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Farmers Lament Drop In Food Prices Amid FG’s Moves To Reduce Inflation - Agriculture - Nairaland

Nairaland ForumNairaland GeneralAgricultureFarmers Lament Drop In Food Prices Amid FG’s Moves To Reduce Inflation (16191 Views)

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Farmers Lament Drop In Food Prices Amid FG’s Moves To Reduce Inflation by TimeManager(op): 2:37pm On Feb 24, 2025
market in Dukku LGA of Gombe State, attributed the fall in the price of food items to gradual return of farming activities in areas affected by insurgency, leading to increase in the food production volume in the country.

“Just three weeks ago, a 100kg bag of cowpea was sold at N100,00 – N102,000, but now it goes for N85,000 – 95,000. Maize was sold this week at between N47,000 and N48,000 as against N52,000 – N55,000 some weeks ago.

“This decline in the prices, as I understand, may not be unconnected to the fact that some farmers are gradually returning to their farms in places like Zamfara and Sokoto, where farmlands were inaccessible due to insurgency.”

‘It’s discouraging,’ farmers lament

Meanwhile, some farmers have raised concerns that this trend could lead to losses and even discourage people from farming.

Speaking to our reporter, Shittu Alhassan Shu’aibu, a farmer in Ningi LGA of Bauchi State, urged government to come to the rescue of farmers by subsidising major farm inputs such as fertilizers and chemicals, warning that farmers might be forced out of production if prices of produce continue to decline while price of farm inputs remain high.

“Honestly, the downward trend in the food prices is discouraging, particularly for farmers who had purchased farm inputs at higher costs. It is even more daunting for irrigation farmers, considering the additional cost they incur in buying fuel, pumping devices and other inputs. This, as I see it, will discourage starters, who perhaps were forced to start farming because of the harsh economic situation in the country.

“If the government wants to introduce a policy that will crash price of food items, it is better to start by subsidising farm inputs so as to at least reduce the production costs incurred by the farmers. As it is now, the price of farm inputs hasn’t reduced but that of the produce has drastically dropped. How much did farmers buy a bag of fertilizer last production season? So, I think a lot needs to be done before adopting certain policies like importation of food items. Importation can be justified when there is scarcity, but right now I think we have enough.”

But Salahuddeen Abubakar, a farmer in Jigawa, held a contrary view, insisting that it was premature to assume that prices would not shoot up again.

“I think it is too early to conclude that the prices will not surge again. It is not yet June, July or August, which is the peak period when prices of food items typically skyrocket due to limited supply.

“Even farmers who sold their produce immediately after harvest when the price was lower than it is now could have made some profits. Those who will be negatively affected, I think, are hoarders and people who want to make excessive profits.

“The major concern is that the price of farm inputs is decreasing but only slightly, and this may discourage farmers if the trend persists.” he added.

Importation of grains ill-timed –AFAN

The All Farmers Association of Nigeria (AFAN) has said the recent importation of grains into the country is ill-timed, noting that it will negatively impact local farmers who have already produced grains.

Speaking in an interview with BBC Hausa service, the National Publicity Secretary of AFAN, Mohammed Magaji, said the ideal time to import grains into the country should be when farmers had exhausted their supplies.

“The ideal time to import grains should be when farmers have sold out their stock and the price is high, especially around July, August and September, during which even the farmer himself is looking for grains to buy at cheaper prices,” he said.

Mohammed also lamented that despite significant drop in food prices, the cost of essential farm inputs like fertilizers, seeds and chemicals continues to rise, warning that this will discourage farmers.
https://www.dailytrust.com.ng/farmers-lament-drop-in-food-prices-amid-fgs-move-to-reduce-inflation

Re: Farmers Lament Drop In Food Prices Amid FG’s Moves To Reduce Inflation by TimeManager(op): 2:45pm On Feb 24, 2025
Nigerians matter is complicated, greed has eaten deep into the fabric of an average Nigerian. Food Prices are high, farmers smile, consumers groan. Food Prices comes down, consumers smile, farmers groan. So, all these while, farmers dey happy while people dey attack Government. But come to think of it, since Buhari closed the borders to help local farmers, it has gone from bad to worse. A lot of price manipulations have been going on, while they smile to the bank.
Tinubu will bring it down and any farmer or trader that wants to lament will lament tire.


