Nigerian Government Implements Strategic Interventions to Lower Food Prices and Boost Agriculture Sector

The Nigerian Ministry of Agriculture, led by Abubakar Kyari, announced at the 47th National Council on Agriculture and Food Security meeting in Kaduna the government's efforts to boost food production and lower prices through market interventions and input reforms. Initiatives include a recapitalization of the Bank of Agriculture, partnership with Heifer Nigeria for agricultural mechanization programs, and the implementation of the National Agricultural Growth Scheme.

Additionally, plans to expand wheat production in 15 states by 2023 and 2024 were revealed, with a focus on rain-fed varieties to achieve self-sufficiency.