ADVERTISEMENT
  • About Us
  • Advertise
  • Contact Us
  • Privacy Policy
Friday, October 2, 2026
NewsOnline Nigeria
  • Headlines
  • Top Stories
  • Politics
  • Crime Watch
  • Entertainment
  • Sports
No Result
View All Result
  • Headlines
  • Top Stories
  • Politics
  • Crime Watch
  • Entertainment
  • Sports
No Result
View All Result
NewsOnline Nigeria
No Result
View All Result
  • Headlines
  • Top Stories
  • Politics
  • Crime Watch
  • Entertainment
  • Sports
ADVERTISEMENT
Home Economy And Business

BREAKING: Farmers Slam Tinubu Government, Say Policy Killing Local Agriculture

Farmers are now urging the government to reconsider its import policies and prioritize long-term food security by supporting local production.

by NewsOnline Nigeria
July 29, 2025
in Economy And Business, Headline
0
Tinubu Government

President Tinubu

Nigerian Farmers has lamented influx of imported grains, say Tinubu’s Policy is killing local agriculture.

NewsOnline Nigeria reports that Nigerian farmers have raised alarm over the growing dominance of imported rice and maize in local markets, blaming President Bola Tinubu’s import waiver policy for stifling domestic grain cultivation.

Expressing their frustration on social media, farmers warned that the continued flood of cheaper foreign grains is driving down prices and pushing local producers out of business.

ALSO: ADC Slams Tinubu Over $21bn Loan, Warns Nigeria Heading for N200trn Debt Crisis

 

This development follows a nationwide drop in rice and maize prices, attributed to the federal government’s 150-day import duty waiver announced in July 2024. The policy, which allows duty-free imports of staple foods like rice and maize, was initially aimed at curbing inflation and reducing food prices.

A market survey revealed that local rice now sells for N65,000 to N68,000 per 50kg bag, while maize is priced between N35,000 and N37,000, significantly lower than imported rice, which costs up to N83,000.

However, farmers say this price drop has slashed their profit margins, making local grain production unsustainable. The situation has been worsened by rising fertilizer costs, which have driven up production expenses and made it even harder for local farmers to compete.

Reacting to the crisis, Professor Godwin Oyedokun of Lead City University warned that oversupply caused by imports would hurt local agriculture. He called for urgent government intervention to protect Nigerian farmers through subsidies, import tariffs, market access support, and investment in agricultural technology.

Meanwhile, despite a slight drop in headline inflation to 22.22% in June 2025, food inflation continues to rise, standing at 21.97%. Farmers are now urging the government to reconsider its import policies and prioritize long-term food security by supporting local production.

Previous Post

Dollar To Naira Black Market Exchange Rate Today, 29 July 2025

Next Post

BREAKING: ADC Speaks On Peter Obi Returning To Clinch 2027 PDP Presidential Ticket

Next Post
Peter Obi

BREAKING: ADC Speaks On Peter Obi Returning To Clinch 2027 PDP Presidential Ticket

Trending Stories

Tinubu Government

BREAKING: Farmers Slam Tinubu Government, Say Policy Killing Local Agriculture

Baltasar Engonga Wife Video Knacking Another Man

Watch Full Baltasar Engonga Wife Video Knacking Another Man [#BaltasarEngonga]

Happy Independence Day Nigeria Messages

Happy Independence Day Nigeria Messages, Quotes and Wishes For Everyone

Twitter

BREAKING: Buhari Government Bans Twitter In Nigeria

Video of Isabella Breastfeeding Kayikunmi

#BBNaija: Watch Viral Video of Isabella Breastfeeding Kayikunmi On National TV

God Willing – Neymar Speaks On Surpassing Pele’s Goals Record For Brazil

God Willing – Neymar Speaks On Surpassing Pele’s Goals Record For Brazil

Christian Obi Is Dead

BREAKING: Former Nigerian Goalkeeper, Christian Obi Is Dead

Ondo

Ondo: ‘Tinubu Has Interest In Who Becomes Aiyedatiwa’s Deputy’

Major General Farouk Yahaya Biography

Major General Farouk Yahaya Biography: Everything To Know About New Chief Of Army Staff

Naira

Black Market Dollar To Naira Exchange Rate Today 25 July 2022

Latest Stories

Anthropic

Anthropic Targets $2 Trillion IPO Valuation Despite $42 Billion 2025 Loss

GTCO

GTCO Reports ₦603bn Profit Before Tax, Grows Deposits to ₦14.2trn in H1 2026

Peter Obi

BREAKING: Peter Obi Promises to Restore Fuel Subsidy in Nigeria

NDC

NDC Raises Constitutional Concerns Over Tinubu’s Absence From Nigeria

DSS

DSS Secures Death Sentence for Kidnap Convict Over Killing of Three in Sokoto

Fidelity Bank

Fidelity Bank Distributes 2,500 Food Packs to Vulnerable Communities in Edo

Zenith Bank NBBF Women’s Basketball League Final 8

Zenith Bank NBBF Women’s Basketball League Final 8 Tips Off in Lagos

Google

Google Urges Nigerian Businesses to Rethink Search Advertising Ahead of Black Friday 2026

Financial Crime Response

When Millions Move Across Borders, Nigeria Needs a Stronger Financial Crime Response

$1.5bn World Bank Loans

Tinubu Government Seeks $1.5bn World Bank Loans as Public Debt Hits Record N166.79tn

NewsOnline 2026

Get the Latest Naija News, Breaking News, Top Stories, World News, Business, Politics & Entertainment from NewsOnline Nigeria.

RELEVANT PAGES

  • About Us
  • Advertise
  • Contact Us
  • Privacy Policy

ALERT US

Important Press Releases, Special Investigations: admin@newsonlineng.com

OFFICE ADDRESS

13 Poland Street, London, United Kingdom (UK)

Copyright © 2026 NewsOnline Nigeria

No Result
View All Result
  • Headlines
  • Top Stories
  • Politics
  • Crime Watch
  • Entertainment
  • Sports

Copyright © 2023 Newsonline Nigeria