Connect with us

Business

On food price crash, farmers fault FG’s order as agro-imports hit N2.2tn

Published

on

Nigeria’s agricultural import bill soared to N2.22tn in the first half of 2025, drawing strong criticism from farmers, rice millers, and stakeholders who argue that the Federal Government’s policies are undermining local production and worsening food insecurity.

The stakeholders also criticised the recent order by President Bola Tinubu to reduce food prices. On September 11, 2025, it was reported that Tinubu ordered a Federal Executive Council committee to further crash the prices of food items across the country.

The Minister of State for Agriculture and Food Security, Sabi Abdullahi, stated this in Abuja, while presenting a paper at a one-day capacity-building workshop for journalists covering the Senate. He said the President’s order would be enforced to further crash prices of food items by ensuring the safe passage of products through various routes across the country.

“I can say it on good authority to you that the President has given a matching order to a Federal Executive Council committee already handling it. On how we are going to promote the safe passage of agricultural foods and commodities across our various routes in the country.

“We are aware, and I’m sure, as media, you are also aware, there are routes through which commodities are taken before they are delivered. If you know the amount of money that is being spent, you can now understand why those commodities have to be expensive at the point of delivery. So, we are working very hard, and we are doing quite a lot. But I’ve just given you a snippet because I’m here, and I felt we should look at that,” Abdullahi had stated.

But this Presidential directive has sparked criticism from farmers and rice millers, who argue that mere pronouncements cannot override market forces or compensate for poor planning.

“The cost of food will go down if transport costs go down, but that alone is not enough,” the National President of the All Farmers Association of Nigeria, Kabir Ibrahim, explained. “Our farmers are complaining that the prices are so low that they cannot buy fertiliser. The importation has dealt with our farmers.”

Rice millers push back

See also  Presidency under pressure as police arrest Adeyemi’s father due to Fake PFIPC agency scandal

Chairman of the Competitive African Rice Forum, Peter Dama, faulted the government’s approach, saying it risks alienating private operators and discouraging investment. “The President is dealing with private organisations and companies. You don’t just come out and give an order to crash prices. It doesn’t work that way”.

“At best, the government should have called stakeholders in the transport and agric sectors, discussed with them, and provided subsidies.

Pronouncements without engagement will not work.”

Dama warned that persistent importation and lack of subsidies were forcing many farmers to abandon agriculture. “If you don’t provide inputs and only make pronouncements, farmers will quit. We are not in an autocratic government. Stakeholders must be carried along.”

Tractors still undistributed

Beyond importation and price directives, stakeholders also pointed to delays in mechanisation efforts. In July 2024, the government launched 2,000 tractors to support farmers, but more than a year later, none have been distributed.

Ibrahim said farmers were growing impatient. “The tractors have not been distributed yet. They were launched in July, but up to now, no modalities have been given. We need them to support human labour with machine power.”

An official in the Ministry of Agriculture, who asked not to be named due to the lack of authorisation to speak on the matter, confirmed that modalities for distribution were awaiting presidential approval.

“We are waiting for the presidency. The minister has submitted a distribution list for approval. We expect to flag it off soon. But people must understand that such directives take time because they involve trade, finance, customs, and investment ministries. A technical committee will be set up to address stakeholders’ concerns.”

Purchasing power concern

While the government insists that food price crashes will take time, stakeholders maintain that weak purchasing power remains the biggest obstacle.

Ibrahim stressed, “What we are telling the government is that it is the purchasing power of the Naira that is causing problems. Even if food prices fall, people don’t have the money to buy. That’s why you are not seeing any impact.”

His view was echoed by other stakeholders, who warned that without urgent subsidies for inputs and stronger consumer purchasing power, Nigeria risks deepening its food insecurity.

See also  Tinubu’s Executive Order: FG, states, LGs allocation may increase by N15tn

N2.22tn agric imports

Data from the National Bureau of Statistics revealed that agricultural imports stood at N1.04tn in the first quarter of 2025, before climbing to N1.18tn in the second quarter. The second quarter figure represented a 32.6 per cent year-on-year increase from N893.25bn recorded in Q2 2024, and a 14.35 per cent rise from Q1 2025.

