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Experts, Farmers Decry Persistent Inflation, Insecurity

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Experts and farmers in the South East have attributed the rising costs of food and agricultural production to insecurity and multiple taxes, according to recent discussions with the press.

These groups shed light on the causes of escalating food prices. Mr. Azubuike Idam, an economist from Abakaliki in Ebonyi State, described the situation as “complex.”

He cited the devaluation of the naira, insufficient political will, poor infrastructure, and inadequate power supply as key factors.

Idam noted that these issues are hindering food production, limiting access to farmland due to insurgent activities, and exacerbating problems like poor storage facilities and excessive highway taxation.

Mr. Albert Eleri, a security expert, called for advanced security measures to address kidnappings and clashes between farmers and herders. He noted that enhanced security would allow farmers to return safely to their fields, thereby boosting productivity.

Mr. Linus Ogodo, a farmer, urged the federal government to be more responsive to citizens’ needs.

He highlighted the importance of introducing ranching to prevent livestock from damaging crops, making fertilizers more available, and providing farm settlements and irrigation facilities during critical farming periods.

Ogbonnaya, another farmer, suggested reviving silos for proper grain storage and ensuring that agricultural intervention programs are effectively implemented.

Mrs. Agnes Igwe, a civil servant, encouraged the government to discourage imports and promote local products. Meanwhile, Mrs. Sylvia Nwafor, a resident of Abakaliki, described the continuous rise in food prices as “frustrating and embarrassing” for citizens.

Reports reveal that a custard bucket of beans now costs between N9,000 and N10,500, up from N2,800 to N3,000 in January.

Read also: Scientist Urges Farmers To Reduce Fertiliser Dependence

Similarly, a tuber of yam sells for between N2,000 and N13,000 depending on size. A plastic bucket of rice now costs between N8,000 and N9,000, compared to N3,000 in January, while a 25kg bag of local rice ranges from N35,000 to N37,000 depending on the brand.

Food vendors at Onitsha’s Ose Okwodu market in Anambra State are pushing back against accusations of price gouging, insisting they’re not the driving force behind the frequent price hikes.

The Eastern Updates 

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