₦airaland Forum

The Lagos State Butchers Association has decried the persistent rise in the price of cows in the state, now as high as N2.5 million, up from about N1.7 million in 2025.

The association’s Patron, Alhaji Bamidele Kazeem, disclosed this in an interview with the News Agency of Nigeria (NAN) on Sunday in Lagos.

Kazeem attributed the price hike to insecurityk, rising transportation costs, and delayed local ranching initiatives.

“Cows that sold for about N1.7 million last year are now sold for between N2.3 million and N2.4 million. There was even a time a cow was priced at N2.5 million in the market,” he said.

So This Happened (125) reviews ex-Jigawa gov blaming leadership for Nigeria's insecurity, ...

Kazeem said the rising prices had placed heavy pressure on butchers and consumers, with many traders struggling to remain in business.

“The car I bought in 2020 for N2.1 million is now cheaper than the price of a cow. That shows how costly cows have become,” he said.

He lamented that cows sold for N1 million had become scarce in the market.

“If you see a cow of N1 million now, you will be surprised. What we complained about last year is child’s play compared to the current prices,” he said.

Kazeem attributed the trend partly to insecurity affecting livestock movement across parts of the country and the recent increase in fuel pump prices.

“The supply has reduced because of insecurity in the country and, most recently, the increase in fuel pump price, which has made the cost of transportation skyrocket,” he said.

He added that higher diesel and petrol prices had worsened logistics costs, especially for cattle transported from northern Nigeria, the main source of livestock for Lagos markets.

Kazeem said local producers were unable to bridge the supply gap because planned feedlot and ranching programmes in Lagos had yet to begin.

“The local producers are not meeting demand because the feedlots and ranching programme of the state government have not started yet. We still depend largely on suppliers from the northern states,” he said.

He urged the government to speed up implementation of the Eko Ranching project in Gbodu, Epe, saying it would increase local cattle supply, reduce transport costs, and help lower meat prices.

“The gains of the ranch are enormous. It will provide job opportunities for our teeming youths and probably bring down the cost of meat,” he said. (NAN)

https://punchng.com/cows-cost-more-than-cars-butchers-lament-as-cattle-prices-hit-%e2%82%a62-5m/

Agriculture is the way. Animal husbandry

I still dont get how a cow should be so expensive to worth that much....i understand there are exotic breeds that cost that much or even higher but our regular sokoto red and bororo breeds are found all over the place and these cattle lives majorly on free or cheap forage. Transportation cost that they claim isnt upto 20% of the cost of the cow.

The major problem is our inability to produce more beef to sustain us,demand far outweighs supply......I have long reduced the consumption of beef in my house settling for fish,chicken and eggs.

We might have to go the Argentina way!

Start eating donkeys!

Even the ones they cut, slice and weigh is expensive too.

And their association were dancing to Saidi Balogun support for Tinubu, Nlfpmod. Nigeria is a conquered state.

It's not worth it... Naija which way?

Depends where they are buying the cows from, last month we bought a very decent big cow for 870k here in Nasarawa for a friend's wedding.

Everybody should go and start training their own cattle

Emilokan is the destroyer of economies
What an epitome of a failure

Tribulations.
It's affecting every aspect of us, no where is manageable.

Some APC data boys, that's saying agriculture is the way, will the government provide security to the farmers Insecurity is the major problem we have, which APC government are not doing anything in that regard.

That is the renewed hope you voted for

Lithiumite:
I still dont get how a cow should be so expensive to worth that much....i understand there are exotic breeds that cost that much or even higher but our regular sokoto red and bororo breeds are found all over the place and these cattle lives majorly on free or cheap forage. Transportation cost that they claim isnt upto 20% of the cost of the cow.

The major problem is our inability to produce more beef to sustain us,demand far outweighs supply......I have long reduced the consumption of beef in my house settling for fish,chicken and eggs.

Supply and demand issues caused by insecurity in the north

The insecurity is really affecting really. And the cost of running a ranch is too high. Considering the risk of the cattles too been rustle away.

That is the renewed hope Tinubu was telling you about

It's the effect of poor administration..

If you still need eyeglasses according to the administration to see this then you are doom

Each region should invest heavily on animal husbandry especially private bodies to ease unnecessary over-reliance on cattle from outside the country or the north.

The government should equally improve the security situation of the country.

Yorubastardz:
2.5 million just for 1 cow
Funny enough I prefer pork to cow meat.
Fish or turkey sef better pass cow meat.

Why waste money for university when I can herd cows and cashout massively on my own

This is about 180 million naira dey here👇

There is more to your analysis, its until you enter the business that you Will understand.

Why not, a friend of mine who leaves in the north said, the price of a bag of chaff (Dutsa) use in feeding the cows is 30k. Almost same money with bag of maize. I told the guy, is it not better to buy bag of corn and be feeding the castle instead of that?

If not because they allowed grains to be imported, Na only God know now much we for dey buy bag of beans.

zenburster:
I remember buying a full grown matured cow for #50k in 2006.

Same cow today is #2.5m?

Throw this country into the dustbin

Haha 😅 walaihi e don reach to throw way for katanga

Who dey eat their cow meat seff again..??

Well, Nigerians,dont want to go into farming or modern farming...and the banks don't want to give loans for farming...so this is the result.

Lithiumite:
I still dont get how a cow should be so expensive to worth that much....i understand there are exotic breeds that cost that much or even higher but our regular sokoto red and bororo breeds are found all over the place and these cattle lives majorly on free or cheap forage. Transportation cost that they claim isnt upto 20% of the cost of the cow.

The major problem is our inability to produce more beef to sustain us,demand far outweighs supply......I have long reduced the consumption of beef in my house settling for fish,chicken and eggs.

So chicken n fish na 20naira? U people ehhn..The good life we were all enjoying both d rich n poor,, someone with useless policy came n destroyed it..

Why won't that be the case?
In a country where everyone just do as they like, especially the government.
Cost of transportation and security is over the roof.
Renewed hope 2.0 loading...

Must you eat cow? Use rice hold body fess

Renewed Shege at the beat. Una never see anything, when baba achieve 2nd term, e go reach 7m to 10m.

Artificial inflation of price to create undue wealth for the fulani herdsmen— drop their cows and embrace other alternatives.

In other words go and raise your own cow and stop complaining ,btw to buy cow meat is not by force