-Kiss the truth!
Re: Farmers Lament Drop In Food Prices Amid FG’s Moves To Reduce Inflation by Namaster: 2:50pm On Feb 24, 2025
The NUMBER 1 enemy of Nigerians are NIGERIANS!

Imagine the degree of WICKEDNESS that'd drive a person to COMPLAIN about reduction in the price of something as ESSENTIAL as food.

Farmers who were previously CHASED out of their farmlands and DEPRIVED of their livelihoods are tentatively returning to their farms and Shittu Alhassan Shu’aibu is WAILING about his bottom line.

EVIL people like him will collaborate with terrorists and bandits to create HELL for other farmers because of GREED.

Shittu Alhassan Shu’aibu is happy to STARVE the population as long as he makes MONEY.

WICKEDNESS!
Re: Farmers Lament Drop In Food Prices Amid FG’s Moves To Reduce Inflation by lionshare: 2:54pm On Feb 24, 2025
Yet, when prices start soaring again, those same farmers will complain about inflation!
Re: Farmers Lament Drop In Food Prices Amid FG’s Moves To Reduce Inflation by EmperorCaesar(m): 3:09pm On Feb 24, 2025
I dont take Nigerians complain that seriously

Most of them are the chief enemies of themselves


God Bless Nigeria. We voted in the best among all the candidates that contested
Re: Farmers Lament Drop In Food Prices Amid FG’s Moves To Reduce Inflation by CodeTemplar:
Importation of grains ill-timed –AFAN

The All Farmers Association of Nigeria (AFAN) has said the recent importation of grains into the country is ill-timed, noting that it will negatively impact local farmers who have already produced grains.

Speaking in an interview with BBC Hausa service, the National Publicity Secretary of AFAN, Mohammed Magaji, said the ideal time to import grains into the country should be when farmers had exhausted their supplies.

“The ideal time to import grains should be when farmers have sold out their stock and the price is high, especially around July, August and September, during which even the farmer himself is looking for grains to buy at cheaper prices,” he said.

Mohammed also lamented that despite significant drop in food prices, the cost of essential farm inputs like fertilizers, seeds and chemicals continues to rise, warning that this will discourage farmers.
They should export theirs. If imported food can be bought, transported, and cleared to come into the the country, while still competing with local alternatives, it means the local ones are expensive and above intl average prices. Nice one from broda Yekini.
Re: Farmers Lament Drop In Food Prices Amid FG’s Moves To Reduce Inflation by CodeTemplar: 3:36pm On Feb 24, 2025
EmperorCaesar:
I dont take Nigerians complain that seriously

Most of them are the chief enemies of themselves


God Bless Nigeria. We voted in the best among all the candidates that contested
The best you say. Why is he so concerned about the guy that came third more than the one that was second?
Re: Farmers Lament Drop In Food Prices Amid FG’s Moves To Reduce Inflation by EmperorCaesar(m): 3:46pm On Feb 24, 2025
CodeTemplar:
The best you say. Why is he so concerned about the guy that came third more than the one that was second?
PBAT has never said anything Obi since after the election

FG rarely replied him sef


Obi is a twitter commentator and shouldnt be included in debates concerning world leaders. Its a sin, bro.
Stop it
Re: Farmers Lament Drop In Food Prices Amid FG’s Moves To Reduce Inflation by ThierryJay:
I've always known that this food price hyper-inflation was very artificial which explains these farmers current lamentations.

