Prices of Eggs May Increase From The Current N5,500 To N10,000 Per Crate
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, October 12, 2024, in Abuja.
Hakeem said the FG 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.
“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.