Some residents and traders in Amuwo Odofin have dismissed the recent claim by the Poultry Association of Nigeria (PAN) that the price of eggs has been slashed by 10 per cent, insisting that the cost of the produce remains high in local markets.
PAN recently announced that a crate of eggs at farm gate had dropped from about ₦5,000 to ₦4,800. However, findings across Amuwo Odofin communities such as FESTAC, Mile 2 and Satellite Town reveal that consumers and food vendors are still paying between ₦5,500 and ₦6,500 per crate, with single pieces selling for as high as ₦250–₦300.
Speaking with our correspondent, Mrs. Esther Ikechukwu, a wholesaler at FESTAC Town, explained that the so-called price slash does not reflect at the point of purchase.
“The farms sell at ₦5,100 per crate, but we still pay about ₦200 extra on each crate for transportation. By the time it arrives, it costs us around ₦5,300, and we have to factor in delivery to our shops. That is why we resell between ₦5,700 and ₦6,500 depending on size,” she said.
She further noted that additional costs such as packaging, data for transfers, and cracked egg losses also affect final pricing.
In Amuwo Odofin, food vendors say the reality is even harsher. Mrs. Charity Igwe, a cooked food seller, told our correspondent that the rising costs directly impact her business.
“I buy a crate at ₦5,600, and when I sell boiled eggs, I have to charge ₦250 each. If I buy at ₦6,000, I sell for ₦300, otherwise I won’t make any profit. Many food sellers around Amuwo now sell at ₦300 per egg,” Igwe explained.
For consumers, the experience is no different. Residents around FESTAC and Satellite Town insist they have not seen any drop in egg prices.
“We still buy at ₦6,000 per crate. The supposed slash in price seems like a myth because it hasn’t reflected in what we pay in the markets here,” a resident said.
While PAN maintains that prices have reduced at farm gate level, the situation in Amuwo Odofin shows that logistics, extra charges, and retailer markups continue to push egg prices up. This gap between farm gate pricing and consumer reality means households and businesses in the area still struggle to afford a staple food item