High financing costs force underproduction in Nigeria’s poultry sector – Rhyss Farms CEO

Nairametrics | 24-04-2026 01:52am |

The CEO of Rhyss Farms, Olajide Basorun, has said high financing costs are driving underproduction in Nigeria’s poultry sector, as farmers are unable to fully utilise existing capacity despite sustained demand. Basorun disclosed this in an exclusive chat with Nairametrics, where he said credit constraints, infrastructure gaps, and rising input costs are limiting expansion and efficient operations. He added that the widening

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