Households in Lagos and Ogun states have decried increasing cost of eggs, saying the common source of protein is now out of reach.
They lamented that a crate of egg is now sold for between N3,800 and N4,000 at farms and above N4,500 in retail shops and markets. They lamented that a crate of egg is now sold for between N3,800 and N4,000 at farms and above N4,500 in retail shops and markets. However, in May, it was sold for between N3,200 and N3,500.
But the Poultry Association of Nigeria blamed the hike in egg prices on low production and high cost of feed. Chairman, Lagos State chapter, Mr Mojeed Iyiola, and other stakeholders in the sector disclosed this in separate interviews with the News Agency of Nigeria in Lagos. “Farmers that are able to buy day-old chicks are considered well-to-do. Also, a majority of our local farmers have shut down due to the high cost of feed.
“We want to liaise with the food hub at Idi-Oro. Our farmers are complaining that they can no longer afford to sell at a loss. We supply eggs at the farm gate at N3,800 per crate, and with the same logistics, we still sell at N3,800 at the hub. This means we are running at a loss. Suspected Boko Haram terrorists have kidnapped four passengers along the Maiduguri-Damaturu Highway in Borno. The abduction followed an attack on Tuesday evening near Auno Village, 25 kilometres away from Maiduguri, the Borno State capital.
Justice Efe Ikponmwonba of a Benin High Court has convicted and sentenced a 23-year-old man, Joseph Edosa, to two years in prison for fraud. Ikponmwonba, however, gave him an option of N100,000 fine, following a plea bargain.
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