Why Poultry, aquaculture industries may collapse- LASG

The Lagos State government has called for concerted efforts to address the increasing prices of soyabeans.
Acccording to the the Commissioner for Agriculture, Mrs Abiola Olusanya, the move is necessary to  prevent the collapse of the poultry and aquaculture industries,
At present a tonne of maize is selling for between N145,000 and N160,000. As at November 2019, the price of maize per tonne was N85, 000.
Speaking at the Pre-6th Implementation Support Mission of Agro-Processing, Productivity Enhancement and Livelihood Improvement Support Project (APPEALS) in Lagos, lamented the scarcity and near absence of soybeans,
Represented by  the Permanent Secretary, Ministry of Agriculture, Dr Shakirudeen Onasanya, Mrs Olusanya said unless there was an urgent intervention, the industry might collapse.
Her words: “I implore this mission’s team to look critically at ways of removing all bottle necks associated with implementation of APPEALS project, especially because of the looming food crisis associated with the COVID-19 pandemic and other security challenges in the country.
“Stakeholders in two of our value chains – poultry and aquaculture – are facing major challenge of feed cost. The solution to this and many more crises is what we as implementers of intervention projects should be looking into.’’
She added that the Pre-6th Implementation Support Mission of the APPEALS meeting in Lagos has provided a platform for stakeholders to interact on the matter.

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