Poultry Association of Nigeria (PAN) has warned that if urgent steps are not taken to support poultry farmers, prices of eggs may increase from the current N5,500 to N10,000 per crate.
They attributed the rising cost of the protein to high cost of transportation as a result of fuel subsidy removal as well as indiscriminate increase in prices of feed by the millers.
The Secretary of PAN, FCT Chapter Musa Hakeem said this at a press briefing to commemorate the World Egg Day on Saturday in Abuja.
Hakeem said the Federal Government must as a matter of urgency declare a State of emergency on Egg production in the country given the serious decline in protein intake, saying Nigerians can not afford to depend on importation of eggs. He pointed out, "If we should go by the proportional increase in the prices of these factors mentioned earlier, we will be buying eggs at N10,000 per create, but because we wanted to be compassionate, coupled with the important of eggs for health, we left the price at the current price of N5,500."
Hakeem warned that the prices of the protein may change soon to N6000 going by the increasing prices of poultry feed.
He said "to the best of my knowledge, the last time we received any grains intervention from the government was three years ago saying other respite by the government to cushion the high prices of food are only read on the pages of the newspaper.
He called on the government to ensure that they carry PAN along in their intervention activities as they have the data of all the poultry farmers in the FCT. He lamented that the government is not paying the required attention to the poultry subsector as it has been neglected over time, saying business owners have been operating in their own volition and hoped that the industry does not crash.
The Chief Executive Officer of Pest Agro Dealers Jude Arikogu lamented the indiscriminate increase in prices of feed by millers and also the low measurement of the feeds saying "a 25kg bag of feed is hardly up to 23kg when put on our scale." Arikogu also lamented that poultry farmers are unable to raise finance from the banks as banks are not willingly to finance them.
The Ex officio officer of the association at the National level Ibrahim Lamidi said the business environment is not favourable to them as they are only trying to ensure Nigerians have eggs on the table.
He encouraged Nigeria to always eat eggs in the place of meat saying eggs are more proteinous and cheaper
He renovated this for 4 million how much did yahaya bello steal again, sometimes you just have to hold your leaders accountable down to the state level
I renovated a government primary school classroom in northern Nigeria!
Throwback picture of MKO Abiola & Obasanjo in secondary school.
MKO Abiola (sitting center) was the editor and Olusegun Obasanjo (standing right) was the deputy editor of their school paper (Baptist Boys High School Abeokuta)
VIDEO emerges how the Navy Personnel, Seaman Abbas, resisted arrest, cocked his rifle which accidentally fired. His wife cried out for her husbands immediate release from long detention.
The Independent Petroleum Marketers Association of Nigeria (IPMAN) says it doesn’t make sense for the Nigerian National Petroleum Company Limited (NNPCL) to sell petrol lifted from the Dangote Refinery higher than imported ones.
IPMAN National Welfare Officer, John Kekeocha, stated this on Channels Television’s The Morning Brief breakfast programme on Monday.
“If NNPC can sell Dangote products higher than the imported products then it doesn’t make sense. What is the celebration we are having all these while then?” he queried. The NNPCL began loading the first batch of petrol from the Dangote Refinery on Sunday, saying it got petrol at N898 per litre from the private refinery.
Before lifting petrol from the Dangote Refinery on Sunday, NNPCL retail outlets in Lagos sell petrol for around N855 but said a litre of Dangote petrol now sell for N950 per litre in Lagos and N1,019 in Borno. However, Dangote Refinery denied selling petrol to the NNPCL at N898. A spokesman for the refinery Anthony Chiejina in a statement late Sunday described the claim by the NNPCL as “misleading and mischievous”.
“It should also be noted that we sold the products to NNPCL in dollars with a lot of savings against what they are currently importing. With this action, there will be petrol in every local government area of the country regardless of their remote nature,” Chiejina said.
NNPCL insisted that it got petrol from Dangote Refinery at N898 per litre and challenged the latter to release the price it sold petrol. The NNPCL further released a breakdown of pricing it sell Dangote petrol at its filling stations across the country.
Last December, Dangote, Africa’s leading industrialist, commenced operations at his $20bn facility sited in Lagos with 350,000 barrels a day. The refinery, which was initially bogged by regulatory battles, hopes to achieve its full capacity of 650,000 barrels per day by the end of the year.
The refinery has begun the supply of diesel and aviation fuel to marketers in the country and now petrol.
Nigeria, Africa’s most populous nation, faces energy challenges, with all its state-owned refineries non-operational. The country is heavily reliant on imported refined petroleum products, with the state-run NNPC being the major importer of the essential commodities.
