Nigeria to Regulate Imported Food Prices Amid Crisis

Julianah Ologunde
By Julianah Ologunde 2 Min Read

Nigeria to Regulate Imported Food Prices Amid Crisis; The Nigerian Federal Government has announced measures to combat rising food prices, including a 150-day duty-free import window for certain food commodities. Minister of Agriculture and Food Security, Abubakar Kyari, detailed the plan on social media, promising a decrease in food prices within 180 days.

Key measures include:

  • Suspension of duties and taxes on imports of maize, rice, wheat, and cowpeas
  • Implementation of Recommended Retail Prices (RRP) for imported food items
  • Government importation of 250,000 metric tons each of wheat and maize
  • Engagement with stakeholders to set Good Manufacturing Practices (GMP)
  • Support for smallholder farmers and acceleration of dry season farming

The government assures that food safety and quality standards will be maintained for all imports.

However, Senator Ali Ndume from Borno South has criticized the administration’s approach to the food crisis. In a BBC Hausa Service interview, he alleged that President Bola Tinubu is inaccessible to lawmakers and even some cabinet ministers, hindering their ability to offer advice on critical issues.

Ndume expressed concern over a UN report predicting widespread hunger in Nigeria, warning of potential malnutrition, especially among children. He lamented the absence of food banks that existed under previous administrations.

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The senator’s comments highlight a perceived communication gap between the presidency and other government branches, potentially complicating efforts to address the food crisis effectively.

The government plans to finalize implementation frameworks for the new policy within 14 days, involving collaboration between the Presidential Food Systems Coordinating Unit (PFSCU) and the Economic Management Team (EMT).

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This situation underscores the urgency of addressing food insecurity in Nigeria while revealing potential challenges in governance and policy implementation.

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