Members of the Poultry Farmers Association of Nigeria (PFAN) have lost more than N30 billion worth of eggs due to the lingering cash scarcity in the country.Information Guide Nigeria

In a statement on Friday, Sunday Onallo-Akpa, national president of PFAN, said,

“The poultry farmers in the country have lost over 15 million crates of eggs being unsold and are damaged,” NAN quoted him as saying.

“The average loss to the poultry industry as at this press release is in excess of over N30 billion.”

Onallo-Akpa lamented that the poultry industry was on the verge of total collapse and extermination.

According to THE CABLE, Onallo-Akpa described the poultry industry has contributed to about 25 percent of the agricultural gross domestic product (AGDP) and employing over 25 million Nigerians directly and indirectly.

“The industry is completely private sector driven and worth over N3 trillion,” he said.

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He said that the near absence of naira notes for Nigerians to make daily transactions have made businesses in the poultry industry more difficult.NYSC Portal

He said: “Eggs being daily produced by poultry farmers since the first week of February 2023 till date have never been offtaken by 20% because of the near absence and lack of the naira notes to buy basic food items and other necessary proteins like eggs and chickens.”

THE CABLE reports that PFAN boss, called on the government to make available direct grants and financial support to the industry through the association.JAMB Result

Onallo-Akpa, “Encourage the Armed Forces in various peace keeping operations, the Nigerian Prisons, the Internally Displaced Persons and primary schools (School Feeding Programme) to be immediate offtakers of the eggs.”

He urged the presidency to direct the National Emergency Management Agency (NEMA), the directorate of peacekeeping operations of the Nigeria Armed Forces, the social investment programme of the ministry of humanitarian affairs and disaster management, to work with the association on how immediate reliefs can be extended to poultry farmers across the country.

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