Posts Tagged: #SupportLocalFarmers
Soaring maize, soybean prices squeeze local poultry industry
The Nigerian poultry industry is suffering due to record prices of maize and soybeans, essential inputs for poultry feeds, causing massive job losses and declining industry value. Maize prices have risen 89.6% and soybean prices
Cost-of-living crisis: Tinubu approves massive, duty-free importation of rice, wheat, beans, others
Nigerian agriculture is under siege from insecurity, forcing farmers like Jamiu Ibrahim to hire expensive armed guards. This security expense is passed on to consumers, contributing to soaring food prices. Farmers are abandoning fields due
Food duty suspension threatens private investments – Stakeholders
Experts have criticized the Nigerian government’s decision to allow duty-free food imports for 150 days, arguing it could harm local agricultural investments. Despite intentions to combat food inflation, figures like Akinwumi Adesina of the African
Nigeria’s food crisis and the looming human catastrophe
Nigeria faces a severe food price crisis, with costs for staples like carrots and garri skyrocketing, leading to widespread hardship and anxiety. Inflation is forcing families to make difficult choices, threatening food security and nutrition.
Tinubu urged to reverse policy on food importation
Jet FarmsNG urged President Tinubu to reverse the policy suspending duties, tariffs, and taxes on essential food imports, arguing it harms local farmers who face high input costs. CEO Jerry Tobi criticized the uncalculated approach
FG opts for duty-free imports of rice, wheat, beans, others
The Federal Government of Nigeria plans to suspend duties, tariffs, and taxes on essential food items imported through land and sea borders to reduce food costs and alleviate inflation. This 150-day duty-free import window includes
