Close Menu
  • Home
  • News
  • Politics
  • Lifestyle
  • Opinion
  • Science
  • World
  • Entertainment
  • Finance
  • Football
Facebook X (Twitter) Instagram Threads
Facebook X (Twitter) Instagram
YFON
  • Home
  • News
  • Politics
  • Lifestyle
  • Opinion
  • Science
  • World
  • Entertainment
  • Finance
  • Football
Subscribe
YFON
Home»News»Farmers, sellers decry rising egg price, seek govt intervention
News

Farmers, sellers decry rising egg price, seek govt intervention

AdeboyeBy AdeboyeNo CommentsOctober 20, 20244 Mins Read
Share
Facebook Twitter LinkedIn Pinterest Email

The Poultry Association of Nigeria, Lagos State chapter, and other stakeholders in the sector have lamented the incessant hike in the price of egg and called for the Federal Government’s intervention.

They also lamented that eggs, which used to be the cheapest source of protein, were getting out of the reach of many Nigerians.

They said this in separate interviews on Sunday in Lagos.

The Chairman, Poultry Association of Nigeria, Mojeed Iyiola, blamed the price hike on the high cost of raw materials for bird feed.

Mr Iyiola said, “The price of a crate of egg keeps increasing because of the high cost of raw materials. Despite all the government’s support and the open window for the importation of maize, the prices of feeds are not even going down at all. This is because other raw materials for the formulation of bird feeds are not being subsidised at all. Although maize takes between 60 and 65 per cent of feed production, other materials are on the high side. We still pay high prices for materials such as soya, methylene, lysine and premix. So, the intervention of government has not even reflected at all on the price of poultry produce.’’

The PAN chairman said the lowest price of a crate of eggs from the farm gate was N5,000.

He said, “We sold eggs in commemoration of the World Food Day on October 16 at the lowest price of N5,000 per crate. The incessant price hike has made the business tiring for most poultry farmers. The least price for a crate of eggs goes for between N4,300 and N4,500, and this is the smallest size. While regular crates of eggs sell at N5,000 and above. However, the price of maize has come down to between N750,000 and N800,000 per tonne as against N900,000 and N1,000,000 it was sold for a month ago.”

Other stakeholders and traders of the produce blamed the lack of proper egg production infrastructure, human factors, economic constraints, and environmental factors as reasons for the dire situation for egg sellers and consumers.

An egg seller at the Boundary Market, Taiwo Bashiru, said that she had been in the egg business for a long time.

Mrs Bashiru said the price of eggs had skyrocketed like never before.

She said, “I have sold eggs for over 10 years, but never have I seen prices skyrocket like this. Demand is high, especially among low-income households. The major challenge we face is inconsistency in supply due to feed costs and transportation expenses.’’

Another egg seller, Bummi Olayinka, lamented that inflation had impacted the poultry industry.

Ms Olayinka lamented that a crate of eggs which cost N4,600 three months ago had risen to N5,600 depending on the location.

“The increase is attributed to the surge in poultry feed prices, transportation costs due to rising fuel prices, and high maintenance costs for birds. These factors have compounded production costs, pushing egg prices higher,” Ms Olayinka said.

A consumer, Ajoke Folorunsho, said the nutritional value of eggs to the human diet was enormous and as such, it should be the most affordable protein everyone should afford.

“Egg should be affordable as they are rich in protein. My family loves them boiled. However, the price hike has taken a toll. I buy eggs regularly, but the prices have gone up significantly and many families can no longer afford it,” she said.

Another consumer, Ifeoma Okoli, lamented that many Nigerians were finding it difficult to include protein in their food.

Ms Okoli noted that the prices of meat, fish, beans and eggs had increased in recent times.

“They are talking of eating one egg daily, how many families can afford it with the challenges in the country. A crate of eggs is

between N5,900 and N6,000, while an egg is sold for N250 to N300 depending on the location,” she said.

On her part,  an egg depot owner at Amuwo Odofin, Adegbite Samiat, called for the government’s intervention in the sector.

“Government support for poultry farmers will help stabilise prices. Disease outbreaks affect egg production significantly as well. If the government provides vaccines and medication, it will reduce the risks,” Ms Adegbite said.

(NAN)

DON'T MISS ANY NEWS

Input your email to stay updated with the latest news, updates, and get news as it unfolds across the globe.

We don’t spam! Read our privacy policy for more info.

Check your inbox or spam folder to confirm your subscription.

DON'T MISS ANY NEWS

Input your email to stay updated with the latest news, updates, and get news as it unfolds across the globe.

We don’t spam! Read our privacy policy for more info.

Check your inbox or spam folder to confirm your subscription.

Share. Facebook Twitter Pinterest LinkedIn Tumblr WhatsApp Email
Previous ArticleKAI arrests 17 miscreants in Lagos raid
Next Article Police fire tear gas to disperse protesters commemorating #EndSARS

Related Posts

Canada revamps express entry, unveils fresh categories for foreign professionals

February 19, 2026

Gov Aiyedatiwa urges party members to elect officers in peaceful atmosphere

February 18, 2026

BREAKING: Saudi Arabia confirms crescent moon, Ramadan fasting to begin

February 17, 2026

BREAKING: Reps plunge into chaos over Electoral Act Amendment

February 17, 2026
Leave A Reply Cancel Reply

Sports
Sports

BREAKING: Chelsea appoint Rosenior as new head coach

By AdeboyeJanuary 6, 20260

BREAKING: Eagles name 23-man squad for must-win world cup qualifiers

October 3, 2025

JUST IN: Osimhen rejects €75m Saudi Arabia’s Al Hilal move

June 8, 2025

Osimhen dances to Yinka Ayefele’s classic amidst family dispute

May 21, 2025

Awoniyi finally out of coma after abdominal surgery

May 15, 2025
Entertainment
Entertainment

JUST IN: ‘This year will not see my end’ — Allwell Ademola’s final post goes viral after death [Video]

By AdeboyeDecember 27, 20250

Iyabo Ojo becomes president of single mothers association

December 21, 2025

Alcohol consumption not sin – Popular gospel singer, Gaise Baba

August 26, 2025

Geh Geh University’: Tiktoker rakes in $30,000 from viral live session

August 22, 2025

Elderly man sparks online buzz after claiming to be Wizkid’s biological father

June 2, 2025
Finance
Finance

Naira gains ground as CBN intervenes, FPI inflows increase

By AdeboyeJune 23, 20250

Naira weakens further to N1,610/$ in parallel market

May 8, 2025
Instagram Facebook X (Twitter) TikTok
  • Opinion
  • Health
  • Sports
  • Finance
© 2026 YemieFash Online News Platform. A subsidiary of YemieFash Media. Developed by Hexemty Technologies.

Type above and press Enter to search. Press Esc to cancel.