Comparatively, the value of agricultural imports in the first half of 2024 was N1.81tn, indicating a 22.65 per cent rise within one year. Despite this surge, food prices remain high, and farmers say government interventions have created distortions that leave both producers and consumers worse off.

The sharp rise in imports followed the Federal Government’s introduction of a 180-day duty-free window in July 2024, which allowed licensed millers and firms with backward integration programmes to import staple foods such as maize, husked brown rice, wheat, beans, and millet without paying duties, tariffs, or related taxes.

The policy, designed by President Bola Tinubu’s administration as a stopgap measure against worsening food inflation, ended in December 2024. While the government said it aimed to crash food prices, stakeholders insist the initiative failed to deliver relief.

AFAN president, Ibrahim, argued that the waiver policy only triggered massive importation without addressing Nigerians’ weakened purchasing power. “There must be a rise in imports because there was a 180-day duty-free window. People rushed to import food, but Nigerians have no money to buy it. Even though prices are going down, purchasing power is low, and that is the reality,” Ibrahim said.

According to him, the unsold food glut now affects both government silos and private warehouses. “Government itself is left with food in silos. They bought rice and paddies, but are they selling? Unless we fix systemic issues in customs, transport, and governance, we cannot get results.”

The fallout from duty-free importation has hit local farmers hard. Ibrahim noted that maize, which once sold for about N60,000 per tonne before the duty-free policy, now goes for about N30,000, leaving farmers unable to recover input costs. “Our farmers are not happy; they are not even back to their farms now because maize prices have collapsed. They cannot buy fertiliser, and the effect is adverse,” he said.

See also  Tinubu nominates Bernard Doro as minister

National Secretary of the Small-Scale Women Farmers Organisation in Nigeria, Chinasa Asonye, highlighted how high input costs and poor-quality subsidised products have crippled production. “Fertilisers and herbicides have become unaffordable. Some of the subsidised inputs distributed were expired and caused more harm than good. Government must subsidise inputs so farmers can produce at a reasonable cost,” Asonye said.

She warned that hoarding by traders and government agencies worsened the food crisis. “Some people stored grains in silos expecting to sell when prices rise, but the reverse happened. Grains bought at N140 per kg now sell for N70, and many are running at a loss. Worse still, some imported rice sold at N48,000 has weevils and is not even edible.”

Way forward

Stakeholders agreed that piecemeal interventions—whether through duty-free waivers, directives to crash food prices, or delayed tractor distribution—cannot sustainably address Nigeria’s food crisis.

Dama cautioned, “Yes, reducing transport costs will bring some relief. But the government must also engage rice millers, farmers, and private investors. Import licences should not replace real investment in local production. If we continue like this, we will never be food-secure.”

Asonye added that small-scale farmers, especially women, face the greatest risks. “If farmers cannot break even, they will abandon production or resort to strike actions. That will deepen the food crisis.”

With agricultural imports climbing to N2.22tn in just six months and local farmers struggling with input costs, storage challenges, and poor purchasing power, the outlook for Nigeria’s food sector remains fragile.

The government maintains that its food price crash directive, mechanisation push, and import substitution efforts will eventually ease the burden on citizens. But for farmers and millers, patience is running thin.

Unless subsidies, infrastructure support, and stakeholder consultations become central to government policy, experts warn that Nigeria’s reliance on imports will continue to rise—at the expense of local production and long-term food security.

FOLLOW US ON:

FACEBOOK

TWITTER

PINTEREST

TIKTOK

YOUTUBE

LINKEDIN

TUMBLR

INSTAGRAM

Continue Reading
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Business

Agricultural quarantine service postpones release of recruitment shortlist

Published

on

The Nigeria Agricultural Quarantine Service has postponed the publication of shortlisted candidates for its ongoing recruitment exercise, which was initially scheduled for Thursday, August 13.

NAQS said the decision was made to ensure a thorough, transparent and accurate recruitment process.

The agency announced the postponement in a public notice signed by the Director of Human Resources, ACG Issaka Ahmed, and posted on its X handle on Friday.

