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FG to support farmers as food prices fall below production cost

✍️ Ayodeji Adegboyega, .Wp-Block-Co-Authors-Plus-Coauthors.Is-Layout-Flow, Class, Wp-Block-Co-Authors-Plus, Display Inline, Sourceurl Https, Www.Premiumtimesng.Com Wp-Content Plugins Co-Authors-Plus Build Blocks Block-Coauthors Style-Index.Css, .Wp-Block-Co-Authors-Plus-Avatar, Where Img, Height Auto Max-Width 📅 January 15, 2026 06:32 PM ⏱️ 3 min read 🕐 Scraped: January 15, 2026

Summary: “There is a point now to help the farmers, because prices have come below, in some cases, their costs, and that is being addressed very, very urgently, in order to ensure that we encourage continued investment in food production,” the minister said.

The federal government says it will move to support farmers after food prices fell below production cost in some cases, raising concerns about the sustainability of food production and future supply.

The Minister of Finance and Coordinating Minister of the Economy, Wale Edun, disclosed this on Thursday while delivering a keynote address at the launch of the Nigerian Economic Summit Group (NESG) 2026 Macroeconomic Outlook Report in Lagos.

According to him, the 2026 priorities include boosting competitiveness, ensuring good governance, increasing agricultural productivity and food

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Ayodeji Adegboyega, .Wp-Block-Co-Authors-Plus-Coauthors.Is-Layout-Flow, Class, Wp-Block-Co-Authors-Plus, Display Inline, Sourceurl Https, Www.Premiumtimesng.Com Wp-Content Plugins Co-Authors-Plus Build Blocks Block-Coauthors Style-Index.Css, .Wp-Block-Co-Authors-Plus-Avatar, Where Img, Height Auto Max-Width

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January 15, 2026 at 06:32 PM

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