Covid 19: Poultry sector set to collapse — PAN

0
774
POULTRY, POULTRY SECTOR

Covid 19: Poultry sector set to collapse — PAN

The Poultry Association of Nigeria has warned that the effects of Covid-19 on the industry may soon lead to the total collapse of the sector.

According to the association, the industry “is under siege and may soon collapse” following the rising cost of maize and other inputs of the poultry feeds.

The PAN Chairman in Ogun State, Mrs Blessing Alawode, while addressing journalists in Abeokuta, says that it was high time the Federal Government rescued the industry to curb further economic crisis in the country.

She lamented that the prices of feed had constituted more than 75 per cent of the cost of production in the poultry industry.



Add 0802 030 1137 to receive SKYTREND NEWS alerts on whatsApp;
For adverts enquiries, call or whatsapp 0802 030 1137,
Send Articles & News Stories To editor@skytrendnews.com.

READ ALSO! Skytrend Consulting: Financial services and accounting solutions company

READ ALSO! Why The North Remains Headquarters Of Poverty In Nigeria — Kingsley Moghalu

READ ALSO! For failing to give out ‘adequate loans’, 12 banks fined N499bn

READ ALSO! Nigerian Central Bank Approves Disbursement Of Loans For Creative Industries At 9%

READ ALSO! How To Empower Yourself And Generate Income From Mutual Funds

READ ALSO! Is N-Power Truly Empowering Nigerian Youths?

READ ALSO! TraderMoni: Poverty Alleviation Or Political Leverage?