Despite efforts to boost agricultural productivity, Nigeria's food inflation remains high at 39.93%. Rising transportation costs, largely due to fuel subsidy removal, have driven up food prices, further straining consumers.The President of the All Farme… Read on blog or Reader SMALL BUSINESS INSIGHTS Read on blog or Reader Farmers seek support as rising transport costs worsen food inflation By Busola Bamidele on February 2, 2025 Despite efforts to boost agricultural productivity, Nigeria's food inflation remains high at 39.93%. Rising transportation costs, largely due to fuel subsidy removal, have driven up food prices, further straining consumers. The President of the All Farmers Association of Nigeria (AFAN), Ibrahim, emphasized that high transport costs force farmers to raise prices to cover expenses. Read also: Farmers seek support as rising transport costs worsen food inflation SMEDAN empowers SMEs for export growth through national single window reform Lagos backs 150 agropreneurs with Fish farming support Nigeria's Agriculture Minister calls for shift from food production to wealth creation EU supports Eurocham Nigeria with €300,000 grant for growth He urged the government to address fuel costs and invest in infrastructure to ease logistics. The government's initiatives to equip farmers with essential tools are expected to improve rice production, potentially lowering prices and easing financial pressure on consumers. Stakeholders hope that with sustained support, the agricultural sector will stabilize food prices and enhance national food security.

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