The Poultry Association of Nigeria (PAN), South West Zone, has made an urgent appeal to President Bola Tinubu, the Central Bank of Nigeria (CBN), and the Governors from the Southwest geo-political zone to prevent the total collapse of the poultry subsector. The association highlighted the enormous challenges currently facing the industry and urged the Federal Government (FG) to intervene to safeguard its viability.
One of the major blows to the poultry sector’s viability was the issue of naira redesign, which the farmers have not yet recovered from. Additionally, the removal of fuel subsidy has led to a significant increase in input costs, making it even more challenging for farmers to operate.
The situation worsened when maize, a crucial component of poultry ration, became scarce due to marketeering strategies to hoard the commodity. As a result, the cost of maize in the open market skyrocketed, making it unaffordable for farmers. The PAN chairman emphasized the need for reduced prices of soybeans for the poultry and livestock sector and called on the FG and CBN to subsidize and allow short-term importation of maize and soybeans to mitigate the sector’s challenges and prevent its collapse.
Oyekunle Omidokun, the PAN Chairman for Oyo State, echoed similar concerns, stating that the high costs of diesel, petrol, and foreign exchange have affected the affordability of vaccines and veterinary drugs. He urged the release of 20,000 metric tons of maize to PAN at a discounted rate to alleviate the industry’s challenges.
Owolabi Tunde, the Chairman of Poultry Farmers Stakeholders in Oyo State, emphasized the significant contributions of the poultry industry to the national economy, providing over 25 million direct and indirect jobs. However, the industry has been facing immense challenges, including losses due to the ill-implemented naira redesign and cashless program of the CBN. The recent scarcity and non-availability of maize are posing a serious threat to the survival of the poultry sector. With a projected shortfall of seven million metric tons, urgent importation of maize is needed to prevent imminent collapse.
The PAN called for immediate intervention to save the poultry industry from disaster, especially in light of the government’s declaration of a state of emergency on food security.
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