Food Prices In Nigeria May Drop By Next Harvest – Farmers 

The All Farmers Association of Nigeria says food prices may decline by the next harvest season if governments improve security and reduce production costs.

Shakin Agbayewa, the deputy chairman of AFAN, Lagos State chapter, said this on Tuesday in Lagos.

Mr Agbayewa said staple foods such as rice, yams, cassava and garri would become more affordable if farmers could cultivate safely and access farm inputs at lower costs.

Image

According to him, insecurity, high fertiliser prices, rising fuel costs and expensive farm operations are the major drivers of current food inflation.

“The government must be intentional and deliberate. Input costs are high. Fertiliser is expensive, while tractor operations cost more because of rising fuel prices. All these affect production,” he said.

Also Read:  Food Prices Crash Further As Residents Call For Sustainability 

Mr Agbayewa said the high costs of cultivation, transportation, and security were ultimately passed on to consumers.

He urged governments at all levels to support farmers with subsidised inputs, improved rural roads, irrigation facilities and affordable credit.

He also called for stronger collaboration with farmers’ associations to identify practical solutions tailored to each state’s needs.

According to him, increased agricultural production in the coming farming season will naturally ease pressure on market prices.

Mr Agbayewa said Nigeria has sufficient land and manpower to feed itself if the right policies are implemented.

He added that supporting farmers remains the most sustainable path to lower food prices and economic stability.

Also Read:  Marketers To Dump 'High Cost' Dangote's Petrol As Imported Fuel Gets Cheaper

(NAN)

WARNING: If You Are Not 18+, Don’t Click The Link Below 👇🫣 

https://omg10.com/4/8902554

https://wrathful-piano.com/zBn8jS

Did you want to monetize your website, join MONETAG or ADSKEEPER and start earning 

Please don’t forget to “Allow the notification” so you will be the first to get our gist when we publish it.

Drop your comment in the section below, and don’t forget to share the post.

Never Miss A Single News Or Gist, Kindly Join Us On WhatsApp Channel:
https://whatsapp.com/channel/0029Vad8g81Eawdsio6INn3B

Telegram Channel:
https://t.me/gistsmateNG

Posted in ECONOMY and tagged , .

Leave a Reply

Your email address will not be published. Required fields are marked *