• Home
  • News

    CBN evacuates banknotes, direct banks to open weekends

    2023 governorship polls: How election was won, lost in States

    Any attempt to arrest Putin is a declaration of war: Medvedev

    U.S. condemns suppression of voters in Lagos; announces fresh visa bans on culprits

    U.S. condemns suppression of voters in Lagos; announces fresh visa bans on culprits

    How dynamic security environments broadened ONSA’s functions – Monguno

    IPOB Leader, Nnamdi Kanu Takes Nigerian Secret Police, DSS To Court Over Alleged Denial Of Access To Personal Doctors

    FCT minister seeks collaboration on quality infrastructure

    FCT minister seeks collaboration on quality infrastructure

  • Politics
  • Security
  • Opinion
  • Sports
  • Technology
  • About Us
  • Contact Us
No Result
View All Result
9jaYarn
  • Home
  • News

    CBN evacuates banknotes, direct banks to open weekends

    2023 governorship polls: How election was won, lost in States

    Any attempt to arrest Putin is a declaration of war: Medvedev

    U.S. condemns suppression of voters in Lagos; announces fresh visa bans on culprits

    U.S. condemns suppression of voters in Lagos; announces fresh visa bans on culprits

    How dynamic security environments broadened ONSA’s functions – Monguno

    IPOB Leader, Nnamdi Kanu Takes Nigerian Secret Police, DSS To Court Over Alleged Denial Of Access To Personal Doctors

    FCT minister seeks collaboration on quality infrastructure

    FCT minister seeks collaboration on quality infrastructure

  • Politics
  • Security
  • Opinion
  • Sports
  • Technology
  • About Us
  • Contact Us
No Result
View All Result
9jaYarn
No Result
View All Result

Naira scarcity: Poultry farmers lose over N30bn eggs – Association

March 18, 2023

The Poultry Farmers Association of Nigeria (PFAN) said its members lost more than N30 billion worth of over 15 million crates of eggs to the lingering cash scarcity in the country. In a statement on Friday, Sunday Onallo-Akpa, national president of PFAN, lamented that the poultry industry was on the verge of total collapse and extermination.

“The poultry farmers in the country have lost over 15 million crates of eggs being unsold and are damaged,” NAN quoted him as saying. “The average loss to the poultry industry as at this press release is in excess of over N30 billion.” Onallo-Akpa described the poultry industry in Nigeria as one of the most consolidated subsectors of agriculture, contributing about 25 percent of the agricultural gross domestic product (AGDP) and employing over 25 million Nigerians directly and indirectly.

He said the poultry industry has been a major employer of labour and a great source of financial empowerment and livelihood for many families, especially women and youths. “The industry is completely private sector driven and worth over N3 trillion,” he said. Onallo-Akpa said the near absence of naira notes for Nigerians to make daily transactions have made businesses in the poultry industry more difficult.

“Eggs being daily produced by poultry farmers since the first week of February 2023 till date have never been off taken by 20% because of the near absence and lack of the naira notes to buy basic food items and other necessary proteins like eggs and chickens,” he said. The PFAN boss called for urgent intervention by the federal government to save the industry from imminent collapse. He asked the government to make available direct grants and financial support to the industry through the association.

He also appealed to the federal government to mop up the eggs through the association for distribution to the most vulnerable old populations as part of the social investment support to Nigerians. “Encourage the Armed Forces in various peacekeeping operations, the Nigerian Prisons, the Internally Displaced Persons and primary schools (School Feeding Programme) to be immediate off-takers of the eggs,” he said. Onallo-Akpa asked the presidency to direct the National Emergency Management Agency (NEMA), the Directorate of Peacekeeping Operations of the Nigeria Armed Forces, and the social investment programme of the ministry of humanitarian affairs and disaster management, to work with the association on how immediate relief can be extended to poultry farmers across the country. NAN

Share74Tweet46Send
Emem Unwana

Emem Unwana

Related Posts

Business

CBN evacuates banknotes, direct banks to open weekends

March 24, 2023

The Central Bank of Nigeria (CBN) has confirmed the evacuation of banknotes from its vaults to commercial banks across the country as part of a coordinated effort to ease the circulation of banknotes of various denominations.The CBN has also...

News

2023 governorship polls: How election was won, lost in States

March 23, 2023

The 2023 governorship and State Houses of Assembly Elections may have ended and winners declared in most of the States of the federation. However, many questions have remained unanswered.Prominent among the questions is the capability of the Independent National...

News

Any attempt to arrest Putin is a declaration of war: Medvedev

March 23, 2023

Former President Dmitry Medvedev said that any attempt to arrest President Vladimir Putin after the International Criminal Court (ICC) issued a warrant would amount to a declaration of war.“Let’s imagine – obviously this situation which will never be realised...

U.S. condemns suppression of voters in Lagos; announces fresh visa bans on culprits
News

U.S. condemns suppression of voters in Lagos; announces fresh visa bans on culprits

March 22, 2023

The United States on Tuesday said it was disturbed by widespread cases of ethnically-induced voter suppression in Lagos during the March 18 governorship election, saying such action would not go unpunished. The U.S. mission in Nigeria, in a statement...

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Categories

  • Business (76)
  • Career (33)
  • Editorial (2)
  • Entertainment (30)
  • Fashion (1)
  • Health (32)
  • Infographics (2)
  • International (25)
  • Lifestyle (28)
  • News (551)
  • Opinion (25)
  • Politics (118)
  • Security (134)
  • Sports (91)
  • Technology (20)
  • Travel (12)
  • Uncategorized (35)
  • Wazobia (2)

Popular

  • ADEBOWALE YEMI AND HIS HATCHET MAN’S JOB ON BICHI

    243 shares
    Share 97 Tweet 61
  • Anambra State Governor ‘Moves Against IPOB’, Declares Curfew in 7 LGAs

    185 shares
    Share 74 Tweet 46
  • IPOB, KANU AND IFEANYI EJIOFOR’S MISLEADING EFFORTS TO SUSTAIN A FAILED BIAFRA NARRATIVE

    186 shares
    Share 74 Tweet 47
  • Nigeria’s contract with Peseiro, new Super Eagles coach

    185 shares
    Share 74 Tweet 46
  • 2023 elections: A Paradigm Shift in Nigeria’s political History

    185 shares
    Share 74 Tweet 46
4
2
1
6

  • 9jayarn
  • Privacy Policy
  • Contact Us
  • About Us

© Copyright 2022 9jayarn

No Result
View All Result
  • Home
  • News
  • Politics
  • Security
  • Opinion
  • Sports
  • Technology
  • About Us
  • Contact Us