The Centre for the Promotion of Private Enterprise has urged the Federal Government to introduce a rules-based national farm price stabilisation framework to protect Nigerian farmers from recurring price shocks and income losses.
The call was made in a statement signed on Sunday by CPPE’s Chief Executive Officer, Dr. Muda Yusuf.
According to the policy think tank, the absence of a structured price stabilisation mechanism has exposed farmers to import-induced price crashes, seasonal gluts, and distress sales, with adverse effects on livelihoods, investment, and the broader agricultural value chain.