Eggs may hit N10,000 per crate, poultry farmers raise alarm

Oct. 13, 2024 - Daily Trust

A crate of egg which currently sells between N5,500 and N6,000 may soon be sold at N10,000, according to Poultry Association of Nigeria (PAN). Nigeria is currently experiencing one of its worst inflation in decades as prices of many commodities have skyrocketed.

Hakeem attributed the looming increase to soaring transportation costs resulting from the removal of fuel subsidies, and escalating feed prices driven by feed millers. Hakeem urged for stronger cooperation between the government and Poultry farmers, emphasizing that the association possesses comprehensive data on poultry farmers that could be utilized for more targeted interventions.

On his part, an agro-dealer, Jude Arikogu, raised issues regarding the quality and weight of poultry feed, noting that some 25kg bags often weigh less than stated, further straining farmers already grappling with rising operational expenses...