Soon, prices of fertilizer will fall. This is as a result of ongoing massive investments in the fertilizer production subsector.
The Minister of Agriculture and Rural Development, Sabo Nanono, who disclosed this in Abuja expressed optimism that in the next year, farmers will no longer struggle to access fertilizers in Nigeria.
In the last few decades, fertilizer has been seen as gold for farmers who desperately need it for their farms.
The demand for it is high for food production; it’s either very scarce or unaffordable in some cases.
At a point, a bag was sold between N7, 500 and N7, 000. For this reason, the Federal Government is making major changes to the Presidential Fertiliser Initiative, a programme established in 2017, which allows the government to reach millions of smallholder farmers with fertilizers at N5,500.
Proposing that the government should also establish a price policy on fundamental crops like rice, maize, sorghum, and millet, Nanono said that lack of price policy is doing more harm than good to the agricultural sector.
The Minister maintained that the government is linking communities and farmers through infrastructural development, reaching the grassroots by connecting market-to-market, farms-to-farms.