This Day (Nigeria) published an article on how middlemen are taking advantage of peasant farmers by buying off their produce to hoard in a bid to create artificial scarcity for staple crops. Indeed, Nigeria has continued to witness the rising cost of staple food crops despite being the largest producer of staple crops in West Africa by a large margin. IFPRI identified credit constraint as one of the key barriers to adoption of modern agricultural technologies such as chemical fertilizer, improved seeds, irrigation technologies among smallholders.
Expert: Middlemen fleecing peasant farmers, creating artificial scarcity (This Day Live)
August 04, 2021