews
  • Press Freedom
  • Columns
  • TUN TV
  • ABOUT US
  • CONTACT US

©The Union Nigeria | Published By Flying Dutchman Limited.