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 called on the Federal Government to establish dedicated loan facilities for butchers nationwide to bypass predatory middlemen and crash rising meat prices.

Speaking on the operational challenges plaguing livestock markets, MAFYDA National Security Adviser, Comrade Pariya, stated that a stark disparity has emerged between farm-gate livestock prices and retail meat markets. While a large cow trades between N500,000 and N750,000 directly from Fulani pastoralists, wholesale dealers routinely resell the same animals to capital-constrained butchers for N1.3 million to N1.5 million.

The association argues that because the majority of local butchers lack upfront liquidity, they are forced to buy livestock on credit from middlemen at highly inflated rates, passing the financial burden directly onto retail consumers. Industry representatives emphasized that direct capital intervention from the Bank of Agriculture (BOA) would empower butchers to source directly from herders, driving down the consumer cost of beef, offal, and hides nationwide.