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    Home » FG policies impeded growth of poultry business in 2023 – Ezeobiora
    Enugu

    FG policies impeded growth of poultry business in 2023 – Ezeobiora

    EditorBy EditorDecember 20, 2023No Comments3 Mins Read
    Ichie Sunday Ezeobiora, Chairman, SUNCHI Integrated Farms LTD, Enugu

    Ben Ezechime, Enugu

    The Chairman of SUNCHI Integrated Farms LTD, Enugu, Mr Sunday Ezeobiora  has said that some government policies and programmes negatively impacted the growth of Poultry business in 2023.

    Ezeobiora, who is the current National President of Poultry Association of Nigeria (PAN), said this on Wednesday at the 10th Anniversary celebration of SUNCHI Integrated Farms Ltd in Enugu, Enugu State.

    According to him, the year 2023 has been difficult for poultry farmers in Nigeria including his SUNCHI farms.

    He said: “In all the years we have been in operation,  2023 has been hugely remarkable as it is the year three major government policies had significant impact on our operations.

    “The Naira redesign policy, fuel subsidy removal, and devaluation of the currency affected our business just like every business in Nigeria.”

    He said that, having navigated through the harsh business environment in the past ten years of its operations, the management thought it wise to gather stakeholders together to say thank you

    He disclosed that SUNCHI started construction in 2009 and commenced operations in 2013 as a breeder farm, hatchery and small scale feed mill, producing feed for the farms internal consumption.

    “We started with a 20-ton per day capacity for the feed mill and 200,000 birds per month in 2013,” he said.

    Ezeobiora, who is also the chairman of Manufacturers Association of Nigeria for Anambra, Enugu and Ebonyi states, added that between 2014 and 2015, the company increased its hatchery capacity to 480,000 birds per month.

    According to him, in 2022, the company installed 10 tons per hour automated feed mill for mash and 5 tons per hour pelleted feed.

    “Our oil refinery was also established in 2016 with a capacity to refine 4 tons per day.

    “With our increased feed production, we are also increasing our oil refinery to match the volume of soya beans we crush for a feed,” he said.

    According to him, the oil refinery was added to further add value to the by-product of soybean which was used for feed production.

    “We have further gone into frozen chicken as an extension of our value chain,” Ezeobiora said.    

    In several goodwill messages, Mr Kanayo Nwankwo, a member of PAN described Ezeobiora as a humble and trusted businessman.

    “I have never met a man, very humble, simple and honest like Sunny,” he said.

    Also, the National Vice chairman PAN (South-East), Olisa Onu, said it was difficult to undertake poultry business in Nigeria, especially in the South-East today due to several factors including insecurity.

    “So, I commend SUNCHI for his doggedness and for weathering the storm all these years,” he said.

    One of the highlights of the ceremony was long service awards to some pioneer and hard-working workers of the company.

    Editor
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