Minister of Agriculture and Food Security, Senator Abubakar Kyari, says the Federal Government is implementing measures to sustain the ongoing decline in food prices across Nigeria.
Speaking in Abuja after a Senate public hearing on key agriculture bills, Kyari said the government is focusing on lowering the cost of fertiliser, irrigation, and fuel, while expanding access to credit for farmers through public-private partnerships.
According to the National Bureau of Statistics (NBS), food inflation dropped from 20.12% in August to 18.02% in September 2025, marking the sixth consecutive monthly decline.
Kyari announced that the government has launched a community-based storage initiative to curb post-harvest losses, replacing large urban silos with smaller facilities closer to farmers. “About 85% of our new storage will be in rural areas,” he said.
He added that funding support will come from the New Growth Infrastructure Fund and the National Agriculture Development Fund, aimed at strengthening the food supply chain and stabilising prices.
Kyari reaffirmed that the reforms are part of President Bola Tinubu’s Renewed Hope Agenda, focused on food security, rural prosperity, and farmer empowerment.
