Price of egg to hit N10,000 per crate – Poultry farmers

The Poultry Association of Nigeria (PAN) has warned that if urgent steps are not taken to support poultry farmers, prices of eggs may increase from the current N5,500 to N10,000 per crate.

They attributed the rising cost of the protein to the high cost of transportation as a result of fuel subsidy removal as well as indiscriminate increase in prices of feed by the millers.

The Secretary of PAN, FCT Chapter, Musa Hakeem, said this at a press briefing to commemorate World Egg Day on Saturday in Abuja.

Hakeem said the Federal Government must, as a matter of urgency, declare a state of emergency on Egg production in the country given the serious decline in protein intake, saying Nigerians can not afford to depend on the importation of eggs.

He pointed out”If we should go by the proportional increase in the prices of these factors mentioned earlier, we will be buying eggs at N10,000 per create, but because we wanted to be compassionate, coupled with the importance of eggs for health, we left the price at the current price of N5,500.”

Hakeem warned that the prices of the protein may change soon to N6000 going by the increasing prices of poultry feed.

He said “to the best of my knowledge, the last time we received any grains intervention from the government was three years ago saying other respite by the government to cushion the high prices of food are only read on the pages of the newspaper.