Poultry farmers fault ban on maize importation

Poultry farmers fault ban on maize importation

Business | Sep 3, 2020 06:49am | FORUM 234 Connect |

Stakeholders in the poultry industry have expressed their displeasure over the inappropriateness, and the ill-timing of the Central Bank of Nigeria (CBN), revised policy that banned importers of maize from accessing foreign exchange (forex) from the apex bank and called for an urgent solution to forestall them from shutting down.

The industry players during a Wandeville Media Webinar series at the weekend decried that they were not carried along in the policy introduction, causing most of them to go bankrupt and downsize.

The Director-General, Poultry Farmers Association of Nigeria (PAN), Onallo Akpa, lamented that the policy has completely and negatively affected the poultry industry more than expected, as they were taken unaware, causing many of them to shut down due to their inability to afford feed for their birds.

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