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Drop in Price of Food Items: Government Stabilizing the Economy or Compassion by Business Community?

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Abbas Yushau Yusuf

Recently, there has been a noticeable drop in the price of food items across major markets in many parts of Nigeria. NIGERIAN TRACKER monitored the situation and visited one of the major markets in Northern Nigeria, the Yankaba market in Kano, to understand the reasons behind this trend.

Alkasim Ahmad, a businessman who sells cereals, shared the old prices and the new dropped prices in the market. “Before, maize was sold at 1,800 Naira per mudu, but now it’s 1,500 Naira. Millet used to be 1,700 Naira, but now it’s between 1,560 and 1,600 Naira. A bag of millet was previously 65,000 Naira, but now it’s 58,000 Naira,” he said.

Similarly, guinea corn is now being sold at 58,000 Naira per bag, with the price per mudu at 1,500 Naira. Previously, it was sold at 1,800 Naira per bag. However, the price of rice has not seen much change. Reports indicate that spaghetti, especially foreign brands, has dropped from 20,000 Naira to 17,000 Naira, and in some places, even 16,000 Naira.

The price of soya beans has also seen a reduction. “The price per mudu has dropped to 2,400 Naira, and in some places to 2,350 Naira, from the previous 2,800 Naira. The whole bag of soya beans used to be 110,000 Naira, but now it has dropped to 90,000 Naira,” Alkasim Ahmad added.

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For normal beans, the price per bag was previously 95,000 Naira, but now it’s being sold at 85,000 Naira. The price of wheat has remained unchanged, with the price per mudu still at 3,000 Naira and the bag at 115,000 Naira.

Dr. Mustapha Garin Gabas, a Lecturer of Economics at Sule Lamido University, Jigawa State University Kafin Hausa, explained the reasons for the drop in food prices to NIGERIAN TRACKER. He said, “The inflation in Nigeria is not necessarily due to some external forces, but is typically driven by scarcity, especially for food items. Now is the harvesting period for cereals like sorghum, millet, rice, and beans. This is the peak harvesting period, and the availability of these items has led to the drop in prices.”

He added, “Rural households now have food items at their disposal until their supply is exhausted. This year’s rainy season has resulted in a bumper harvest, particularly in the northern part of the country, compared to last year. Sometimes, prices go up when items are not available in the market. There is also a little stability in the exchange rate, which, although not completely stable, has remained between 1,000 and 1,600 Naira for a long period of time, facilitating stability in prices.”

The drop in food prices raises questions about whether the government’s efforts to stabilize the economy are yielding results, or if it is the compassion and cooperation of the business community that is driving this positive change.

Regardless of the reason, the reduction in food prices is a welcome relief for consumers across Nigeria, providing them with much-needed economic respite.

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Court Restrains Anti-Corruption Commission, Others from interfering in MAAUN’s Affairs

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A Kano High Court has granted an interim injunction restraining the Public Complaints and Anti-Corruption Commission (PCACC) and four other parties from interfering in the internal and external affairs of Maryam Abacha American University of Nigeria (AAUN), Kano.

Justice Sanusi Ado Ma’aji of the High court of Kano Judicial Division issued the order, while ruling on a motion of ex parte filed by the management of the university.

The respondents in the suit are the Kano State Government, PCACC, Kano State House of Assembly and the state’s Attorney-General and concerned parents of the institution.

Justice Ma’aji in the court order dated December 11, 2025, restrained the respondents or any other person acting on their behalf from inviting officials of the institution or interfering in the administrative and academic activities of the intuition, pending the hearing and determination of the substantive suit.

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The court also directed all the parties to maintain status quo in relation to the matter between the applicant and the first respondent, pending the determination of the originating summons.

Speaking after the ruling, MAAUN’s counsel Zahraddeen M. Bello, said that the court’s decision reaffirmed the rule of law and the need for due process, saying the university will continue to operate within the confines of law, while the case is pending.

However, the court granted leave to the applicant to serve court processes on the fifth respondent at its office located at No. 224 Sabo Bakin Zuwo, Kano.

