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FG packaging urgent relief for poultry industry – Osinbajo

Osinbajo

Acting President, Prof Yemi Osinbajo has promised that the federal government is packaging urgent relief to address some major issues confronting the agricultural sector, particularly the poultry industry.

Osinbajo made this promise during his second meeting with representatives of the poultry industry in a week.

According to Osinbajo, the poultry industry has had to contend with a number of challenges, including an outbreak of Avian Influenza which affected almost 4 million birds in 2015, non-allocation of Foreign Exchange for the importation of needed machinery and other critical inputs, and high production costs in the industry.

A statement by his spokesman, Laolu Akande said Prof. Osinbajo, who had met with members of the Poultry Association of Nigeria last week Thursday, summoned another meeting today where relevant ministers and agency heads came together to fashion out how to bail-out the industry.

“The poultry industry is a local industry that needs to be protected urgently,” the Acting President was quoted as saying at the meeting where specific measures were tabled and considered on how the FG can be of help.

In his remarks, Dr. Ayoola Oduntan, who led the delegation of the Poultry Association of Nigeria to present industry challenges to the meeting, noted that poultry presently contributed 25% of the Agricultural Gross Domestic Product of the Nigerian economy amounting to N1.6trillion.

He added that Nigeria was rated as the number one egg-producing nation in Africa, and number 4 poultry meat producer in the continent.

The FG is now in the process of concluding decisions on specific lines of action targeted at the challenges facing the industry, a sub-sector that is said to generate over 14 million direct and indirect jobs in the country.

Present at the meeting were the Finance Minister, Mrs. Kemi Adeosun, Agriculture & Rural Development Minister of State Heineken Lokpobiri, Comptroller-General of the Nigerian Customs Service, Col. Hameed Ali, rtd, and the Central Bank Governor Godwin Emefiele.

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