July 1, 2020
Nigeria's poultry farmers raise alarm on industry collapse
Nigeria's poultry farmers in Ogun state raised the alarm of an imminent collapse of the poultry sector, after a sudden rise in the price of corn and other essential ingredients used in poultry feed production, Blueprint Newspapers reported.
The chairman of the Poultry Association of Nigeria (PAN), Ogun state, Alawode Blessing Isioma, who spoke to journalists at a press conference at the association's secretariat in Abeokuta, the state capital, lamented in March that the price of corn was increased from NGN97, 000 to NGN160, 000 per tonne, representing 65% increase.
She said more than 350,000 poultry farmers have been forced out of business while over 1,000 egg farmers have also lost their jobs as a result of the increase in the price of corn and other essential ingredients used in poultry feed.
She added that the price of soybean meal was also increased from NGN110, 000 to NGN135, 000 per tonne, representing a 22% increase.
Alawode attributed the alarming increase and scarcity of corn and other ingredients to the outbreak of the COVID-19 pandemic.
"The poultry industry is under siege. Many of our farmers have downsized their production capacity by over 300,000 birds while many others have buried thousands of crates of eggs to save themselves from total collapse."
"Feed constitutes 75% or more of what makes the capital of what goes into the poultry business. The increase and scarcity of maize [corn] and soya bean meal is forcing farmers to sell their eggs and birds at very cheap prices."
"The arbitrary increase in the price of maize was at a high level of NGN90,000 – NGN97, 000 per metric to which today is now scarce and price, at NGN150,000 – NGN160,000 per metric with no end in sight for the price increase for a material that constitute an average of 55% of the poultry ration," she said.