Poultry farmers groan as feed prices soar

Poultry Association of Nigeria, (PAN), on Friday called for urgent intervention of President Bola Tinubu’s administration on the astronomical hike in cost of poultry feeds. The association said that failure of Government to take urgent action to mitigate this challenge would lead to total collapse of poultry sub-sector of the economy. Secretary of PAN, FCT Chapter, Hakeem Musa, who made the call in an interview in Abuja, frowned at the perpetual hike in price of feed, adding that Government could intervene by giving grants to farmers in order to remain…

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25million jobs at stake, as farmers lament poultry sector on verge of collapse

Poultry Association of Nigeria (PAN), South-West zone, has appealed to President Bola Tinubu, Central Bank of Nigeria (CBN) and the Governors from the South-West geo-political zone to save the poultry sub-sector from total collapse. While urging the Federal Government to intervene and save the sector from imminent collapse, it stated that the challenges facing the association are enormous presently. Speaking on behalf of the association in Ibadan, the PAN Chairman, South-West zone, Gideon Oluleye, said that the issue of naira redesign dealt a major blow on the viability of the sector that…

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Poultry industry may shut down by January, as 5m jobs under threat

Ø  Prices of maize, soybeans jump 100% in nine months The Poultry industry is set to shut down production by January next year, unless urgent steps are taken to save the situation. This is in connection with the astronomical rise in prices of maize and soybeans— the main components of feed used for poultry production. President of the Poultry Association of Nigeria, Ezekiel Ibrahim, during a press conference tagged: ‘Crisis and the Survival of the Nigeria Poultry Industry: A Critical Moment,’ said the industry faced dire situation unless the government…

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