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Tuesday, May 12, 2026

Food prices in Nigeria may drop by next harvest: AFAN

The All Farmers Association of Nigeria says food prices may decline by the next harvest season if governments improve security and reduce production costs.

• May 12, 2026
Foodstuff
Foodstuffs [Credit: Premium Times Nigeria]

The All Farmers Association of Nigeria says food prices may decline by the next harvest season if governments improve security and reduce production costs.

Shakin Agbayewa, the deputy chairman of AFAN, Lagos State chapter, said this on Tuesday in Lagos.

Mr Agbayewa said staple foods such as rice, yams, cassava and garri would become more affordable if farmers could cultivate safely and access farm inputs at lower costs.

According to him, insecurity, high fertiliser prices, rising fuel costs and expensive farm operations are the major drivers of current food inflation.

“The government must be intentional and deliberate. Input costs are high. Fertiliser is expensive, while tractor operations cost more because of rising fuel prices. All these affect production,” he said.

Mr Agbayewa said the high costs of cultivation, transportation, and security were ultimately passed on to consumers.

He urged governments at all levels to support farmers with subsidised inputs, improved rural roads, irrigation facilities and affordable credit.

He also called for stronger collaboration with farmers’ associations to identify practical solutions tailored to each state’s needs.

According to him, increased agricultural production in the coming farming season will naturally ease pressure on market prices.

Mr Agbayewa said Nigeria has sufficient land and manpower to feed itself if the right policies are implemented.

He added that supporting farmers remains the most sustainable path to lower food prices and economic stability.

(NAN)

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