A sharp increase in the cost of eggs has sparked concern among consumers and traders across the country, as prices continue to rise amid worsening economic conditions.
Market surveys reveal that the price of a crate of eggs has climbed to as high as ₦8,500 in several markets, placing additional pressure on households already grappling with high food inflation. Many residents say the staple food item, once considered affordable, is fast becoming a luxury.
Poultry farmers have attributed the surge to rising production costs, particularly the increasing price of poultry feed, transportation, and other essential inputs. According to industry players, fluctuations in foreign exchange and the high cost of raw materials have made it difficult to maintain stable prices.
Traders in several markets also report reduced supply, noting that some farmers have scaled back production due to the high cost of operations. This imbalance between supply and demand has further driven up prices.
Consumers have expressed frustration over the development, calling for urgent government intervention to stabilize the market and support local producers.
Experts warn that if the current trend continues, egg prices may rise even further, affecting nutrition levels, especially among low-income households who rely on eggs as a primary source of protein.
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