Skip to content
August 7, 2026
  • Home
  • About us
  • Contact us
  • Newsletter
  • Privacy Policy
Political Economist

Political Economist

A liberal News reporting Politics, Sports, Business, Commentaries

  • Home
  • National News
    • Metro News
      • metro
    • Society
    • Crime and Justice
  • Special Reports
    • Investigation
    • Features
    • Interviews
  • Opinion
    • Commentaries
    • Perspectives
  • Press Releases
  • International News
  • Business & Economy
  • Politics
Watch Online
  • Home
  • National News
  • Insecurity, High Costs Driving Food Inflation, AFAN Predicts Price Drop with Govt. Intervention
  • National News

Insecurity, High Costs Driving Food Inflation, AFAN Predicts Price Drop with Govt. Intervention

Admin May 12, 2026
AK-47

AK-47The All Farmers Association of Nigeria (AFAN) says food prices may decline by the next harvest season if governments improve security and reduce production costs for farmers.

The Deputy Chairman of AFAN, Lagos State Chapter, Mr. Shakin Agbayewa, said this in an interview with the News Agency of Nigeria (NAN) on Tuesday in Lagos.

Agbayewa said staple foods such as rice, yam, 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.

Agbayewa said the high cost of cultivation, transportation and security was 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 the needs of each state.

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

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)

  • Facebook
  • Share on X
  • LinkedIn
  • WhatsApp
  • Email
  • Copy Link
Tags: AFAN Mr. Shakin Agbayewa

Post navigation

Previous RDI urges Nigeria to back alcohol warning labels at Codex
Next Peter Obi hails nurses and midwives on World Nurses Day

Related Stories

7 abducted Poly students rescued in Ogun outbreak
  • National News

7 abducted Poly students rescued in Ogun

August 6, 2026
ActionAid urges probe of alleged exploitation of Nigerians in Russia ActionAid
  • National News

ActionAid urges probe of alleged exploitation of Nigerians in Russia

August 6, 2026
PFIPC probe: ICPC submits interim report, recommends Adeyemi’s prosecution ICPC
  • National News

PFIPC probe: ICPC submits interim report, recommends Adeyemi’s prosecution

August 6, 2026
logo

Political Economist is a liberal news magazine with global affiliations.

At Political Economist, we promote free enterprise and act as a catalyst for the growth of knowledge economy. We are proudly pan-Nigeria yet richly spiced with African and global news. We offer a fair and balanced news reportage presented by our team of well-heeled professional journalists. <

About us

  • 5 Olutosin Ajayi Street, By CPM Church, Ajao Estate, Lagos State, Nigeria
  • +234 805 680 1124
  • info@politicaleconomistng.com

Follow

Subscribe to notifications

You may have missed

7 abducted Poly students rescued in Ogun outbreak
  • National News

7 abducted Poly students rescued in Ogun

August 6, 2026
ActionAid urges probe of alleged exploitation of Nigerians in Russia ActionAid
  • National News

ActionAid urges probe of alleged exploitation of Nigerians in Russia

August 6, 2026
PFIPC probe: ICPC submits interim report, recommends Adeyemi’s prosecution ICPC
  • National News

PFIPC probe: ICPC submits interim report, recommends Adeyemi’s prosecution

August 6, 2026
African free trade agency taps Nigerian firm for $3.1 billion customs overhaul project AfCFTA
  • National News

African free trade agency taps Nigerian firm for $3.1 billion customs overhaul project

August 6, 2026
  • Home
  • About us
  • Contact us
  • Newsletter
  • Privacy Policy
Copyright © All rights reserved. | DarkNews by AF themes.