Some residents across Lagos State have dismissed reports of a reduction in the price of eggs as announced by the Poultry Association of Nigeria (PAN), insisting that prices remain high in markets.
PAN had recently claimed a 10 per cent reduction in farm-gate prices, pegging a crate of eggs between ₦4,800 and ₦5,000. However, residents told the News Agency of Nigeria (NAN) on Saturday that retail prices have remained between ₦5,500 and ₦6,500 per crate, with a single egg selling for ₦250 or more.
Mrs. Rose Brownson, a resident of Egbeda, said there had been no noticeable change in her area.
“We still buy a crate between ₦5,800 and ₦6,000 depending on the size. A single egg still costs ₦250. There has been no drop,” she said.
At FESTAC, wholesaler Mrs. Esther Ikechukwu explained that extra charges and logistics erase any supposed reduction.
“The farm price is ₦5,100, but with transportation and other costs it gets to ₦5,300. I sell between ₦5,700 and ₦6,500, depending on the location,” she said, adding that packaging and data costs also push prices up.
Other residents and traders—including consumers in Alimosho and cooked-food vendors in Amuwo Odofin—confirmed they still buy crates between ₦5,600 and ₦6,000, forcing them to sell boiled eggs at ₦250 to ₦300 each to make profit.
Consumers therefore insist that PAN’s reported price slash has not translated into any relief in local markets.