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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.

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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.

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“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.

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“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.

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“They prefer selling at higher rates, thus exploiting the average Nigerian,” he said.

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President Tinubu Speaks On Ajuri Ngelale’s Indefinite Leave Request

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By Kayode Sanni-Arewa

President Bola Ahmed Tinubu’s administration has endorsed Ajuri Ngelale, the President’s Special Adviser on Media and Publicity, indefinite leave request.

Recall Ngelale, in a statement on Saturday, announced an indefinite leave of absence.

He proceeded on the leave to attend to pressing medical matters affecting his immediate family.

In a statement he posted on his general communication WhatsApp platform on Saturday, Ngelale revealed that he submitted a memo to the Chief of Staff on Friday.

He noted that the memo was a means of notifying him of the decision to pause his functions, including his roles as Special Presidential Envoy on Climate Action and Chairman of the Presidential Steering Committee on Project Evergreen.

Ngelale explained that the decision was after consultations with his family due to a worsening medical situation at home.

He expressed hope to return to full-time national service when circumstances permit.

In a statement posted on X by Tinubu’s Special Assistant on New Media, Olusegun Dada and signed by the Presidency, Tinubu approved Ngelale’s request.

Tinubu stated that he fully understands his Chief spokesperson’s reason and sympathizes with the circumstances that have led to this seemingly difficult decision.

The statement read: “The President has received the memo from Chief Ajuri Ngelale, Special Adviser to the President on Media & Publicity and Official Spokesperson of the President as well as Special Presidential Envoy on Climate Action, informing of his decision to proceed on an indefinite leave of absence for personal and health reasons.

“The President accepts his reasons for the leave, fully understands them and sympathizes with the circumstances that have led to this seemingly difficult decision.

“While extending his heartfelt prayers and best wishes to Chief Ngelale and his family during this challenging moment, the President hopes for a speedy recovery and full restoration to health.

“The President notes his tireless efforts and dedication in serving the nation, and thanks him for the remarkable contributions he made in his various capacities, especially in advancing national discourse and leading efforts on climate action and other key initiatives.

“The President wishes him well in all his future endeavors.

“During this period, we kindly ask that the wish for privacy of Chief Ngelale and his family be respected.”

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Confusion As FG Denies Ownership Of Yacht Spotted In France With Nigerian Flag

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…says it belongs to an undisvcosed private individual

By Kayode Sanni-Arewa

The presidency, on Saturday, denied ownership of a yacht spotted hoisting Nigerian flag in St-Tropez, a coastal town in France.

There had been reports of a “presidential yacht belonging to the Nigerian government being used for vacation at St Tropez” on social media.

Senior Assistant to President Bola Tinubu on digital and new media, Otega Ogra, in a post on X, said the yacht belongs to a private individual.

The presidential aide said flags used by the president or armed forces do not contain the coat of arms like the one on the yacht.

Ogra said on Saturday, “There have been false claims circulating that a private individual’s yacht was spotted in St. Tropez is a Nigerian government yacht. Here are some points to consider in order to discern the truth.

“The 42m Bennetti yacht currently being shared online has been privately owned for around 5 years since it was constructed.

It is important to note that this specific yacht has no connection or ownership ties to the Nigerian government, president or armed forces. Any claims or assertions suggesting otherwise are simply not true and inaccurate.

“It is not uncommon for luxury yachts to fly the flag of the owner’s country as well as the flag of the country in which they are registered.

“The official Nigerian flag is Green-White-Green without a coat of arms in the middle. Flags representing the Nigerian President or the Armed Forces do not contain a coat of arms in the center. Placing anything in the center of the flag is a clear deviation

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Constituency Devt: Senator Manu fulfils promise, installs solar energy as alternative source of power for constituents(Photos)

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By Kayode Sanni-Arewa

In a bid to enhance better life for his constituents, Senator Manu Haruna has facilatated installation of solar energy in Takalafiya community in Bali Local Government Area of Taraba State.

Senator Manu who represents Taraba Central Senatorial District in the National Assembly fulfilled his promise of ensuring the energy needs of his constituents are adequately taken care of.

This initiative reflects his unwavering commitment to addressing the energy needs of his constituents by providing a reliable and sustainable power source.

The solar energy project is expected to improve the quality of life in the community, enabling access to electricity for homes, schools, and local businesses, while also promoting environmental sustainability.

This project is part of Senator Haruna’s broader efforts to enhance infrastructure and development in Taraba Central.

Manu is also working tirelessly to make sure areas not connected to the national grid are connected within the shortest period possible.

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