Pig farmers seek larger market share
In line with the Federal Government efforts to diversify the country’s revenue base away from oil, pig farmers in the country are seeking ways to increase their market share in the country’s protein market as pork can now be turned into a variety of products.
The farmers made known to journalists during their exposition of pork to Nigerians recently in Lagos.
“We have been producing pork for other communities and other nations at an affordable rate but now we want to increase our local market share and home grown communities in Nigeria, so that Nigerians can also benefit from this notorious product,” said Femi Malomo, chief executive officer, NumberOne Pig Farm Nigeria Limited.
“The demand for pork meat in Nigeria is rising but relatively to our population it is still very low but we have a situation right now that pork meat is the most popular meat at the moment among the educated middle class especially those that are health conscious,” Malomo said.
He noted that Nigeria generates about N3 billion from life pigs exports to neighboring West African countries.
He also stated that the subsector is becoming very attractive to youths as the average age of pig farmers have declined to 20 years currently, saying that most of the farmers are now more enlightened and educated.
Also speaking with journalists during the exposition, Eniola Bambgelo, chief executive officer, Voltron Farms Limited, said that the essence of the event was to showcase the uses of pork in preparing different variety of recipes.
“Pork can be prepared in different forms such as suya, pepper soup, barbecue and in making varieties of local dishes,” said Bambgelo.
“We intend to change the perception of Nigerians towards pork. There are new genetics and better ways of doing the pork business that has addressed the issues of tape worm and provide better environment to rear pigs,” he further said.
Kola Osunsanu, Obenike Farms Limited, said that despite the low demand of pork in the country, the business is still more lucrative than other livestock businesses, noting that was a poultry farmer for eight years before finally venturing into pig farming.
“I was a poultry farmer for eight years before diverting into pig farming. Pig farming gives me peace of mind,” Osunsanu said.
“Currently, the demand for pork meat in the country has been very low because of economic downturn which has reduced consumer purchasing power. Despite this pig farming is still lucrative than other livestock farming I have tried in the past,” he added.
He noted that pigs are now processed into diverse parts like beacon, tender parts to meet individuals specific needs, saying that the average cost of a kilogram of pork sells for N1,000.
Livestock production grew by 2.52 percent in Q3 2017 from 2.28 percent in Q2 2017 and O.76 percent in Q3 2016, National Bureau of Statistics (NBS) states in its Gross Domestic Q3 report.
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