Close Menu
Invest Intellect
    Facebook X (Twitter) Instagram
    Invest Intellect
    Facebook X (Twitter) Instagram Pinterest
    • Home
    • Commodities
    • Cryptocurrency
    • Fintech
    • Investments
    • Precious Metal
    • Property
    • Stock Market
    Invest Intellect
    Home»Commodities»Institute for Agricultural Research urges FG to make agricultural inputs affordable for local farmers
    Commodities

    Institute for Agricultural Research urges FG to make agricultural inputs affordable for local farmers

    April 23, 20253 Mins Read


    The Institute for Agricultural Research (IAR) at Ahmadu Bello University (ABU), Zaria, has called on the federal government to urgently reduce the cost of agricultural inputs to make them more affordable for local farmers.

    Prof. Ado Yusuf, Executive Director of IAR, made the appeal during the 2025 Annual Review and Planning Meeting in Zaria.

    Yusuf emphasized that lowering input costs would not only boost agricultural productivity but also help mitigate Nigeria’s growing dependence on food imports.

    He also called for targeted regulation of food imports to ensure national food security and prevent surplus production, a challenge that persists despite Nigeria’s capacity for self-sufficiency.

    He acknowledged that Nigerian farmers continue to thrive despite the influx of imported food products, but stressed that the country remains a net importer of food, an indication that domestic food production is still below national demand.

    “The government must regulate food importation. For instance, if we know our demand, then we should have a targeted supply to avoid surplus,” he said.

    The Executive Director noted that the prices of agricultural products have declined compared to 2024 levels.

    “That is not to say, however, that farmers are not making a profit,” he added.

    Balance between profit and affordability 

    He emphasized that while he supports farmers earning profits from agriculture, such profits should not be excessive to the point where ordinary citizens can no longer afford food.

    Yusuf also advised peasant and small-scale farmers not to worry about the importation of farm produce into Nigeria, stressing that the nation’s agricultural production is not solely meant for local consumption.

    He disclosed that since its establishment in 1922, the institute has grown into one of Nigeria’s foremost national research institutes, with a mandate on crops such as sorghum, maize, cowpea, groundnut, cotton, castor, jatropha, sunflower, and artemisia.

    Farm exports highlight market opportunities 

    According to him, Nigeria exports farm produce to neighboring countries, which shows that there is a market for these products.

    He, however, re-echoed the urgent need for deliberate interventions in the area of farm inputs.

    He warned that if the cost of inputs remains high, many farmers will not be able to afford them. As a result, they may be forced out of business, unable to produce, which could ultimately lead to hunger.

    According to him, as of 2025, the institute was undertaking over 180 research projects and had introduced 32 prioritised activities towards improving the livelihood of Nigerian farmers.

    Call for improved research funding 

    Earlier, Prof. Kabiru Bala, Vice-Chancellor of ABU and Chairman on the occasion, said the theme of the event “Advancing Agricultural Innovation for Food Security and Economic Prosperity: Aligning Research with New Hope Agenda’’ was apt.

    He also appealed to key stakeholders in the sector for improved funding of research activities in order to boost food production, job creation and national security.


    Follow us for Breaking News and Market Intelligence.



    Source link

    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

    Related Posts

    Silver Price Hits Record High: Ways to invest in silver and how gains from white metal are taxed? Check out everything inside

    Commodities

    Paving The Way To A Clean Energy Future

    Commodities

    Crude oil futures edge up on reports of possible US-China presidential meeting

    Commodities

    Gold price prediction today: Gold up 56% YTD – where is the yellow metal headed & what should investors do?

    Commodities

    China plans zinc exports as global rally opens window for sales

    Commodities

    The life and times of Ozzy Osbourne – metal’s godfather and Prince of Darkness

    Commodities
    Leave A Reply Cancel Reply

    Top Picks
    Commodities

    Un jury américain délibère dans un procès contre Greenpeace qui pourrait faire date

    Investments

    Impressive character office ready to occupy or invest

    Commodities

    Charting Africa’s agricultural breakthrough: Some highlights from ACAT2025

    Editors Picks

    The next Gold surge comes when the west wakes up [Video]

    August 25, 2025

    Climate change threatens food security as South Africa faces agricultural decline

    June 11, 2025

    Night-time habit could save households ‘hundreds’ on energy bills, expert say

    August 16, 2025

    10 Of The Greatest Heavy Metal Guitarists Ever

    August 10, 2024
    What's Hot

    Opec+ to begin long-delayed supply hike amid Trump pressure

    March 3, 2025

    Pamela Anderson Uses Her New Copper Hair to Level Up All-Black Tailored Tom Ford Outfit

    October 2, 2025

    Fintech Meetup 2025: Connecting Innovators and Investors

    September 22, 2025
    Our Picks

    Silver Prices Surge: Banks Face Billion-Dollar Losses

    October 19, 2024

    Le rapport de l’expert-comptable le blanchit, Samuel Sarr vers la liberté provisoire ?

    January 24, 2025

    South Korea’s mint halts gold bar sales as supply tightens

    February 12, 2025
    Weekly Top

    Paving The Way To A Clean Energy Future

    October 13, 2025

    Crude oil futures edge up on reports of possible US-China presidential meeting

    October 13, 2025

    Gold price prediction today: Gold up 56% YTD – where is the yellow metal headed & what should investors do?

    October 13, 2025
    Editor's Pick

    TSX climbs on real estate gains as US inflation data sparks global market rally

    August 14, 2025

    10 dividend stocks with the lowest payouts in the last year

    July 14, 2025

    Hideo Kojima Says He Won’t Play Metal Gear Solid Delta: Snake Eater, Laughs

    July 31, 2025
    © 2025 Invest Intellect
    • Contact us
    • Privacy Policy
    • Terms and Conditions

    Type above and press Enter to search. Press Esc to cancel.