The Poultry Association of Nigeria (PAN) has raised an alarm as they warned that the cost of chicken during the yuletide might be as high as N10,000 per one.
The association noted that if some urgent steps are not taken by the federal government, consumers may find it hard to buy chickens at cheaper price this yuletide.
The association, in a press statement added that with the increase in feed prices especially soya beans and soya bean meal, the prices of eggs and chickens might go out of reach of many Nigerians.
The Chairperson of PAN, Ogun state Chapter, Blessing Alawode further requested the federal government to save Nigerian poultry industry from imminent collapse which the industry now faces as a result of unabated rising in the prices of bird feeds and concentrates used to feed chickens.
She explained that the feed inputs such as soya beans are going out of reach of an average poultry farmer with the price of the commodity now increased from N115,000 that was sold per ton in August to N215,000 in November, 2020, representing an increase of 86.95% within a four-month period.
