Popular Nollywood actress and mother of four, Mercy Johnson, has questioned the reasons behind the sudden rise in egg prices.
It is no secret that Nigeria is currently struggling with inflation, which is causing the prices of basic necessities to rise significantly.
With that in mind, Mercy Johnson revealed in a video she shared on her official Instagram page that she was craving tea and decided to buy some bread and eggs to complement it.
However, she was concerned about the significant increase in the prices of both items, which was due to the exchange rate.
The Nollywood actress then wondered if the eggs were imported or if the chickens that laid them came from abroad.
In her opinion, the price increase is absurd because there is no direct connection between eggs and the value of the dollar.
The video in which she expressed these concerns sparked mixed reactions on social media with many internet users explaining the reasons for the increase, many cited the rising cost of chicken feed and other products used in poultry farming.
Read some comments below,
@tohsyn_gurl wrote: “What about the cost of buying feeds, electricity, etc to breed them.. what about the owners’ cost of living..those are the factors”
@taurusessentials wrote: “Cost of chicken feed has gone up, unfortunately for this Nigeria, they import almost all raw materials to product anything
@myprfave wrote: “Lol, I dey always ask myself too, but then when you think of how inflation might have affected the cost of chicken feeds, inflation in Veterinary costs because of the drugs which are most likely imported, and the care that goes into keeping one chicken alive and fertile, you will understand why they cost of eggs has increased.
@the_Fitness_farmer wrote: “As a poultry farmer all I can say is it is well .. it is very expensive to run a farm now. The cost of feed now is 10,000 plus per bag. To run a farm now is not affordable…..”
Watch the video she shared below,