Border closure saves Nigeria’s poultry industry N50b -NIAS boss

  • 📰 TheNationNews
  • ⏱ Reading Time:
  • 39 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 19%
  • Publisher: 69%

Business News News

Business Business Latest News,Business Business Headlines

The land border closure with neighbouring countries has saved the poultry industry in Nigeria about N50 billion since its commencement...

The land border closure with neighbouring countries has saved the poultry industry in Nigeria about N50 billion since its commencement in October.

He said that given Nigeria’s huge total feed output of 5.3 million metric tonnes in 2016, 80 per cent of the output was attributable to the poultry industry. The registrar emphasised that the huge impact could, however, grow exponentially and be translated to more concrete economic gains and accelerated growth of the nation’s poultry industry.

“The imported products, often of lower quality, attracted lower prices. This led to the closure or down sizing of several poultry farms with consequential business and job losses along the poultry value chain. Iyayi reaffirmed that on Aug. 20, President Muhammadu Buhari ordered a partial closure of the land borders with Republic of Benin, Niger Republic and Cameroon to facilitate a joint operation.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Madness from FG you people of Islamic republic of Nigeria should stop fooling your self.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 6. in BUSİNESS

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Border closure saves Nigeria’s poultry industry N50 billion - OfficialThe land border closure with neighbouring countries has saved the poultry industry in Nigeria about N50 billion since its commencement in October This could be very true... ridwanking4 46mins just 12 retweets and 37likes because it doesn't suit their bad luck narratives, some are already asking if its true others are saying its a lie. May Almighty God punish all those waiting to hear bad news about this great nation. Awon omo irankiran. Why are you still borrowing money. Where are the recovered loots? Where is our oil money? Ole.
Source: PremiumTimesng - 🏆 3. / 78 Read more »

Border closure saves poultry industry N50bn in 4 months – Daily TrustThe Nigerian poultry industry, with a current net worth of N1.6 trillion has saved about N50 billion since the beginning of the partial and total border shutdown on 20 August 2019. Registrar of the Nigerian Institute of Animal Science (NIAS), Professor Eustace A. Iyayi, stated this yesterday at a news conference in Abuja.ADVERTISEMENT He said … My question remains, did we have to close down the border to achieve this? Doesn’t this show the failure of the institution mandated to manage the borders? Are these therefore, reasons for an indefinite and unsustainable border closure? What about losses incurred by exporters? Sigh 😔 True talk God bless this government for this singular act alone.
Source: Daily Trust - 🏆 13. / 51 Read more »

Border closure saves Nigeria’s poultry industry N50 billion - OfficialThe land border closure with neighbouring countries has saved the poultry industry in Nigeria about N50 billion since its commencement in October This could be very true... ridwanking4 46mins just 12 retweets and 37likes because it doesn't suit their bad luck narratives, some are already asking if its true others are saying its a lie. May Almighty God punish all those waiting to hear bad news about this great nation. Awon omo irankiran. Why are you still borrowing money. Where are the recovered loots? Where is our oil money? Ole.
Source: PremiumTimesng - 🏆 3. / 78 Read more »