Skip to content
July 9, 2026
  • Home
  • About us
  • Contact us
  • Newsletter
  • Privacy Policy
Political Economist

Political Economist

A liberal News reporting Politics, Sports, Business, Commentaries

Watch Online
  • Home
  • Business & Economy
  • Over 50% poultry farms shut down in 2023 – Association
  • Business & Economy

Over 50% poultry farms shut down in 2023 – Association

Admin January 25, 2024
infected

Hen, Chicken eggs and chickens eating food in farm

Jan. 25, 2024

The Poultry Association of Nigeria (PAN) has lamented the closure of over 50 per cent of its farms in 2023 due to the challenges in the sector.

The Chairman PAN, Lagos State chapter, Mr. Mojeed Iyiola, disclosed this in an interview with the News Agency of Nigeria (NAN) on Thursday in Lagos.

Iyiola said poultry farmers were unable to meet the growing demand for poultry produce due to the closure of most its farms.

“Most poultry farms in the country closed down last year due to difficulties faced in the sector.

“We are currently unable to meet up the demands of eggs due to the shortage of poultry farms. Presently, we have very low supply of eggs with growing demands.

“This is because nothing less than 50 per cent of poultry farms around the country have shut down.

“In fact, due to the shortage of supply, a crate of egg sells for as high as N3,000 and above even from the farm gate.

“We do not pray that the price keeps increasing because it is detrimental to the average consumer,” Iyiola told NAN.

Iyiola said the sector would only prosper with continuous interventions of the government at all levels, especially in subsidising feed inputs.

“We hope to step up supply of eggs if the cost of raw materials for bird feed is subsidised and available at the most affordable rate. This is the best solution for the sector at the moment.

“The Lagos State Government to be candid is trying on their own part; they have been of great assistance to the sector in all our trials.

“They have provided feed inputs to poultry farmers which have to a minimal extent cushioned the effect of production costs.

“Though poultry produce prices are still on the high side. We hope to start raising layers soon and we believe in no distant time government will respond to us positively,” the chairman said. (NAN)

Tags: Mr. Mojeed Iyiola PAN

Post navigation

Previous Nigerian company begins operating $1.3 billion Chinese-funded power plant
Next Obi decries decay of national assets, queries Tinubu’s “private” trip abroad

Related Stories

BOA, Japtini flag off Renewed Hope input distribution for 15,000 Taraba farmers
  • Business & Economy

BOA, Japtini flag off Renewed Hope input distribution for 15,000 Taraba farmers

July 8, 2026
Nigeria’s ‘Dig-Once’ Policy: NCC Targets Lower Broadband Costs Through Strategic Pricing Model NCC
  • Business & Economy

Nigeria’s ‘Dig-Once’ Policy: NCC Targets Lower Broadband Costs Through Strategic Pricing Model

July 8, 2026
30 vessels to arrive Lagos ports with petroleum products, other items greater efficiency
  • Business & Economy

30 vessels to arrive Lagos ports with petroleum products, other items

July 8, 2026
logo

Political Economist is a liberal news magazine with global affiliations.

At Political Economist, we promote free enterprise and act as a catalyst for the growth of knowledge economy. We are proudly pan-Nigeria yet richly spiced with African and global news. We offer a fair and balanced news reportage presented by our team of well-heeled professional journalists. <

About us

  • 5 Olutosin Ajayi Street, By CPM Church, Ajao Estate, Lagos State, Nigeria
  • +234 805 680 1124
  • info@politicaleconomistng.com

Follow

Subscribe to notifications

You may have missed

Court awards N10m in damages against EFCC for defaming ex-Minister
  • National News

Court awards N10m in damages against EFCC for defaming ex-Minister

July 9, 2026
Peter Obi to Deliver Keynote Address at African Union Diaspora Conference in New York
  • Press Releases

Peter Obi to Deliver Keynote Address at African Union Diaspora Conference in New York

July 9, 2026
BOA, Japtini flag off Renewed Hope input distribution for 15,000 Taraba farmers
  • Business & Economy

BOA, Japtini flag off Renewed Hope input distribution for 15,000 Taraba farmers

July 8, 2026
Senator Ararume disowns statement, restates commitment to APC
  • Press Releases

Senator Ararume disowns statement, restates commitment to APC

July 8, 2026
  • Home
  • About us
  • Contact us
  • Newsletter
  • Privacy Policy
Copyright © All rights reserved. | DarkNews by AF themes.