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The rising cost of cattle across Nigeria is forcing many households to drastically reduce or completely eliminate meat from their daily meals, as worsening inflation and insecurity continue to push food prices higher nationwide. Traders and consumers say the price of cows has surged sharply in recent months, making beef increasingly unaffordable for average families. (punchng.com)
According to market surveys conducted in several states, the cost of a mature cow has climbed from about ₦500,000–₦700,000 in previous years to between ₦1.2 million and ₦2 million depending on size and location. Butchers and meat sellers blamed the increase on persistent insecurity, cattle rustling, transportation costs, inflation, and the shrinking availability of grazing areas. They also pointed to the depreciation of the naira and rising feed costs as major factors affecting livestock production and distribution. (punchng.com)
In many markets, the price of beef has reportedly risen to between
