The recent drop in food prices in Nigeria amid bumper harvests has left farmers complaining about low returns on their investments.
According to Mr Edun, when President Bola Ahmed Tinubu took office in 2023, Nigeria’s economy was on the brink of fiscal collapse.
The traders appealed to both federal and state governments to urgently address the worsening food crisis.
Mr Daniel described the gesture as a huge relief to the displaced residents.
The initiative aims to support smallholder farmers in the rice and cassava value chains, thereby enhancing their productivity.
Mr Wike explained during the distribution on Monday in Gwagwalada that the gesture was part of the FCT Administration’s annual support to Muslims.
An X user, @echoesofself, said “Of all the things you listed here, which one is below 50k and how much is the minimum wage?
A cross-section of buyers expressed frustration over the development.
The National Bureau of Statistics says prices of beans, eggs, bread, rice, and other food items witnessed significant price increases in October 2024.
The cement manufacturer said the gesture aimed to complement the government’s effort to improve the people’s lives in Ogun State.
