Food prices crashed nationwide following President Tinubu’s directives – Federal Govt
Food prices crashed nationwide following President Tinubu’s directives – Federal Govt
Nigeria’s Minister of Agriculture and Food Security, Senator Abubakar Kyari, says President Bola Tinubu’s emergency interventions on food security are already paying off, claiming food prices “have crashed.”
Speaking on Arise News’ *Day Break* on Friday morning, Kyari defended the government’s approach, which blends production support with short-term importation, describing it as a necessary response to long-standing “structural imbalances” in the nation’s agricultural sector.
“There are tools if you want to take care of the structural imbalances in the agricultural sector,” Kyari said.
“I have said it before—even the former President of the African Development Bank during his tenure, he also imported. There are tools to manage what you already have.”
He noted that Tinubu inherited a difficult situation in 2023 when the president declared a state of emergency on food security, describing it as a “clarion call” to rescue the sector.
“President Bola Ahmed Tinubu came at a time when there was huge structural default in terms of food security and that is why he had to declare the clarion call and emergency on food security in July 2023,” the minister explained.
“Food availability, food security is a matter of entrepreneurial availability, supply and demand. In Nigeria so much availability and demand were not there, and part of the reason for the intervention was to ramp up production and at the same time import to make up the difference, because we do not have absolute production for all food crops that we have. Rice, for example—we have about 15% gap in what we can supply and what we have in the country.”
Kyari explained that the government’s temporary importation policy was designed solely to stabilise prices, stressing that it would not undermine or discourage local farmers.
“The importation window was only for six months, and it has come and gone. And that was the amount that was demanded. When you look at the global demand field, it is not enough to make farmers discouraged with agricultural production,” he said.
The minister highlighted some of the interventions rolled out alongside imports, including large-scale fertiliser distribution.
“For example, while that was going on, President Bola Ahmed Tinubu ordered the Central Bank to release 2 million bags of fertiliser to the Federal Ministry of Agriculture for onward delivery free of charge at zero cost, and that was done,” Kyari disclosed.
“So at the end of the day, when you look at it, there were so many interventions. We had so many programmes that supported farmers with fertiliser at 50%. So, there was a lot of production in 2024.”
The minister concluded by stressing that the interventions had already begun to impact the market positively.
“I could say boldly that prices have crashed,” Kyari declared.
Kyari’s comments came as a direct response to President Tinubu’s fresh order to a Federal Executive Council (FEC) committee to “crash food prices” through swift and coordinated measures.
News
Increase salary, welfare packages for Police other security personnel – FG told
Increase salary, welfare packages for Police other security personnel – FG told
Peoples Democratic Party (PDP) has called for improved welfare packages for armed forces personnel and all members of the security and intelligence community to aid their effectiveness and efficiency.
National Chairman of PDP, Tanimu Turaki, made the call in a statement in Abuja on Thursday to mark the 2026 Armed Forces Celebration and Remembrance Day.
Turaki also urged the Federal Government to adequately fund security agencies to effectively neutralise those he described as agents of insecurity, and restore peace to the country.
He expressed PDP’s condolences to the families of members of the armed forces who died in active service while executing their mandate of protecting Nigeria’s territorial integrity and sovereignty.
“On a day like this, we acknowledge that they paid the supreme price for the continuous existence of our country.
“We advise all actors, whether state or non-state, not to engage in actions capable of destabilising the country.
“In honour of those who have died to keep our country safe, we pray that their deaths may not be in vain and their labours not forgotten,” Turaki said.(NAN)
News
Rivers Lawmakers fail to resume plenary amid ongoing impeachment proceedings against Gov Fubara
Rivers Lawmakers fail to resume plenary amid ongoing impeachment proceedings against Gov Fubara
The Rivers State House of Assembly, led by Speaker Martin Amaewhule, did not reconvene for plenary on Thursday, a week after adjourning its last session.
During its first sitting of 2026, held last Thursday, the House had initiated impeachment proceedings against Governor Siminalayi Fubara and his deputy, Prof. Ngozi Odu, over alleged gross misconduct. The charges reportedly included the demolition of the state assembly complex and unauthorized spending, among other allegations. That session was adjourned to January 15, 2026.
However, as of noon on Thursday, a visit to the assembly—currently holding sittings at its conference hall along Aba Road—showed no indication that the House would resume.
No official reason has been provided for the delay, and a new date for resumption has not been announced.
News
Two killed, others arrested as Police operatives engage hoodlums that attacked ex–Governor’s convoy in gun battle
Two killed, others arrested as Police operatives engage hoodlums that attacked ex–Governor’s convoy in gun battle
Two suspected armed robbers were shot dead following a prolonged gun battle with police at Enugwu Agidi Junction in Dunukofia Local Government Area of Anambra State.
According to the state police spokesperson, Tochukwu Ikenga, the clash occurred between security operatives and hoodlums believed to be armed robbers and cultists with links to a proscribed secessionist group. He said the exchange of gunfire lasted about two hours.
Ikenga disclosed on Thursday that three other suspects escaped during the operation, sustaining varying degrees of gunshot injuries.
He added that items recovered from the scene included one T.06 rifle, two pump-action guns, 24 rounds of T.06 ammunition, 15 live cartridges, assorted criminal charms, a red cult beret, and a black Toyota Highlander vehicle.
He said, “Anambra State Police Command in the early hours of 14th January 2026 recorded another major operational breakthrough in its sustained efforts to rid the State of criminal elements and ensure the safety of lives and property.
“The Police Operatives attached to Rapid Response Squad Awkuzu acting on credible and actionable intelligence, laid an ambush to a 5-man group of armed hoodlums suspected to be armed robbers, cultists, and linked to a proscribed secessionist group at Enugwu Agidi Junction, Dunukofia Local Government Area of Anambra State.
“Upon sighting the Operatives, the suspects engaged the Officers in a fierce gun battle that lasted for two hours which resulted to fatal gun shot injuries on two of the armed suspects, while the other three fled the scene with varying degrees of gunshot injuries.
“The Operatives also recovered One (1) T.06 rifle, two (2) pump-action guns, Twenty-four (24) rounds of T.06 ammunition, Fifteen (15) live cartridges, Assorted criminal charms, One cult red beret and One black Toyota Highlander vehicle.
“Furthermore, while in deep agony, one of the armed suspects confessed the gang members as being part of those who launched an unsuccessful but repelled attack by the Police Operatives on the convoy of former Minister of Labour and Employment, Dr Chris Ngige.
“He also confessed being part of the striking squad of Vikings confraternity on a mission to retaliate the death of one of their members by another rival cult group.
“The Commissioner of Police, Ikioye Orutugu while commending the gallantry of the operatives charged them to intensify efforts to arrest other gang members, particularly those who fled with gunshot injuries during the encounter.
“Meanwhile, hospital or related medical facilities are advised to admit anyone with gunshot wounds or related injuries, but must endeavor to report such to the nearest Police Station immediately.
“Further developments will be communicated as investigations progress.”
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