30% Poultry Farms Shut Down in Six Months – PAN – Landslide News
  • Latest
  • Trending
  • All
  • Business
  • Politics
  • Global
  • Lifestyle
  • Tech

30% Poultry Farms Shut Down in Six Months – PAN

July 3, 2024

Uganda Denies Active Ebola Cases, Says Nigerian Patient Travelled Through Country From DR Congo

October 21, 2026

2027: Wike Reveals How He Urged Dumo Lulu-Briggs to Drop Rivers Governorship Bid

October 21, 2026

NDC Moves to Replace Bauchi Candidates After Kashim’s Resignation

October 21, 2026

ADC Warns of Tinubu’s Fuel Tax in 2027

October 21, 2026

Mexico Approves Reno Omokri as Nigeria’s Ambassador After Months of Delay

October 21, 2026

Over 30 Suspected Sex Workers Arrested as Ebonyi Seals Unapproved Guest House

October 21, 2026

Ashiru Accuses Uba Sani Over El-Rufai’s Ordeal

October 21, 2026

FAAN Heightens Airport Surveillance Nationwide After Ebola Case Confirmed in Abuja

October 21, 2026

NDC Plans Fresh Congresses After Defection

October 21, 2026

APC Reshuffles Campaign Council

October 21, 2026

Oyo Sets Aside N4.28bn for 2027 Council Polls

October 21, 2026

2027: Utomi Warns Election Rigging Could Trigger Civil War in Nigeria

October 20, 2026
Landslide News
  • Home
  • Breaking News
  • Global
  • Business
  • Entertainment
    • Movies
    • Music
  • Fashion
  • Health
  • Lifestyle
  • Politics
  • Sports
  • Advertise
Create a Channel
No Result
View All Result
Landslide News
  • Home
  • News Insights @ LandslideNews
  • Breaking News
  • Politics
  • Global
  • Business
  • Entertainment
    • Movies
    • Music
  • Fashion
  • Health
  • Lifestyle
  • Sports
  • Tech
  • Advertise

30% Poultry Farms Shut Down in Six Months – PAN

byGrace Amos
July 3, 2024
in Business, Education
0

According to the Poultry Association of Nigeria, the industry’s difficulties have caused more than 30% of poultry farms in the country to close in the last six months. This was said by PAN’s National Publicity Secretary,

Mr. Godwin Egbebe, in a Tuesday interview in Lagos with the News Agency of Nigeria. Egbebe blamed the development on the high operating costs, pointing out that this also raised the price of eggs throughout the nation.

“About 30 percent of local poultry farmers nationwide have shut down their farms due to the hardship faced in the sector in the first half of the year.

“The government needs to know the severity of the situation poultry farmers are facing in the sector.

“The palliatives are not alleviating the ills in the sector, we seek sustainable solutions to the problems on the ground.

“The palliatives most times even end in wrong places rather than with legitimate farmers. Most farmers are leaving the sector because they cannot sustain the cost of operating their farms. Some have sold their cages and some have sold their farms,” Egbebe said to NAN

On the other hand, he advised nearby chicken producers to wait it out and not to abruptly cease their operations.

“We are appealing to our members that the current challenges in the sector is just a phase and they should not give up on the sector.

“There is actually no sector of the country that is not going through challenges currently, but we cannot allow the sector to collapse.

“If the farmers sell off all their cages and equipment, they may not be able to come back to the sector when things get better,” he said.

He attributed the sector’s biggest difficulty to the rising cost of feed.

“The price of poultry produce keeps increasing because the price of feed increases every other week.

“As of two weeks ago, we bought 25kg of feed at N14,300, just this past weekend, it is now N14,800.

“Early this year, we bought a bag for N12,000 and it sold for N9,000 last year. The increment is affecting the sector.

“Transportation cost is also another major bane of the sector, transportation of poultry produce increases the cost,” he said.

The PAN Lagos State Chairman, Mr. Mojeed Iyiola, had ascribed the increase in egg prices to a shortage brought on by some poultry producers closing their farms.

“The reason for the current hike in the price of eggs is that eggs are very scarce now.

“Most farmers have sold off their old layers, and to get new stock is very expensive as the price of a day-old chick is becoming unbearable.

“Farmers able to buy day-old chicks are considered to be well-to-do. Also, a majority of our local farmers have shut down their farms due to the high cost of feed.”

Grace Amos

Grace Amos

Related Posts

Hamzat: Africa’s Biggest Tech Challenge is Scaling Innovation

byBilkisu Kasim
3 days ago
0

Lagos State has identified the difficulty of expanding successful innovations to serve larger populations as a major obstacle to Africa’s...

NOUN Admits 36 Inmates Into Degree Programmes in Lagos

byBilkisu Kasim
3 days ago
0

  The National Open University of Nigeria (NOUN) has enrolled 36 inmates at the Medium Security Custodial Centre in Ikoyi,...

Raji Hands Over Owonikoko Memorial Classrooms

byRosemary Ani Pius
6 days ago
0

The Oyo State Government has taken over a newly erected classroom block provided by the Raji and Owonikoko families for...

Heirs Energies Deepens Investment in Seplat Energy

byBilkisu Kasim
2 weeks ago
0

  Tony Elumelu-linked Heirs Energies Limited has further expanded its investment in Seplat Energy Plc after acquiring six million additional...

Leave a Reply Cancel reply

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

I agree to the Terms & Conditions and Privacy Policy.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.