Federal Government’s Plans To Cut Food Prices Hampered By Rising Costs

This troubling increase reflects broader economic pressures that have impeded efforts to alleviate food inflation in Nigeria.

On July 8, 2024, the government announced a 150-day duty-free import window for essential food commodities, including maize, husked brown rice, wheat, and cowpeas, aimed at mitigating the effects of food scarcity and price hikes across the country.