The matter was adjourned to December 29, 2025 and the order was given under the hand and seal of the presiding judge and was duly endorsed by the Principal Registrar of the court.

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Jigawa Trains Local Government Chairmen on 2025 Tax Reform Act

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The Jigawa Joint Task Committee has commenced a two-day capacity-building training for local government chairmen and policymakers. The two-day capacity program focused on the new Nigeria Tax Reform Act (NTA) 2025, which is scheduled to take effect nationwide on January 1, 2026.

The training gathered a contingent of state and local revenue stakeholders, including all 27 local government chairmen of Jigawa State, led by the Chairman of the Association of Local Governments of Nigeria (ALGON), revenue officers, and key policy and tax experts.

The core objective of the session was multifaceted: to enhance understanding of the NTA 2025 and its specific implications for local government administration, strengthen collaboration between state and local tiers for revenue harmonization and joint administration, and improve the technical capacity of local government leaders in deploying modern revenue processes and digital systems.

During the event, the Executive Chairman of the Jigawa Internal Revenue Service (JIRS), Dr. Nasir Sabo Idris, commended the state government’s leadership for its commitment to fiscal autonomy.

“I wish to acknowledge the immense support of His Excellency, Governor Malam Umar Namadi, FCA,” Dr. Idris said.

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According to Dr. Idris, Jigawa Governor’s commitment to revenue generation has been unwavering, ensuring a consistent improvement in the state’s Internally Generated Revenue (IGR).

Dr. Idris pointed out that the upcoming launch of JigiTax, a wholly digital platform designed to streamline and modernize revenue collection across Jigawa State, is underway.

He said the move is seen as a direct response to strengthening transparency and blocking revenue leakages.

On his part, the Jigawa State Commissioner for Local Government, Ibrahim Graba Hannun-Giwa, whose address was delivered by the Director of Research, Malam Samaila Yusuf, said:

“The Ministry of Local Government is doing all it takes to continue supporting the visionary policies of Governor Namadi and driving policies that will shore up the revenue base of our local governments,” Malam Yusuf stated, emphasizing a unified approach to fiscal strength.

The dividends of the collaborative efforts were highlighted by the ALGON Chairman, who also serves as the Chairman of Dutse Local Government.

Speaking to newsmen, he asserted that the state’s disciplined approach had fundamentally altered the financial landscape at the grassroots level.

“With the commitment shown by Governor Namadi and the diligent efforts of the Jigawa Joint Revenue Committee, no local government in Jigawa now seeks intervention,” the ALGON Chairman declared.

He said, “Revenue loopholes are being systematically blocked, and improved compliance by different stakeholders, including markets and motor parks remitting their taxes, has significantly boosted our revenue drive.”

He further confirmed that the local governments had already undertaken a series of awareness trainings for all relevant stakeholders to ensure a seamless transition to the NTA 2025.

Barrister Aliyu Abdullahi said the in a paper presentation titled “State and Local Government in the Law,” by a legal practitioner. The paper specifically called for the legislative institutionalization of the Jigawa Joint Revenue Committee by the State House of Assembly. This institutional backing, the practitioner argued, would solidify the collaborative framework for revenue harmonization and ensure its longevity beyond the current administration.

 

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Former President Obasanjo Endorses Turaki’s Faction of PDP

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By Yusuf Danjuma Yunusa

Former President Olusegun Obasanjo hosted the national working committee (NWC) of a faction of the Peoples Democratic Party (PDP) at his residence in Abeokuta, Ogun state.

The PDP faction visited the former president on Saturday, and Kabiru Turaki led the delegation.

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Those among the delegation are: Muazu Aliyu, former Niger governor; Jonah Jang, former governor of Plateau; Adolphus Wabara, former senate president, and many more.

Interacting with the delegation, Obasanjo commended the faction’s effort, adding that its members should “soldier on”.

The former president also urged the faction to remain steadfast in instilling discipline in the party, adding that:

“anybody who wants to belong to a political party must adhere strictly to its rules and regulations”.

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