Lagos residents debunk egg price slash

Some residents across Lagos State have debunked the reported slash in the price of eggs as claimed by the Poultry Association of Nigeria (PAN).

The residents, on Saturday, August 23, 2025, recounted their experiences on the consistent hike in the price of the produce despite the assurances by the PAN.

Poultry farmers recently disclosed a 10 per cent slash in the price of eggs from the farm gate at N4,800 to N5,000 per crate.

However,  a crate of eggs sells between N5,500 and N6,500 at the local markets, with some retailers selling at a slightly higher price of N250 for a piece.

A resident of Egbeda in Lagos State, Rose Brownson, noted that there had been no change in the price of eggs in her area.

She said: “The cost of eggs has not dropped in recent months. It only gets more expensive from our end.

“We still buy a crate between N5,800 to N6,000 depending on the size. There has been no noticeable drop in the price.

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“So, I do not understand what they mean by a price slash, a piece of raw egg still sells at N250. There has been no change.”

On her part, Esther Ikechukwu, a wholesaler at the FESTAC area of the state, said she bought a crate egg from the farm gate at N5,100, excluding other charges before getting to the point of sale.

Ikechukwu said: “The farms’ real price for a crate is N5,100 but we pay N200 extra per crate of egg . If we purchase 100 crates there is an extra cost of N200 for transportation on each.

“The egg arrives at our location at N5,300 and we still have to pay to convey it to our shops. Some people buy at N5,300 from the farm gate depending on transportation cost to where you are.

“I sell a crate at N5,700, while some other wholesalers sell between N6,000 and N6,500.”

She stated that other costs incurred in the sales of eggs to retailers contributed to the hike in some areas.

The woman added: “There is also the cost of data to carry out transfer and to call customers, the cost of nylon bags for packaging the produce is also factored into the final cost, which is N200 for a piece.

“Also, we sell cracked eggs at N500 for three piece which is below our cost price and a crate for N4,500. We don’t gain much from it; it is the retailers that get more profit than wholesalers.”

The Star