Fuel queues are commonplace in the country. Prices of petrol tripled since the removal of subsidy in May 2023, from around ₦200/litre to over ₦1000/litre, compounding the woes of the citizens who power their vehicles, and generating sets with petrol, no thanks to decades-long epileptic electricity supply.
Sunday PUNCH gathered that the Dangote refinery would sell its petrol at N766 to the NNPC.
Multiple sources from the Federal Ministry of Petroleum Resources, NNPC, and major energy marketers confirmed that the deal to supply crude to the Dangote refinery in naira was a key factor that led to the PMS price.
“What we are going to see based on the deal between NNPC and Dangote is similar to the DSDP (Direct Sale of crude oil and Direct Purchase of petroleum products) transactions that used to exist between NNPC and foreign refineries in the past.
“What we are going to see based on the deal between NNPC and Dangote is similar to the DSDP (Direct Sale of crude oil and Direct Purchase of petroleum products) transactions that used to exist between NNPC and foreign refineries in the past.
“And this has really impacted positively on the price of petrol that Dangote is selling to NNPC, because the cost is around N766/litre. But I can’t tell how much NNPC is going to sell to marketers now,” a major marketer, who spoke to Sunday PUNCH in confidence due to lack of authorisation to comment on the matter, stated.
Another senior aide to President Bola Tinubu, who spoke on condition of anonymity, confirmed that the petrol would be sold at 766/litre.
Pump price may reduce
Reacting to the Dangote fuel price, a senior IPMAN official said if marketers could get the product at N766, they would need to add the cost of transportation, levies, and other margins.
He said, “Give and take, we can sell at N790 in Lagos. In the far north, it may be N820 per litre because of the distance.”
Gillis-Harry, however, said his group was not aware of the price of fuel from the Dangote refinery.
“Well, it will be acceptable because now we are paying NNPC N870 for a litre, so if we see it at N766, it is cheaper and we will prefer to buy that.
300 NNPC trucks load fuel today
The NNPC on Saturday said it had mobilised 300 trucks to lift PMS from the Dangote refinery today.
The spokesperson for the corporation, Olufemi Soneye, told one of our correspondents that the mobilisation of trucks to the refinery was based on the agreement reached by both parties as regards the lifting of petrol from the $20bn Lekki-based facility.
What's now the essence of the refinery of we're still buying fuel at above 300
Aliko Dangote has officially announced the commencement of petrol production at the Dangote Refinery. He expressed his gratitude to President Tinubu for permitting the sale of crude oil in Naira. He presented the first sample of the petrol to press Peep the colorless petrol in the bottle on the table I never knew petrol was meant to be this colour less
Secret Police, DSS Personnel Jubiliate Resignation Of Immediate Past Director-General, Yusuf Bichi
Some personnel of the Nigerian Secret Police, Department of State Services (DSS) have been caught in a video jubilating over the resignation of the immediate past Director-General, Yusuf Bichi.
President Bola Tinubu had approved on Monday the appointment of new Directors-General of the National Intelligence Agency (NIA) and the Department of State Services (DSS) on Monday.
According to the presidency’s spokesperson, Ajuri Ngelale, in a release on Monday, “Ambassador Mohammed Mohammed is the new Director-General of the NIA. Mr Adeola Oluwatosin Ajayi is the new Director-General of the DSS.”
“Ambassador Mohammed has had an illustrious career in the foreign service since joining the NIA in 1995. He had served in various roles, culminating in his promotion to the rank of Director and his subsequent appointment as the head of the Nigerian mission to Libya."
In the video, which has been circulating on social media, the DSS personnel can be seen cheering, dancing, and exchanging congratulatory messages following the announcement of Bichi's exit.
Independent checks by SaharaReporters on the viral video showed that it recently surfaced online.
Fact-check results linked it to several comments on the celebration of DSS personnel on Bichi’s resignation.
Nigerian netizens also revealed that Bichi's leadership style and policies had created divisions among personnel, leading to widespread discontent.
A user, Thεό Abu wrote: “DSS Personnel celebrating the removal of DSS DG, Bichi. The new DG must do everything possible to make this organization work for the good of Nigeria.”
“When a friend sent this to me how their people are celebrating the removal of DSS DG, Bichi and I didn't believe it until I saw this video,” also A. Ayofe captioned the video.
A human rights advocate, Omoyele Sowore also hoped that the next person that would be asked to leave office would be the current Inspector General of Police, Kayode Egbetokun.
