Corn Shortage: The Poultry Industry Is Over $4 Billion in Profit

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 Corn Shortage: The Poultry Industry Is Over $4 Billion in Profit

Currently, the poultry industry in Nigeria, which is estimated to be worth more than 4.2 billion dollars, is facing a serious threat of collapse, especially since the owners of the poultry farms have complained about the scarcity and high cost of maize and other poultry feed ingredients in the sectors. this country.

The research department of the newspaper LEADERSHIP Hausa found that the poultry sector provides Nigeria with at least 25 percent of its income in the agricultural sector and it is facing serious threats to its continued existence.

The Poultry Association of Nigeria (Poultry Association of Nigeria) has expressed its concern over the shortage of maize and the rising price of maize, and maize is at the forefront of chicken feed ingredients, which its shortage is trying to bring down the poultry industry in this country as a whole. The owners of the poultry industry said that this problem is trying to throw the development of the poultry industry in a good way which could throw more than 25 million jobs into trouble.

Jardar LEADERSHIP Hausa also found that the lack of chickens will have a negative effect on the poultry sector, especially considering that corn comprises at least 60 to 70 percent of chicken feed. This also led to the increase in the price of eggs and chicken due to the high cost of chicken feed. They also stated that there is a dire need to urgently help the poultry industry if we want to save the lives of millions of Nigerians who depend on the poultry industry for their livelihood.

The community is already experiencing the consequences of this high cost of products, especially what is related to eggs, where currently the price of eggs has increased by about 118.34 percent, since the import of corn from foreign countries is less than 97.91 percent. The increase in the price of eggs is something that has raised many people's concerns, especially considering that eggs are one of the ways to get protein that is good for the body. and the fact that there are problems in farmers' efforts to get loans from financial institutions has greatly helped to increase the price of eggs in the markets.

A poultry breeder in Abuja and a member of the Poultry Breeders Association of Nigeria, Mr. Sunday Akinola, explained the factors that have contributed to the increase in the price of eggs in the country, including the closure of poultry farms, the difficulty of difficulties faced in obtaining loans for the management of chicken farming from banks, the high cost of chicken feed ingredients, as well as the poor quality of roads leading to most chicken farms in the country have contributed to hindering the production of eggs despite the demand for eggs across the country. the federation of this country.

Mr. Akinola also added that the demand for eggs has exceeded the production, and it will continue to be scarce in the future. foreign currency will continue to affect the egg production in the coming months in the future.

Based on the problems that the mothers are facing, Mr. Akinola asked the government to immediately bring support. He asked the government to ease the ways of giving loans to poultry farmers, and encouraged the provision of security for farmers to continue the production of poultry and eggs in Nigeria.

In Kano State, chicken farmers have complained about the cost of chicken feed in the state. They have stated that since the beginning of this year they have faced an increase of more than 340 percent in the cost of chicken feed in other parts of the state, adding that this has greatly affected their business. raising chickens and producing eggs which has already caused some farms to close.

The investigation that was done a few days ago showed that chicken feed is now sold at N8,000 to N10,500, although it depends on the company that makes the food because some are more expensive than others.

In the words of the head of the Kano State Poultry Breeders' Association, Umar Usman Kibiya, he said that many of the poultry breeders in Kano State are currently seeking to close their breeding business because of the high cost of chicken feed and maize.

He added, "The demand for corn from flour companies, chicken feed manufacturers and corn eaters has increased the cost of corn in parts of the state.

The high cost of importing corn from abroad has exacerbated the problem. The way maize is grown has increased its price from N23,000 to N33,000 as we got information from the 'Dawanau International Grain Market'. The good thing here is that some companies have opened their warehouses, this has helped to reduce the price and supply of maize in the northern parts of Nigeria.”

Also, the Delta State Poultry Breeders Association has expressed its concern that more than 600 chicken farms are currently closed in the region, and the lack of chicken feed, such as maize, has contributed to this.

The president of the state association, Miosta Eric Tomfawei, stated that,