Poultry farms across the country are currently shutting down operations due to the persistent hike in the price of maize – a major feed for birds in the subsector, the Poultry Association of Nigeria said on Monday. He lamented that in the last two weeks, the price of New Hope feeds, a poultry feed, had increased thrice. The farmer, who operates Atade Farms, said, “Maize is like 60 per cent to 70 per cent of the whole feeds. The increase in the price of maize is one of the major factors. Maize is expensive because a few years ago, the importation of maize was limited.

Source: Punch July 18, 2023 15:43 UTC