Nigeria’s agricultural sector has raised fresh concerns that a potential surge in fuel prices, driven by escalating tensions in the Gulf region, could worsen food inflation across the country.
Farmers and agro-producers say increased fuel costs would directly impact transportation, processing, and storage of food items, leading to higher market prices. With Nigeria heavily reliant on road transport for food distribution, any spike in petrol or diesel prices could disrupt supply chains.
Stakeholders note that rural farmers, already battling insecurity and high input costs, may be forced to reduce production if fuel becomes unaffordable. This could further shrink food supply and intensify inflationary pressure.
Market surveys indicate that transportation accounts for a significant portion of food pricing, meaning consumers may soon face higher costs for staple goods such as rice, garri, and vegetables.
Agricultural groups are urging the Federal Government to introduce fuel subsidies or targeted support for farmers to cushion the impact. They also advocate investment in alternative energy and improved storage systems to reduce dependence on fuel.
Economic analysts warn that without swift intervention, Nigeria could see a sharp rise in food prices in the coming months, deepening hardship for millions of households.
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