The Federal Government has unveiled a new comprehensive strategy designed to stabilise food prices, increase agricultural output, and strengthen Nigeria’s long-term food security framework.
The initiative focuses on addressing supply chain challenges, reducing production costs, and improving access to farm inputs for local farmers across the country.
According to the Ministry of Agriculture and Food Security, the strategy combines policy reforms, market interventions, and production support programmes to correct imbalances that have driven food inflation in recent years.
The government’s plan includes:
Expansion of local food production capacity
Support for farmers through subsidised inputs
Strengthening agro-processing and value chains
Reduction of import pressures on key commodities
Improved coordination of agricultural policies nationwide
Officials noted that recent tariff adjustments on agricultural inputs have already helped ease price pressures in some food markets.
Government data suggests that food inflation has begun to ease compared to the previous year, although input costs remain a major challenge for farmers.
Authorities say ongoing reforms in mechanisation, financing, and distribution systems are expected to further reduce price volatility in the coming months.
A major component of the strategy is boosting domestic production capacity through investments in:
Crop farming
Livestock development
Fisheries and agro-forestry
Rural financing systems
Agricultural research and innovation
The government also emphasised strengthening partnerships with private sector investors and international development partners to expand food production infrastructure.
Analysts say the strategy could help:
Reduce Nigeria’s dependence on food imports
Stabilise market prices over time
Improve farmer income and productivity
Strengthen national food security resilience
However, experts warn that success will depend on consistent policy execution and adequate funding support.