The Minister of Agriculture and Food Security, Abubakar Kyari, announced that the federal government’s suspension of import duties on certain items will continue until the next harvest, which is expected around October or November this year.
In an interview with Channels TV on Sunday in Abuja, Kyari clarified that the suspension is temporary to combat food inflation and will not be in effect indefinitely.
He noted that the upcoming harvest will significantly relieve food prices. “We are looking at an importation level of 300,000 to 400,000 metric tonnes per month for various crops. This will last only until the harvest, expected in October or November,” Kyari said.
Importation During Lean Farming Season
Kyari explained that importing food items is a response to the current lean season in agriculture, which has led to lower production and yields of certain crops. He emphasized that this seasonal issue, occurring between June and August, necessitates the importation of staple foods such as rice, maize, and wheat to stabilize market prices.
“The lean season is a cyclical issue in agriculture. This is why we are importing these staple foods. Once the fiscal matters are resolved and the Ministry of Finance and Customs finalize the details, the importation will proceed,” Kyari added.
Context of Rising Food Prices
Nigeria is currently grappling with a severe cost of living crisis, with food inflation exceeding 40%, according to the National Bureau of Statistics. This surge in staple food prices has triggered widespread social unrest, leading to protests under #EndBadGovernance or Hunger Protest. The demonstrations, which are expected to last ten days, have resulted in loss of lives, destruction of public property, and looting in various parts of the country.
On Sunday, President Bola Tinubu addressed the nation, urging protesters, particularly the youth, to suspend their demonstrations and engage in dialogue with the government.