Would you like to receive notifications on latest updates of the following headlines?

Food Prices Will Crash Soon, FG Declares

POSTED ON July 31, 2024 •   Business      BY Abiodun Saheed Omodara
Minister of State for Agriculture and Food Security, Dr Aliyu Abdullahi

The Federal Government has declared that food prices nationwide will soon crash, owing to its commitment to ensuring food security through the adoption of new farming techniques in Nigeria. 

The government has acknowledged the ongoing food crisis in Nigeria, as revealed at the 48th Annual Conference of the Soil Science Society of Nigeria in Abuja. 

The Minister of State for Agriculture and Food Security, Dr Aliyu Abdullahi, stated that the government is fully aware of the current food crisis in the country.

Abdullahi said the government is exploring various strategies to ensure food security, including ramping up food production by transitioning Nigeria to a sustainable food production system with year-round farming.

The minister acknowledged the current food challenge in Nigeria, stating that the government was aware of the situation and was taking steps to address it. 

He said they were planning for the next dry season, aiming to make it a success through increased production. 

The minister highlighted the recent drop in Irish potato prices as an example of the government's efforts to boost food availability and affordability. 

He further said the government was working to provide support to farmers by adding value to their production and reducing food service losses.

The minister also acknowledged that the lean period, when food is less available, poses a challenge for the country. 

He stated that the ministry was committed to promoting the Nigerian farmer's soil healthcare scheme as a key priority and significant intervention for sustainable agriculture, with plans to establish the scheme in all 774 Local Government Areas in Nigeria. 

The minister highlighted that the soil healthcare scheme aimed to improve 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 adapt to and mitigate climate change. 

He also mentioned that the scheme would involve soil testing laboratories planned for all local governments and states. 

The minister emphasised the need for strong collaboration and synergy to support the success of this initiative and create a resilient food system that benefits everyone.

The President of the Soil Science Society of Nigeria, Prof Jibrin Jibrin, stated that the conference theme, 'Soil Health and Climate-Smart Agriculture for Resilient Food Security System', was appropriate given the reality of climate change. 

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

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

He further explained that the soil is a living entity, and if it is allowed to be destroyed, the nation will be destroyed. 

eco

READ ALSO
Trade Tensions Rise as South Korea and U.S. Prepare for Key Discussions
BY Abiodun Saheed Omodara May 16, 2025 0

AFP - South Korea is prepared to restart tariff discussions with Washington during an important APEC...

READ ALSO
Sanwo-Olu Establishes Apapa Central Business Office to Enhance Infrastructure, Business Climate
BY Abiodun Saheed Omodara May 15, 2025 0

Lagos State Governor, Babajide Sanwo-Olu, has sanctioned the creation of the Apapa Central Business...

READ ALSO
NBS Reports April 2025 Inflation Rate Falls to 23.71%, Highlighting Food Safety Risks
BY Abiodun Saheed Omodara May 15, 2025 0

The inflation rate for April 2025 dropped to 23.71 percent, down from 24.23 percent in March 2025, m...

READ ALSO
Nasarawa Assembly Enacts Mining Bill to Ensure Compliance and Community Welfare
BY Abiodun Saheed Omodara May 14, 2025 0

NASARAWA, Nigeria - The Nasarawa House of Assembly On Tuesday approved a mining bill aimed at regula...

READ ALSO
CBN Launched BVN Platform for Nigerians Living Abroad
BY Abiodun Saheed Omodara May 14, 2025 0

The Central Bank of Nigeria (CBN), in partnership with the Nigeria Inter-Bank Settlement System (NIB...

READ ALSO
Tinubu Calls for Unified Tax System to Enhance Revenue Generation and Equity
BY Abiodun Saheed Omodara May 13, 2025 0

ABUJA, Nigeria - President Bola Tinubu has reiterated his commitment to undertaking bold and compreh...

READ ALSO
World Bank: Tinubu’s Reforms Bringing Stability to Nigeria’s Economy
BY Abiodun Saheed Omodara May 13, 2025 0

ABUJA, Nigeria - The World Bank expressed approval of the federal government on Monday, noting that...

READ ALSO
SERAP Requests CBN to Reveal Local Council Allocations Before 2027 Elections
BY Abiodun Saheed Omodara May 12, 2025 0

The Socio-Economic Rights and Accountability Project (SERAP) has requested that the Governor of the...

OUR CHANNELS:

House of Representatives Advances Bill to Make Voting Mandatory for Nigerians
BY Abiodun Saheed Omodara May 15, 2025 0

Abuja, Nigeria- The House of Representatives has passed for second reading a bill seeking to am...


NANS Calls for JAMB Registrar Ishaq Oloyede's Resignation Over 2025 UTME Errors
BY Abiodun Saheed Omodara May 15, 2025 0

The National Association of Nigerian Students (NANS) has called for the resignation of Ishaq Oloyede...


Peter Obi Commends JAMB’s Accountability, Warns of Institutional Fragility Over UTME Glitches
BY ROCKETPARROT.com staff May 15, 2025 0

Former Anambra State Governor and Labour Party presidential candidate in the 2023 elections, ...


Lagos Introduces Specialized Units for Crime Prevention
BY Abiodun Saheed Omodara May 15, 2025 0

In an effort to keep Lagos secure for both its residents and visitors, the Neighbourhood Safety Agen...


UK Urges Nigerians to Combat Visa Fraud amid Surge in Applications
BY Abiodun Saheed Omodara May 15, 2025 0

Richard Montgomery, the British High Commissioner in Nigeria, has called on Nigerians to stay alert...


FOX59: Woman Fatally Shot Outside Event Center on Indianapolis East Side
BY ROCKETPARROT.com staff May 15, 2025 0

INDIANAPOLIS — A woman was shot and killed Wednesday night outside an event center on the east...


DSS vs. Pat Utomi: Legal Battle Over Shadow Government Tests Nigeria’s Democratic Boundaries
BY ROCKETPARROT.com staff May 15, 2025 0

The Department of State Services (DSS) has filed a lawsuit against Prof. Pat Utomi, a renowned eco...


Shadow Government or Civic Protest? Experts Debate What Pat Utomi's Move Really Means
BY ROCKETPARROT.com staff May 16, 2025 0

ABUJA – As the Department of State Services (DSS) seeks to shut down Prof. Pat Utomi’s s...


Will Pope Leo XIV Lose His American Citizenship? A Legal and Diplomatic Puzzle Unfolds
BY Abiodun Saheed Omodara May 15, 2025 0

VATICAN CITY – When Cardinal Robert Francis Prevost was elected Pope Leo XIV on May 8, he beca...


30% of Lagos State Employees on Study Leave Abroad Fail to Return - Commissioner
BY Abiodun Saheed Omodara May 15, 2025 0

LAGOS, Nigeria - The Lagos State government has disclosed that 30% of its employees who took study l...


More Articles

Load more...

Menu