The Federal Government has called on retailers to reflect the recent drop in food prices and desist from exploiting consumers.
The 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 State.
Kyari condemned the reluctance of retailers to adjust their prices despite a significant reduction in market rates, describing their actions as unpatriotic and unacceptable.
“The federal government is aware of the significant drop in the prices of food items across major markets, particularly for essential commodities such as flour, sugar, rice, and pasta.
“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,” Kyari stated.
He noted that while retailers had previously expressed concerns over rising costs, they have failed to pass on the benefits of lower prices to consumers.
“In previous months, stakeholders in the retail value chain raised concerns about the rising cost of food items. Now that the prices have dropped, such as flour, which fell from N81,000 per bag to below N60,000, Spaghetti has fallen from N20,000 to N15,000.
“It is only fair and just to let consumers benefit from food price reduction,” he added.
The Minister reiterated the government’s commitment to ensuring food availability and engaging with relevant stakeholders to align prices with market realities.
The News Agency of Nigeria reported that the event was organised through a collaboration between the Flour Milling Association of Nigeria, the Federal Government, and the Jigawa State Government.
