The South-West Governors Forum on Thursday said it had become important to checkmate the activities of middlemen that inflated the prices of foodstuffs in the region.
Browsing: Food inflation
Some agriculture experts have expressed optimism of a drop in food inflation in 2025 with the effective implementation of the Federal Government food security policies.
Some agriculture experts have called for a review of the Federal Government’s agriculture policies to address the country’s rising food inflation.
Stakeholders in the agricultural sector have advocated comprehensive subsidies on fertilisers and inputs to encourage productivity and cut the rising cost of staple food.
Some experts have called for the full implementation of zero duty on imported food products and local production of refined petroleum products to check Nigeria’s inflation rate.
Agriculture experts have provided reasons why the Federal Government’s food palliatives are ineffective in addressing Nigeria’s growing food prices.
The Minister of Agriculture and Food Security, Sen. Abubakar Kyari, says the ministry has procured and distributed 58,500 metric tonnes of milled rice to dampen escalating food prices in the country.
The National Bureau of Statistics (NBS), says Nigeria’s headline inflation rate increased to 33.69 percent in April 2024. The NBS…
The Minister of Agriculture and Food Security, Sen. Abubakar Kyari, says plans are underway to reduce food inflation in the country.
Some agriculture experts have proffered workable solutions to tackle rising food inflation in the country.