Rising Cost of Food: A Clash of Perspectives, by Sulaiman Auwal Marshall
Introduction:
Nigeria, a country blessed with abundant agricultural resources, faces the persistent challenge of high food prices. This issue has led to a clash of perspectives between Nigerian business owners and consumers, who hold contrasting views on the drivers and potential solutions to the problem.
Business Owners’ Perspective:
From the standpoint of business owners, the rising cost of foodstuff is a complex issue influenced by various factors beyond their control. They argue that the increasing prices of raw materials, transportation, and energy have significantly elevated their operational costs, leaving them with no choice but to pass these expenses onto consumers. Alhaji Musa, a prominent rice distributor in Lagos, explains that the soaring prices of essential inputs like diesel and fertilizers have severely impacted their profitability. Maintaining previous prices would lead to their businesses becoming unsustainable.
Additionally, business owners highlight the challenges posed by the country’s aging infrastructure, which has contributed to substantial post-harvest losses and inefficiencies in the supply chain. Amina, a vegetable farmer in Kano, points out that inadequate storage facilities and poorly-maintained roads result in significant waste of agricultural produce before it reaches the market.
Consumer Perspective:
On the other hand, consumers, especially those from lower-income segments, struggle to cope with the escalating costs of basic foodstuffs. They argue that business owners are taking advantage of the situation, profiting at the expense of the people. Fatima, a mother of four in Abuja, expresses concern over the more than doubled prices of staple foods like garri, rice, and beans within the past year. She emphasizes the urgent need for government intervention to regulate these prices and ensure affordability for all.
Government Contention:
The role of the government in this ongoing debate remains a subject of contention. Some consumers believe that the government should actively intervene through price controls or subsidies to ensure affordable food for the masses. However, business owners caution against such measures, which could disrupt the market and give rise to unintended consequences like shortages and black market activities.
Towards Resolution:
Resolving this issue requires a collaborative approach that addresses the root causes. Investments in infrastructure, modernization of the agricultural sector, and the implementation of policies supporting both producers and consumers will be vital in bridging the gap and ensuring access to affordable and nutritious food for all Nigerians.
Conclusion:
As the debate unfolds, it is essential for both sides to approach the issue with empathy, understanding, and a willingness to find common ground. Only through such collaboration can Nigeria overcome the challenge of high food prices and achieve food security for its citizens.
Sulaiman Auwal Marshall
Location: Kano, Nigeria
Email: [email protected]
