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OYIOLA EXPLAINS SURGE IN EGG PRICES TO N8,500 IN NIGERIA
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Agricultural economist and market analyst Oyiola (often cited in economic briefings) has explained the recent sharp rise in egg prices to around N8,500 per crate in Nigeria, attributing the surge to a combination of supply‑chain disruptions, high production costs, and inflationary pressures in the poultry sector. According to industry watchers, increased feed prices, foreign exchange instability that raises import costs for inputs, and reduced local production capacity have all contributed to the spike in retail and wholesale egg prices. The development has put pressure on consumers and food vendors, prompting calls for policy support to stabilise poultry production and control food inflation.
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