The Poultry Association of Nigeria (PAN) has expressed concern over the closure of more than 50% of its farms in 2023, citing sectoral challenges as the primary reason for the shutdowns. Mr. Mojeed Iyiola, Chairman of the PAN Lagos State chapter, revealed this information during an interview with the News Agency of Nigeria (NAN) in Lagos.
According to Iyiola, poultry farmers are facing difficulties meeting the increasing demand for poultry products due to the closure of a significant portion of their farms. He mentioned that the shortage of poultry farms has led to a very low supply of eggs despite growing demand. As a result, the price of a crate of eggs has surged to as high as N3,000 and above even from the farm gate.
Iyiola emphasized the importance of sustained government interventions at all levels, particularly in subsidizing feed inputs, to ensure the prosperity of the poultry sector. The industry has been grappling with increased production costs, driven by rising prices of key ingredients such as maize, a major component in poultry feed production.
The price of maize, for example, has recorded a significant year-on-year increase of 79.23%, reaching N589.75 per 1kg by December 2023 from N329.05 in December 2022. The surge in production costs has impacted various poultry products, contributing to the challenges faced by poultry farmers.
The closure of poultry farms and the resultant shortage in supply have led to elevated prices for chicken products, including eggs, affecting consumers. The poultry sector is urging government support to address these challenges and sustain the viability of poultry farming in Nigeria.
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