“In order to ensure a thorough, transparent and accurate process, we are unable to release the list of shortlisted candidates as scheduled,” the notice stated.

The agency apologised for the delay and urged applicants and members of the public to remain patient while awaiting a new date.

“We sincerely regret any inconvenience or uncertainty this delay may have caused and appreciate the patience, understanding and continued interest of all applicants.

“All applicants and the general public are hereby notified that a new date will be communicated in due course through our official communication channels,” it said.

The agency advised applicants to rely only on information released through its official channels.

The recruitment exercise, which opened on July 28 and closed on August 10, attracted 606,928 attempted applications, while 407,659 were successfully submitted, according to statistics released by NAQS on Wednesday.

The agency said 199,269 applications were incomplete at the close of the application period.

The Assistant Superintendent of Quarantine II cadre, requiring HND or bachelor’s degree, recorded the highest number of applications with 290,076, followed by Quarantine Assistant II with 117,177 applications.

Other cadres included the NCE category with 79,685 applications, OND with 70,170, and the Superintendent cadre requiring a master’s degree with 13,183 applications.

See also  Dangote dumps naira, begins petrol sales in dollars

PUNCH Online reports that NAQS said it will conduct a computer-based test and interviews on August 15, after shortlisted candidates are released on August 13.

However, candidates will now await new dates.

The recruitment exercise covers the Superintendent, Inspectorate and Assistant cadres.

Source: punchng.com

FOLLOW US ON:

FACEBOOK

TWITTER

PINTEREST

TIKTOK

YOUTUBE

LINKEDIN

INSTAGRAM

Continue Reading

Business

Customs dismiss smuggling, revenue leakage allegations

Published

on

The Nigeria Customs Service has dismissed allegations of increased smuggling, revenue leakage, recruitment impropriety and manipulation of succession within the service, describing them as a misrepresentation of its operations and administrative processes.

The service’s National Public Relations Officer, Deputy Comptroller Abdullahi Maiwada, stated this in a response released on Thursday to an investigative report published by a media outlet (not PUNCH) on August 7, 2026.

The report had alleged intensified smuggling along the Seme, Idiroko, Ilaro, Ipokia and Igbeti-Kishi corridors, as well as manipulation of the 846 valuation code at the Apapa, Tin Can Island and PTML Area Commands.

Maiwada said the claim of a surge in smuggling was inconsistent with the service’s enforcement activities, pointing to regular seizures recorded along the affected corridors.

“Our responsibility is to reduce smuggling to the barest minimum, not to claim that it can be completely eradicated,” he said.

On the 846 valuation code, the NCS explained that it was a digital tool designed for vehicles with non-standard or non-compliant Vehicle Identification Numbers, including specialised heavy equipment, classic vehicles and customised models.

“The 846 code is an established digital valuation code within the Customs portal, specifically designated for vehicles with non-standard or non-compliant Vehicle Identification Numbers,” Maiwada said.

He added that standard vehicles were assessed automatically through manufacturer-linked databases, while 846 applications were subjected to secondary approval by valuation officers and Area Controllers.

Maiwada said discrepancies discovered through post-clearance audits could lead to Demand Notices for the recovery of short-collected duties and sanctions against offending operators, adding that revenue collections at major ports had reached historic levels under the digital framework.

On the recruitment of Assistant Superintendents of Customs II, the Service said the exercise was conducted under the authorisation of the Nigeria Customs Service Board and in line with the NCS Act 2023 and Federal Character Commission guidelines.

See also  Dangote dumps naira, begins petrol sales in dollars

It said successful candidates were issued provisional offers subject to medical verification, background checks and formal acceptance.

The Service also rejected allegations of succession manipulation and favouritism among officers, saying promotions were determined by seniority, merit, promotion examinations and available vacancies in accordance with established regulations.

“Succession and promotion within the Service are governed by established rules and career progression structures, not personal preference,” the Service said.

Maiwada said leadership training for Deputy Comptrollers was part of the Service’s human capital development strategy, aimed at strengthening trade operations, intelligence management and executive leadership.

