‘Eggs add N620b to Nigeria’s economy’ …… NATION

Yearly revenue from egg sales adds N620 billion to Nigeria’s economy, the Poultry Association of Nigeria (PAN) said at the weekend.

The association said the industry produced about one billion eggs per annum valued at N22 billion.

Its National President, Dr. Ayoola Oduntan, who said this in Abuja at a news conference to mark this year’s World Egg Day, added that an egg a day for 50 per cent of the population would add N1.7 billion to the nation’s economy.

He said: “The egg industry produces about one billion eggs per annum valued at approximately N22 billion.

“An egg a day for 50 per cent of the Nigerian population will produce a daily economic value of N1.7 billion naira. Annual revenue from egg sales will be N620 billion.

“If per capita consumption of eggs increases to 100 eggs per person per year, then Annual Revenue would be N340 billion.

Oduntan explained that egg consumption could reduce the risk of cancer in women by 44 per cent, adding that the product could also increase red blood cells in infants as well as develop their brains.

“Eggs may prevent cancer as women who consume at least six eggs per week reduce their risk of breast cancer by 44 per cent according to some scientific studies. Eggs prevent ageing of skin.

“Eggs help to increase the red blood cell count in infants as well as in their brain development. Eggs are best brain and body food for pregnant women, their unborn children and lactating mothers,” he said.

He urged President Muhammadu Buhari to keep to his promise of an egg per day for school children in his school feeding programme.

END

CLICK HERE TO SIGNUP FOR NEWS & ANALYSIS EMAIL NOTIFICATION

Be the first to comment

Leave a Reply

This site uses Akismet to reduce spam. Learn how your comment data is processed.