Categories: EnvironmentNews

Price hike: Poultry farmers to set up sales points across Lagos

The Poultry Association of Nigeria (PAN), Lagos State chapter, has disclosed plans to set up sale points at Local Government Areas in the state to reduce the price of its produce.

The PAN Chairman in Lagos State, Mojeed Iyiola, made this known on Monday, July 21, 2025.

Iyiola noted that the consistent rise in the price of poultry produce has posed a concern to the association, hence the decision to sell to the public.

Iyiola said: “We are currently working with the local government areas in Lagos State to give us space in their premises where we can sell the produce at affordable price without the interference of middlemen.

“This will help cushion the effects of the hike in the price of poultry produce for the common man, as we can now sell to them directly.”

He also reiterated that despite the drop in the price of maize in the local markets, the cost of feed production is on the high side.

The chairman stated: “The maize price that dropped was as a result of government assistance, and we still the need the assistance of the government in the sale of the eggs and poultry produce at stable prices.

Presidency rebukes Kemi Badenoch over false citizenship claim

“The price of maize may have dropped but it is just one of the 15 ingredients in the formulation of poultry feed. We have almost 14 other ingredients and their prices are not stable at all.

“Maize takes almost 60 per cent of the total components of feed composition. Other ones are very in smaller quantity but their prices are so high.

“You can imagine we used to buy a 25kg bag of Methylene between N25,000 and N30,000, but now the same quantity sells at N150,000.

”Same goes to lysine, urea is not dropping, groundnut cake is not dropping, they maintain their prices and also influence the price of eggs.”

According to him, a crate of eggs sells from N5,000 to N5,500 at the farm gate.

“At the farm gate we sell a crate of egg from N5,000 to N5,500, while the middlemen sell from N6,000 or N6,500 per crate,” he noted.

The Star

Segun Ojo

Recent Posts

Nigeria’s ambassador-designate to Algeria dies at 50

The Federal Government has announced the death of Mohammed Mahmud Lele, Nigeria's ambassador-designate to Algeria,…

8 minutes ago

CAN denies internal split, missing relief funds, threatens legal action

The Christian Association of Nigeria has dismissed allegations of internal division and the diversion of…

24 minutes ago

Chelsea sack coach Liam Rosenior after EPL defeats

Premier League side Chelsea have parted company with Liam Rosenior - just 107 days after…

30 minutes ago

FG, states, LGCs share N2.036trn March revenue

The Federal Government, states, and local government councils have shared N2.036 trillion in Federation Account…

39 minutes ago

Tinubu seeks Senate confirmation for minister, CBN dep gov

President Bola Tinubu has written to the Senate seeking the screening and confirmation of Muttaqha…

55 minutes ago

US group donates protective gear to Nigeria police

Inspector-General of Police Olatunji Disu has received a consignment of protective gear donated by United…

1 hour ago

This website uses cookies.