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Poultry association blames rising cost of egg on forex, greed
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By Francesca Hangeior
The Poultry Association of Nigeria (PAN), Lagos State Chapter, has blamed increase in the price of eggs on the fluctuating foreign exchange rate and greed by some middlemen.
The Chairman of the Lagos State Chapter of PAN, Mr Mojeed Iyiola, said, the increase is caused by rise in the price of feed materials due to fluctuations in the Naira exchange rate with the dollar.
Reports have it that the price of eggs, as well as other poultry produce, has continued to increase.
A crate of eggs from the poultry farm gate now sells for about N3400, up from N2700 in January.
Meanwhile, Iyiola said, “The price of feed materials is the cause of the hike in the price of poultry produce, especially egg.
“The price of feed materials increases on a daily basis. You buy a bag of layers’ feed for N10,000 today, the next day it would have risen to N10,500 and so on.
“Dealers in poultry feed materials have blamed the fluctuations in the dollar exchange rate as the reason for the constant increment,” he said.
Iyiola said that major components of feed meal were being imported into Nigeria.
“The component of feed we do not import is maize. Even soybeans is partially imported into the country,” Iyiola added.
He said that farmers preferred to export soybeans to neighbouring countries for higher profits.
“They prefer exporting them to selling locally.
“The greed of middlemen in the sector, for extra profits, contributes to the consistent hike in egg prices.
“From the farm gate, the least we sell a crate of eggs is N3300 to N3400.
“Middlemen hike the price of the produce beyond normal; if you get a crate of eggs at the farm gate price, a profit of N200 is not bad.
“They prefer selling at higher rates, thus exploiting the average Nigerian,” he said.
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Help us to rescue 79 school chidren still in captivity in Borno same way you rescued Oyo kids -Ndume begs military
Senator Mohammed Ali Ndume, representing Borno South, has appealed to the Nigerian military and other security agencies to repeat same feat as exhibited in Oyo to rescue 79 school children in Borno.
Ndume made this demand while appearing Channels TV at the weekend, after the rescue of abducted victims from Oyo State, Senator Ndume said he had expected more details from the military about the operation but understood that some information relating to military operations and equipment could not be made public.
The senator said 42 people from Mussa in Borno South Senatorial District remain in captivity, alongside about 37 people from Lassa who were recently abducted. He added that several victims from Moushi and travellers kidnapped along the Buratai route were also yet to be rescued.
“I want to use this opportunity to appeal to the military to keep their attention on my senatorial district and help us get these people back. The parents are traumatized, especially those from Mussa because there are small children among them,” Ndume said.
According to him, those still in captivity include children, students from Lassa who were preparing for their NECO examinations, and other adults abducted in separate incidents.
Despite the security challenges, the senator expressed confidence in the capabilities of the Nigerian Armed Forces and other security agencies.
“I have confidence in the Nigerian security agencies. All they need is encouragement, training, equipment, aviation and motivation,” he said.
Ndume commended the security forces for the recent rescue operation, saying about eight suspected kidnappers were neutralized, while others were arrested, leading to the safe rescue of the abducted children.
“The children are back safely. Those responsible for the abduction lost about eight of their members during the operation, while some were captured. I believe this will provide useful intelligence on their operations and help address the security challenge,” he said.
The senator called on the military to build on the success of the operation by intensifying efforts to secure the release of the remaining captives in Mussa, Lassa, Muoshi and along the Buratai axis.
News
EU Asks Meta To Change Facebook, Instagram’s ‘Addictive Design’
Meta must change Facebook’s and Instagram’s “addictive design” or face a heavy fine, the EU warned on Friday.
Brussels accused the US tech giant of failing to limit the risks the platforms posed to users, especially children and vulnerable adults, because of features designed to keep them on Facebook and Instagram.
Of particular concern are those like endless scroll, highly personalised feeds and the automatic playback of videos.
“Protecting the physical and mental health of Europeans must be a priority for social media platforms,” EU tech chief Henna Virkkunen said in a statement.
The European Union has in recent months stepped up its efforts to force Big Tech to better protect users online, especially children.
In a preliminary view on Friday, the European Commission said it “considers that Meta needs to implement design changes to both Instagram and Facebook” after concluding the platforms broke EU content rules.
