{"id":123327,"date":"2025-10-27T21:25:52","date_gmt":"2025-10-27T20:25:52","guid":{"rendered":"https:\/\/pointblanknews.com\/pbn\/?p=123327"},"modified":"2025-10-27T21:25:52","modified_gmt":"2025-10-27T20:25:52","slug":"apc-manipulating-food-prices-for-political-reasons-adc","status":"publish","type":"post","link":"https:\/\/pointblanknews.com\/pbn\/news\/apc-manipulating-food-prices-for-political-reasons-adc\/","title":{"rendered":"APC\u00a0 Manipulating Food Prices for Political reasons- ADC"},"content":{"rendered":"<div>By Myke Agunwa<\/div>\n<div><\/div>\n<div>The African Democratic Congress (ADC) has accused the Federal Government of deliberately manipulating food prices to create a false impression of economic progress while millions of Nigerians continue to grapple with hunger and worsening living conditions.<\/div>\n<div><\/div>\n<div>The\u00a0 statement comes amid growing debate over the federal government\u2019s recent announcement that food prices had begun to drop following a series of import waivers and intervention measures. Last month, the Federal Ministry of Agriculture and Food Security announced that the administration was working to stabilise prices by allowing the importation of essential food items such as rice, wheat, and maize through duty-free channels.<\/div>\n<div><\/div>\n<div>Officials have credited these policies with easing food inflation, which had remained one of the highest components of Nigeria\u2019s overall inflation rate, standing at over 30 percent as of September 2025, according to the National Bureau of Statistics (NBS).<\/div>\n<div><\/div>\n<div>But in a statement signed by its National Publicity Secretary, Mallam Bolaji Abdullahi on Monday, the party described the government\u2019s recent claims of increased local food production and falling food prices as \u201cdishonest and misleading.\u201d It said the administration was using \u201cimport waivers and propaganda\u201d to distort the realities of widespread hardship across the country.<\/div>\n<div><\/div>\n<div>\u201cThe reported drop in the prices of some food items is artificial, and a result of import waivers that have flooded the market with cheap foreign food. It is neither evidence of sound policy nor proof of increased local production,\u201d the party stated.<\/div>\n<div><\/div>\n<div>The opposition coalition party accused the administration of President Bola Tinubu of using import-driven price cuts to create temporary relief while undermining local farmers who cannot compete due to the high cost of fertilisers, rising energy costs, and persistent insecurity.<\/div>\n<div><\/div>\n<div>\u201cWhile the government celebrates a supposed decline in food prices, the reality on the ground, as confirmed by struggling farmers and families, is that hunger has become a political tool. This is propaganda designed to manufacture the illusion of economic recovery while citizens continue to suffer,\u201d the statement said.<\/div>\n<div><\/div>\n<div>According to the ADC, most farmers in the northern region have been displaced by banditry, while those still cultivating struggle to afford fertilisers and other inputs. \u201cHow can production be increasing when the rural economy is under siege and the average farmer can no longer plant?\u201d it queried.<\/div>\n<div><\/div>\n<div>The opposition party also expressed disbelief at government claims that imported food had not yet been released into the market, accusing authorities of hoarding food while citizens starve.<\/div>\n<div><\/div>\n<div>\u201cIf we are to even momentarily entertain this falsehood, it begs an even more damning question: why is the government hoarding food while the people go hungry? What sort of administration stores food in warehouses during a hunger crisis?\u201d the ADC asked.<\/div>\n<div><\/div>\n<div>Calling for a complete overhaul of the nation\u2019s agricultural policies, the party urged the government to prioritise security for farmers, support local production, stabilise food prices, and pursue long-term food sovereignty rather than short-term optics.<\/div>\n<div><\/div>\n<div>\u201cThe Nigerian people deserve truth and food, not manipulation and a false narrative of renewed hope,\u201d the ADC declared.<\/div>\n<!-- AddThis Advanced Settings generic via filter on the_content --><!-- AddThis Share Buttons generic via filter on the_content --><!-- AddThis Related Posts generic via filter on the_content -->","protected":false},"excerpt":{"rendered":"<p>By Myke Agunwa The African Democratic Congress (ADC) has accused the Federal Government of deliberately manipulating food prices to create a false impression of economic progress while millions of Nigerians&hellip;<!-- AddThis Advanced Settings generic via filter on wp_trim_excerpt --><!-- AddThis Share Buttons generic via filter on wp_trim_excerpt --><!-- AddThis Related Posts generic via filter on wp_trim_excerpt --><\/p>\n","protected":false},"author":1,"featured_media":120453,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_lmt_disableupdate":"","_lmt_disable":"","footnotes":""},"categories":[5],"tags":[],"class_list":["post-123327","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.8 - 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