The Tinubu Stakeholders Forum (TSF) has applauded the Federal Government’s strategic decision to prioritize increased agricultural production as the key solution to reducing food prices across Nigeria.
In a statement signed by its Chairman Ahmad Sajoh and Secretary, Afolabi Josiah, on Tuesday, the group argued that the approach reflects an unwavering commitment to market-driven solutions to stabilize prices naturally without the need for price controls.
It said: “By focusing on empowering the agricultural sector to produce more, the government is fostering an environment where supply meets growing demand, leading to lower costs for consumers.
“This strategy moves away from short-term fixes and embraces a sustainable path to food security, ensuring that the agricultural sector remains a vital pillar of the nation’s economy. This is for us a good move.
“It is, therefore, not surprising that notable local and international companies are already supporting this vision through significant investments in agricultural development.
“We are aware that ‘ThriveAgric’ is spearheading a pioneering program that integrates agriculture with climate action, training thousands of farmers and expanding its reach across Nigeria and beyond. Farmcrowdy continues to bridge the gap between small-scale farmers and investors, enhancing productivity and contributing to food sufficiency.
“Also, Pandagric Novum, in collaboration with the Nigerian Sovereign Investment Authority, is driving large-scale agricultural projects that strengthen the entire value chain while Coca-Cola’s planned $1 billion investment in Nigeria over the next five years further underscores the growing confidence in the nation’s agricultural potential, with a focus on boosting production capacity and supporting the supply chain.
“These initiatives reflect the increasing collaboration between the government and the private sector, aimed at transforming Nigeria’s agricultural landscape. We commend the Tinubu administration for creating an enabling environment that encourages such investments and remain confident that this market-driven approach will lead to lasting food security and economic resilience. “
TSF also reaffirmed support for the government’s policies in the agricultural sector and urged continued efforts to build a self-sustaining sector for the benefit of all Nigerians.
