The spike in the prices of poultry products has been blamed on middlemen by the Poultry Association of Nigeria (PAN) Lagos State chapter.
In an interview with the News Agency of Nigeria (NAN), the Chairman of PAN, Godwin Egbebe, said that farmers were not to blame for the upsurge in the prices of poultry products.
He cited the prices of eggs, noting that farms sell at the price of N50, while retailers sell for double the price.
Proffering a solution, Egbebe said that the association planned to create direct interfacing between farmers and consumers by establishing local markets.
He added that this would force middlemen to bring down the prices of poultry products and “stick to the original price”.
He said, “The changing prices in the cost of poultry produce is not from the farmers’ end. The middlemen actually hike the prices of poultry produce in the local markets.
“For example, an egg cost less than N50 in our farms but these middlemen and retailers can sell as high as N80 or N100 for an egg.
READ ALSO: Declining Inflation Rate Shows Bias in CPI Basket – Analysts
“What we as an association want to do to address this unnecessary hike in the prices of poultry produce is to set up local markets where people can patronise the farmers directly.
“Once the middlemen know that poultry prices are regulated by the association, they will have no choice but to stick to the original price because they do not bear the cost of production with us.
“This unnecessary hike in the prices of poultry produce is not from us the producers.
“Most of our farms are at the outskirts of the town and that is why most middlemen take advantage to increase poultry prices needlessly.
“So, setting up our own market is a work in progress, we will situate major egg depot’s in popular areas of the state to ameliorate this incessant price hike.
“We will sell our produce at a regulated price not subject to constant changes on the wimps of the middlemen’s crave for extra profit.
“Setting up the poultry farmers markets will cost us a lot but plan is being put in place to make it realisable.
“The grains we got as poultry feed intervention from the Federal Government helped to stabilise the price of maize in the local markets.
“Before now, prices of maize and soya were going up on a daily basis, the Central Bank intervention stabilised the price of maize.
“However, the price of soya kept increasing, this is an indication that the intervention worked. If they can also do it for Soya, it will really go a long way in boosting productivity in the poultry sector.”
