Close Menu
    Facebook X (Twitter) Instagram YouTube
    Advertise with us Friday, May 23
    Facebook X (Twitter) Instagram
    Platform TimesPlatform Times
    VIDEOS
    • Home
    • News
    • Metro
    • Politics
    • Business
    • Education
    • Health
    • Special Reports
    • Entertainment
    • Sports
    • Interview
    Platform TimesPlatform Times
    • Home
    • News
    • Metro
    • Politics
    • Business
    • Education
    • Health
    • Special Reports
    • Entertainment
    • Sports
    • Interview
    Home»Business

    Feed Millers Sound Alarm Over Looming Scarcity Of Egg,Chicken, Livestock

    adminBy adminAugust 19, 2023 Business No Comments3 Mins Read
    Share
    Facebook Twitter LinkedIn Pinterest Email

    In a dire warning, the Feed Industry Practitioner Association of Nigeria (FIPAN) has raised an urgent alarm regarding the impending scarcity of essential food items such as eggs, chicken, and other livestock.

    The association, comprised of feed millers, has attributed this looming crisis to the scarcity and rising costs of crucial ingredients like maize and soya beans, vital for livestock feed production.

    As the costs of maize and soya beans continue to surge, FIPAN has cautioned that Nigerians might soon be forced to rely on imported eggs, chicken, and other livestock products at exorbitant prices unless swift intervention takes place. Addressing reporters during a press briefing,

    Raymond Isidinaso, President of FIPAN, alongside other executive members, expressed concerns over the surging prices of eggs, chicken, fish, and other poultry items.

    This increase is directly linked to the scarcity of maize and soya beans, key components in poultry feed production.

    Isidinaso called upon the Federal Government to take immediate action by releasing grains from the national reserve to mitigate the crisis.

    The association has also voiced fears over the potential spike in unemployment if the industry collapses, highlighting that it contributes a significant 45% to the nation’s labor force.

    Proposing measures to avert the impending food crisis, Isidinaso stressed the need to halt the exportation of soya bean seeds and to intervene in the importation of maize for livestock feed.

    He directed his appeal to the newly appointed Minister of Agriculture, Alhaji Abubakar Kyari, urging him to take proactive steps to address food insecurity and ensure food sufficiency across the country.

    Isidinaso painted a grim picture, stating, “The industry we’ve painstakingly built stands on the brink of collapse.

    The escalating cost of eggs and meat is a direct result of the soaring grain prices, which constitute 80% of animal feed, and soya, which contributes 25% to the feed. The agricultural GDP is dwindling due to raw material shortages.”

    He further emphasized that the nation requires 18.5 metric tonnes of grains to meet industry demands, but with only 1.7 metric tonnes of soya produced, there’s a substantial shortfall.

    FIPAN advocates for a brief window to allow stakeholders to import grains to bridge the gap, and the establishment of a lasting two to four-year mechanism to tackle the ongoing challenges.

    Appealing to the newly appointed Minister of Agriculture, Isidinaso called for immediate measures to curtail the exportation of soya and maize. FIPAN’s plea also includes the urgent release of 100,000 to 200,000 metric tons of maize and sorghum from the strategic grain reserves.

    Should such volumes be unavailable, they propose creating an avenue for maize importation, setting a precedent to cushion against future shortages.

    The looming 2023 grain harvest projection further underscores the severity of the situation. FIPAN’s call for action is resolute, expressing confidence that the government will heed their urgent plea to avert the crisis on the horizon.

    Do you want to share a story with us? Do you want to advertise with us? Do you need publicity for a product, service, or event? Contact us on WhatsApp +2348183319097 Email: platformtimes@gmail.com

    We are committed to impactful investigative journalism for human interest and social justice. Your donation will help us tell more stories. Kindly donate any amount HERE

    Pelican Valley
    admin
    • Website

    Platform Times is a trailblazing news website that empowers grassroots communities across Africa by delivering the latest news through engaging multimedia content. By leveraging photos, text, and videos, the site inspires concerned citizens and activists worldwide to take action against critical issues, including corruption, poverty, environmental degradation, and democratic disregard.

    Keep Reading

    Damagum Breaks Silence On Wike Ties, Denies Working For APC

    Defection To APC Won’t Shield Corrupt Politicians From Prosecution – FG

    FCTA Takes Possession of PDP Secretariat, 4,793 Revoked Properties Over Ground Rent Default

    DSS, Police Arrest 20 Over Alleged Hacking Of 2025 UTME Results

    Nigerian Scholar Dies In UK After 10-Year Wait For PhD Scholarship Funds

    Defect Or Resign, Gov Eno Tells Cabinet Members As He Dumps PDP For APC

    Add A Comment

    Comments are closed.

    The Rehla
    The Rehla'
    Advertisement
    Pelican Valley'
    Advertisement
    Advertisement
    Pelican Valley'

    Platform Times is a trailblazing news website that empowers grassroots communities across Africa by delivering the latest news through engaging multimedia content. By leveraging photos, text, and videos, the site inspires concerned citizens and activists worldwide to take action against critical issues, including corruption, poverty, environmental degradation, and democratic disregard.

    We're social. Connect with us:

    Facebook X (Twitter) Instagram Pinterest YouTube
    • About Us
    • Advertise
    • Contact Us
    • Disclaimer
    • Download Platform Times app

    Subscribe to Updates

    Get the latest creative news from FooBar about art, design and business.

    Facebook X (Twitter) Instagram Pinterest
    • About Us
    • Advertise
    • Contact Us
    • Disclaimer
    • Download Platform Times app
    © 2025, All Rights Reserved | Platform Times Newspaper | Powered By CyberWarrior

    Type above and press Enter to search. Press Esc to cancel.