Nigerian Government Urges Retailers to Reflect Food Price Reductions

Government

The Federal Government has called on retailers to adjust their prices to reflect the recent drop in food costs and avoid exploiting consumers.

Minister of Agriculture and Natural Resources, Abubakar Kyari, made this appeal on Tuesday during the 2025 Wheat Farmers Green Field Day at Dabi village in Ringim Local Government Area of Jigawa.

Kyari criticized the reluctance of retailers to pass on cost reductions to consumers, labeling the practice as unpatriotic and unfair.

“The Federal Government is aware of the significant drop in food prices across major markets, particularly for essential commodities such as flour, sugar, rice, and pasta,” Kyari stated. “However, it is deeply concerning that many retailers, bakers, and shop owners have refused to reflect this reduction in their selling prices, thereby denying Nigerians the relief they deserve.”

He noted that in previous months, stakeholders in the retail value chain raised concerns over rising food costs, but now that prices have dropped—for instance, flour falling from N81,000 per bag to below N60,000 and spaghetti from N20,000 to N15,000—it is only fair for retailers to adjust accordingly.

Kyari reaffirmed the government’s commitment to ensuring food availability and engaging stakeholders to align prices with current market conditions.

The event was organized in collaboration with the Flour Milling Association of Nigeria, the Federal Government, and the Jigawa State Government.

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