FG urged to Save N3trn poultry industry from collapse
Written by COMFORT 95.1FM on January 18, 2021
Poultry Farmers Association of Nigeria, Ogun State Chapter, has appealed to President Muhammadu Buhari to intervene and save over three trillion naira Nigeria poultry industry from imminent collapse.
There is contained in a letter from the association addressed to the President and copies given to journalists yesterday in Abeokuta.
According to the Association, twenty million jobs of Nigerian citizens would be in danger if the exorbitant prices and acute shortage of maize and soybeans, major constituents of poultry feeds, were not addressed.
The letter, which was jointly signed by the state Chairman, Idowu Asenuga, and the General Secretary, Oludare Kuforiji, was also copied to the Chief of Staff to the President, Minister of Agriculture and Rural Development, the Central Bank of Nigeria Governor, the Senate President, Chairman, Senate Committee on Agriculture, Speaker of the House of Representatives and the Chairman, House Committee on Agriculture.
According to the letter, the price of soybeans had increased by ninety percent, while the current price of maize in comparison to 2019 has risen by eighty percent, emphasizing that the increase in both products has led to increase in the price of poultry feeds to nearly hundred percent.