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Set up National Framework to stabilise food prices — CPPE tells Nigerian Govt

Posted by on February 2, 2026 0


The Centre for the Promotion of Personal Enterprise (CPPE) has urged the Federal Authorities to prioritize the institution of a National Farm Worth Stabilization and Farmer Earnings Safety Framework as a crucial step towards reaching sustainable food safety in Nigeria.

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CPPE Chief Government Officer, Dr. Muda Yusuf, made this name in its sustainable food safety assertion issued on the weekend.

He mentioned persistent worth volatility, weak market constructions, and coverage uncertainty proceed to undermine agricultural productiveness and discourage long-term non-public sector funding within the food system.

In accordance to Yusuf, the proposed framework ought to be designed to scale back uncertainty, defend farmers’ incomes, and create an enabling atmosphere that draws non-public capital throughout the agricultural worth chain.

He confused that such a framework have to be rules-based reasonably than discretionary, focused as an alternative of common, and market-friendly reasonably than command-driven.
He additional famous that digital instruments ought to be central to the framework’s implementation to improve transparency, effectivity, and accountability in pricing, procurement, and farmer help mechanisms.

“Nigeria’s food safety problem can’t be solved by heavy-handed authorities controls.

“The main focus ought to be on correcting market failures—particularly in storage, logistics, finance, processing, and entry to dependable market data—reasonably than crowding out non-public enterprise,” Yusuf mentioned.
He argued that insufficient storage amenities, poor transport infrastructure, and restricted entry to reasonably priced financing expose farmers to post-harvest losses and revenue shocks whereas discouraging funding in large-scale manufacturing and agro-processing.

He maintained {that a} well-structured worth stabilization and revenue safety framework would assist cushion farmers in opposition to excessive worth swings, guarantee extra predictable returns, and finally enhance food availability and affordability for shoppers.

Yusuf added that sustainable food safety is dependent upon insurance policies that strengthen market establishments and incentivize effectivity, innovation, and personal sector participation, reasonably than short-term interventions that distort prices and weaken confidence within the agricultural economic system.

His feedback come as Nigerians face a food worth disaster regardless of headlines, and food inflation stood at 15.15 p.c and 10.84 p.c in December 2025.



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