Special Reports

Stakeholders Pin Nigeria’s Surging Food Costs On Structural Flaws

LAGOS – The persistent rise in food prices across Nigeria has continued to raise concerns among agricul­tural stakeholders, who say the trend reflects deep structural weaknesses in the country’s food production system rather than temporary market disruptions.

From staples such as vegeta­bles and grains to other perish­able commodities, experts warn that the pressures driving volatil­ity are becoming more complex, cutting across production costs, climate stress, insecurity, and policy inconsistencies.

Across the value chain, stakeholders in separate inter­views with Daily Independent say Nigeria remains trapped in a recurring cycle of scarcity and price spikes during lean seasons, and glut with wastage during harvest periods.

They argue that without sustained reforms, the country risks prolonged food inflation and worsening food insecurity.

Austine Adeniba, Chief Op­erating Officer, Eliakim Integrat­ed Services Ltd, stressed that stabilising food prices requires a broad mix of government in­terventions aimed at addressing both production and market in­efficiencies. According to him, farmers need “a combination of financial, technical, infrastruc­ture, policy, and security support from government” to break the cycle of volatility.

He noted that key interven­tions must include irrigation systems, storage and processing facilities, pest control, low-inter­est financing, improved trans­port infrastructure, security, and modern farming technologies.

Adeniba warned that tem­porary measures cannot solve the underlying problem. “Tem­porary interventions such as market raids or short-term im­port waivers may provide brief relief, but they do not solve the structural causes of recurring food inflation,” he said.

He added that long-term sta­bility requires a fundamental shift in Nigeria’s agricultural system, calling for a transition “from subsistence agriculture to a modern, climate-resilient, commercially integrated food system.”

Similarly, Oyewole Okewole, Senior Associate Consultant at FutuX Agri-Consult Limited, outlined several areas where government support is urgently needed to improve productivity and stabilise supply.

He identified access to afford­able, high-quality farm inputs and mechanisation as a key priority, noting that subsidised fertilisers, improved seeds, ir­rigation systems, greenhouses, and farm machinery should be “strategically distributed with data to the right people.”

Okewole also emphasised the need for investment in cold chain infrastructure and agro-pro­cessing hubs, saying that “cold rooms, refrigerated trucks, dry­ing facilities, and tomato process­ing plants would significantly reduce spoilage and stabilise market supply,” while highlight­ing that Nigeria loses “trillions of naira annually” due to weak storage systems.

He further pointed to poor ru­ral infrastructure, limited access to agricultural finance, weak ex­tension services, and lack of mar­ket stabilisation mechanisms as major constraints affecting the sector.

On long-term solutions, Okewole called for expanded irrigation farming to reduce dependence on rainfall, along­side climate-smart agriculture such as greenhouse production, solar-powered irrigation, and heat-tolerant crop varieties, in­cluding those developed by the National Horticultural Research Institute (NIHORT).

He also stressed the impor­tance of strengthening process­ing industries and cold chain logistics, describing the latter as “perhaps the single most import­ant intervention” for reducing post-harvest losses and ensuring year-round supply.

Supporting this view, Bola Oyeleke, National President of the Tomato and Orchard Pro­ducers Association of Nigeria (TOPAN), pointed to rising pro­duction costs, insecurity, and limited access to modern farm­ing technologies as key drivers of reduced output and rising prices.

He noted that many farm­ers are struggling to cope with increasing costs of inputs and production, while insecurity con­tinues to discourage cultivation in several regions.

According to him, these challenges are worsening as the rainy season approaches, when pest and disease pressures are expected to intensify.

Oyeleke also called for stron­ger government action on secu­rity and agricultural mechanisa­tion, including improved support for agro-rangers and increased investment in farming equip­ment for smallholders.

On livestock and broader agricultural reform, he urged greater collaboration between government and the private sec­tor to improve productivity and reduce conflicts affecting food production systems.

Adebowale Onafowora, Man­aging Director of BIC Farms Concept, meanwhile, raised con­cerns over policy inconsistencies, particularly the government’s 2025 decision to open the market to imported food products.

He said the move weakened lo­cal production incentives despite providing temporary price relief.

“We are now paying for that short-sightedness,” he said, noting that reduced planting in 2026 has contributed to current shortages.

Onafowora further argued that Nigeria’s continued reliance on rainfall farming, despite avail­able dam infrastructure, reflects policy failure rather than envi­ronmental limitation.

He also pointed to rising fer­tiliser and fuel costs driven by global disruptions as additional pressures on farmers.

For long-term reform, he rec­ommended treating food logistics as a security priority, redirecting import subsidies into a guaran­teed buy-back system for local farmers, and expanding con­trolled environment agriculture to reduce dependence on unpre­dictable weather conditions.

He maintained that sustain­able price stability will only be achieved when farmers are assured of profitability and con­sistent policy support.

You Might Be Interested In

Back to top button