The Poultry Association of Nigeria (PAN), along with various stakeholders in Lagos State, is sounding the alarm over the continuous rise in egg prices. This increase is making eggs, once considered an affordable source of protein, increasingly out of reach for many Nigerians. PAN representatives and market traders voiced their concerns in interviews with the News Agency of Nigeria on Sunday.
Mr. Mojeed Iyiola, Chairman of the Poultry Association of Nigeria, attributed the soaring prices primarily to the high costs of raw materials needed for bird feed. “The price of crates of eggs continues to rise because of the high cost of raw materials,” Iyiola explained. He emphasized that despite government support and relaxed import regulations for maize, the prices of feed have not decreased.
Iyiola further elaborated, stating, “This is because other raw materials for the formulation of bird feeds are not being subsidized.” He pointed out that while maize constitutes 60 to 65 percent of feed production, other components such as soya and methylene remain expensive. “Therefore, the government’s intervention has not reflected at all on the price of poultry produce,” he concluded.
The PAN chairman noted that the lowest price of a crate of eggs from the farm gate currently stands at N5,000. “We sold eggs in commemoration of World Food Day on 16 October at the minimum price of N5,000 per crate,” he said. Iyiola mentioned that the price for smaller sizes ranges between N4,300 and N4,500, while regular crates are selling at N5,000 or higher.
Egg sellers are feeling the pinch as well. Mrs. Taiwo Bashiru, an experienced seller at Boundary Market, remarked, “I have sold eggs for over 10 years, but never have I seen prices rise like this.” She highlighted the inconsistency in supply due to high feed costs and transportation expenses, especially affecting low-income households.
Ms. Bummi Olayinka, another seller, echoed Bashiru’s sentiments, indicating that inflation has significantly impacted the poultry industry. “A crate of eggs that was sold at N4,600 three months ago has now risen to N5,600,” she reported, attributing the increase to escalating feed prices, fuel costs, and overall maintenance expenses.
Consumers are also feeling the strain. Mrs. Ajoke Folorunsho commented on the nutritional importance of eggs, stating, “Eggs should be affordable as they are rich in protein.” She lamented that the price hikes have made it difficult for families to incorporate eggs into their diets, highlighting the detrimental impact on family budgets.
Another consumer, Mrs. Ifeoma Okoli, noted the broader challenge of affording protein in general, mentioning that the prices of meat, fish, beans, and eggs have all surged. “They are talking about eating one egg daily; how many families can afford that given the challenges in the country?” she questioned, reflecting a growing concern among consumers.
To address these challenges, Mrs. Adegbite Samiat, an egg depot owner at Amuwo Odofin, called for urgent government intervention. “Government support for poultry farmers will help stabilize prices,” she argued. Samiat emphasized that government action, such as providing vaccines and medications, could mitigate risks associated with disease outbreaks that significantly affect egg production.