He wrote: “The @OfficialDSSNG officials here are jubilant over the removal of Son-Of-A-!Bich-i (this is how I addressed him while I was detained at the DSS HQ), but these are the same officers sent to do all the dirty jobs, and they’ll carry them out “diligently.”
“Wait until the current IG of @policeng , Kayode Egbetokun, is retired (hopefully next week or when he’s eventually disgraced out of office), and you will see senior police officers throwing their berets in the air in jubilation.
“The man, just like his principal @officialABAT has turned the Nigeria Police Force into what Yorubas call “Esusu Igbalode” for Yoruba folks. Basically, he favours mostly -ONLY—Yoruba officers for posh assignments #EndBadGovernanceInNigeria #RevolutionNow #FearlessInOctober," Sowore wrote.
Nigeria’s famous anonymous whistleblower, PIDOMNigeria, now identified as Isaac Bristol, has endured the most gruesome dehumanising treatment since his abduction and unlawful detention by the Nigeria Police Force on August 5.
Following his abduction by 15 heavily armed men wearing mufti, PIDOM was reportedly handcuffed and kept in solitary confinement for six days without food at the Force Criminal Investigation Department (FCID), Abuja, a gross violation of his fundamental rights.
Subsequently, the authorities blocked his constitutional right to accessibility. On Saturday, a member of his legal team was denied access to him based on a “new directive.” This violation has greatly impacted his access to food, toiletries and communication with his family and legal team.
An anonymous source familiar with the case reliably told West Africa Weekly that there are plans to transfer PIDOM in the dead of night to a dark site following public outrage about his abduction and subsequent torture and illegal detention, further making him inaccessible.
The source said, “If he survives this transfer, he may be held incommunicado to his relative and legal representatives,” clearly violating his rights. According to him, PIDOM will be charged with working against national security by the Office of the National Security Adviser (ONSA) while labelling him a “kidnapper”.
Nigerians have called for the immediate, unconditional release of PIDOM and other 2,000 #EndBadGovernance protesters detained for protesting hunger in the current administration.
“There is no case against Isaac Bristol Tamunobiefiri, and he must be released from the dungeon of the FCID with immediate speed. PIDOM and the 2000 #EndBadGovernance protesters in police and DSS custody have committed no offence and must, therefore, be released unconditionally.”
The Nigerian National Petroleum Company (NNPC) Ltd says it is selling petrol, also known as premium motor spirit (PMS), at only half the land costing.
Umar Ajiya, the chief financial officer (CFO) of the NNPC, told NAN in Abuja on Monday that the national oil company is only bearing what he called the “shortfall” and not subsidy.
The official pump price of petrol is about N600/litre but the landing cost is around N1,200 — and Ajiya confirmed to Bloomberg that it cost the NNPC N7.8 trillion to make up for the “shortfall” in the first seven months of the year.
Subsidy is typically defined as selling a product below the cost price. In official communication between NNPC and the president seen by TheCable, the word “subsidy” is used extensively to explain the “shortfall”.
TheCable had reported that President Bola Tinubu approved a request by NNPC to utilise the 2023 final dividends due the federation to pay for the subsidy.
However, Ajiya sought to deny the story during a media briefing on the company’s 2023 audited financial statements earlier on Monday, said the company was only “taking care of the shortfall on petrol importation between it and the federation”. He, thereafter, told Bloomberg that NNPC is owed N7.8 trillion ($4.9 billion) by the government in subsidy debts from January to July 2024.
But in his “clarification” to NAN, Ajiya said subsidy has not been paid to any marketer in the last nine years — understandably because NNPC is the sole importer of petrol via contracts with suppliers.
“In the last eight to nine years, NNPC Ltd. has not paid anybody a dime as a subsidy; no one has been paid kobo by NNPC Ltd. in the name of subsidy,” Ajiya said.
“No marketer has received any money from us by way of subsidy. What has been happening is that we have been importing PMS, which has been landing at a specific cost price, and the government tells us to sell it at half price.
“So the difference between the landing price and that half price is a shortfall.
“And the deal is between the Federation and NNPC Ltd., to reconcile, sometimes they give us money, so there is no money exchanging hands with any marketer in the name of subsidy.”
He was silent, however, on how much of the $4.9 billion could have gone into the federation account if NNPC was not paying for the “shortfall”.
It is thought that the government of the All Progressives Congress (APC) seeks to distance itself from the use of the term because “subsidy scam” was one of the campaign weapons it used to dislodge the Peoples Democratic Party (PDP) from power in 2015.