Why should raw food prices with little or no imported inputs have the same inflation rate as other products that are the true big victims of exchange rate decline? This is an indicator of pricing manipulations which is why farmers have been making supernormal profits in the past one year and half.

The impact of insecurity and transport costs are there but overestimated as excuses. Insecurity has been around for a while even when a bag of rice was 30k.

Logistics is high but the average impact is reduced when the cost is spread over several units of farm products being transported. But farmers will still sell a unit at 4 or 5 times the previous price as if the entire 400% petrol increase was used to move a single unit.

They've had their time. May the majority be better off for it.
Re: Farmers Lament Drop In Food Prices Amid FG’s Moves To Reduce Inflation by INTEGRITYA1(m): 5:47pm On Feb 24, 2025
They are not serious, when we are hoping for food items to reduce drastically for the benefit of all and sundry. They should not worry Economic of scale will benefit the farmers.

Let the price come down biko.
Re: Farmers Lament Drop In Food Prices Amid FG’s Moves To Reduce Inflation by femi4: 5:47pm On Feb 24, 2025
Re: Farmers Lament Drop In Food Prices Amid FG’s Moves To Reduce Inflation by Almunjid:
The day members of the Association of Phone Charging Businesses stormed NEPA's office to protest against the improved power supply in my town, claiming it was harming their businesses, na that day Nigerians matter tire me. We Nigerians often create our own problems and tend to exploit each other, yet we consistently shift the blame onto our leaders. This incident showcased how we sometimes choose to prioritize short-term personal gains over long-term national progress.

Peace!
Re: Farmers Lament Drop In Food Prices Amid FG’s Moves To Reduce Inflation by osuofia2(m): 5:48pm On Feb 24, 2025
If you sight obidients aka IPOBSS comment please raise your hand.
Let's wait, they no like good news
Re: Farmers Lament Drop In Food Prices Amid FG’s Moves To Reduce Inflation by LegendHero(m): 5:48pm On Feb 24, 2025
They should round the useless farmers up and ask them to pay back all the subsidy FG don dey ruin on them.

For years, we give them fertilizers, subsidize, and etc and yet we never see any drop in price. Na so so increase everytime.
Re: Farmers Lament Drop In Food Prices Amid FG’s Moves To Reduce Inflation by Softmirror:
🤪 Na so!
Re: Farmers Lament Drop In Food Prices Amid FG’s Moves To Reduce Inflation by Pootle: 5:49pm On Feb 24, 2025
Namaster:
The NUMBER 1 enemy of Nigerians are NIGERIANS!

Imagine the degree of WICKEDNESS that'd drive a person to COMPLAIN about reduction in the price of something as ESSENTIAL as food.

Farmers who were previously CHASED out of their farmlands and DEPRIVED of their livelihoods are tentatively returning to their farms and Shittu Alhassan Shu’aibu is WAILING about his bottom line.

EVIL people like him will collaborate with terrorists and bandits to create HELL for other farmers because of GREED.

Shittu Alhassan Shu’aibu is happy to STARVE the population as long as he makes MONEY.

WICKEDNESS!
nigerians are one of the most self centered ppl in the world
Re: Farmers Lament Drop In Food Prices Amid FG’s Moves To Reduce Inflation by Gotocourt: 5:50pm On Feb 24, 2025
Verywickedman & onionbandit shocked

Everybody must collect tongue

People farmed last year sha
Re: Farmers Lament Drop In Food Prices Amid FG’s Moves To Reduce Inflation by Goodvibes007: 5:50pm On Feb 24, 2025
Should they not be happy grin
Re: Farmers Lament Drop In Food Prices Amid FG’s Moves To Reduce Inflation by PDPdestroyer(m): 5:50pm On Feb 24, 2025
TimeManager:
Nigerians matter is complicated, greed has eaten deep into the fabric of an average Nigerian. Food Prices are high, farmers smile, consumers groan. Food Prices comes down, consumers smile, farmers groan. So, all these while, farmers dey happy while people dey attack Government. But come to think of it, since Buhari closed the borders to help local farmers, it has gone from bad to worse. A lot of price manipulations have been going on, while they smile to the bank.
Tinubu will bring it down and any farmer or trader that wants to lament will lament tire.


