The Poultry Association of Nigeria (PAN) recently announced a 10% reduction in farm gate egg prices, bringing the cost down to between N4,800 and N5,000 per crate. However, a market survey in Lagos indicates that the reduction has not reflected in retail prices, as residents still purchase crates for between N5,500 and N6,500, while a single egg sells for N250–N300.

Many wholesalers and consumers attribute the persistent high prices to transportation, packaging, and other costs. They argue that the association’s claimed reduction has not eased the burden on buyers.

At Egbeda, a resident, Mrs. Rose Brownson, said she had not noticed any price drop. “The cost of eggs has not dropped in recent months; it only gets more expensive. We still buy a crate between N5,800 and N6,000, and a single egg sells for N250. There has been no noticeable change,” she lamented.

In FESTAC, a wholesaler, Mrs. Esther Ikechukwu, explained that added expenses after purchasing from farms keep prices high. “The farm price is N5,100 per crate, but we pay an extra N200 per crate for transportation. By the time it gets to us, it’s about N5,300, and we still incur costs for delivery to our shops. I sell at N5,700, while others sell between N6,000 and N6,500,” she said. She also highlighted that cracked eggs, which sell at lower prices, contribute to overall losses for sellers.

Similarly, Mr. Oriafo Oseme, a resident of Alimosho, described the price slash claim as a myth. “If there has been a drop at the farm gates, it should reflect in what we pay,” he stated.

A food vendor in Amuwo Odofin, Mrs. Charity Igwe, explained that her pricing is tied to her purchase costs. “We buy a crate at N5,600 and sell boiled eggs at N250. Once it rises to N6,000, we sell for N300. Many food vendors now charge N300 to recover costs,” she said.

Despite PAN’s assurances, consumers across Lagos maintain that the alleged price cut has not eased their expenses, as egg prices remain high in local markets.