He called for government intervention in price regulation in the sector to help small-scale farmers thrive.
The National Bureau of Statistics says prices of beans, eggs, bread, rice, and other food items witnessed significant price increases in October 2024.
The NBS said that the highest average price of sliced bread was recorded in Rivers at N1,850.
On Tuesday, the Sri Lankan government approved a proposal to import eggs to stabilise market prices.
In tune with the extant global trends, Nigeria is experiencing an unprecedented increase in the prices of basic food items.
The discount markets for foodstuffs (Ounje Eko) are part of Governor Babajide Sanwo-Olu’s measures to cushion the effect of the removal of petrol subsidies.
They noted that eggs had become too expensive and out of reach for the poor.
Poultry farmers in Lagos have decried the egg glut in the market and appealed to the government to mop up the produce.
“The suspects, on sighting the police operatives, took to their heels from the scene of their unlawful assembly.”
