VIDEO: Crashing Food Prices Will Make Our Farmers Poorer – Peter Obi

Nigerian politician Peter Obi has spoken about the long-term effect of falling food prices on Nigerians, warning that it could impoverish farmers.

While speaking at an event the former Labour Party presidential candidate claimed that the increase in importation of cheap food items slowly undermines local production.

“Somebody called me today when I walked in here and told me that the food prices have gone down. We’ve killed our farmers by importing cheap goods from outside Nigeria and throwing our farmers into poverty by worsening the hungry situation in the country,” he stated.

Obi added that although Nigerians may celebrate lower market prices, it could affect farmers in the long run.

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“Crashing food prices will make our farmers poor. We must ensure high food prices to save the farmers,” he added.

See the video below:
https://x.com/i/status/2028125674007830915

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