Former deputy governor of Ogun State, Senator Adegbenga Kaka, has appealed to the federal government to come to the aid of poultry farmers in the country because the exorbitant rise in the cost of bird feeds has forced many of the farmers out of business.
Kaka explained that, there is the need for government to subsidise the poultry business, as the cost of feeds for the birds has shot up.
“I am a poultry farmer and in the last three weeks, the price of feeds constituting 75 to 80 per cent of cost of production have been increased more than five times, and most poultry farmers are folding up,” he said.
“The percentage increase is around 25 to 50 per cent cumulatively as the price jumped from N2,500 to N3,400. That could not be passed on to consumers of animal protein, especially, the chicken egg.”
He stressed that what contributed to the hike in the cost of animal feeds are middlemen who imported grain which constitutes about 80 per cent of the substance of the birds feed, and that they deliberately hike the cost of the grain to about 50 per cent at times.
Kaka suggested that rather than government giving license to the middle men to import grains, the license should be given to the end users of the grain.