Welcome, Guest: Register On Nairaland / LOGIN! / Trending / Recent / New
Stats: 3,153,797 members, 7,820,794 topics. Date: Tuesday, 07 May 2024 at 09:48 PM

Nigerians To Pay More For Chicken, Fish - Agriculture - Nairaland

Nairaland Forum / Nairaland / General / Agriculture / Nigerians To Pay More For Chicken, Fish (425 Views)

Snake Trap For Chicken Farm / Advise To Agricultural,farmer,poutry Add Meat,chicken,fish Processing To Your Bu / Advise To Agricultural,farmer Add Meat,chicken,fish Processing To Your Business (2) (3) (4)

(1) (Reply) (Go Down)

Nigerians To Pay More For Chicken, Fish by BrandSpurNG: 9:45am On Feb 11, 2022
Nigerians will continue to pay more for chicken and fish as the costs of maize and soybeans threaten poultry and fishes’ industry. The prices of chickens, eggs and fish have risen by about 50 per cent in recent months, causing concern for consumers.


The price increased so sharply because of the high cost of soybeans, maize and other ingredients used in the production of poultry feed. A crate of eggs costs from N1, 400 – N1, 500 depending on the location and size.

This month, the Executive Council of the Price Advisory Committee of Poultry Association of Nigeria (PAN) approved a new farm gate price of N1, 700 for a crate of normal size eggs from the old price of N1, 500. It was attributed to several challenges faced by poultry farmers in the country, ranging from the persistent rise in the prices of feed ingredients to the increase in the cost of production.

On the other hand, a carton of fish which they used to buy N7, 000 has suddenly skyrocketed to N37, 000 and N42, 000. As demand for fish rises, restaurants and individual homes confront rising prices. Stakeholders attributed this to the rise in feed costs.

Soybean and maize are major ingredients used for poultry and fish feeds. The higher feed costs are squeezing margins for livestock, fish, and poultry producers

SOURCE:https://brandspurng.com/2022/02/10/nigerians-to-pay-more-for-chicken-fish/

Re: Nigerians To Pay More For Chicken, Fish by Baawaa(m): 9:48am On Feb 11, 2022
We are paying more for everything, this government is nothing but disaster

3 Likes 1 Share

Re: Nigerians To Pay More For Chicken, Fish by lilvicky68(m): 9:55am On Feb 11, 2022
Why the rise in the ingredients?
Are we importing it or what exactly

1 Like

Re: Nigerians To Pay More For Chicken, Fish by Healthrelatedjo: 11:08am On Feb 11, 2022
Na to go start poultry business be dt o
Re: Nigerians To Pay More For Chicken, Fish by Zico777(m): 10:12pm On Feb 11, 2022
lilvicky68:
Why the rise in the ingredients?
Are we importing it or what exactly
Are u in this country at all?
Re: Nigerians To Pay More For Chicken, Fish by jamace(m): 4:54pm On Feb 12, 2022
Healthrelatedjo:
Na to go start poultry business be dt o
To feed the chickens is not easy presently, you need financial muscle. A bag of chikun starter feed is about N8,600 while starter premium vita feed is N8,700.

To feed 50 birds from day old to 8 weeks cost about 100k.

Buhari government has turned Nigeria upside down in all aspects..

2 Likes

(1) (Reply)

Where Can I Buy Goat Meat (ogufe) And Slaughter / Raw Cow Butter Needed / Weeding Made Easy And Cost Effective For Maize And Cassava Farmers

(Go Up)

Sections: politics (1) business autos (1) jobs (1) career education (1) romance computers phones travel sports fashion health
religion celebs tv-movies music-radio literature webmasters programming techmarket

Links: (1) (2) (3) (4) (5) (6) (7) (8) (9) (10)

Nairaland - Copyright © 2005 - 2024 Oluwaseun Osewa. All rights reserved. See How To Advertise. 9
Disclaimer: Every Nairaland member is solely responsible for anything that he/she posts or uploads on Nairaland.