-Kiss the truth!
I don't know why Tinubu refused to reopen the borders, that move has proved counterproductive, so why not reverse it
Re: Farmers Lament Drop In Food Prices Amid FG’s Moves To Reduce Inflation by YorubaKinging: 5:51pm On Feb 24, 2025
The end is near.
Re: Farmers Lament Drop In Food Prices Amid FG’s Moves To Reduce Inflation by ItisWell22(f): 5:51pm On Feb 24, 2025
Phewwww
Re: Farmers Lament Drop In Food Prices Amid FG’s Moves To Reduce Inflation by Basicend: 5:51pm On Feb 24, 2025
TimeManager:
Nigerians matter is complicated, greed has eaten deep into the fabric of an average Nigerian. Food Prices are high, farmers smile, consumers groan. Food Prices comes down, consumers smile, farmers groan. So, all these while, farmers dey happy while people dey attack Government. But come to think of it, since Buhari closed the borders to help local farmers, it has gone from bad to worse. A lot of price manipulations have been going on, while they smile to the bank.
Tinubu will bring it down and any farmer or trader that wants to lament will lament tire.


-Kiss the truth!
It's a normal phenomenon na.

No wahala for streets, Lawyers no go chop.

No sicknesses and infections, doctors start lamenting.

No car accidents and faults, mechanics and auto engineers begin to lament too.

So, everyone thrives at the expense of others. grin cheesy
Re: Farmers Lament Drop In Food Prices Amid FG’s Moves To Reduce Inflation by Lovit(m): 5:52pm On Feb 24, 2025
APC image launderers at work

No farmer said so
Re: Farmers Lament Drop In Food Prices Amid FG’s Moves To Reduce Inflation by Amalekki: 5:53pm On Feb 24, 2025
The guy that came third is a content creator and no serious government intrudes into the space of content creators. The winner is too busy for that.


CodeTemplar:
The best you say. Why is he so concerned about the guy that came third more than the one that was second?
Re: Farmers Lament Drop In Food Prices Amid FG’s Moves To Reduce Inflation by zero8zero(m): 5:53pm On Feb 24, 2025
The price inflation is deliberate, traders increasing prices indiscriminately.
Re: Farmers Lament Drop In Food Prices Amid FG’s Moves To Reduce Inflation by inoki247: 5:54pm On Feb 24, 2025
The way all this Farmer around me dey lament I don't even understand again....
Re: Farmers Lament Drop In Food Prices Amid FG’s Moves To Reduce Inflation by Kam2021: 5:55pm On Feb 24, 2025
Wicked farmers and people have been shouting Tinubu not knowing it's our fellow country men that have been deliberately hiking prices of foods to make more money.
They don't deserve any subsidy because it's not benefitting the masses. FG should allow imports for as long as to reset their brains make those food they keep hoarding spoil for their hand.
Re: Farmers Lament Drop In Food Prices Amid FG’s Moves To Reduce Inflation by NairalandVDM(m): 5:56pm On Feb 24, 2025
Pls where did the food prices reduce na?

A cup of garri is still #150
A cup of Beans is still #300. I can't even afford a Mudu of beans, I just buy in cups and eat for that moment then go again next day. I can't buy in bulk
Re: Farmers Lament Drop In Food Prices Amid FG’s Moves To Reduce Inflation by Ebinpawo1: 5:56pm On Feb 24, 2025
Wickedness everywhere!
Re: Farmers Lament Drop In Food Prices Amid FG’s Moves To Reduce Inflation by phytomanherbs(m): 5:57pm On Feb 24, 2025
Can you imagine
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