Farm inputs dealers are smiling to the bank as increased food prices have pushed up demand for fertilisers, herbicides, pesticides and seeds.
Food inflation stood at 39.84 percent in December 2024, a 5.91 percent increase from the 33.93 percent recorded in December 2023, according to the latest report by the National Bureau of Statistics (NBS).
Due to the rising food prices, many Nigerians have gone into farming with a view to cutting their own slice of the cake. This has in turn led to the higher demand for agro inputs.
“The continuou
