Alhaji Sunmaila Aderemi Jimoh, the Babaloja-General of Oyo State, has urged the Nigerian federal government to provide incentives to farmers and traders in order to prevent an imminent food crisis. Speaking at a media briefing in Ibadan, Jimoh highlighted the need for government intervention to address the rising cost of transportation and the subsequent increase in food prices.
Jimoh expressed concern that the recent removal of petroleum subsidy has led to an increase in transportation costs, which has, in turn, caused farmers to raise the prices of their produce. He emphasized that only the federal government’s support can prevent food insecurity and stabilize commodity prices, allowing the common man to afford two average meals per day.
The Babaloja-General also emphasized the challenges faced by traders who are often unfairly blamed for the rise in food prices. He proposed the provision of interest-free loans to farmers and traders as a means of relieving them from the pressures of their business environment. However, Jimoh stressed the importance of implementing effective control measures to ensure prompt loan repayment and genuine utilization of funds for profitable ventures. He suggested the engagement of competent managers to oversee the loan process and supervise repayment.
Jimoh’s call for government assistance to farmers and traders reflects the urgent need to address the increasing cost of living and prevent a potential food crisis in Nigeria.
