Poultry farmers lament egg price hike amid scarcity and expensive feed

The PAN Lagos state Chairman, Mojeed Iyiola, and other stakeholders in the sector disclosed this in separate interviews with the News Agency of Nigeria (NAN) on Wednesday in Lagos.

NAN reports that the price of the egg has increased tremendously, making the common source of protein in the past out of the reach of many Nigerians. NAN also reports that a crate of eggs sells between ₦3,800 and ₦4,000 from the farm gate and above ₦4,500 in retail shops and markets against ₦3,200 to ₦3,500 it was sold in May.

A tonne of maize currently sells for ₦800,000 as against ₦400,000 in January. Iyiola attributed the persistent hike in the price of eggs to scarcity.