Nigeria: Why the price of beans may not go down soon

Nigeria's bean prices are expected to remain high due to a decrease in production caused by factors such as banditry, farmer-herder clashes, climate change, poor storage facilities, and a ban on agricultural exports by Niger, a key supplier. These issues, along with inflation and disrupted supplies from Niger, have led to a rise in the price of beans and other food items in the region.

Experts have warned that the price of beans may not go down any time soon in Nigeria. The country used to be the largest producer of beans—about 58 percent of the global output, according to the Nigerian Export Promotion Council (NEPC). But factors like banditry, farmer-herder clashes and climate change among others, have been identified as some of the major factors that have negatively affected beans production. Poor storage facilities and unhealthy storage methodologies have negatively affected beans consumption and its availability. According to the chairman of Kano wing of All Farmers Association of Nigeria (AFAN), Alhaji Abdulrasheed Magaji Rimin Gado, production of beans has dropped due to climate change and issues related to insecurity. “Unfortunately, the reduction in bean production is due to insecurity issues that have characterised most of the beans producing areas in the North. It was gathered that Niger Republic supplies about 45 per cent of the beans we consume in ...