Farmers in Niger State have expressed deep concern over the continuous drop in food prices, a trend they attribute to Nigerian food processing companies increasingly sourcing agricultural products from overseas markets.
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The farmers lamented that while the reduced prices have brought relief to Nigerian consumers, they pose a significant threat to the livelihoods of local producers and traders, who rely heavily on the domestic market for income.
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Hassan Ango Abdullahi, President of the Amana Farmers and Grains Suppliers Association of Nigeria, Shiroro branch, revealed the sharp decline in prices.
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According to him, food processing companies now favor cheaper alternatives from countries like Chad and Ghana, a development he described as detrimental to local farmers.
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“Initially, we sold a 100-kilogram bag of beans for N103,000 and soybeans for N105,000, but now the prices have dropped to N80,000,” Abdullahi disclosed.
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