The Centre for the Promotion of Personal Enterprise has urged the Federal Authorities to introduce a rules-based nationwide farm worth stabilisation framework to guard Nigerian farmers from recurring worth shocks and earnings losses.
The decision was made in an announcement signed on Sunday by CPPE’s Chief Govt Officer, Dr. Muda Yusuf.
In response to the coverage suppose tank, the absence of a structured worth stabilisation mechanism has uncovered farmers to import-induced worth crashes, seasonal gluts, and misery gross sales, with hostile results on livelihoods, funding, and the broader agricultural worth chain.
CPPE famous {that a} well-designed stabilisation framework would assist forestall sharp worth collapses throughout harvest durations, shield farmer incomes, strengthen agro-processing worth chains, and guarantee extra secure provide situations for processors and customers throughout the nation.
What CPPE is saying
CPPE stated Nigeria urgently wants a predictable and market-friendly system that protects farmers with out distorting incentives or crowding out personal sector participation. The organisation harassed that worth stabilisation should be designed as a structural reform relatively than a brief disaster response.
“The Centre for the Promotion of Personal Enterprise (CPPE) is of the agency view that Nigeria urgently requires a transparent, rules-based and market-friendly Farm Worth Stabilisation and Farmer Earnings Safety Framework.”
“Such a framework ought to forestall import-induced worth crashes, scale back harvest-time worth collapse, discourage misery gross sales, shield farmer livelihoods, strengthen worth chains, and supply secure provide situations for processors and customers.”
“Past the import issue, there are structural and seasonal situations that recur yearly and worsen worth instability.”
“The MGP system shouldn’t change into an open-ended authorities buy programme. Slightly, it ought to function strictly as a stabilising backstop.”
CPPE added that any proposed intervention should mirror international greatest practices whereas remaining sensible about Nigeria’s fiscal constraints and governance capability.
Extra Insights
The coverage suppose tank recognized the latest surge in grain imports because the fast set off for the collapse in farm product costs throughout the nation. It defined that the import drive was adopted as an emergency response to excessive meals inflation, however warned that imports alone don’t clarify the depth of worth instability being skilled by farmers.
- CPPE pointed to weak storage infrastructure as a significant factor forcing farmers to promote produce instantly after harvest at depressed costs.
- Poor logistics and restricted entry to dependable market info had been recognized as recurring constraints that worsen seasonal worth volatility.
- The absence of efficient worth threat administration instruments continues to go away farmers uncovered to sharp market swings 12 months after 12 months.
In response to CPPE, these structural weaknesses make Nigerian agriculture weak to cycles of increase and bust, discouraging long-term funding and undermining productiveness progress.
What you need to know
Nairametrics reviews Nigeria could face a 2026 meals disaster as farmers, significantly within the North-Central and North-West, warn that rising prices, insecurity, and post-harvest losses may power them to stop farming.
Nigeria is projected to face a worsening meals safety disaster in 2026, with as much as 34.7 million folks prone to acute meals insecurity.
Nigeria has struggled with meals inflation pushed by insecurity, forex pressures, and rising vitality and enter prices.
Fertiliser costs and restricted entry to agricultural finance have considerably diminished enter utilization amongst smallholder farmers.
The United Nations Meals and Agriculture Group (FAO) has projected that about 34.7 million Nigerians may face extreme meals insecurity through the June–August 2026 lean season, primarily based on its October 2025 Cadre Harmonisé evaluation.
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