The Poultry Association of Nigeria (PAN) has warned that if some urgent steps are not taken by the federal government, the cost of chicken during the yuletide might be as high as N10,000 per unit
The association, in a press release made available to Blueprint stated that with the increase in feed prices especially soya beans and soya bean meal, the prices of eggs and chickens might go out of reach of many Nigerians.
The Chairperson of PAN, Ogun state Chapter, Blessing Alawode further requested the federal government to save Nigerian poultry industry from imminent collapse which the industry now faces as a result of unabated rising in the prices of bird feeds and concentrates used to feed chickens.
She explained that the feed inputs such as soya beans are going out of reach of an average poultry farmer with the price of the commodity now increased from N115,000 that was sold per ton in August to N215,000 in November, 2020, representing an increase of 86.95% within a four-month period.
Alawode appealed to federal government to come to their aid and save poultry industry from collapse since the business is no longer profitable due to the increased prices of feeds and concentrates, which in return, skyrocketed the prices of finished products such as chickens and eggs.
While demanding quick intervention from Federal Government and its Agencies such as the Central Bank of Nigeria, the Nigeria Customs Service, among others, Alawode alleged that large scale corruption within the feed millers and merchants, who cause artificial scarcity by hoarding the produce and illegally exporting it to neighbouring countries, put unnecessary pressures on the industry.
The press release tagged “Poultry Industry, A Trillion Naira Investment In Nigeria Faces Imminent Collapse As Prices of Maize, Soya Beans, Soya Bean Meal and Finished Feeds Rise Unabatedly”, further reads,
“In August 2020, maize and soya were sold at N170,000 and N115,000 per ton respectively, with the market price of commercial feeds at an average of price of N3,300 per bag of 25kg. While the price of maize remained at N170,000 per ton in September, soya jumped to N125,000 with commercial feeds at N3,600.
“In October, while the farmers were glad of a small decrease in maize to N152,000:00 per ton, soya rose again to N150,000:00 per ton and commercial Feeds then was N3,959. As of today, maize is N145,000, soya is N215,000, this represents 86.95% increase in four months and commercial feeds at N4,400, while the market is already resisting a tray of egg for above N1,000.
“Intelligence gatherings on issues around price increases in maize and soya reveals hoarding of the maize and soya by merchants, thereby causing artificial scarcity. Export of processed soya bean meal by some millers and poor harvest due to low quality seeds caused by the climate change and insecurity in the grains producing zones, among other factors
“We therefore call on Federal Government of Nigeria through the Ministry of Agriculture for a quick intervention to work around immediate ban on the export of processed soya beans and soya bean meal until local consumption is sustained and guaranteed.
“Approval of importation of animal feed grade grains must be given to cushion effect of the feed crisis. The CBN should, through its Development Finance Department, facilitate a working relationship between the producers (grain farmers) and the consumers (poultry farmers) to check the profiteering tendencies of the merchants.
“There should be intensified efforts on dry season farming to improve production capacity while not neglecting the quality of the seed to ensure high yield to reduce high cost of production per hectare.
“We also use this medium to call on the commercial feeds millers to show some level of consideration in their pricing as the survival of the poultry farmers is directly related to the continued existence of the millers”.