Business A.M
No Result
View All Result
Monday, February 23, 2026
  • Login
  • Home
  • Technology
  • Finance
  • Comments
  • Companies
  • Commodities
  • About Us
  • Contact Us
Subscribe
Business A.M
  • Home
  • Technology
  • Finance
  • Comments
  • Companies
  • Commodities
  • About Us
  • Contact Us
No Result
View All Result
Business A.M
No Result
View All Result
Home Nigeria Frontier Markets

Fear of armed cattle herders hit prices of agricultural produce in Enugu

by Admin
January 21, 2026
in Nigeria Frontier Markets

…Some food stuffs see 300% price jump, aligning March 18.17% CPI

 

 

Ben Eguzozie, in Port Harcourt

 

Investigations carried out by our newspaper across some local markets in Enugu State indicate that fear by famers of herdsmen attacks in their farms has spiralled rise in the prices of local food items in the state.

 

Particularly, many villagers who bring their agricultural produce to the urban area no longer go to their farms, because of the occasional attacks of suspected armed Fulani herders who operate unhindered in most of the farms with dangerous weapons.

 

Our survey shows that some food stuffs have seen more than 300 per cent jump in their prices in the state, signalling a cost-push inflation. This aligns with the high Consumer Price Index (CPI) as released recently by the Nigerian statistics agency, National Bureau of Statistics (NBS).

 

According to the NBS Consumer Price Index, inflation rate for the month of March 2021 rose to 18.17 per cent from 17.33 per cent recorded in February 2021, representing a 0.82 percentage points higher than the February figures.

 

A woman trader, who trades in achicha, a local food stuff made from cocoyam, told Business A.M. in one of the markets in Enugu, that price of the food item had gone astronomically high, because the armed Fulani herdsmen took over the farms where it (achicha) is produced.

 

“A bag of achicha which used to sell for N50,000 today is sold for N100,000 and N150,000. The major producers of the cocoyam food stuff used in making achicha are mainly the people of Uzo-Uwani Local Government in Enugu north senatorial zone, but the farmers no longer go to their farms because of the armed Fulani herdsmen who attack them, kill the men and rape their women,” the trader said.

 

She narrated further that recently, vegetable farmers at Inyama River in Enugu South Local Government where all the major vegetables sold in markets in the state are produced were attacked by suspected armed Fulani herdsmen. They all women ran home. Since then, the attacks by the suspected cattle herders have had a devastating effect on the economies of the rural communities, as well as affecting the supply of such agricultural produce in our various cities.

 

The farmers are asking for assistance from the state government to enable them cultivate their lands and have peaceful harvests of their produce.

 

Enugu, a Nigerian sub-national with GDP size of over $5.86 billion according to a 2016 state’ GDP survey where it placed 25 out of the 36 states, faces rising inflation. The hilly state, which is rich in yet unexploited coal deposits joined its south-east counterparts to form a regional security outfit known as Ebube-Agu, as a remedy to the security challenges faced by citizens of the region, including the farmers.

 

But some of the farmers who did not want their names in the press, said they were yet to see the operation of the outfit in securing their farms.

 

“We are not seeing the security outfit formed by the south-east governors. Every day, our farms come under attacks by suspected herdsmen. For some months now, we can’t go to our farms to harvest our crops for fear being attacked by the armed cattle herders,” the farmers complained.

Admin
Admin
Previous Post

Nigerians saving up wealth in foreign currencies – Report

Next Post

Hope for Nigerian Cable TV subscribers as Reps move to break monopoly, make pay-per-view compulsory

Next Post

Hope for Nigerian Cable TV subscribers as Reps move to break monopoly, make pay-per-view compulsory

  • Trending
  • Comments
  • Latest
Igbobi alumni raise over N1bn in one week as private capital fills education gap

Igbobi alumni raise over N1bn in one week as private capital fills education gap

February 11, 2026
NGX taps tech advancements to drive N4.63tr capital growth in H1

Insurance-fuelled rally pushes NGX to record high

August 8, 2025

Reps summon Ameachi, others over railway contracts, $500m China loan

July 29, 2025

CBN to issue N1.5bn loan for youth led agric expansion in Plateau

July 29, 2025

6 MLB teams that could use upgrades at the trade deadline

Top NFL Draft picks react to their Madden NFL 16 ratings

Paul Pierce said there was ‘no way’ he could play for Lakers

Arian Foster agrees to buy books for a fan after he asked on Twitter

MultiChoice enters new era as Canal+ finalises $3bn acquisition

MultiChoice hits pause on price hikes to focus on subscribers retention

February 22, 2026

IHS Towers agrees $6.2bn sale to MTN with 239% premium for shareholders

February 22, 2026
Unilever Nigeria expands social investment with Ogun school upgrade

Unilever Nigeria expands social investment with Ogun school upgrade

February 22, 2026
Nigeria unveils N800bn industrial push to cut oil dependence

Nigeria unveils N800bn industrial push to cut oil dependence

February 20, 2026

Popular News

  • Igbobi alumni raise over N1bn in one week as private capital fills education gap

    Igbobi alumni raise over N1bn in one week as private capital fills education gap

    0 shares
    Share 0 Tweet 0
  • Insurance-fuelled rally pushes NGX to record high

    0 shares
    Share 0 Tweet 0
  • Reps summon Ameachi, others over railway contracts, $500m China loan

    0 shares
    Share 0 Tweet 0
  • CBN to issue N1.5bn loan for youth led agric expansion in Plateau

    0 shares
    Share 0 Tweet 0
  • Glo, Dangote, Airtel, 7 others prequalified to bid for 9Mobile acquisition

    0 shares
    Share 0 Tweet 0
Currently Playing

CNN on Nigeria Aviation

CNN on Nigeria Aviation

Business AM TV

Edeme Kelikume Interview With Business AM TV

Business AM TV

Business A M 2021 Mutual Funds Outlook And Award Promo Video

Business AM TV

Recent News

MultiChoice enters new era as Canal+ finalises $3bn acquisition

MultiChoice hits pause on price hikes to focus on subscribers retention

February 22, 2026

IHS Towers agrees $6.2bn sale to MTN with 239% premium for shareholders

February 22, 2026

Categories

  • Frontpage
  • Analyst Insight
  • Business AM TV
  • Comments
  • Commodities
  • Finance
  • Markets
  • Technology
  • The Business Traveller & Hospitality
  • World Business & Economy

Site Navigation

  • Home
  • About Us
  • Contact Us
  • Privacy & Policy
Business A.M

BusinessAMLive (businessamlive.com) is a leading online business news and information platform focused on providing timely, insightful and comprehensive coverage of economic, financial, and business developments in Nigeria, Africa and around the world.

© 2026 Business A.M

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Home
  • Technology
  • Finance
  • Comments
  • Companies
  • Commodities
  • About Us
  • Contact Us

© 2026 Business A.M