Reflect Food Price Drop or Face Action — FG Warns Traders

The Federal Government has urged retailers to reflect the reduction in food prices and shun exploiting consumers.

 

The Minister of Agriculture and Natural Resources, Abubakar Kyari, stated this on Tuesday during the 2025 Wheat Farmers Green Field Day, at Dabi village in Ringim Local Government Area of Jigawa.

 

He decried the nonchalant attitude of retailers to reflect the reduction in their sales despite a drop in prices, describing it as unpatriotic and unacceptable.

 

“The federal government is aware of the significant drop in the prices of food items across major markets, particularly for essential commodities such as flour, sugar, rice, and pasta.

 

“However, it is deeply concerning that many retailers, bakers, and shop owners have refused to reflect this reduction in their selling prices, thereby denying Nigerians the relief they deserve.

 

“In previous months, stakeholders in the retail value chain raised concerns about the rising cost of food items. Now that the prices have dropped, such as flour, which fell from N81,000 per bag to below N60,000, Spaghetti has fallen from N20,000 to N15,000.

 

“It is only fair and just to let consumers benefit from food price reduction,” Kyari said.

 

He reiterated the government’s commitment to ensure food availability and engage with relevant stakeholders to reflect the current market realities.

 

The News Agency of Nigeria reports that the event was organised in collaboration between the Flour Milling Association of Nigeria and, the federal and Jigawa state governments.

 

 

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Akanji Philip

Akanji Philip has been working as a reporter with VOICE AIR MEDIA, both onsite at the head office in Odi-Olowo, Osogbo, and remotely. He has covered events at notable political venues, involving prominent figures such as former Osun Governor Adegboyega Oyetola, current Osun State Governor Senator Isiaka Adetunji Adeleke, former Vice President Professor Yemi Osinbajo, the late Ondo Governor Rotimi Akeredolu, Oyo State Governor Seyi Makinde, and various other representatives and lawmakers. In addition, he has represented the company at various press conferences at police stations and has reported on occasions featuring entertainers and actors, such as Kola Oyewo during Oba-Ile Day in Osun State, among others. -Phone Number: +2349058501092, +2348137827714 -Email: akanjiphilips100@gmail.com

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