Abubakar Kyari Reports 50% Drop in Food Prices Nationwide

Abubakar Kyari, the Minister of Agriculture and Food Security, announced a significant reduction in the prices of essential food commodities by up to 50% compared to pre-2023 levels. This announcement was made during the opening address at the Community of Practice Meeting of Commissioners for Agriculture, Health, Environment, and Rural Development in Maiduguri.

The summit, organized by the Federal Ministry of Agriculture and Food Security in collaboration with the Borno State Government and supported by the German government, focused on strengthening partnerships for food security in Nigeria. Kyari highlighted the administration of President Bola Ahmed Tinubu's commitment to food security, urging critics to consider empirical evidence rather than politicizing the cost of living.

He also mentioned the evaluation of the Kampala Comprehensive Africa Agriculture Development Programme (CAADP) Declaration and its Strategy and Action Plan for 2026–2035, which prioritizes sustainable agrifood systems, investment, and climate resilience. Nigeria has developed a 10-Year National Agrifood System Strategy and Action Plan to align with these commitments.