Poultry Farmers Seek FG Intervention, Demand Low-Interest Loans
Nigerian poultry farmers have called on the Federal Government (FG) to urgently intervene in the sector, citing rising feed costs and mounting financial pressures that are threatening production and driving many operators out of business.
Industry stakeholders say the sharp increase in the prices of key feed ingredients, particularly maize and soybean, has significantly raised the cost of poultry production. According to farmers, feed accounts for the largest share of expenses, and persistent price hikes have made it increasingly difficult to sustain operations.
Many farmers report scaling down their farms or shutting down entirely due to dwindling profit margins, high borrowing costs, and limited access to affordable financing. They warn that if the challenges persist, the country could face reduced poultry output, higher egg and chicken prices, and potential job losses across the value chain.
The farmers are appealing to the government to provide low-interest loans, subsidize feed inputs, and introduce targeted policies to stabilize raw material prices. They also urged authorities to strengthen support for local grain production to reduce dependence on volatile markets.
Sector representatives argue that improved access to credit and input support would help farmers stay afloat, maintain supply, and contribute to national food security. They emphasize that the poultry industry remains a critical source of protein and employment, particularly for small and medium-scale enterprises.
The Federal Government has yet to issue an official response, but stakeholders hope that swift action will be taken to prevent further disruption in the sector.
