Business
Ogogoro: Dog Meat Biz Still Booms In FCT
Dealers in dog meat at
the Ushafa Bridge in Bwari, FCT, say that media reports about people who died from consuming dog meat and local gin will not deter them from doing their business.
The traders spoke in separate interviews with our correspondent yesterday in Bwari.
The tragedy was said to have happened in Woji Obio/Akpor council area in Rivers State.
One of the dealers, Mr Naboth Zachariah, told our correspondent he had never received any complaint from his customers since he started the business in 2013.
Zachariah, who hails from Kaduna State, said although the story generated anxiety and apprehension among people in the community, he was bent on continuing with the business.
“The story is not affecting me; people buy dog meat every time; they said it was due to the spirit ‘ogogoro’; I think that is what killed them.
“So, it is not that dog normally has anything; because I have been selling it here for a while and nobody complained to me about sickness.
“I buy it; I kill and sell it every day; sometimes we sell up to five dogs every day.
“The other people have already finished selling theirs; it is because I did not kill mine early today that my product has not finished.”
Another bush meat seller, Mrs Esther Emmanuel, expressed optimism that the dog meat story would not affect her business.
According to her, the dog meat story is similar to the Ebola Virus Disease outbreak.
She, however, said that she would continue with her bush meat business.
“I sell bush meat; I don’t know about dog meat; but during the Ebola regime, people were deceived to think it will kill them when they eat the meat. We still sell bush meat; I still sell now the way I used to sell the meat before.
“The business is moving I sell all my products in a day; I will buy another one and cook it to sell.
“The business mostly thrives on Saturdays and Sundays as against week days.”
She, however, advised people to always examine bush meat they buy before consumption, to avoid health complications.
According to her, such complications often occurred through the consumption of animals that died from poisoning.
“Therefore, people need to be cautious before eating them,’’ she said.
According to her, the regular demolition of the bush meat spot is the only challenge to the growth of the business in the area.
She, therefore, appealed to the Bwari Area Council authority to build a befitting market where people could legitimately engage in bush meat and dog meat trade, in order to attract fun seekers and promote business growth.
Credit to Nigeria’s private sector rose to N83.26 trillion in June 2026 from N81.04 trillion in May, signifying a positive balance of N2.22 trillion month-on-month.
Year-on-year, the figure represents a nine per cent increase compared with the N76.13 trillion recorded in June 2025. The latest figures come as the CBN continues to balance efforts to control inflation with the need to support economic growth and expand credit to businesses.
The CBN data shows that credit to Nigeria’s private sector increased by approximately 2.74 per cent month-on-month between May and June 2026. Also, the CBN data noted that credit to the government fell slightly to N40.03 trillion from N40.38 trillion. Other assets, net, dropped to N10.76 trillion from N12.63 trillion.
The credit surge signifies sustained growth in lending to businesses and other private-sector borrowers during the month. The rise in private sector credit was recorded alongside an increase in net domestic credit, despite declines in credit to government and other assets.
Further analysis of the report says that compared with June 2025, private sector credit rose by about N7.13 trillion yea-on-year but net domestic credit increased by approximately N1.87 trillion during the month.
The CBN’s relatively tight monetary policy stance notwithstanding, more banks still loaded funds to the private sector within the period. The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) held its 306th meeting on July 20 and 21.
The Committee reviewed recent developments in the global and domestic economies, assessed emerging risks to the outlook and considered their implications for monetary policy and retained all rates.
The Committee decided to retain the Monetary Policy Rate at 26.5 per cent; the Standing Facilities Corridor around the MPR at +50/-450 basis points and retain the Cash Reserve Requirement (CRR) for Deposit Money Banks at 45.00 per cent, Merchant Banks at 16.00 per cent, and non-TSA public sector deposits at 75.00 per cent.
The MPC decision means that credit extension in the private sector will likely continue to rise because of rising confidence in the sector and calls by stakeholders for banks to invest in the private scetor instead of government securities.
