President Bola Ahmed Tinubu has ordered immediate measures to reduce the soaring cost of food and strengthen support for Nigerian farmers.
The directive, comes amid rising inflation and growing public outcry over the escalating prices of basic food items such as rice, beans, maize and cooking oil.
Markets across the country have reacted sharply to the news. Reports from Lagos, Abuja, and Kano indicate that some traders are hoarding foodstuffs in anticipation of government intervention, causing panic buying among consumers.
Farmers, while cautiously optimistic, have expressed concerns about whether the promised support will be implemented effectively. Many cite previous policies that failed to reach grassroots producers due to corruption and bureaucracy.
The announcement has also triggered widespread discussions on social media. Nigerians are divided, with some welcoming the move as timely, while others remain skeptical about its impact on the nation’s fragile food supply chain.
Experts warn that without clear implementation strategies, the order could fuel further speculation in the market and worsen the situation in the short term. Others prefer a reduction in the price of petroleum.
For now, all eyes remain on the government’s next steps as citizens await concrete action to ease the mounting pressure on households and restore stability to Nigeria’s food sector.
