Poultry farmers in the country have said the price of the commodity will continue to rise as more farms keep closing down as a result of economic hardship.
Chairman, FCT Chapter, Poultry Association of Nigeria (PAN), Pius Aminu stated this at an event to commemorate the 2022 World Egg Day with the theme “Egg for better Life’’.
They urged FG to intervene in the sector with grants for farmers.
According to the poultry farmers, some of the contributing factors to the hike in the price of eggs were the closure of most farms, lack of access to credit facilities by the farmers, high cost of maize, soybeans, and other micro-ingredients for poultry feed production.
PAN also attributed the increase in cost of egg production to the high cost of feed across the country, which makes it unaffordable to farmers. They also cited insecurity and lack of access roads to poultry farms among others, despite high demand for the commodity.
Aminu lamented that at the moment, demand for the product was higher than the few farms presently in production.
PAN urged the government to assist farmers through the provision of grants, making loan facilities flexible and easily accessible to farmers as well as guaranteeing their security.