Protectionism is Killing Nigeria’s Poultry Industry

Recently, the national president of the Poultry Association of Nigeria (PAN), Ezekiel Ibrahim, announced that the poultry industry might be forced to shut down by January 2021 due to the astronomical rise in the price of poultry feed caused by the rise in the price of maize and soya beans which are major ingredients in poultry feed.

This increase is a result of the ban on importation by the Nigerian government in a bid to boost local production and increase jobs that were lost as a result of the pandemic. This has however led to the decline of the poultry industry. In trying to boost the maize production industry, the government is ironically killing another industry….

To read more, check full article on Face2Face Africa.

RELATED ARTICLES