Lagos Butchers Lament as Cow Prices Jump from ₦500K to ₦1.7M
Lagos Butchers Warn of Meat Supply Crisis as Cow Prices Skyrocket from ₦500K to ₦1.7M, Daily Slaughter Drops by 40%
Lagos – Lagos State faces a potential beef shortage as the daily number of cattle slaughtered has dramatically decreased, according to the Lagos State Butchers Association. Alhaji Bamidele Kazeem, patron of the association, revealed to the News Agency of Nigeria (NAN) on Thursday that the daily slaughter rate has fallen from 5,000 to 3,000 cows. This significant drop is attributed to a confluence of socio-economic challenges plaguing the nation.
Kazeem explained that the decline began in 2015 with the Boko Haram insurgency, disrupting cattle rearing and supply chains. The situation has worsened due to the current exchange rate crisis, rampant inflation, and the rising cost of cattle. "Previously, we could purchase a cow for between ₦400,000 and ₦500,000, depending on the breed, size, and location, but we now pay between ₦1.6 million and ₦1.7 million for a cow,"
The increased prices have led to a decrease in demand for beef, further impacting the number of cattle slaughtered. Kazeem also cited banditry and farmer-herder conflicts as contributing factors, disrupting cattle production and impacting supply to Lagos. He expressed serious concerns that the slaughter rate could continue to decline, threatening the state's meat supply.
Beyond economic factors, Kazeem highlighted the impact of climate change on cattle rearing. "When temperatures rise, it can cause heat stress, reducing cattle growth rates, milk production, and fertility,"
Kazeem urged a collaborative approach to address the multifaceted challenges facing the beef industry. He called on the state government, butchers, and farmers to work together to create a more sustainable and resilient industry. "All hands must be on deck to tackle these challenges and create a more sustainable industry," he emphasized. The Butchers Association patron stressed the urgency of the situation and the need for immediate action to avert a potential meat crisis in Lagos State.
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