19 May 2017
The Minister of Agriculture and Rural Development, Audu Ogbeh, said it was farmers that resisted the Federal Government from reducing food prices.
The minister, who spoke during a town hall meeting in Abuja, disclosed that the farmers petitioned him accusing the government of denying them the chance to make profit.
He said; “When our committee met and decided to find a way to bring down prices, I had petitions from farmers who told me, you told us to gi and grow food, now we are making money, you want to deny us our profit so they resisted.
Ogbeh also attributed the increase in the price of food to the high cost of transportation owing to the increase in the price of diesel from N180 to N300 per litre.
He said: “Trailer owners were charging from Lagos to Kaduna 400,000 when it used to be 180,000. All these prices feed into the cost of our produce”.
Ogbeh further attributed the reason for the high cost of local rice against imported ones to high interest rate and the increasing cost of production.
Local rice cost about N16,000 while imported rice cost between N9,000 and N10,000.