Chickens in Poultry Farm

CBN urged to implement University-based poultry scheme

Isola Moses| ConsumerConnect

As part of diversification of the economy towards creating opportunities and wealth for the citizenry, poultry production specialists and industry players have charged the Central Bank of Nigeria (CBN) to activate the campus-based poultry production it promised to revive since 2019.

The latest efforts were announced in July 2019 at an event in Abuja, when Mr. Godwin Emefiele, Governor of CBN, through Dr. Joseph Nnanna, his Deputy for Economic Policy, said the Bank had selected various institutions of learning across the country that would form the pilot team to be used in running the University-based Poultry Revival Programme, reports The Guardian.

“In fulfilment of its resolve to diversify the economy, create jobs and engender inclusive economic growth in the country, the Central Bank of Nigeria (CBN) has launched an intervention programme aimed at reviving the comatose poultry sub-sector in the country,” he said.

It was gathered that Bank had related it obtained information on the capacity of institutions selected in terms of their poultry pens, hatcheries, feed mills, size of crop farms, and number of tractors for grains production.

Details of their commercial viability, bankable business plans, including processing facilities, as well as all information relevant in enriching their participation in the programme were also collated.

However, an investigation by the source revealed that as of now, the programme is yet to have a framework, let alone commencement date.

The partial closure of the nation’s land borders, and shifting of attention to locally produced chickens, apparently, have created opportunities that universities and colleges can explore to boost demand.

Sources from the Federal University of Agriculture, Abeokuta (FUNAAB), in Ogun State, and Federal College of Animal Health and Production Technologies, Ibadan, said they were not aware of any CBN intervention in their poultry production.

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