Nigeria’s food import waiver cut prices and wiped N5trn off farmers’ incomes in 2025

    Feyishola Jaiyesimi | Editor’s picks | Feb 10, 2026    
Get Unlimited Access
Subscribe to unlock this article

Complete digital access to quality journalism on any device. Cancel anytime during your trial.

Once registered, you can:

  • Read this article and many more, including access to epapers and research
  • Enjoy customize article feed/recommendation based on your profile
  • Enjoy access to Businessday exclusive events
  • One-Access accross Businessday platforms

Share this article
Shared
4476
times

A 150-day duty-free import window helped tame food inflation but left local farmers with excess produce, heavy losses and rising uncertainty over future food supply.

Continue reading your article with a
BusinessDay subscription





Already a subscriber?
Sign In
RECOMMENDED STORIES
Companies
Nigeria's listed firms face capital risks amid growing ESG divide
As global investors increasingly scrutinise environmental, social, and governance (ESG) performance, a clear divide is emerging among Nigeria’s largest listed companies.
Temi Bamgbose and Chinwe Michael | Jun 19, 2026
Politics
Rising insecurity casts shadow over 2027 elections
With less than seven months to Nigeria's 2027 general elections, a multi-layer security crisis is rapidly escalating across the country and is emerging as one of the biggest threats to the polls, placing enormous pressure on security agencies and the Inde
Saawua Terzungwe | Jun 18, 2026
Economy
How Central Bank won global recognition while fighting inflation
When the Central Bank of Nigeria (CBN) was named Central Bank of the Year at the 2026 Central Banking Awards in London, the recognition reflected more than an institutional achievement.
Hope Moses-Ashike | Jun 17, 2026
Technology
Starlink rides low cost model to poach premium customers from local telcos
Starlink, a satellite internet company now available in 27 African markets, runs a low cost model that enables it to dominate local telcos on the continent, capturing high-value urban and enterprise customers across Africa due to its high-speed, reliable
Royal Ibeh | Jun 17, 2026
support_agent
phone
mail_outline
language
help_outline
Conference Ad Conference Ad