Skip to content
General News

Kyari Advocates for Agricultural Alignment to Stabilize Prices

Federal Ministry of Information·
Kyari Advocates for Agricultural Alignment to Stabilize Prices

On November 5, 2026, at the 48th Council Meeting of the National Council on Agriculture and Food Security (NCAFS) held at Hotel Presidential in Enugu, Enugu State, Minister of Agriculture and Food Security, Senator Abubakar Kyari, urged states to align agricultural production with consumption. This alignment aims to protect farmers from losses and stabilize food prices for Nigerian households.

Kyari noted that the past three years revealed significant imbalances in agricultural markets, with food inflation peaking at 40.87 percent in June 2024, easing to 8.89 percent by January 2026, and rising again to 19.59 percent by September 2026. He attributed these fluctuations to conflicts in the Middle East affecting energy and fertilizer markets.

President Bola Ahmed Tinubu has initiated several measures, including the National Agricultural Development Fund and the ₦200 billion Guaranteed Minimum Price Programme, to enhance food security. The Farm Input Support Programme has benefited over 115,000 individuals, and the Bank of Agriculture has financed over 500,000 smallholder farmers.

Plus234Feed summary based on reporting from Federal Ministry of Information.

Read the original

Continue on Federal Ministry of Information

Read on Federal Ministry of Information
Share

Get the week in one email

Top stories, NPFL results, the naira, every Friday morning. Free, one email a week.

Free · one email a week · unsubscribe in one click