Egg Price Rises As Many Poultry Farms Shut Down In Kano

The recent surge in egg prices in Kano State, ahead of Ramadan, has caused concern among residents. Prices have reached N130 per egg and N3,100 per crate, leading to fears of scarcity. Residents blame merchants for hoarding eggs to profit during Ramadan. Poultry farmers, facing high production costs, are struggling, with many leaving the business. The Poultry Association of Nigeria chairman in Kano attributes the crisis to rising raw material and transportation costs and security issues, resulting in an 85% decline in poultry farming in six months. The association urges better security, increased production, and realistic loans to revive the industry. Source: Daily Trust

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The recent surge in egg prices in Kano State, especially with Ramadan approaching, has raised concerns among residents. Eggs now cost N130 each and N3,100 per crate. Accusations of merchants hoarding eggs for Ramadan profits are rampant, while poultry farmers struggle with escalating production costs. Many have abandoned the business, leading to an 85% decline in poultry farming over the past six months.
The chairman of the Poultry Association of Nigeria in Kano highlights increased raw material and transportation costs, alongside security issues, as key contributors to the crisis. The association urges the government to enhance security, boost production, and provide realistic loans to revitalize the industry.