• About Us
  • Contact Us
  • Privacy Policy
  • Terms & Conditions
Monday, July 6, 2026
  • Login
No Result
View All Result
NEWSLETTER
iNews Times
  • Home
  • Headlines
  • News
  • National
  • International
  • Politics
  • Business
  • Education
  • Sports
  • Entertainment
  • Metro
  • Home
  • Headlines
  • News
  • National
  • International
  • Politics
  • Business
  • Education
  • Sports
  • Entertainment
  • Metro
No Result
View All Result
iNews Times
No Result
View All Result
Home News

‎AFAN Raises Alarm Over Inflation Across Nigeria

‎AFAN blames hoarding, rising logistics expenses and fertiliser scarcity for worsening food inflation across Nigeria

byIjeoma Favour
May 8, 2026
in News
‎AFAN Raises Alarm Over Inflation Across Nigeria

Share this

  • Facebook
  • X
  • WhatsApp
  • Email
  • LinkedIn
  • SMS
  • Telegram

…‎AFAN chairman stressed the importance of protecting farmers and farmlands to guarantee national food security.

‎LAGOS, NIGERIA – The iNews Times| The All Farmers Association of Nigeria (AFAN), Lagos State Chapter, has blamed the rising cost of food items across the country on the activities of middlemen, increasing transportation expenses, and fertiliser shortages.

‎

‎Acting Chairman of AFAN in Lagos State, Sakin Agbayewa, disclosed this during an interview with the News Agency of Nigeria (NAN) on Thursday in Lagos.

RelatedPosts

Medical Bills Intervention Brings Relief to 26 Patients in Anambra Hospital

Tinted Vehicles Impoundment Intensifies in Anambra as Police Cite Security Imperative

Grand Corruption: Peter Obi Blasts Tinubu Administration Over N8.83 Trillion Unbudgeted Expenditure

‎

‎According to Agbayewa, middlemen often take advantage of festive periods such as the upcoming Ileya (Sallah) celebration to hoard food items and resell them at inflated prices for profit.

‎

‎“There is no doubt that food prices are currently rising across the country, but some of the factors are man-made,” he said.

‎

‎“We are approaching the Ileya celebration, and foodstuff, especially vegetables, usually become more expensive during festive periods. The middlemen are already buying up food items and reselling them at higher prices. This has become a recurring trend during major celebrations.”

‎

‎He called on governments at all levels to take deliberate action against exploitative practices by middlemen in order to protect consumers during festive seasons.

‎

‎Agbayewa also linked the rising food prices to disruptions in global supply chains, particularly the scarcity of fertilisers caused by ongoing tensions involving the United States, Iran, and Israel.

‎

‎According to him, the situation has affected fertiliser imports and significantly increased production costs for farmers.

‎

‎“Ships are not coming in as expected, fertilisers are scarce, and the little available is expensive,” he explained.

‎

‎He, however, noted that the government, through the National Agricultural Development Fund and the Lagos State Government, plans to distribute free fertilisers to farmers to ease the burden.

‎

‎The AFAN chairman further identified the soaring cost of transportation as another major factor driving up food prices nationwide.

‎

‎“The cost of moving food items from farms to markets has increased significantly, and this is reflected in market prices,” he said.

‎

‎“The government needs to address the rising logistics costs before the situation worsens.”

‎

‎Agbayewa stressed the importance of protecting farmers and farmlands to guarantee national food security, adding that increased agricultural productivity would boost employment, economic stability, and peace across the country.

‎

‎“When there is food security, there is peace of mind, employment and security in the country,” he added.

‎

Ijeoma Favour

Ijeoma Favour

Related Posts

No Content Available
Next Post
Progressive Governors Forum Chairman: Report Names Peter Mbah Amid Uzodinma Removal Claims

Progressive Governors Forum Chairman: Report Names Peter Mbah Amid Uzodinma Removal Claims

Recommended

Anambra Electricity Protest: Convener Tells Police ‘Arrest Me If You Must’

Anambra Electricity Protest: Convener Tells Police ‘Arrest Me If You Must’

4 months ago
Army Says Detention of Kanu, Ekpa Improved Security in South-East

Army Says Detention of Kanu, Ekpa Improved Security in South-East

6 months ago

Popular News

  • Medical Bills Intervention Brings Relief to 26 Patients in Anambra Hospital

    Medical Bills Intervention Brings Relief to 26 Patients in Anambra Hospital

    0 shares
    Share 0 Tweet 0
  • Tinted Vehicles Impoundment Intensifies in Anambra as Police Cite Security Imperative

    0 shares
    Share 0 Tweet 0
  • Grand Corruption: Peter Obi Blasts Tinubu Administration Over N8.83 Trillion Unbudgeted Expenditure

    0 shares
    Share 0 Tweet 0
  • World Cup: French Star Scores Seventh Goal to Lead Golden Boot Race

    0 shares
    Share 0 Tweet 0
  • Oyo State Abduction: Army Chief Reports Significant Progress in Rescue Efforts

    0 shares
    Share 0 Tweet 0

Connect with us

About Us

We bring you the news....

Category

  • Agriculture
  • Business
  • Culture
  • Editorial
  • Education
  • Entertainment
  • Headlines
  • Health
  • International
  • Metro
  • National
  • News
  • Opinion
  • Politics
  • SouthEast Times
  • Sports

Quick Links

  • About Us
  • Contact Us
  • Privacy Policy
  • Terms & Conditions

Read Also…

  • Medical Bills Intervention Brings Relief to 26 Patients in Anambra Hospital
  • Tinted Vehicles Impoundment Intensifies in Anambra as Police Cite Security Imperative
  • Grand Corruption: Peter Obi Blasts Tinubu Administration Over N8.83 Trillion Unbudgeted Expenditure
  • World Cup: French Star Scores Seventh Goal to Lead Golden Boot Race
  • Oyo State Abduction: Army Chief Reports Significant Progress in Rescue Efforts
  • About Us
  • Contact Us
  • Privacy Policy
  • Terms & Conditions

© 2025 iTimes Media & Production Limited

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Home
  • Headlines
  • News
  • National
  • International
  • Politics
  • Business
  • Education
  • Sports
  • Entertainment
  • Metro

© 2025 iTimes Media & Production Limited