The Central Bank of Nigeria (CBN) has banned maize importation, raising prospects of potential shortages in the market. There is concern that local farmers may not meet market demand as poultry farmers and other food producers bemoan...
The Central Bank of Nigeria has banned maize importation, raising prospects of potential shortages in the market. There is concern that local farmers may not meet market demand as poultry farmers and other food producers bemoan high cost of the produce,THE food industry is bracing for major adjustments as concerns over the impact of Central Bank of Nigeria’s ban on maize import grow. While the extent of the ban’s impact remains uncertain, production disruption is a major area of focus.
The pandemic, according to him, has reduced the grain outlook. He said the government should have given poultry farmers at least three months to import enough maize while plans would be intensified to increase maize production to reverse the high cost of poultry feeds. The volume and quality of maize available locally, he said, might not be sufficient for industrial producers in the long run.
He noted that poultry business was suffering despite that consumption was significant. Ekong urged the Federal Government to come to their rescue, lamenting that their farms were crumbling. Mrakpor said: “It is heartbreaking to see that small farmers are falling out of business and by extension increasing the poverty level of the citizenry. This is not the expectations of our members, and we are negatively affected by the galloping price of maize by maize merchants without any remorse.
The Dean, School of Basic and Applied Sciences, Babcock University, Ilishan, Ogun State, Prof. Dele Fapohunda, told The Nation, some of the maize might have become unfit for human consumption as they have been contaminated by aflatoxin, known to cause cancer and other health problems.
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