Nigerians now saying food becoming too cheap – Oshiomhole

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The senator representing Edo North, Adams Oshiomhole, has said that some Nigerians are now expressing concerns that the cost of food is dropping too much.

Oshiomhole made the remarks during an appearance on Channels TV last week.

“The truth is this, we promised radical reforms,” he said.

“There are Nigerians now who are saying food is becoming too cheap.”

When asked what President Bola Tinubu would present to voters as he prepares for re-election, the former Edo State governor said the administration’s reforms are already yielding results.

“I even heard some opposition member saying the president is manipulating food prices to crash,” Oshiomhole said.

“So they are angry that the food prices are down.”

The lawmaker, who previously served as national chairman of the All Progressives Congress (APC), said he fully backs the president’s tax reform measures.

“The facts on the ground show that President Tinubu’s tax policy is consistent with the values of a progressive government,” he said.

“And this is a progressive tax policy that places a higher burden on those who earn more while offering tax exemptions to those who earn less.”

In October 2025, the African Democratic Congress (ADC) accused the Tinubu-led administration of deliberately influencing food prices for political advantage ahead of the 2027 elections.

The party’s national publicity secretary, Bolaji Abdullahi, described the reported reduction in prices as “artificial”, arguing that it resulted from import waivers that flooded the market with cheap foreign food, to the detriment of local farmers facing insecurity and inflation.

In December 2025, the senate urged the federal government to reduce fertiliser prices to safeguard farmers’ livelihoods amid declining farm-gate prices and rising production costs.