He explained that approved training programmes and international exposures were funded through budgetary allocations or formal technical assistance arrangements with partner institutions.

Responding to calls for independent investigations, the NCS said it remained subject to oversight by the Federal Ministry of Finance, National Assembly, Office of the Auditor-General for the Federation and anti-corruption agencies.

“The management maintains a firm, intolerant posture toward corruption, revenue leakage or administrative misconduct,” the Service stated.

It added that any officer or stakeholder found culpable would face disciplinary action and prosecution in accordance with the law, while assuring Nigerians that the Service would cooperate with any legitimate investigation by statutory authorities.

Source: punchng.com

FOLLOW US ON:

FACEBOOK

TWITTER

PINTEREST

TIKTOK

YOUTUBE

LINKEDIN

INSTAGRAM

Continue Reading

Business

Patience Jonathan revealed she mentored Azikel refinery boss Eruani from ‘small boy’ to big businessman

Published

on

Ex-President Goodluck Jonathan’s wife, Patience, has described the Group President of Azikel Group, Dr Azibapu Eruani, as a “small boy” she raised and mentored into the league of Nigeria’s biggest businessmen.

She said her guidance was behind his bold entry into big business at a relatively young age.

The former First Lady spoke on Tuesday in a video which went viral on Thursday during an inspection tour of the Azikel Refinery in Obunagha, Bayelsa State, alongside other dignitaries.

She said she personally introduced Eruani to billionaire businessmen, Aliko Dangote and Aminu Dantata, and pushed him to aspire to their level despite being the youngest among them.

“He’s a boy that I brought up. We are always together. Although he’s the little one among us when we are friends — Dangote, Seyi, Dantata, Eruani — among us, he’s the smallest. But I made sure he followed the Dangotes, he followed Dantata.

“Because I’m a woman in their midst, I made sure I told this small boy, ‘Go and follow them, and stop the grammar.’ But when he told me that one day he would be like Dangote, I said, ‘You’re thinking too high.’ I prayed to God to grant him his heart’s desire,” she said.

Group President of Azikel Group, Dr Azibapu Eruani

The former First Lady also recalled how the immediate past APC administration under Muhammadu Buhari initially failed to grant Eruani a refinery licence before eventually approving three.

“During the Buhari administration, he and others came to me and told me they were going to apply for a refinery. I told him, ‘Eruani, your brother, the President, did not give you a refinery.

See also  US emerges top supplier of crude to Nigeria — Report

“Is it the APC government that will give you one?’ I prayed it would happen. But later, they came back and told me they had been given three refineries,” she said.

The inspection coincided with the arrival of the refinery’s Crude Distillation Unit, a major milestone in the development of the $1bn facility.

The 25,000 barrels-per-day plant is a private hydro-skimming refinery designed to process condensate into petrol, diesel, aviation fuel, kerosene and other products.

It is set to become Nigeria’s second-largest full-slate refinery and the first major privately owned refinery in the Niger Delta.

The Managing Director/Chief Executive Officer of the Niger Delta Development Commission, Samuel Ogbuku, who joined the inspection tour, commended Eruani for his perseverance, noting that he had attended the project’s groundbreaking ceremony eight years ago.

Ogbuku described the refinery as an inspiration and a potential catalyst for investment, job creation and economic growth in Bayelsa State, and urged residents, particularly youths, to key into the opportunities it would create.

 

 

He also praised the Bayelsa State Government for improving road infrastructure leading to the refinery site and called for continued support for the project.

Governor Douye Diri, who was represented at the inspection by his deputy, Peter Akpe, has consistently backed the project, which is expected to employ hundreds of workers and drive industrialisation in the state.

Other dignitaries at the event included the Chairman of the Bayelsa State Council of Traditional Rulers, King Bubaraye Dakolo; Vice President of Azikel Group, Presley Asemota; and Isaac Yalah, among others.

See also  NNPC E&P hits 355,000bpd, records highest output in 36 years

Source: punchng.com

FOLLOW US ON:

FACEBOOK

TWITTER

PINTEREST

TIKTOK

YOUTUBE

LINKEDIN

INSTAGRAM

Continue Reading

Trending