• Privacy Policy
  • Terms
  • About us
  • Contact Us
  • Staff Email
Tuesday, September 22, 2026
  • Login
TheMattersPress
  • Home
  • News
  • Features
  • Thematterspress
  • Multimedia
    • Audio
    • Photo
    • Video
  • About us
  • Contact Us
No Result
View All Result
  • Home
  • News
  • Features
  • Thematterspress
  • Multimedia
    • Audio
    • Photo
    • Video
  • About us
  • Contact Us
No Result
View All Result
TheMattersPress
No Result
View All Result
Home Agriculture

Poultry association losses N6bn to fuel subsidy removal

Poultry

The Matters Press by The Matters Press
October 14, 2023
Reading Time: 2 mins read
0
Nigeria establishes cottage poultry processing facility to transform livestock

Abuja, Oct. 13, 2023: Poultry Association of Nigeria (PAN) FCT Chapter says it has lost over N6 billion due to cash crunch resulting from the CBN cashless policy, subsidy removal on fuel, forex and ban on importation of maize and soybeans.

RELATED POSTS

BUILDING A $1 TRILLION ECONOMY: A Policy Challenge to Nigeria’s Opposition Parties

IMPI challenges presidential candidates to show Nigerians alternative, realistic path to $1tn economy

Finance bill 2027, a wake-up call to free trade zone stakeholders

Hon. Musa Hakeem, Secretary PAN FCT said this on Friday in Abuja at the commemoration of the World Egg Day.

The World Egg Day is commemorated annually on second Friday of October and the theme for 2023 is “Egg for a healthy future”.

Hakeem listed other challenged bedeviling the industry as high rate of diseases, lack of access to credit facilities, high cost of feed, poor quality chicks, cost of veterinary services, lack of technical knowledge, high mortality rate among others.

He decried that the challenge had led to astronomical increase in poultry feed resulting to closure of no fewer than 127 poultry farms in FCT and reduction in the purchasing power of the consumers.

Hakeem specifically noted that the removal of subsidy on fuel has made movement of poultry and poultry products from one destination to the other very difficult.

The secretary who commended the Minister of FCT Nyesom Wike and FCT Minister of State however called on the FCT administration to come to the aid of farmers to reverse increase in unemployment rate and security challenge currently bedeviling the country.

Hakeem identified the industry as the largest employer of labour urging the minister to harness the inherent potentials in the industry and protect the investment in order to attract more investors.

He further called on the interventions of the Federal Government President Bola Tinubu and the Minister of Humanitarian Affairs and Poverty Alleviation to reverse the current trend and save the industry from total collapse.

“We call on the Minister of Humanitarian Affairs and Poverty Alleviation to carry PAN along in the ministry’s ‘Home Grown School Feeding programme in area of egg supply.

” This collaboration will create wealth and employment along supply chain, “he said.

Hakeem says “World Egg Day is an opportunity to make everyone aware that eggs are excellent, cheapest sources of high quality nutrient.

“Egg has socio-economic roles which include means of livelihood, achieving a certain level of economic independence, meeting human needs for dietary animal protein supply.

” Also investment and security against risks for small scale poultry farmers, “.

According to him, an egg is one of the most environmentally sustainable and cost-effective animal-source proteins available.

Also, Durojaiye Okodu, Chief Executive Officer, First Agro-Delight Nigeria, said egg is the cheapest source of protein and vitamins

Okodu said if egg is properly harness it would help in nations building through children development.

“An egg a day makes a different in families.

Present at the commemoration are Ibrahim Lamidi, Ex Official PAN North Central and Abdullahi Abduljabar member of PAN.

Tags: Poultry
ShareTweetPin
The Matters Press

The Matters Press

Related Posts

NLC’s insistence on eating the seed and expecting a harvest is a metaphor for an absurdity
Economy/Technology

BUILDING A $1 TRILLION ECONOMY: A Policy Challenge to Nigeria’s Opposition Parties

September 13, 2026
Tinubu steering Nigeria away from Venezuela-like tragedy – IMPI
Economy/Technology

IMPI challenges presidential candidates to show Nigerians alternative, realistic path to $1tn economy

September 13, 2026
Japan’s Sumitomo opens third plant in Phnom Penh’s SEZ
Economy/Technology

Finance bill 2027, a wake-up call to free trade zone stakeholders

August 30, 2026
NLC’s insistence on eating the seed and expecting a harvest is a metaphor for an absurdity
Economy/Technology

ATIKU’S FUEL SUBSIDY RESTORATION CAMPAIGN PROMISE FAILS LITMUS TEST OF PRACTICABILITY AND SUSTAINABILITY

August 28, 2026
Southeast, Southwest worry over Atiku’s six-year policy plan
Economy/Technology

Atiku proposal will reduce distributable revenue, constrict cash flow to sub-nationals – IMPI

August 25, 2026
Salvaging basic education from ruins of Boko Haram war in Borno
Economy/Technology

Tinubu’s era most peaceful period in Nigeria’s tertiary education since 1999 – TMSG

August 17, 2026
Next Post
New naira notes: Rush as long queues of customers flood banks

Banks to embark on new recapitalisation drive soon – Experts

World Bank predicts 4% global economic growth, 1.1% for Nigeria in 2021

World Bank can match drive of Nigerian entrepreneurs – Banga

Recommended Stories

Free public transportation for retirees begins in Lagos

“I Am Alive” confirmation’’ of PTAD continues

February 1, 2024
Kano Local governments propose N229bn for 2022

Soludo presents N410bn 2024 budget for Anambra

November 22, 2023
Soludo wins Anambra governorship election

Soludo wins Anambra governorship election

November 10, 2021

Popular Stories

  • Rising prices of goods cause protests in Morocco

    Rising prices of goods cause protests in Morocco

    0 shares
    Share 0 Tweet 0
  • Hoarding causes hike in prices of grains

    0 shares
    Share 0 Tweet 0
  • NCC sets fresh operational fees, spectrum prices for telecom operators

    0 shares
    Share 0 Tweet 0
  • NLNG not responsible for gas supply shortfall, price hike

    0 shares
    Share 0 Tweet 0
  • Prices of Petrol, diesel increase in November

    0 shares
    Share 0 Tweet 0
TheMattersPress

We bring you the best news update in Nigeria

LEARN MORE »

Recent Posts

  • BUILDING A $1 TRILLION ECONOMY: A Policy Challenge to Nigeria’s Opposition Parties
  • IMPI challenges presidential candidates to show Nigerians alternative, realistic path to $1tn economy
  • Finance bill 2027, a wake-up call to free trade zone stakeholders

Categories

  • Agriculture
  • Economy/Technology
  • Energy
  • Entertainment/sports
  • Features
  • Foreign
  • Multimedia
  • Natural Resources
  • News
  • Oil and Gas
  • Photo
  • Politics
  • Security
  • Thematterspress
  • Uncategorized
  • Video

© 2025 Domo Tech World - Powered by Thematterspress.

No Result
View All Result
  • Home
  • News
  • Features
  • Thematterspress
  • Multimedia
    • Audio
    • Photo
    • Video
  • About us
  • Contact Us

© 2025 Domo Tech World - Powered by Thematterspress.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
Call Us