Food Prices May Decrease Next Harvest Season in Nigeria

Mr. Shakin Agbayewa, the Deputy Chairman of the All Farmers Association of Nigeria (AFAN) Lagos State chapter, announced on Tuesday, May 12, that food prices, particularly staples like rice, yam, cassava, and garri, may drop in the upcoming harvest season.

This potential decrease is attributed to improved security, which allows farmers to cultivate safely and access inputs at lower prices. Agbayewa noted that the current high costs of fertilizers and fuel, along with insecurity, have significantly contributed to food inflation across Nigeria.

He emphasized that the high costs of cultivation and transportation are eventually passed on to consumers. Agbayewa urged both federal and state governments to support farmers through subsidies for inputs, better rural road infrastructure, irrigation facilities, and access to affordable credit.

He called for stronger collaboration with farmer associations to develop practical solutions tailored to the specific needs of the state, which could lead to increased agricultural production and a natural reduction in food price pressures.