If food is so expensive, why aren’t farmers rich?

Vanguard News | 08-10-2026 08:24am |

The article explores the paradox of expensive food and poor farmers in Nigeria, highlighting that despite food insecurity affecting 27 million Nigerians in late 2025, farmers are not getting rich. It uses the example of rice farmers in northern Nigeria who became more productive but faced economic challenges. The story begins with the removal of petrol subsidy in 2023, which increased irrigation costs for farmers using petrol-powered pumps, and mentions efforts by Shell Foundation and AFEX to address the problem.

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