Food prices will crash soon, FG declares

The Federal Government officially unveiled that high food prices currently burdening the nation would soon crash based on its commitment to ensure food security through the use of new farming techniques in Nigeria.

It’s was announced in Abuja at the 48th Annual Conference of the Soil Science Society of Nigeria, Dr Aliyu Abdullahi, while speaking at the conference said the government is fully aware of the current food crisis in Nigeria.

But we are putting all efforts in place to ensure the availability of food across the country,” the minister stated.

Abdullahi said that the government was exploring various indices to ensure food security, working to ramp up food production by returning Nigeria to a sustainable food production system where the country would be engaged in all-year-round farming.

We are fully aware of the current food challenge in Nigeria. We are fully aware that the problem is what we met on the ground. If it’s available, it’s available. If it’s not available, it’s not available. But we also know that even if it is available, it has to be affordable.

“We are also already planning for the next dry season. Having learned our lesson in the last one, we want to make a huge success of the next dry season farming. So for those of you who are close to where you have easy water, please take advantage of the dry-season farming.

We in the Ministry of Agricultural Food Security are doing all we can, all that is necessary, all that is sufficient to reverse the current trend, ramp up our production, guarantee that with massive production, affordability can be guaranteed.

Just recently, I’m sure many of you must have seen that report. Irish potato which used to cost about N180,000, has crashed down to about N45,000 because it is now available as a result of the current wet season production in the Plateau. That is the story we expect to see over the next couple of years,” the minister stated.

Also, Abdullahi stated that the government was also working to provide support to farmers by adding value to their production to significantly reduce food service losses while ensuring that food remained available.

He said the lean period, when food is less available, represents a challenging period for the country.

Meanwhile, the minister said the ministry is keen on promoting the Nigerian farmer’s soil healthcare scheme as a key priority and significant intervention for sustainable agriculture; hence the scheme will be established in all the 774 Local Government Areas in Nigeria.

It is important to know that the soil healthcare scheme will achieve improved soil health and fertility, increase agricultural productivity and resilience, enhance food security and nutrition, reduce greenhouse gas emissions and carbon sequestration, improve livelihoods and income for small-scale farmers, and better adaptation and mitigation strategies for climate change.

“The national farmer’s soil healthcare scheme is aimed at promoting sustainable soil management and judicious use of fertilizers at the location and crop specific. As part of the soil healthcare scheme, there will be soil testing laboratories planned for all the Local Governments and states,” he stated.

The minister noted that strong collaboration and synergy were therefore required to support the success of this initiative while ensuring the power to create a resilient food system that benefits everyone.

Prof.Jibrin Jibrin, the President of the Soil Science Society of Nigeria, said the theme of the conference, ‘Soil Health and Climate-Smart Agriculture for Resilient Food Security System’, is apt considering the reality of climate change.

He, however, noted that due to the population explosion, the soil is currently being degraded.

Jibrin stated that to reverse the trend, the soil must be preserved to boost crop yield in the country.

The soil is a living thing. If you allow it to get destroyed, then you are destroying your nation. So the government, especially the present government, has understood the importance of soil. That is why it has launched several initiatives and is now working with us to ensure that we treat our soils with science-based knowledge.”

Zainab Odunayo
Zainab Odunayo
Zainab Odunayo is a News Reporter at Wakadaily News, specializing in politics and current affairs. With a strong passion for storytelling and a keen interest in social issues, Zainab brings insightful perspectives to her reporting.

Popular Related

FG to sanction airlines over delayed ticket refunds 11th December 2024

The Federal Government through the Nigerian Civil Aviation Authority (NCAA) is ready to sanction any airline that delays ticket refunds to passengers. The aviation body’s...

Former-Akwa Ibom governor seeks ways out of FX crisis

Victor Attach, the former governor of Akwa Ibom State stressed that Nigeria refused from being one of the major foreign exchange earners in the...

Employers reject FG’s expatriate employment levy

The Nigeria Employers’ Consultative Association has warned that the Ministry of Interior’s expatriate employment levy will discourage investment in the economy. The association also faulted...

Transcorp Power declares N3.13 dividend

Transcorp power, recently listed on NGX has announced a dividend growth of N3.13 per share. According to the report, the Nigerian Exchange Limited, the second...

Why Food Prices Crashed In Kano – Traders

The provision of portable water amd numerous access roads to major parts of the International Grains Market by the Islamic Development Bank (ISDB) and...

Okomu Oil Palm strengthens security collaboration after hoodlum attack

Following a recent attack on its facilities, Okomu Oil Palm Company Plc has collaborated with relevant authorities to bring the perpetrators to book. This was...

Nigeria gets Afreximbank’s $1bn loan

African Export-Import Bank has approved the disbursement of a loan of $1.05bn supported by oil and gas development to Nigeria next month. The loan is...

Tinubu committed to conclusion of Seplat-ExxonMobil deal – Lokpobiri

Heineken Lokpobiri, the Minister of State for Petroleum Resources, emphasized President Bola Tinubu’s dedication to completing the acquisition of Mobil Producing Nigeria Unlimited from...

Elon Musk’s Starlink partners with Jumia to expand services in Africa

Starlink, the satellite internet service, will partners with e-commerce firm, Jumia Technologies AG to expand it stalite broadband services in Africa. Hisham El Gabry, Jumia...

Aba Power to start electricity supply this weekend

Two weeks ahead of the planned take-off date, Aba Power Ltd, a subsidiary of Geometric Power, will start providing electricity to customers in the...