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Nigeria In One Minute

Exchange Rate Detrimental To Poultry Business – Owoeye

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Managing director of Elephant Group, Mr. Tunji Oweye said Nigeria’s large poultry market of 17.5 million people is facing some challenges due to dwindling naira value.

He said the major concern to industry operators is not only rising cost in terms of monetary value but the circulation of substandard feeds around the country.

In an interview with LEADERSHIP in Lagos, he admitted that the country’s poultry business is in the hands of small business owners while the feed mill has more large companies.

LEADERSHIP, March 7, 2018

 

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