In 2025, food supply improved, fuelled by increased imports and bumper harvests, but farmers incurred huge losses on the back of high production costs and low prices.
“What we saw in 2025 was that food prices fell across Nigeria, especially in urban areas. Coupled with high cost of inputs, many farmers incurred huge losses, with some exiting the sector,” said Ifeanyi Okeleke, CEO of Kenfrancis Farms Limited.
From Benue to Kaduna, farmers said the price crash wiped off their earnings, deepening rural poverty and threatening next year’s foo
