Tuesday, October 6, 2026

FG reveals plan to stock up strategic food reserves

The government stated that the gesture would enable farmers to engage in all-year-round farming, particularly during the dry season.

• November 6, 2025
President Bola Tinubu
President Bola Tinubu [Credit: Nairaland Forum]

The federal government says it is actively pursuing a plan to stockpile produce to address food security concerns, stabilise prices, and ensure financial liquidity in the agricultural sector for farmers.

The government stated that the gesture would enable farmers to engage in all-year-round farming, particularly during the dry season.

Agriculture minister Abubakar Kyari gave the assurance during a working tour of some facilities in Kaduna, accompanied by his deputy, Abdullahi Aliyu, and other stakeholders.

The tour was on the sidelines of the 47th regular meeting of the National Council on Agriculture and Food Security.

Reacting to the concerns of farmers about the decline in the cost of food items nationwide, despite the increase in input costs, he assured them of the government’s readiness to address the challenge.

“Though farmers are worried about the crash in the cost of food, they also go to the same markets and benefit from cheaper prices as well.

“At the same time, the problem with farmers is the price of inputs. President Bola Tinubu is working on that. We are going to tackle the price of inputs and balance the welfare of citizens and that of the farmers.

“Very soon, we are also going to stock up strategic reserves, which will give a lot of financial liquidity in the agricultural sector for farmers to be able to go into all-year-round farming, especially in the dry season,” he said.

Assessing the performance of some factories visited, the minister expressed satisfaction with the high level of interest among the populace in food production and the processing of raw materials, among other aspects.

According to him, farmers and processors have heeded the clarion call of Mr Tinubu on the issue of food security and food sovereignty.

He said, “It is evident that what you see on the field is almost in line with the renewal hope agenda of Mr President.”

Some of the factories visited include Olam Agri, TMDK Agro Park, DEBRANCH Farmers, Quality Afriexim Bank Quality Assurance Office, and Tomato Jos.

According to him, the quality assurance office seeks to give Nigerian produce a seal of approval for both domestic and export markets.

Mira Mehta, CEO of Tomato Jos, gave an overview of the company’s activities, stating that the company aimed to produce high-quality tomato paste from locally grown tomatoes, thereby supporting smallholder farmers and boosting Nigeria’s food security.

Ms Mehta said the company’s core mission is “local production for local consumption”, creating a middle class in rural Nigeria by providing a consistent market for farmers and processing their produce into high-quality paste.

She stated that the company operates a state-of-the-art processing factory in Kaduna, making it the third-largest tomato processing plant in Nigeria.

 (NAN)

We have recently deactivated our website's comment provider in favour of other channels of distribution and commentary. We encourage you to join the conversation on our stories via our Facebook, Twitter and other social media pages.

More from Peoples Gazette

Nigerian Bar Association

States

Independence: NBA urges Nigerians to expect better future

The NBA said that ordinary Nigerians should be deriving benefit from the subsidy removal rather than hardship.

farmers

Agriculture

FG tasks ECOWAS on leveraging financing strategies for agroecology

The federal government has urged stakeholders in the agriculture and finance sectors in the West Africa region to leverage financing strategies to enhance agroecology practices

Katsina State

Politics

Katsina youths pledge to deliver over 2 million votes to Atiku

“Katsina State is Atiku’s political base because it is his second home.”

Akwa Ibom teachers

Education

20,000 teachers get N50,000 wardrobe allowance each in Akwa Ibom

Governor Umo Eno has approved a N50,000 wardrobe allowance for each of the 20,000 teachers employed by the Akwa Ibom government.

The police commissioner, Mamman Giwa

States

Police nab suspected streetlight vandals, thieves in Enugu

The police command in Enugu has detained five suspects in three separate operations involving alleged vandalism and theft of public infrastructure.

August Hanning

World

Germany arrests former head of intelligence for espionage, treason

Police have arrested the former head of Germany’s BND foreign intelligence agency, August Hanning, on suspicion of espionage.

AEDC, prepaid meters

Abuja

Abuja residents urge AEDC to enlighten public on MAP refund scheme

Abuja residents have called on the Abuja Electricity Distribution Company to intensify public enlightenment on the Meter Asset Provider refund scheme.

Godspower Oshodin

Education

Oshodin releases debut novel ‘Even the Devil Wears a Pretty Smile’, announces African book tour

Nigerian author, poet, and filmmaker Godspower Oshodin has released his debut novel, ‘Even the Devil Wears a Pretty Smile’.

Bayo Balogun

Politics

Reps urge INEC to disqualify candidates not in party registers

The Committee on Electoral Matters has urged INEC to audit party membership registers and disqualify candidates whose names are not on them, as stated in the Electoral Act 2026.