Miyetti-Allah seeks FG loans to reduce rising beef prices

The Miyetti-Allah Fulaku Yeso Yeso Development Association (MAFYDA) has urged the federal government to provide loan facilities to butchers nationwide to enable them buy cows directly from farmers at livestock markets, rather than relying on middlemen.
The association said direct access to farmers would greatly reduce the high costs of beef, skin and offal nationwide.
Speaking in an interview on Sunday, the MAFYDA National Security Adviser, Comrade Pariya, identified middlemen between Fulani herders and butchers as major drivers of the rising prices.
He said most butchers could not afford to buy cattle directly from farmers due to lack of funds and were compelled to buy on credit from dealers at inflated prices.
“The dealers take advantage of the butchers’ financial challenges to exploit them,” Mr Pariya said.
“Most butchers usually pay them after selling the meat.
“But if the government supports the butchers with loans, they can go to the cattle markets and buy the number of cows they need. In the long run, prices will crash across the country,” he added.
Mr Pariya said a large cow currently costs between N500,000 and N750,000 at livestock markets, but dealers often resell them for between N1.3 million and N1.5 million, depending on location.
He also cited insecurity and high transportation costs as contributing factors to the price hike.
“Security challenges play a role, but it’s often exaggerated. They will tell you there is a security threat in a certain location, but when you get there, you find nothing.
“If butchers can go directly to the market and buy from farmers, everything will be easier,” he said.
Also speaking, MAFYDA Secretary in Taraba, Ibrahim Mohammed, attributed the high cost of beef to rising prices of veterinary drugs and vaccines, consultation fees, and lack of grazing land.
A kilogram of beef, which sold for between N5,500 and N6,500 earlier in the year, now costs between N8,000 and N9,000, depending on location.
(NAN)
We have recently deactivated our website's comment provider in favour of other channels of distribution and commentary. We encourage you to join the conversation on our stories via our Facebook, Twitter and other social media pages.
More from Peoples Gazette

States
Independence: NBA urges Nigerians to expect better future
The NBA said that ordinary Nigerians should be deriving benefit from the subsidy removal rather than hardship.

Agriculture
FG tasks ECOWAS on leveraging financing strategies for agroecology
The federal government has urged stakeholders in the agriculture and finance sectors in the West Africa region to leverage financing strategies to enhance agroecology practices

Politics
Katsina youths pledge to deliver over 2 million votes to Atiku
“Katsina State is Atiku’s political base because it is his second home.”

States
Customs hand over LPG consignment intercepted at Akwa Ibom to NMDPRA
Ms Okor-Odey described the handover as a practical demonstration of inter-agency cooperation and regulatory responsibility.

NationWide
Aviation unions oppose FG’s plan to abolish 5% ticket, cargo sales charges
Mr Ocheme said that any review of aviation charges must follow transparent statutory procedures.

States
NAFDAC warns Imo patent medicine dealers against selling fake, expired drugs
According to the NAFDAC boss, commercial interests must never justify endangering public health.

Economy
N1,300/$1: Naira would have become worthless without my policy, Tinubu says
Mr Tinubu announced the unification of exchange rates a few days into his administration in 2023.

Lagos
Customs boss decries 20-year abandonment of power equipment at ports
Mr Adeniyi described the abandonment of equipment procured with public funds as irresponsible.

NationWide
2027: INEC chairman restates commitment to improved staff welfare
Mr Amupitan disclosed that the commission had introduced a new salary structure.





