‘Poultry industry has saved N50 billion since border closure’

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With the poultry industry currently functioning almost at its full capacity following the border closure, the Nigerian Institute of Animal Science (NIAS), has said the sector has raked in about N50billion between August and December, and also created many jobs.

The Registrar of the Institute, Prof Eustace Iyayi, at a news conference in Abuja, yesterday, pointed out that prior to the closure of the boarder, 70 percent of about two million metric tonnes (MMT) of poultry meat consumed locally were smuggled into the country, causing poultry farms to close down or down size.

He said the sustenance of border closure would greatly reduce smuggling, and cut down smuggling of poultry and poultry products by 1MMT.

The Don said: “the closure of the borders has not only created market for locally-produced poultry, but also created jobs. If the 1million MT of chicken is prevented from being smuggled into the county are produced in Nigeria, an equivalent of 100,000 jobs would be created along the broiler and turkey production.”

Reiterating NIAS’ support for border closure, he said the impact on the poultry industry has created a multiplier effect along the value chain such as inputs supply, storage facilities, transportation/logistics and value addition.Iyayi noted that the huge impact could grow exponentially, and transmitted to more concrete economic gains and accelerated growth if the industry beyond the current estimated annual growth rate of 3.3percent is able to take control of the local market and align more with global best practice to compete with the export market.According to him, prior to the closure of the border, in 2017, Benin Republic was importing about 1.2MMT of rice annually against consumption of 799,000MT, while Cameroon was importing 724,443MT against a population of 24million, while Niger Republic imported about $53.9million worth of rice for a population of about 21millionIyayi further disclosed the Institute‘s plans to commence regulation of activities in livestock farms, especially dairy farms, milk processing facilities, and abattoirs in 2020

Different strokes for poultry farmers as yuletide yields boom

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It was a case of different strokes for different players in the poultry industry during the festive season. While some smiled to the banks with high proceeds, it wasn’t so for others, as they struggled to sell off their stock at give-away prices, to manageably realise their investment. Despite the border closure, which has positioned the industry to function at almost full capacity, investigations showed that many farmers confronted series of challenges during the period, as some still have sizeable unsold stock.

Prior to the border closure last August, about 70 percent the two million metric tonnes of poultry meat consumed locally were smuggled into the country, which threw local farmers into distress, with some shutting down.It was learnt that as a result of the closure, local farmers have been able to produce one million metric tonnes of poultry products, a development that has seen the revival of the almost-moribund industry.

While attesting to this development two weeks ago, the Nigerian Institute of Animal Science (NIAS), said the sector has raked in about N50b between August and December, and also created many jobs. The Registrar of the Institute, Prof Eustace Iyayi, who disclosed this in Abuja, said the closure of the borders has not only created market for locally-produced poultry, but also created jobs.He added that if the one million metric tonnes of chicken prevented from being smuggled into the county were produced in Nigeria, an equivalent of 100,000 jobs would be created along the broiler and turkey production.

‘Poultry industry has saved N50 billion since border closure’

/in /by

With the poultry industry currently functioning almost at its full capacity following the border closure, the Nigerian Institute of Animal Science (NIAS), has said the sector has raked in about N50billion between August and December, and also created many jobs.

The Registrar of the Institute, Prof Eustace Iyayi, at a news conference in Abuja, yesterday, pointed out that prior to the closure of the boarder, 70 percent of about two million metric tonnes (MMT) of poultry meat consumed locally were smuggled into the country, causing poultry farms to close down or down size.

He said the sustenance of border closure would greatly reduce smuggling, and cut down smuggling of poultry and poultry products by 1MMT.

The Don said: “the closure of the borders has not only created market for locally-produced poultry, but also created jobs. If the 1million MT of chicken is prevented from being smuggled into the county are produced in Nigeria, an equivalent of 100,000 jobs would be created along the broiler and turkey production.”

Different strokes for poultry farmers as yuletide yields boom

/in /by

It was a case of different strokes for different players in the poultry industry during the festive season. While some smiled to the banks with high proceeds, it wasn’t so for others, as they struggled to sell off their stock at give-away prices, to manageably realise their investment. Despite the border closure, which has positioned the industry to function at almost full capacity, investigations showed that many farmers confronted series of challenges during the period, as some still have sizeable unsold stock.

Prior to the border closure last August, about 70 percent the two million metric tonnes of poultry meat consumed locally were smuggled into the country, which threw local farmers into distress, with some shutting down.It was learnt that as a result of the closure, local farmers have been able to produce one million metric tonnes of poultry products, a development that has seen the revival of the almost-moribund industry.

While attesting to this development two weeks ago, the Nigerian Institute of Animal Science (NIAS), said the sector has raked in about N50b between August and December, and also created many jobs. The Registrar of the Institute, Prof Eustace Iyayi, who disclosed this in Abuja, said the closure of the borders has not only created market for locally-produced poultry, but also created jobs.He added that if the one million metric tonnes of chicken prevented from being smuggled into the county were produced in Nigeria, an equivalent of 100,000 jobs would be created along the broiler and turkey production.