Nigeria: Why onion prices will increase before year-end

Onion farmers in Kano State are sounding the alarm as they anticipate a significant spike in onion prices this year, attributing the increase to the exorbitant cost of fuel required for irrigation machinery. Mustafa Adamu, the secretary of the Kano Onion Farmers Association, shared insights into the challenges faced by farmers. The escalating onion prices add strain to households already grappling with economic challenges. Contrary to expectations of a price reduction, Adamu emphasised that the high cost of fuel will likely maintain onion prices at an elevated level, with any decrease estimated to be no more than 2 per cent. The reliance on fuel for irrigation machines, essential to onion cultivation, has become a financial burden for farmers, impacting the entire onion supply chain. Adamu remarked, "In history, there has never been an increase in onion prices like this year." The unprecedented rise in fuel costs ...