How smuggling’s hurting Nigeria’s N1trn poultry industry
The demand for poultry products both for meat and eggs is rising every day in emerging economics, and the measured increase in the standard of living in Nigeria. However, the threat of smuggling is still affecting the business.
Poultry farming brings in lots of income, boosts the country’s economy, creates business opportunities for entrepreneurs, provides employment for job seekers and it is the kind of business that gives consistent returns.
Today, Nigeria poultry business under agric sector is valued at over N1trillion, which is expected to increase significantly if it gets the required support from the government. Nigeria is regarded the number one producer of eggs in Africa with over 11 billions eggs per annum, while it occupies 4th position as the meat producer in Africa.