Business
Farmer Recounts N20 Million Loss Over Border Closure
The Managing Director/ Chief Executive Officer of Is-Real Agro Allied Services Nigeria Company, Eng. Promise Is-Real Agbolu, has said that his farm lost over 58 birds valued at N20 million during the border closure by the federal Government.
Agbolu said this in a chat with newsmen yesterday at the farm premises at Igwuruta-Ali in Ikwerre Local Government Area.
He told newsmen that he suffered the tremendous loss due to death of poultry birds as a result of lack of proper medication.
According to him, some of the medications which came from outside the country, was then restricted due to the boarder closure by the Federal Government.
He pointed out that some of such medications which were sold for about N1,500 now sky-rocketed to N3000 and above, thereby, suffocating the system.
“Just this morning (Sunday) alone, I was informed by my manager that 38 birds have died. Reason, no proper medication. Multiply it by N5000, that is some money”, he said.
The engineer turned farmer further hinted that he was forced to auction good number of the birds in order not to incure further loss.
To him, the re-opening of the lander borders was a good development and should be sustained.
On how to aid farmers in the state, he said that Government must make deliberate effort to locate and identify genuine farmers.
He also suggested availability of loan opportunities for farmers to enable them expand and as well, help the government in the area of employment generation.
H suggested Town Hall meeting between the Government and farmers to enable them chart a way forward and do the needful.
Generally, he rated the season’s sales low over what he described as low circulation of cash.
By: King Onunwor