Miyetti-Allah Urges Federal Government to Extend Credit Lines to Butchers to Lower Beef Prices
The Miyetti-Allah Fulaku Yeso Yeso Development Association (MAFYDA) has urged the Federal Government to establish dedicated Bank of Agriculture (BOA) loan facilities for butchers to help crash rising meat prices. MAFYDA revealed a stark market disparity where middlemen buy cows from pastoralists for ₦500,000 to ₦750,000 and resell them to capital-constrained butchers on credit for up to ₦1.5 million. The association stated that direct capital intervention would empower butchers to bypass these p