Changes could include “disabling key addictive features such as ‘autoplay’ and ‘infinite scroll’ by default, implementing effective ‘screen time breaks’, and adapting its recommender system to make it less engagement-oriented”, it added.
Meta said it disagreed with findings but would continue to “engage constructively” with the EU.
If the regulator’s views on Meta are confirmed, the EU can slap a fine of up to six percent of the company’s total worldwide annual turnover.
A senior EU official insisted Brussels did not want to punish companies.
“We want to bring about change, and if we can get that change via commitments then we would be most happy,” a senior EU official said.
The findings come before an expert panel tasked by EU chief Ursula von der Leyen delivers its recommendations on Monday on how the EU can better shield children online from inappropriate content.
Von der Leyen faces pressure to act, with some EU states including France pushing for bloc-wide bans on social media for minors following Australia’s groundbreaking ban for under-16s.
The EU delivered a similar warning to TikTok in February this year, telling the company to change its design or risk massive fines.
But the official said there was a “slight difference” with TikTok since “Meta has indeed always tried to address minor protection online”.
The EU began its probe into Meta in 2024 under the Digital Services Act (DSA).
The content law is a major weapon in the EU’s bolstered armoury adopted in recent years to curb what Brussels describes as Big Tech’s excesses.
In Friday’s findings, Brussels said Facebook’s and Instagram’s time management tools can be easily dismissed while parental controls are only effective if parents have some technical knowledge, the commission said.
Meta also disregarded information about the time children spend on the apps at night “and how the optimisation of its different formats — such as reels and stories — could lead to excessive or compulsive use of the services”.
But Meta said the EU’s findings “don’t accurately take into account the significant steps we’ve taken to protect teens”, pointing to a type of account launched since the probe began.
Accounts allow parents to block access to Instagram at night and cap daily screen time at 15 minutes, it said.
As part of the same investigation, the EU accused Meta in April of failing to prevent children under 13 using Facebook and Instagram, thereby potentially exposing them to inappropriate content.
The wide-ranging probe is still looking into the possible so-called “rabbit hole” effects — which occurs when users are fed related content based on an algorithm, in some cases leading to more extreme content — on the platforms.
Meta has faced similar scrutiny across the Atlantic including a US trial this year which ruled Meta’s and YouTube’s platforms were harmfully addictive.
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Intelligence-led operations greatly helped in rescue of Oyo school children – Army reveals
The Nigerian Army has disclosed that the 44 pupils and teachers abducted in Oriire Local Government Area of Oyo State regained their freedom through a month-long intelligence-led joint security operation that dismantled the kidnappers’ network.
The development was revealed in a statement issued on Friday by the Acting Deputy Director, 2 Division Army Public Relations, Lieutenant Colonel Danjuma Jonah Danjuma.
According to the statement, troops of the Nigerian Army, led by the General Officer Commanding, GOC, 2 Division, Major General C.R. Nnebeife, carried out the operation in collaboration with the Office of the National Security Adviser through the National Counter Terrorism Centre, NCTC, Defence Headquarters, Special Forces from the Nigerian Army, Navy and Air Force, the Nigeria Police Force, the Department of State Services, DSS, the National Intelligence Agency, NIA, the Nigeria Security and Civil Defence Corps, NSCDC, as well as local vigilantes, hunters and Amotekun personnel.
The Army said the operation, which lasted for more than a month, focused on identifying the kingpins behind the May 15, 2026 abduction, dismantling their logistics networks and tracking their informants and hideouts within the Old Oyo National Park and other locations.
It stated that multiple arrests were made in Oyo State and other parts of the country, a development that disrupted the terrorist group’s operations and mounted sustained pressure on the abductors, ultimately leading to the unconditional release of the victims.
According to the statement, the operation was carefully planned and executed to ensure the safe rescue of the pupils and teachers while avoiding collateral damage, although some security personnel recorded casualties during the operation.
The Army added that the rescued victims are receiving medical attention at an undisclosed hospital and will be handed over to the Oyo State Government for reunification with their families.
It noted that follow-up operations were ongoing to apprehend other members of the criminal network involved in the abduction.
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