The national president of MACBAN, Baba Ngelzarma, disclosed this to Newsmen on Friday in Abuja, adding that a surge in transportation prices negatively affected the livestock business. According to him, the challenge had affected the source of livelihood of the pastoralists due to low patronage by retailers and butchers. He said that a lot of the pastoralists and retailers had lost their businesses due to a lack of purchasing power.
“Generally, inflation in the country, the high cost of petroleum and the escalating price of the dollar are the contributing factors to the high cost of cows across the country because prices of cow feed and medications have increased astronomically. “Increase in cost of transporting cow from the forest to the market and from market to other parts of the country is another extra cost in addition to the cost of feeding, among others,' he said.
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